The Securities and Exchange Commission (SEC) in the U.S. has published a request for blockchain support. The agency wishes to outsource the task of running nodes on the BTC, ETH, and XRP blochchains, ostensibly “to support its efforts to monitor risk, improve compliance, and inform commission policy with respect to digital assets.” The Trustnodes news…
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When Mati Greenspan, a noted crypto analyst over at eToro, speaks, people tend to listen to what he has to say. In a recent interview on all things crypto, Mati was asked the very question that no one seems to be able to answer – When will the SEC ever approve an application for a…
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Over the past two years, the SEC has been presented with over a dozen applications for a Bitcoin Exchange-traded Fund (ETF), but it has chosen in each instance to dismiss the bid, since they felt “uncomfortable”. Many of the issues cited are being dealt with today by industry participants and interested institutional players. Two new…
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Yikes! The sky is falling again… or is it? It seems that, every time Bitcoin and its altcoin brethren stumble a bit, the end of the world is near at hand. Yes, BTC dropped from $3,550 to $3,357, a 5.5% fall, in a matter of hours, dragging other token values along with it, as the…
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Mati Greenspan, Senior Market Analyst at FX broker eToro, has provided his daily commentary on traditional and crypto markets for December 6, 2018. Highlights include: Locating BTC’s Support: Bloomberg analysts project bitcoin heading for $1,500. While it’s possible to get that low, BTC has key support levels at $3,000 and $1,800 it would have to…
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Bitcoin enthusiasts breathed a sigh of relief yesterday, as the popular cryptocurrency bounced off $3,650 and rose back over an all-important psychological support level of $4,000. For the greater part of the day, Bitcoin’s price gyrated below the $4,500 watermark, reclaiming a market cap in excess of $70 billion. Bitcoin’s share of the overall coinage…
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