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Why Bitcoin Prices are Stable, Despite US SEC Ruling

Author Ian CooperPosted on Categories Bitcoin, Business, Cryptocurrency, ETFTags , , , , , , , , Leave a comment on Why Bitcoin Prices are Stable, Despite US SEC Ruling

Despite the US SEC decision to deny nine ETFs, Bitcoin prices are surprisingly stable. It appears bad news has been priced into the coin. We truly expected to see a sizable sell-off, but it never came.  That’s because the U.S. SEC is taking a second look at the recent decision.  In fact, according to Commissioner, … Continue reading “Why Bitcoin Prices are Stable, Despite US SEC Ruling”

Why the US SEC Predictably Denied 9 Bitcoin ETFs

Author Ian CooperPosted on Categories Bitcoin, Business, Cryptocurrency, ETF, News, RegulationsTags , , , , , , , , Leave a comment on Why the US SEC Predictably Denied 9 Bitcoin ETFs

Cryptocurrencies are under pressure thanks to the U.S. SEC denial of nine Bitcoin ETFs. It rejected two ETFs by ProShares that would track Bitcoin future contracts.  It denied five inversed and leveraged ETFs from Direxion.  And it denied one from GraniteShares. The news comes as no surprise The US SEC cited failure to prevent manipulation and … Continue reading “Why the US SEC Predictably Denied 9 Bitcoin ETFs”