Archive | bitcoin ETF

Major Crypto Exchanges Collaborate to Create Self-Regulatory Organization

Four major cryptocurrency exchanges are teaming up develop a self-regulatory organization (SRO) that would work cohesively to develop rules, regulations, and to set new regulatory standards for the cryptocurrency and blockchain industry. News of the potential SRO comes several months after the idea was first proposed by Cameron Winklevoss, co-founder of the Gemini exchange. The… […]

Bitcoin Technical Analysis: SEC Testing The Waters With Bitcoin ETNs

Bitcoin ETFs is not yet a yes from the main US regulator, the SEC. However, as things stand, there is Bitcoin Tracker One and though it is tradable via broker’s OTC market, investors can now invest their USDs in Bitcoin. Nevertheless, technical are not that positive and still oscillating inside a descending triangle with triggers… […]

Bitcoin Price Watch: Some Strange Coincidences Between the Currency and Overstock

At press time, bitcoin has fallen back a bit and is now trading for just over $6,300. This is about $200 less than where it stood yesterday. Some strange occurrences are happening in the bitcoin space. For example, one source notices that there’s a strong correlation between bitcoin and Overstock. Rather, Overstock’s stock (mini tongue […]

Bitcoin Price Watch: Currency Briefly Falls Below the $6,000 Mark Before Recovering

At press time, the father of cryptocurrency is trading for just over $6,000. This is about $200 less than where it stood during yesterday’s afternoon hours. The coin is continuing to fall deeper and deeper into red territory, though this price is an improvement over where it stood during the early morning, when it fell […]

Smart Investors Are Digging In

Even though the Bitcoin ETF was shot down last week, we are still moving closer to getting a real ETF in the coming months. While we’re waiting for that to happen, many are now starting to feel like there is no recovery in sight for cryptocurrency markets. Which is also to say the technology behind […]

Winklevoss Twins Continue Moving Forward Despite SEC Bitcoin ETF Decision

Cameron and Tyler Winklevoss are working relentlessly to grow their cryptocurrency exchange Gemini despite the U.S. Securities and Exchange Commission’s (SEC) decision to reject their proposed Bitcoin ETF for the second time in late July. The brothers have taken a few hits in 2018 so far, including dwindling trading volume on their Gemini exchange and… […]

Bitcoin (BTC) Technical Analysis: Bitcoin Soaking Gravity before Hitting $15,000

Regardless of the overall bearish sentiment and the SEC weighing in heavily against Bitcoin, bulls seem to be stable and recovering. It’s up five percent and reducing their weekly losses to eight percent as buyers reject prices below $6,000-the upper limit of our support zone. Considering the past two trends, we still hold a bearish… […]

Bitcoin Price Watch: Currency Stuck in a “Financial Trance”

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 […]

Bitcoin (BTC) Technical Analysis: Why Code is Law and Self Regulating, Not the SEC

First, let’s remember Satoshi’s words:  “We have proposed a system for electronic transactions without relying on trust” Snapping back to reality and lest we forget, cryptocurrencies including Bitcoin, Litecoin and Dogecoin are alternatives to the government backed fiat currencies. It’s peer to peer, digital, not issued from a single source and entirely backed by the… […]

Ethereum Plunged 15% Today to $305, What Will Happen to Alts and Tokens?

The price of Ether, the native cryptocurrency of Ethereum, has fallen by 15 percent in the last 24 hours to $305, as other major cryptocurrencies like EOS fell 13 percent. Tokens have followed the price movement of Ethereum, EOS, Ripple, and other major cryptocurrencies, recording 10 to 20 percent losses against the US dollar. But,… […]

Crypto Price Week in Review: All Major Currencies Fall After SEC Postponement

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 […]

Bitcoin Price Watch: Bitcoin Remains Stagnant, Stubbornly Refuses to Move

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 […]

5 Reasons Why Institutional Investors are Entering Crypto

2018 has been a crazy year for Bitcoin and crypto so far, with its price fluctuating wildly around the psychological price point of $8,000, and not succeeding in maintaining itself on its higher side. Bitcoin has shed as much as 70% from it’s all-time high of nearly $20,000. Industry experts claim that the market is… […]