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Cryptocurrency Daily Roundup - Oct. 5


Cryptocurrencies, led by Bitcoin, were mixed Friday, amid any solid positive or negative cues.

Overall cryptocurrency market capitalization was $218.87 billion and the Bitcoin dominance rate was 52.1 percent as of 9.51 am ET on CoinMarketCap.

Here is a wrap of the main news from the cryptocurrency and blockchain space over the past 24 hours.

SEC Sets New Date For Bitcoin ETF Review Due To Multiple Proposal Amendments

The US securities market regulator has set October 26 as the new deadline for its decision for approving a Bitcoin exchange-traded fund. The Securities and Exchange Commission decided to set a new deadline because some amendments were proposed by the Cboe to list GraniteShares Bitcoin ETF. Now, the regulator is seeking comments in support or in opposition to the proposed amendments.

SBI Ripple Asia Launches Blockchain Money Transfer App 'Money Tap'

Japan's SBI Holdings unit SBI Ripple Asia launched a blockchain money transfer application on smartphone, called 'Money Tap'. SBI Ripple Asia was granted permission to launch the app after it completed registration with Japan's Ministry of Finance as a licensed agent for handling electronic payments.

French Bitcoin Startup ACINQ Raises $1.7 Mln For Lightning Network Growth

French Bitcoin technology company ACINQ has raised $1.7 million to fund the accelerated global adoption of the Bitcoin Lightning Network. The latest funding brought in a total funding of $2 million to date for the project.

Air France-KLM Teams With Winding Tree For Blockchain-based Travel Solutions

European airline Air France-KLM announced its partnership with Winding Tree, a blockchain-based open-source travel platform, to develop Blockchain technology in the travel industry, aiming to help flyers and suppliers. Through blockchain, a transparent, secure information storage and transmission technology, Air France-KLM expects to provide a more advantageous travel offer for customers which is more profitable for suppliers, mainly by reducing the number of intermediaries.

Current Prices

As of 9.52 am ET, Bitcoin was up 0.19 percent at $6,548.38 and Ethereum was higher by 0.16 percent at $223.16 on Coinbase.

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