Bitcoin loses most of its gains from July rally as SEC postpones ETF decision
11 August, 2018, 23:53
Yesterday, Bitcoin was comfortably hovering around the $7,000.00 region, a region that seems to suggest investors were playing it cool, in anticipation for something big that could have accelerated the markets.
Bitcoin fell sharply on Wednesday after the U.S. Securities and Exchange Commission (SEC) delayed a decision on a proposed bitcoin exchange-traded fund (ETF), which would have been the first financial product of its kind.
Morehead also noted that current perceptions of a listless Bitcoin market are largely based on perspective and reminded viewers that Bitcoin prices are up "82 percent year-on-year, so it's still doing very, very well".
The SEC has since said it would make final decisions on nine such proposals within the next two months, by September 30.
Adding more on what this meant, Morehead noted that investors often overreact to news, as global traders seek to speculate on how an announcement or decision will affect the price of a crypto asset.
China's economy can withstand tariff war - USA Those new tariffs, totaling US$16b, will be levied against 279 products, including motorcycles, steam turbines and railway cars. The Chinese Commerce Ministry responded to the latest United States tariffs by releasing the list of goods to be targeted.
An SEC decision on VanEck/SolidX is due out September 30. According to Gallancy, the launch of this Trust is now set for early 2019 assuming they get a positive decision. New York Stock Exchange has already partnered with Starbucks and Microsoft to come up with ways of taking cryptocurrency assets mainstream. The reason for this was that the risks associated with high levels of volatility and cryptocurrency needed more time to assess the approval or rejection of the proposed rule change.
The American Securities and Exchange Commission (SEC) is now in the process of deciding whether they want to accept or reject an number of different Exchange Traded Funds (ETFs).
10 Bitcoin ETFs are either to be accepted or rejected.
Unlike the Winklevoss twins that attempted to submit their Bitcoin ETF for the second time, this is already VanEck's third attempt.
"SEC approval would likely unleash a rise in institutional investment, quite possibly triggering a surge in the price of bitcoin and other cryptocurrencies, a notably volatile sector", Sewell said.
The death toll from the Lombok quake has risen dramatically to 347, the government-run news agency Antara has said. Motorcycles parked on the street were seen toppled over, while the walls of other nearby buildings collapsed.
You won't have to worry about one bonking you on the head - most of the meteors in the Perseid shower are far too small for that. Our advice? Bring a rug, a flask of tea (or, you know, whiskey - pick your poison) and some insect repellent, and get gazing.
It has also been reported that the intensity of the flow of water into the dam has also reduced on Saturday morning. As many as 24 reservoirs across the state have been opened because of the heavy downpours and rising water levels.
He had been hoping to make more of an impression on the former Napoli coach Sarri but it now seems that he won't get the chance. AC Milan are expected to complete the loan deal for the Frenchman, in a bid to further bolster their squad options.
ACL tears typically take at least six months to recover from and the track record of being the same player has been mixed. But there are other running backs, such as Ronnie Brown and Edgerrin James, who were never the same after the injury.
And although 2016's outburst saw eager watchers spotting up to 300 shooting stars an hour, 2018 is set to be a landmark year. However, many more photographs will come this weekend when the Perseid meteor shower peaks.
The latter bit was a direct appeal to gamers and Epic Games' partnership with Samsung will not go down with Google . Apple doesn't allow app downloads from anywhere but the official App Store on its mobile devices.
Mr Chamisa wants the court to declare him the victor or call a fresh election, his lawyer told Reuters news agency. The president, the ZANU-PF party and the electoral commission have denied all charges of cheating.
She is terrific in every way". 'We remained friends the whole time that I was married - nothing but friends. I spoke to Bethenny yesterday to say I was going to Coast Rica, in case she wanted to come and get away".
Diablo: Blizzard Working on Multiple Games
Descriptions such as that can apply to just about any Diablo project that Blizzard could conceivably be working on at the moment. The tweet offered a video of Camel sharing some updates on the state of the Diablo franchise.
Samsung Galaxy Watch Preview
Earlier this year, Samsung had unveiled the latest edition of its other flagship Galaxy S9 , priced at Rs 57,900 onwards. Music streaming heavyweight Spotify has just inked a deal with the world's largest smartphone manufacturer Samsung .
Cal Fire Mechanic Killed In Crash On Way To Battle Carr Fire
Two weeks ago, he came to Milligan's home to return items he "borrowed" from the fire department, the volunteer fire chief said. Despite mandatory evacuation orders, Castro stayed behind to protect his Lake Elsinore home from looters, he said.
Ryanair strike hits 55,000 passengers across Europe
It also called on the striking unions to return to negotiations rather than "calling any more unjustified strikes". But some people took to Twitter to complain at how Ryanair handled the debacle after their flights were canceled.
Let’s double down on Turkey sanctions
The drop in the lira has put increasing pressure on Turkish banks, given many companies have borrowed heavily in foreign currency. The White House said he had authorized them under asection of US trade law that allows for tariffs on nationalsecurity grounds.
'Suicidal' mechanic steals plane from Seattle airport
Royal King told The Seattle Times he was photographing a wedding when he saw the low-flying turboprop being chased by two F-15s. Ms Morse said her mother, who lives near the crash site, had said eight minutes later that her whole house shook.
DOOM ETERNAL Full *INSANE* Gameplay Footage | Quakecon 2018
The music seems to take the same heavy and metallic route of the last game, so we'll be looking forward to that soundtrack. Instead, you'll be able to travel to multiple worlds (including never-before-seen ones) on your demon-slaying adventure.
Everton Sign Andre Gomes
In the immortal words of one Larry David: preeeetty... preeeeetty... pretty good. "It's important the club want to fight for something".
Trump vows to double steel and aluminum tariffs on Turkey
High-level meetings in Washington between US and Turkish officials over Brunson ended this week , apparently without a resolution. But Mr Erdogan is famously averse to interest rate rises, and there are fears he may be pressuring the central bank not to act.