The Decision That Could Change Everything For XRP Investors
Crypto pundit ChartNerd has revealed that the XRP price is currently at a critical support, where the altcoin is set to decide its potential next move. The pundit urged XRP investors to remain patient as they await economic headwinds that could impact the price action. Pundit Points Out Level XRP Investors Should Keep An Eye […]
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The US Securities and Exchange Commission's decision on the much-anticipated bitcoin exchange-traded fund (ETF) is expected by Friday, according to a source with knowledge of the agency’s deliberations. The SEC has an 11th March deadline to make a decision regarding the proposed rule change that would clear the way for the ETF, which would be the first of its kind. Yet because the 11th falls on a Saturday, that decision will come before that date – potentially before Friday, the source said. The decision, regardless of the outcome, will cap a more than three-year period since investors....
The U.S. Securities and Exchange Commission (SEC) today issued an order disapproving the proposed rule change to list and trade Coin ETF on the Bats BZX Exchange. This is the first Bitcoin ETF which the SEC has ruled on. Two other Bitcoin ETFs are also being considered by the Commission. The Decision. The SEC has just published an “Order Disapproving a....
Bitcoin prices saw a significant price spike this morning, briefly shooting above $1,300 to hit a new all-time high. Markets peaked at an average of $1,325.81, according to the CoinDesk Bitcoin Price Index (BPI), before falling sharply back below that level to hit a daily low of $1,178.54 – a change of roughly $133 within minutes. The price drop appears to have been seen most directly on digital currency exchange Bitfinex, reaching a low of $1,067.20, according to BFXData.com At press time, the price is an average of $1,263.98, BPI data shows. The price developments come as the US....
Probably the most discussed topic in the Bitcoin community in the last few weeks has been the upcoming decision of the U.S. Securities and Exchange Commission (SEC) on whether or not it will approve the first publicly traded bitcoin exchange-traded fund (ETF).The decision, which would have a potentially profound impact on the price of bitcoin, is expected to be announced on Friday as the SEC’s internal deadline (March 11) for the decision falls on a Saturday. The SEC has to decide whether it will allow the Winklevoss Bitcoin Trust (WBT) to list on the Bats BZX Exchange with the ticker....
It’s a looming decision that has sparked global headlines, turned the heads of financial analysts and kept the bitcoin world on the edge of its proverbial seat. This refers, of course, to the bitcoin exchange-traded fund (ETF) proposed by investors Cameron and Tyler Winklevoss. That ETF – first proposed in mid-2013 and subject to a range of public comments and exchange switches – is effectively waiting in the wings for a decision by the US Securities and Exchange Commission, which is weighing a rule change proposal that would clear its passage. While most in the digital currency space....