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US Securities and Exchange Commission (SEC) officially rejected the second Bitcoin ETF proposal.
BATS Global Markets, a global stock market exchange based in the US, plans to appeal the March 11 decision of the Securities Exchange Commission to turn down the approval of the Winklevoss twins’ bitcoin ETF COIN.
Contrary to the predictions of most analysts, Bitcoin price recovered almost immediately after the disapproval of the Winklevoss twins’ Bitcoin ETF COIN, stabilizing at $1,225.
People’s Bank of China director Zhou Xuedong has released specifics of his thoughts about Bitcoin regulation in the wake of the ETF refusal.
Those who use Bitcoin as a currency should be happy with the decision as removing such a large number of Bitcoin from circulation will make it even less stable.
Following the rejection of the Winklevoss Bitcoin ETF, it is not clear what the fate of the others filing for approval.
The Bitcoin community doesn’t seem to be bothered by the US Security Exchange Commission’s decision to disapprove the Winklevoss twin’s Bitcoin ETF COIN like many analysts expected.
Ahead of the ETF approval announcement, the CryptoCompare CEO taps into what could have played in the financial regulators’ minds.
Bitcoin ETF is an investment tool with Bitcoin as an underlying asset.
Volatility has returned to Bitcoin as the world awaits news of the ETF’s fate, prices reaching a new high of $1350.
The new Bitcoin price prediction from Vinny Lingham, co-founder of Gyft, SiliconCape and CEO of CivicKey.
The market has partially factored in the Winklevoss Bitcoin ETF approval, but what if the decision will be delayed?
The call to raise a bounty for the development of a code that would enable a safe User Activated Soft Fork has raised an issue about a likely lapse in the exchange traded fund arrangement.
An important factor which could play a deciding role in the final March 11 approval of the Winklevoss twins’ Bitcoin ETF COIN is the suggestions and insights of outside counsel, independent consultants and the public.
Nine of the top ten cryptocurrencies have lost at least three percent in the past 24 hours, as the Bitcoin ETF decision looms.
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