Morning Bulletin - 12.09.2024

The UK Government plans to introduce a new bill to define cryptocurrencies as personal property and provide more legal protection to their owners.

Bitcoin spot ETFs in the US closed yesterday's trading day with a loss of $44 million. BlackRock saw no outflows, while ARK Invest sold $54 million. In Ether spot ETFs, volume remained quite low and ETFs ended the day with a loss of $540,000.

At the time of writing, Bitcoin (BTC) is trading at $58,114 and Ethereum (ETH) is trading at $2,361.

The fear and greed index is at the fear level with “37”.

Important developments for the day:

General Crypto Event: TUM Blockchain Conference event will take place.

Horizen (ZEN): ZEN 5.0.4 version will be released.

Polymesh (POLYX): X broadcast will take place where details about AlphaPoint will be discussed.