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At press time, bitcoin is trading for just over $3,800. This is no different from where it was during out last price piece, suggesting that the currency may be settling down for the time being. However, we are witnessing bitcoin as it stands at a 15-month low. While the currency dropped closer to $3,600 earlier […]
The post Bitcoin Price Watch: Hope for a Bitcoin ETF Is Starting to Vanish appeared first on NullTX.
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One day after the U.S. Securities and Exchange Commission (SEC) rejected proposed rule changes for nine bitcoin ETFs, the Commission initiated a review of all related decisions. Three rejection orders made on August 22 are now stayed pending the review by the SEC Chairman and the Commissioners. Also read: Yahoo! Japan Confirms Entrance Into the Crypto […]
The post SEC Wants Second Look at Nine Bitcoin ETFs appeared first on Bitcoin News.
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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! […]
The post SEC Has No Jurisdiction to Look at Bitcoin for ETF Decision, Admits Commissioner appeared first on Bitcoin News.
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