CryptoNews Weekly | 06 Nov 2021 | Bitget

Content:

1.US lawmakers call on SEC chair Gensler to approve a spot bitcoin ETF. U.S. Representatives Tom Emmer and Darren Soto are calling on the Securities and Exchange Commission and its chair, Gary Gensler, to approve a spot bitcoin exchange-traded fund.

2. SQUID plunges to zero after rising 75,000%. SQUID, the cryptocurrency inspired by Netflix’s international hit TV show “The Squid Game,” plummeted to zero minutes after topping $2,850.

3.Argentine regulators could join the US to approve a Bitcoin Futures product. Matba Rofex, the biggest futures market in Argentina, is seeking a nod from regulators to launch cash-settled Bitcoin futures. If approved, this will be the first regulated Bitcoin futures to be launched in Argentina.

4. Commonwealth Bank will enable crypto trading for 6.5M users. The Commonwealth Bank of Australia (CBA) will launch crypto trading services for 6.5 million users of its CommBank app, making CBA the first Australian bank to support crypto.

5. Bitget’s first King’s Cup Global Invitational (KCGI) ceased registration with 5351 participants for Individual Competition and 67 sign-ups for Team Battle. Kicked off on October 30, 2021, the game is in full swing, with participants competing intensively for a larger share of the grand prize.

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