Bitcoin Price Watch: Currency at $8,172

The price of bitcoin has fallen a bit at press time, with the father of crypto trading in the high $8,100 range. This is a small step back from yesterday’s price of $8,205, and probably nothing to be too concerned about. The $8,000 level has proven to be a comfortable spot for bitcoin as of … Read more

Major Bitcoin ETF Rejected by SEC: One Commissioner Disagrees Publicly

Thursday, July 26 might go down as a severe setback for the prospect of bitcoin exchange-traded funds (ETFs). For the second time, the same major trust applying for bitcoin ETF approval was rejected by the United States Securities and Exchange Commission (SEC). SEC Release No. 34-83723, File No. SR-BatsBZX-2016-30 formally denied the Winklevoss Bitcoin Trust … Read more

Bitcoin Price Watch: Currency Falls to $6,300

At press time, the father of crypto has fallen back down to $6,300, about $400 less than where it has stood for the past few days. Bitcoin recently reached $6,700 – a milestone according to most analysts, who suggested that the currency had broken longstanding resistance and that $7,000 was likely inevitable. Sadly, this doesn’t … Read more