Mantle - Sponsor Image Mantle - The largest sustainable hub for on-chain finance Friend & Sponsor Learn more
Home,   Read,   Article

BTC Slides Backwards

Crypto markets erased the gains from a volatile past couple days
BTC Slides Backwards
Jack Inabinet Jack Inabinet
Nov 16, 2023 • 1 min read
2
0

Subscribe to Bankless or sign in

Crypto Cools: BlackRock took another major step towards launching a spot ETH ETF, but crypto markets are in decline. The majors pared back yesterday’s gains on the filing, with Ether dipping back below $2k and Bitcoin fighting to hold $36k.

 Coinbase Coinbase (COIN), who was selected as custodian for the BlackRock spot Ether ETF, is also down 1.7% on the day, likely because this news was already largely priced in, given the existence of a similar arrangement between the two firms for BlackRock’s spot BTC ETF.

Citizen-only content

Upgrade to continue reading

  • Support the Bankless Movement
  • Premium Feed: Ad Free & Bonus Content
  • Daily Market Analysis & Research
  • Airdrop Hunter: Guided, Vetted Projects
  • Claimables: Find & Claim Airdrops + more
  • Private Discord w/ David & Ryan
Explore all the benefits Become a Citizen

2
0
Mantle - Sponsor Image
Sponsored Mantle Mantle is pioneering "Blockchain for Banking.”
Jack Inabinet

Written by Jack Inabinet

542 Articles • View all      

Jack Inabinet is a Senior Analyst with a passion for exploring the bleeding edge of crypto and finance. Prior to joining Bankless, Jack worked as an analyst at HAL Real Estate where he conducted market research and financial analysis for commercial apartment development and acquisition activities in the Seattle region. He graduated from the University of Washington’s Michael G. Foster School of Business.

No Responses
Get the Full
Bankless Experience

Get exclusive access to this content, token insights, and airdrop insider access!

Support Crypto-Native Media!

100+ Airdrop Hunter Guides

Exclusive Newsletter Analysis

Daily Token Hub Ratings

Private Discord w/ Bankless team

Exclusive Alpha

Bonus Citizen-Only Episodes

Support Crypto-Native Media!

PLUS $1,117+ of value in Citizen Deals! Your citizenship awaits!

Become a Citizen

Already a citizen? Sign In

Search Bankless