Tag Archives: Bitcoin

SEC to Decide Fate of Vaneck Solidx Bitcoin ETF by Late February

The U.S. Securities and Exchange Commission (SEC) has delayed its decision on the Vaneck Solidx bitcoin exchange-traded fund (ETF), which will trade on Cboe BZX Exchange. The SEC has received more than 1,600 comments and will make a decision by February next year. New Decision Date The SEC announced on Thursday that it has designated “a longer period… Read More »

Bitcoin Price Eyes Support at $3,000 as Crypto Market Sets New Yearly Low

Advertisement The bitcoin price on Friday plunged 6.5 percent against the US Dollar, breaking below the flagship cryptocurrency’s previous yearly low at $3,455. The bearish cycle took another turn after the Securities and Exchange Commission (SEC) halted its decision on the VanEck’s upcoming bitcoin ETF once again. The fundamental has been treated as one of the strongest bullish… Read More »

Expert Opinion: Was Bithumb Behind Stability of BTC Prices in Last few Months?

Note: “This analysis is an adaptation from the work of Mati Greenspan, Senior Market Analyst at eToro Bitcoin nosedives to reach newer lows for 2018 Did Bithumb’s volume promotion caused several months of stabilization in prices Bitcoin further meltdown takes it to new support zone. Did Bithumb’s promotional active lead to price stabilization of cryptocurrencies Another day when the bears… Read More »

Ripple’s XRP Closing in to Yearly Lowest: A Temporary Situation?

Since mid November the rigorous digital-coin selling has no stop. Bitcoin BTC/USD broke the important $3,500.00 dragging Ethereum ETH/USD also below $100.00 [ETH/USD per time of writing $85.54 – BTC/USD $3,412.03]. The only gainer in this heavy market plunge is the just debuting [Bitcoin Cash Hard Fork] Bitcoin SV [BSV] which is welcoming an increase of 20.94% only… Read More »

‘Buffett Bet 2.0’ – Investment Fund Puts $1M on Bitcoin to Outperform S&P 500

Asset manager, Morgan Creek Digital, is offering an interesting wager if anyone is willing to take it. It’s willing to bet $1 million, that its Bitcoin-focused Digital Asset Index Fund outperforms the S&P500 over the next ten years. Buffett Bet 2.0 The fund tracks ten major cryptocurrencies, such as Bitcoin, Ethereum, and Litecoin, although the bulk (78%) is… Read More »

Bitcoin Price Analysis: BTC/USD Could Tumble Further Below $3,000

Bitcoin price fell further and declined below the $3,620 support level against the US Dollar. BTC/USD settled below $3,400 and it seems like it could slide further below $3,000. Important Points: Bitcoin price traded further lower below the $3,705 and $3,620 support levels. BTC/USD broke a major declining channel with support at $3,560 on the 2-hours chart. BTC… Read More »

Underdog Bitcoin SV Beats Top Coins after Rising 32.5% in 48 Hours

Advertisement Bitcoin SV on Friday totaled its bullish rally to 32.5 percent while the rest of the crypto market remained red. The highest intraday BSV/USD rate on BitFinex today was noted at 114-fiat. At the same time, Bitcoin SV’s ideological rival Bitcoin Cash continued its crash cycle after dropping another 15% on its real-time 24-hour timeline. Other coins,… Read More »

Bitcoin Can’t Fall To $0 Nor Enter A “Death Spiral” — Mining Rules Deem It So

As BTC capitulated on Thursday evening, falling under a handful of purported key support levels, a number of bearish commentators, including Nouriel “Dr. Doom” Roubini and Bloomberg’s Mike McGlone, doubled down on their sentiment that cryptocurrencies would continue to disintegrate. A number of cynics, who are often berated for their improper insight, pointed to the expected collapse of Bitcoin mining… Read More »

Red Friday: $15 Billion Slide Dumps Crypto Markets to New 16 Month Low

FOMO MomentsCrypto markets plunging perilously low; Bitcoin Cash and EOS collapsing, Bitcoin SV climbing the chart.The slow selloff that has been happening all week has accelerated today as crypto markets crash to their lowest levels of 2018. Over 12% has been dumped resulting in a $15 billion plunge to below $110 billion market capitalization, a new low for… Read More »