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Oct. 1, 2023
Monthly Crypto Roundup: Bitcoin Sentiments, SEC Battles, ETF Launches
By: Eliza Bennet
October 2022 Crypto News Roundup
Bullish Sentiment Rises in Bitcoin Options Market
: An increasing optimistic outlook among traders anticipates Bitcoin reaching the $40,000 and $45,000 marks by December.
Terra's Co-founders Accused of Falsifying Transactions
: Leaked chats reveal potential fraud discussions, as the SEC presses charges against the Terra blockchain co-founders.
Circle Supports Binance in Stablecoin Battle against SEC
: Circle challenges the SEC's labeling of Binance's BUSD stablecoin as a security, claiming it should be exempt from financial transaction regulations.
Bankman-Fried's Lawyer Rejects US Govt's Proposed Jury Questions
: The defense team argues that the proposed jury questions contain bias that could result in an unfair trial for the former CEO of cryptocurrency exchange FTX.
Movement in Ether Connected to FTX Hack Amidst US Ethereum ETF Launch
: Suspicion is aroused as Ether connected to the FTX hack shows signs of movement, alongside the debut of Ethereum-based Exchange-Traded Funds in the U.S.
Bitwise to Launch Ether ETFs While Valkyrie Pauses Ether Futures Purchases
: Bitwise announces Ethereum Strategy ETFs will go live on October 2, while Valkyrie pauses its Ether futures contract purchases.
VanEck to Allocate 10% of Ether ETF Profits to Ethereum Developers
: The global asset manager commits to donating a share of profits for Ethereum core development over the next decade.
Debate on AI Market Saturation Intensifies
: Concerns are raised whether the rapid proliferation of AI-driven tools and solutions is leading to a market saturated beyond its capacity.
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