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 […]

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Bitcoin ETF: Firms Team, Reapply, $200,000 Price Targets Wall Street Institutions

Bitcoin ETF: Firms Team, Reapply, $200,000 Price Targets Wall Street InstitutionsVan Eck and Solid X have teamed, after both failed previously to gain formal regulatory approval for their respective bitcoin core (BTC) exchange traded fund (ETF) proposals, reapplying to the US Securities and Exchange Commission (SEC) today. They’re proposing a physically backed bitcoin ETF, the Van Eck Solid X Bitcoin Trust, and it just might […]

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Letter from SEC Reveals Outlook Not Good for US-based Bitcoin ETFs

Letter from SEC Reveals Outlook Not Good for US-based Bitcoin ETFsThe US Securities and Exchange Commission (SEC) has issued a letter to two Washington DC firms seeking guidance on bitcoin exchange-traded funds (ETF) applications, of which a dozen are pending. In it, the regulator openly worries about cryptocurrency volatility and whether future potential listings have done enough to protect investors. The letter is widely believed […]

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