Why Fake Crypto Volume Plague Could Actually Raise Odds of Bitcoin ETF Approval

2019-3-26 23:15

In March 2017, the U. S. Securities and Exchange Commission (SEC) denied the first ever bitcoin exchange-traded fund (ETF) proposal. Since then, many bitcoin ETF applications have been filed by nearly ten companies, and many of them have been rejected by the SEC for similar reasons.

This week, in a presentation to the SEC, Bitwise revealed that the overwhelming majority of the trading volume in the bitcoin exchange market is fake and that a substantially large portion of the global bitcoin volume comes from the United States. Ironically, the fake volume plague in the cryptocurrency exchange market may increase the probability

The post Why Fake Crypto Volume Plague Could Actually Raise Odds of Bitcoin ETF Approval appeared first on CCN

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Источник: ccn.com

bitcoin volume → Результатов: 126


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Here’s Why Colombia Is The Latest South American Country To Hit The Peak In Bitcoin Volume

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2019-2-20 19:52


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Bitcoin Price Touches $4K On Biggest Daily Volume Since May

The Bitcoin price succeeded in holding above $3900 February 20 after a sudden bull run brought the largest trading volumes since May 2018. Bitcoin Volume Sets 9-Month Record Data from Coinmarketcap confirmed the return to form for both price and volume over the past 72 hours, Bitcoin rising around 10 percent February 18 and touching the $4000 mark on Bitstamp yesterday.

2019-2-20 18:00


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Venezuela Imposes Capital Controls on Bitcoin Remittance Amid Record Volume

Venezuela continues to reach new heights in terms of weekly Bitcoin trading volume. Meanwhile, the country’s government has issued new regulations that impose fees on Bitcoin remittance. 2,545 BTC: New Weekly Bitcoin Trading Record According to data from Coin Dance, Venezuelans traded 2,454 BTC via Localbitcoins (the P2P trading platform) for the week ending February 9, 2018.

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