Ethereum Gas Fee Continues to Drop, Now at 0.352 Gwei

On November 19th, as per Bloomberg, the Abu Dhabi Investment Council witnessed a substantial hike in its holdings of a Bitcoin exchange-traded fund (ETF) during the third quarter. This took place just prior to the cryptocurrency bull market transforming into a harsh sell-off. According to a regulatory filing, this institution, which functions autonomously from the sovereign wealth fund Mubadala Investment Co., augmented its holdings in the BlackRock Inc. iShares Bitcoin Trust ETF to nearly 8 million shares by September 30th. The holding, which was disclosed by a subsidiary of ADIC, was appraised at approximately $518 million at that time. Three months earlier, the institution held 2.4 million shares.

November 19th. As per the monitoring of LookOnChain, within just the past three days, BlackRock has made deposits of 12,097 Bitcoins (valued at $1.1 billion) and 172,049 Ether (valued at $533 million) into Coinbase.

November 19th. According to market sources, Trump is going to select the next Federal Reserve Chair prior to Christmas.

On November 19th, according to a report by "koreatimes", sources stated that South Korea's largest portal website Naver is likely to confirm the acquisition plan of Dunamu at the board meeting scheduled for next week. Dunamu is the operator of South Korea's largest cryptocurrency exchange, Upbit. Sources disclosed that Dunamu plans to hold a board meeting on November 26th to finalize the details of the acquisition plan. It is reported that Naver plans to drive a comprehensive stock swap through its fintech subsidiary, Naver Financial, making Dunamu its wholly-owned subsidiary in an effort to expand its business presence in the digital finance field.

On November 19th, as per CoinDesk which cited two individuals with knowledge of the matter, Apex Group, a financial services provider managing over $30 trillion in assets, is going to acquire London-based investment platform Globacap. Globacap holds a U.S.-regulated broker-dealer license. This acquisition will assist Apex in driving regulated fund tokenization projects in the U.S. as institutional investors' interest in blockchain-based real-world assets (RWA) keeps on rising. In March of this year, the UK cryptocurrency exchange Archax had announced the acquisition of Globacap's U.S. division. But, according to a recent report citing sources, the deal did not come to fruition and a new bidder has now appeared. Both Apex and Archax declined to provide comments on the transaction. Representatives of Globacap did not promptly respond to requests for comment.

On November 19th, according to BitcoinTreasuries.NET, Wei-Ming Shao, the vice president of the strategy department, sold 5200 shares of MSTR stock at a price of $200 per share. The transaction amount was $1.04 million.