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🚨 UPDATE: The SEC delays decision on Bitwise and Coinshares XRP ETF, along with Grayscale and Canary XRP Trust.
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The SEC marked Oct. 8 as its next deadline for the Truth Social Bitcoin and Ethereum ETF. Two more delays, which are routine, were also filed on Monday for the CoinShares Litecoin ETF, CoinShares XRP ETF, and the 21Shares Core XRP ETF, for later in October.
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$BTC BTC/USDT ANALYSIS Bitcoin is consolidating within a falling wedge pattern and is currently trading above the support trendline. The Ichimoku Cloud is acting as a resistance barrier above the wedge. A solid breakout from the pattern would confirm a bullish trend, while a breakdown below the support trendline would invalidate the pattern.
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🚨 LATEST: Goldman Sachs expects the Fed to cut interest rates three times before year-end, as US job market weakens.
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🇺🇸 TODAY: The OCC says community banks can partner with stablecoin companies to drive innovation and offer new products. Comptroller Jonathan Gould says stablecoins offer these institutions new ways to serve their communities' payment needs while the regulator updates supervisory frameworks.
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🚨 NEW: Michael Saylor’s Strategy Inc. will now allow stock sales at lower levels to raise money for buying more Bitcoin and covering expenses,
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