Live updates: promos, term changes, new challenges, payouts.
Third-quarter reports show that major US and UK banks increased their stakes in Bitcoin exchange-traded funds (ETF - a fund that is bought on an exchange like a regular stock and holds the asset for you). At 1389 institutions that have already filed reports, investments grew to $5.25 billion from $3.35 billion over the quarter.
Tesla shares closed on Wednesday, November 4, at $385.19, losing $13.31 on the day, while the Dow Jones index gained 3.00% - its strongest session in 19 months. The market is pricing in political risk after the Democrats' victory in Congress.
On October 28, The Depository Trust Company (DTC) - the main US depository, through which clearing of trades on NASDAQ passes - activated the DTCC Tokenization Service. Traditional stocks and bonds can now be converted into tokens on a blockchain and sent to digital wallets while retaining the same ownership rights.
Elon Musk confirmed on SpaceX's quarterly call: the boards of directors of both companies have formed special committees to discuss a merger. The deal could become the largest corporate one in history; Tesla shares in after-hours trading have already risen to $380.29.
