Bitcoin Price Spiked 11% in February But Could Tank & Hit New Lows

Bitcoin Price Spiked 11% in February But Could Tank & Hit New Lows

TweetShareThe bitcoin price posted its first monthly gain in February after a dismal seven-month drought. However, technical analysis suggests the original cryptocurrency could crater to new lows because a downtrend appears to be forming.Bitcoin Price Spiked 11% In FebruaryMati Greenspan is a senior market analyst at Tel Aviv-based crypto trading platform eToro. He told Bloomberg…

China to Enforce Regulation for Blockchain Companies in February

China to Enforce Regulation for Blockchain Companies in February

China’s internet regulator, the Cyberspace Administration of China(CAC) in a detailed document outlined a final draft of regulations concerning cryptocurrency and blockchain companies. The rules will come into effect starting February 19, and provide a set of guidelines that blockchain companies are required to follow. According to the CAC’s director: The Regulations on the Management…

As Expected, SEC Delays VanEck Bitcoin ETF Decision Until February 27

As Expected, SEC Delays VanEck Bitcoin ETF Decision Until February 27

Advertisement The Securities and Exchange Commission delayed making a decision on VanEck’s bitcoin ETF (exchange-traded fund) application until February 27, 2019. The postponement was largely expected, as 2018 draws to a close amid the ongoing crypto bear market. “The Commission finds it appropriate to designate a longer period within which to issue an order approving…