ProShares ETF Almost Reaches $1B Trading Volume On First Day – October 20

πŸ“ˆ 30 Second Cryptocurrency Price Summary

Current Bitcoin Price:Β $63,980

Bitcoin price is knocking on the door of the previous all-time high, as price ranges around the $64,000 overnight.

Top-20 altcoins are still travelling sideways, as Ethereum gains under 2%, Cardano remains unchanged and Terra is the largest mover with a 7% rise.

Top Stories for October 20, 2021 πŸ”₯

πŸ‘‰ ProShares ETF Almost Reaches $1B Trading Volume On First Day

ProShares’ Bitcoin futures exchange-traded fund (ETF) posted almost $1 billion in trading volume on its very first day of trading on the New York Stock Exchange.

The ETF, known as the ProShares Bitcoin Strategy ETF (BITO), reached $999.473 million in trading volume – with analysts claiming that most of the activity came from retail traders.

πŸ‘‰ Celsius CEO Says Tether Mints USDT For Crypto Assets, $1M Bounty Offered For Info On Reserves

Alex Mashinsky, CEO of crypto lending platform Celsius, has reportedly claimed that Tether mints USDT stablecoins in exchange for cryptocurrency assets, which would violate Tether’s terms and conditions.

Financial research firm Hindenburg Research has offered a reward of up to $1 million for details on the reserves that back circulating USDT, publicly acknowledging that it doubts the company’s legitimacy.

πŸ‘‰ China’s E-Commerce Giant JD Technology Unveils NFT Plans

JD Technology, the tech arm of Chinese e-commerce giant, has unveiled plans to launch free limited-edition non-fungible tokens (NFTs) on its very own NFT blockchain.

The new blockchain has been named “JD Chain” and will enable users to store, verify, circulate and track NFT collections.