BNB pulls ahead of Bitcoin, Kraken cops a lawsuit

Bitcoin (BTC) squeaked a few percentage points higher on Monday to close the session at $37,450 before dipping back to $37,300 this morning. On the payment layer, bitcoin transaction fees have flared up again, having hit a six-month high in the past few days.

Timeline of Bnb, Bitcoin

Sean Ono Lennon, the acclaimed American-British musician and son of Beatles icon John Lennon, revisited the subject of bitcoin on social media platform X, formerly known as Twitter. He poignantly observed, “If you want to understand how valuable bitcoin truly is, look how much our politicians hate it.

Diana Mondino, Argentina's Minister of Foreign Affairs, International Trade, and Worship, has asserted that a recently passed decree legalizing the use of certain currencies in contracts.

In an insightful speculation, renowned financial analyst Anthony Scaramucci suggests that the cash-based Bitcoin Exchange-Traded Fund (ETF) approval could be just around the corner.

The Solana (SOL) price rally continues to be unstoppable with another 17% rally and moving extremely close to $100. As of press time, the SOL price is trading 17.15% up at $97.76 with a market cap of $41.7 billion.

The spot Bitcoin exchange-traded fund (ETF) race is heating up, with issuers making tweaks to finalize the details of their products before the holiday period. BlackRock's latest amendment will see a third-party buyer and seller of Bitcoin for its fund, but the Securities and Exchange Commission may not approve.

El Salvador's Congress has passed a new migration law that allows expedited citizenship to foreigners who donate Bitcoin (CRYPTO: BTC) to the country's social and economic development projects, according to a Reuters report. What Happened: The bill was labeled a “vital interest” of President Nayib Bukele, who has temporarily stepped down from his duties to campaign for the presidential election in 2024.

Despite experiencing a significant drop from its all-time highs, major Bitcoin mining company Marathon Digital has undergone a substantial uptrend in its stock price over the past twelve months.

A new report from Kaiko, a top crypto data provider, reveals a surprising trend to follow post-ETF approval and potential ETF outflows, which might trigger selling pressure on the underlying markets. Despite a significant 10% price decline in the third quarter of this year, Bitcoin has seen a remarkable increase in its liquidity.

The U.S. Securities and Exchange Commission (SEC) has reportedly conducted a series of targeted conference calls with all filers of spot Bitcoin Exchange-Traded Funds (ETFs). Fox Business Network's Senior Correspondent, Charles Gasparino, described these engagements as a “rare” occurrence in regulatory actions.

According to the latest analysis by analyst Crypto World, Bitcoin is showing signs of resilience as it bounces off crucial support levels. While the price is nearing short-term resistance, Ethereum and several other altcoins are also gearing up for potential breakouts. Bitcoin is still within a bullish trend, marked by higher lows and higher highs.