As the cryptocurrency market continues to take a sharp tumble, many cryptocurrency analysts are providing their predictions. Bitcoin (BTC) fell significantly last week, reaching its lowest point in 12 months. Indeed, investors didn’t find that funny as many of them anticipated that the market would be gearing for a rally by now. Generally, most of … Continue reading “Crypto Trader Believes Bitcoin will Bottom at $3,000”
ETF
Blockchain Investor says Bitcoin ETF will Ignite the Next Crypto Rally
The cryptocurrency market reeks of lackluster performance lately, to say the least. To support that fact, data from many cryptocurrency analytical platforms depicts how bad the market has become. However, it appears that the things are normalizing now. Indeed, records from CoinMarketCap suggest that the market has become increasingly resilient and stable. Therefore, the approval … Continue reading “Blockchain Investor says Bitcoin ETF will Ignite the Next Crypto Rally”
Bitcoin Falls to its “Buy Zone” for the Seventh Time
One of the best ways to trade cryptocurrency such as Bitcoin, is by spotting support and resistance points. After all, if your coin continues to test a specific support line, and continues to bounce, it may be a good idea to buy at each test. Bitcoin has now tested its “line in the sand” for … Continue reading “Bitcoin Falls to its “Buy Zone” for the Seventh Time”
Five Key Reasons a Bitcoin ETF May be Near
Exchange-Traded Funds (ETFs) have been one of the biggest question marks for cryptocurrency this year. The Securities Exchange Commission keeps investigating and deliberating. And they continue to turn down proposals. However, as we start waving goodbye to 2018, things may be looking up for a crypto ETF. Why does an ETF matter? For investors, an … Continue reading “Five Key Reasons a Bitcoin ETF May be Near”
Coinbase and BlackRock Join Race for Cryptocurrency ETF
Exchange-Traded Funds (ETF) have been one of the biggest question marks for cryptocurrencies this year. The US SEC continues to investigate and deliberate. And they keep turning proposals down. However, as we start wrapping up 2018, things may be looking up for a crypto ETF. Why does an ETF matter? For investors, an ETF could … Continue reading “Coinbase and BlackRock Join Race for Cryptocurrency ETF”
SEC Commissioner Roisman Reviews Bitcoin ETFs
We may be closer to Bitcoin ETF approval. The US SEC just published a memorandum from its meeting with VanEck and SolidX regarding the proposed Bitcoin exchange-traded-fund (ETF). One Step Closer to ETF Approval? In a recent meeting with the US SEC, SolidX and VanEck emphasized the importance of investor protection and support for public … Continue reading “SEC Commissioner Roisman Reviews Bitcoin ETFs”
“Crypto Mom” Hester Peirce Suggests SEC Embrace Cryptocurrencies
Months ago, SEC Commissioner, Hester Peirce dissented from her colleagues after the US SEC denied several Bitcoin ETFs. Now, she’s further clarifying her position on cryptocurrency, ETFs, and innovation. “Regulators need to hop out of their helicopters and onto the free range,” she says. At a fintech conference in San Francisco, the Commissioner — labeled … Continue reading ““Crypto Mom” Hester Peirce Suggests SEC Embrace Cryptocurrencies”
US SEC Halts Trading in Two Cryptocurrency Products
Apparently, the US SEC doesn’t take weekends off. The agency just suspended trading on two investment products that track cryptocurrencies. Apparently, there’s confusion over whether the products are exchange trading funds (ETFs). Bitcoin Tracker One and Ether Tracker One are halted until at least September 20, 2018 Both products have a promise to track the … Continue reading “US SEC Halts Trading in Two Cryptocurrency Products”
Crypto Investors Should Ignore Volatility and Hold for Five Years
Bitcoin advocate Charlie Shrem says cryptocurrency investors should ignore the volatility. Instead, they should simply adopt a long-term position. According to Shrem: “You’re putting your wealth in these things, and they break. Things happen. The values go down 90%, then the values go up 100%. I always tell people if they want to get into … Continue reading “Crypto Investors Should Ignore Volatility and Hold for Five Years”
NASDAQ could List Cryptocurrencies by 2019
In early August 2018, there were rumors that NASDAQ could launch a joint venture with Gemini to list top cryptocurrencies for trading. Details are not clear yet. But Bitcoin and Ethereum are likely to list on the exchange. In fact, according to Unhashed.com, a NASDAQ source noted: “The conversation around listing coins has centered on … Continue reading “NASDAQ could List Cryptocurrencies by 2019”