Bitcoin has crushed its highest price ever, blasting past $72,000 for the first time in its history today.
The news comes after UK regulators announced they wouldn’t stand in the way of the creation of crypto-backed, exchange-traded notes (cETNs), CNBC reports. ETNs are a type of unsecured debt securities that trade on major exchanges, kind of like a stock.
The value of the mainstream cryptocurrency has risen considerably since the beginning of the year, spurred on by its growing acceptance by regulators around the globe and the fading shadow of the FTX collapse.
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