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ANIVERSE Crypto Daily News_Nov 23, 2022💌

Wednesday, November 23, 2022
ANIVERSE Crypto Daily News💌

1. Cathie Wood’s Ark Invest Buys $1.5M in Grayscale Bitcoin Trust Shares
- Cathie Wood’s Ark Investment Management bought 176,945 shares ($1.5 million) in Grayscale’s Bitcoin Trust (GBTC) on Monday as the crypto market slumped to a two-year low.

2. Bitcoin (BTC) regained the $16,000 level, coinciding with the news that Cathie Wood’s Ark Investment Management bought $1.5 million in Grayscale’s Bitcoin Trust (GBTC).
- The largest cryptocurrency by market capitalization was up 2.4% to $16,100 — after hitting a two-year low of $15,480.

3. Ethereum Hints at Return to $2,000 After Reaching Market Floor
- In the last 24 hours, Ethereum has entered its 2022 lower price range, which might become the foundation of a massive bounce.

4. BlockFi puts client loans into forbearance, email shows
- BlockFi has put client funds into forbearance, according to a user email viewed by The Block.

5. Approving a spot crypto ETF is ‘all about political power’
- Perianne Boring,founder and CEO of blockchain advocacy group Chamber of Digital Commerce,said the events surrounding FTX’s collapse may have “emboldened the regulation by enforcement approach” from the U.S. Securities and Exchange Commission and Treasury, with Republican lawmakers likely to focus on oversight using their House majority in the next Congress.

6. Binance CEO Seeking Funds From Middle East Investors for Crypto Recovery Fund: Bloomberg
- Binance plans to start a recovery fund to help projects with strong fundamentals, but suffering from a liquidity crisis.

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