1. The renewed optimism for an approved Bitcoin spot ETF has ignited “The Great Accumulation Race” for Bitcoin, with Fidelity, Invesco, WisdomTree, Valkyrie, and BlackRock all applying for a Bitcoin spot ETF with the United States Securities Exchange Commission.
2. Crypto exchange Binance.US has resolved U.S. dollar withdrawal issues after working with its banking partners, though it warns the relief may not last.
3. Atomic Wallet users are left wanting more answers despite the decentralized wallet provider finally releasing a full “event statement” about the June exploit.
4. Lawmakers in the United Kingdom are moving forward with legislation that could help support the adoption of crypto in the country.
5. The U.S. Federal Reserve Board sees payment stablecoins as a form of money, Chair Jerome Powell said, taking a position that runs contrary to that of SEC chairman Gary Gensler.
6. Bitcoin will hit new all-time highs in 2023, and October is the favored month for it, a popular trader said.
7. Prime Trust’s financial condition is “critically deficient,” and the crypto custodian has been unable to honor customer withdrawals since June 21, according to Nevada’s business regulator.
8. An apparent malicious app purporting to be crypto hardware wallet Trezor has been taken off Apple’s App Store.
9. Twitter has suspended the account of the popular memecoin-linked, AI-powered bot “Explain This Bob” after Elon Musk alleged it was a “scam crypto account.”
10. Bitcoin maximalists have started to rationalize the idea of NFTs and tokens on Bitcoin as being inherently better than those on Ethereum.
