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At press time, everyone’s favorite cryptocurrency and the world’s largest digital coin by market cap is trading for just under $6,400. While this is slightly higher than where it stood yesterday, bitcoin is still within the same range, and stubbornly refusing to move. While we can be grateful the currency hasn’t fallen any further, it’s … Read more
Bitcoin (BTC) At press time, bitcoin is trading for just over $6,400, a price it managed to secure yesterday afternoon. The currency has been the victim of several price swings over the last few days, which likely stem from the Securities and Exchange Commission’s (SEC’s) announcement that it was postponing its decision regarding the VanEck … Read more
At press time, everybody’s favorite cryptocurrency remains unchanged from yesterday’s price. It was trading for $6,400 and remains at this figure. Earlier this morning, the currency did brush shoulder with $6,300, though quickly recovered within an hour. It also briefly surpassed the $6,500 mark, then quickly retracted. Analysts claim that if bitcoin’s support levels can … Read more
At press time, the largest cryptocurrency by market cap is trading for over $6,400. That’s about $200 higher than where it stood 24 hours ago. Yesterday, we discussed that bitcoin had dropped significantly in reaction to the Security and Exchange Commission (SEC) postponing its decision regarding the bitcoin ETF submitted by VanEck. Up to that … Read more
Gabor Gurbacs, the director of digital assets at VanEck, recently said it remains uncertain whether institutional investors will commit to crypto in 2018, due to the regulatory burden on the asset class. Price Isn’t Reacting to Positive News Since early August, the cryptocurrency sector has seen some of the most positive developments in the industry’s … Read more
At press time, the world’s largest cryptocurrency by market cap is trading for just over $6,200. This is one of the biggest drops in recent weeks – over $900 in just 24 hours. All of bitcoin’s recent gains have been wiped away, and we are right back where we started. The recent bull run is … Read more
The U.S. Securities and Exchange Commission (SEC) has extended the time period it needs to make a decision on the Vaneck Solidx bitcoin ETF based on the proposed rule change filed by Cboe BZX Exchange. Meanwhile, the ETF team has submitted to the SEC key changes addressing all concerns cited as reasons for rejecting Solidx … Read more
A commissioner of the U.S. Securities and Exchange Commission (SEC) has voiced her opinion that the agency overstepped its bounds to reject a bitcoin ETF recently based on the underlying asset, bitcoin. She believes that the role of the SEC is to consider the market for the ETF, not the underlying asset itself. Also read: Yahoo! … Read more
Bitcoin might have a mole, a sympathetic insider at the highest levels of the US financial regulatory apparatus, if recent ecosystem press accounts are to be believed. According to a US Securities and Exchange Commission (SEC) meeting transcript, SEC Chair Jay Clayton has privately expressed deep knowledge of cryptocurrencies, including during a heated exchange with … Read more
At press time, the father of cryptocurrency is up by roughly $20 from yesterday and is now trading for $8,195. Bitcoin has been on the verge of a dramatic comeback over the past few days, and though the currency is “standing still” for the time being, we can be grateful that it had the strength … Read more
