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Today’s Cryptocurrency Headline
“Bitcoin, Ethereum, Bitcoin Cash, Litecoin are now accepted for online payments,” tweeted Adam Aron, CEO of AMC Entertainment Holdings, the largest theater operator in the U.S. “And then there’s Apple Pay, Google Pay, PayPal, which is already 14% of our total online transactions, followed by Dogecoin.” Adam Aron tweeted a poll in September on whether Dogecoin should be accepted as payment. More than 140,000 people voted, and 77% supported Dogecoin. AMC started working with BitPay in October to support Dogecoin as a gift card payment.
BingX’s Bitcoin Chart
The SEC announced its decision not to approve a spot Bitcoin ETF filed by VanEck, an investment manager. SEC Chairman Gary Gensler has repeatedly hinted that he prefers Bitcoin futures ETFs to Bitcoin spot ETFs. So the SEC’s rejection was no surprise. BTC price fell to the $62,000 support level and is now temporarily rebounding. Although BTC has hit all-time highs in recent weeks, at one point it was very close to $70,000. But the data shows that most investors don’t sell and hold on. Many investors are happy to hold Bitcoin.