This week in the crypto world, there have been several interesting developments. Polymarket, a prediction market platform, is gaining popularity. BlackRock’s IBIT, a Bitcoin exchange-traded product (ETP), has hit $1 billion in trading volume. Meta, formerly known as Facebook, is expanding its reach with its subsidiary Llama being adopted by the US military.
Bitcoin miners have set new production records in October, showing the continued growth in the mining sector. Lastly, VanEck has listed the PYTH ETN, a cryptocurrency-based product, on the Deutsche Börse’s Xetra platform, increasing the accessibility and visibility of cryptocurrencies for investors.
These developments highlight the ongoing growth and innovation in the crypto industry.
