This Report will provide you with some important and quick news of cryptocurrencies that happened around the world.

1. Anthony Pompliano Renames Shiba Inu ‘Dog Poo Poo’ Following A Massive Price Increase

Shiba Inu (SHIB) has been dubbed ‘dog poo poo’ by Anthony Pompliano in a scathing assault on the meme coin. The doge coins price has soared by 85,588,226 percent this year, but Pompliano remains unconvinced. The outspoken entrepreneur revealed on October 28th’s ‘The Best Business Show’ podcast that he would not be investing in the currency…[continue reading]

2. The Australian Securities And Investments Commission Approves Bitcoin And Ether Spot ETFs

The Australian Securities and Investments Commission (ASIC) has approved the world’s first spot Bitcoin ($BTC) and Ether ($ETH) exchange-traded funds (ETFs). The two exchange-traded funds will be listed on the Australian Securities Exchange (ASX). Following months of debate among regulators, ASIC produced a set of rules for Exchange Traded Products (ETPs)…[continue reading]

3. MicroStrategy Added 9,000 Bitcoins Last Quarter, Bringing Its Total Holdings To $7 Billion

MicroStrategy possessed 114,042 bitcoins as of Sept. 30 at an average purchase price of $27,713. MicroStrategy added about 9,000 Bitcoin to its holdings in Q3, valuing the company’s total BTC holdings at approximately $7 billion…[continue reading]

4. Facebook Rebrands As Meta As Its Emphasis Shifts Away From Social Networking

Mark Zuckerberg, CEO of Facebook, stated Thursday that the company’s name has been changed to “Meta” after his presentation of his metaverse vision earlier today. The name change underlines Facebook’s expanding goals outside online social networking, a technology it helped pioneer two decades ago…[continue reading]

5. Banking Authorities In The United States Are Creating Standards For Institutional Involvement In Crypto

The Securities and Exchange Commission (SEC) of the United States has stayed mostly silent on cryptocurrency regulation so far. However, the country’s financial authorities are allegedly working on establishing a more defined approach for institutions interested in dealing with cryptocurrency. This is being done in an attempt to maintain control over the fast-rising asset class before it spirals out of control and truly enters the mainstream…[continue reading]

6. Taproot, Bitcoin’s Next Major Improvement, Could Already Be Priced In

The update, scheduled for Nov. 16, has highlighted some investors’ concerns about the Bitcoin network’s capacity to adapt and grow – specifically, that its first-mover advantage may be diminishing. When the Bitcoin network received a significant update in July 2017, the cryptocurrency’s price increased over 50% until Aug. 23, when the modifications became live…[continue reading]