Bitcoin Hits 2 Week High During BitMEX Shutdown & Ahead of ProShares ETF - Aug 22nd Crypto News
Today we saw Bitcoin make some positive moves, surging towards $6,800. This is the best day Bitcoin had in around two weeks. The price spike happened during a scheduled shutdown of trading platform BitMEX. The trading platform decided to do this for maintenance purposes.
We are still waiting for the SEC to make a decision on another Bitcoin Exchange Traded Fund. Tomorrow, the SEC will decide on the ProShares Bitcoin ETF.
Now let’s see what else is going on in the crypto world. Binance is supporting the Nuls mainnet token swap. Starting from today, deposits and withdrawals of NULS will be suspended. The Nuls Korea conference will be held on September 11th. The team will be introducing three projects that will be building on the NULS ecosystem. We saw Nuls gain more than 6% over the past 24 hours. Nuls has been on a dramatic downward trend since May 15th. It is in 99th place in terms of marketcap.