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Cryptocurrencies Price Prediction: Bitcoin, Cryptos & Binance – American Wrap 24 October

Bitcoin price under threat at $34,000 as BlackRock iShares BTC Trust retracted from DTCC list

Bitcoin (BTC) price’s hard pump over the last several days may be on its last legs. The charge higher seems under threat over Tuesday’s shocking development for BlackRock’s spot Bitcoin fund.
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The crypto market witnessed a spectacular rally in the last 24 hours owing to one key piece of news – BlackRock’s spot Bitcoin ETF listing with the Depository Trust & Clearing Corporation (DTCC). However, as per the latest developments, it seems like the rally may not be able to sustain for long as the listing has been removed on Tuesday from the DTCC website.
BlackRock spot Bitcoin ETF missing from DTCC listing 
Binance, the largest crypto exchange by volume, and its top executives responded to the lawsuit by the US Commodity Futures Trading Commission (CFTC) in a filing on Monday. The commodities regulator sued the exchange, CEO Changpeng "CZ" Zhao, and former Chief Compliance Officer Samuel Lim for legal violations in March.
 
 

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Bitcoin: BTC drops below $68,000 as oversold signal fails to stop sellers
Bitcoin (BTC) extends its correction, falling more than 8% and hitting an intraday low of $67,568 on Friday. Despite oversold technical signals, selling pressure continues to intensify, with persistent Exchange Traded Funds (ETFs) outflows, leveraged liquidations and weakening risk appetite weighing on the Crypto King outlook.