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SEC Rejects Another High-Profile Bitcoin ETF Proposal


Another high-profile proposal for a bitcoin exchange-traded fund (ETF) has been denied by the U.S. Securities and Exchange Commission (SEC). The agency, however, emphasized that the disapproval was not based on whether bitcoin has utility or value as an innovation or an investment. Shares of...

Bitcoin Price Breaks USD 8.5K, Altcoins Signaling Bullish Continuation


After several attempts to clear USD 8,300, bitcoin price finally gained bullish momentum. BTC/USD rallied more than 5% and traded above a few important resistances such as USD 8,300, USD 8,500 and USD 8,550. The price is currently (11:00 UTC) consolidating gains and it could continue to rise...

SEC Might Not Approve Bitcoin ETF For Two Years + 13 More Crypto News


Jay Clayton. Source: Twitter, SEC Crypto Briefs is your daily, bite-sized digest of cryptocurrency and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Regulations news It's "reasonable to assume" that the American regulatory Securities...

Decentralized Exchanges Are Evolving at Last


The humble DEX has come a long way since the days of Etherdelta. While not all of those steps have been forward – such as the enforcement of KYC on IDEX – the scope and quality of decentralized trading platforms has evolved greatly. As an examination of several new and emerging...

Bitcoin Price Gets a Hike; Soars to $8500


Bitcoin gains 4.45% after a day of struggle The next resistance may come at 8759 USD Bitcoin (BTC) seems to have resumed its recovery after a day of sluggish movement. Over the last 24 hours, it rose by 4.45%, and the value against USD has now gone as high as 8,500. All three major price...

IRS Issues New Crypto Tax Guidance After 5 Years – Experts Weigh In


The U.S. Internal Revenue Service (IRS) has issued long-awaited guidance on the tax treatment of cryptocurrencies. It is generally described by the crypto community as a mixed bag since some parts are useful while others have raised many more questions, particularly how cryptocurrencies from hard...

Chinese Bitcoin Miners Migrate North After Wet Season


A China-based crypto news outlet recently published a comprehensive report on the costs associated with building a digital currency mining farm in China. Additionally, the local publication revealed that Chinese miners are starting to migrate north to access cheap thermal power and wind power after...

Over 200 Venezuelan Taxis Discover the Benefits of Bitcoin Cash


A man named Oscar Salas recently spoke about his quest to spread bitcoin cash (BCH) adoption on episode 34 of the Bitcoin Cast show. Salas explained in great detail how he is a passionate BCH supporter and the organizer of the Maracaibo city BCH meetup. Following his interview a few days later...

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