SEC Delays Decision for Bitcoin ETF Approval Until September

09 Agosto, 2018, 13:22 | Author: Arnold Perez
  • SEC Delays Decision for Bitcoin ETF Approval Until September

A broad selloff in coins of all sizes reduced the market value of virtual currencies tracked by Coinmarketcap.com to $230 billion, the lowest level since November. Optimists are counting on the wider adoption of cryptocurrencies to keep prices supported, but regulators and many institutional investors have remained wary amid concerns over security and market manipulation.

Bitcoin fell more than 11% to below $6,300 on the news, well off the all-time high of more than $19,000 it achieved in December 2017.

More news: Margot Kidder terminó con su vida, aseguró la policía
More news: Mom tests positive for opiates after eating bagel
More news: Se avecina una tormenta solar: ¿Cuales son las consecuencias?

Bitcoin retreated as much as 7% to $6,393.70 at noon in London, extending its 2018 drop to about 55%, according to Bloomberg composite pricing. Ripple slumped as much as 12 percent, while Ether and Litecoin sank at least 5 percent. All but one of the 100 biggest virtual currencies tracked by Coinmarketcap.com slumped over the past 24 hours. The bitcoin ETF, which was first submitted for review by financial firm VanEck and cryptocurrency firm SolidX in June, would allow investors to buy into the cryptocurrency market without purchasing bitcoins on an exchange. The SEC announced that it would postpone the initial deadline next week on whether to allow the listing of a fund from VanEck Associates and Solid Partners. Goldman Sachs Group Inc.is considering a plan to offer custody for crypto funds, people with knowledge of the matter said.

Chamber of Digital Commerce President Perianne Boring on the outlook for bitcoin and regulation of cryptocurrency.

Recomendado:



Popular

Jack Grealish has been told he will not be leaving Aston Villa
Aston Villa have rejected Tottenham's £25million bid for Jack Grealish and told them he is not for sale. It then became a battle to keep Grealish and it appears that they will be keeping their star man.

Here is when Perseids shower peaks in Oman this month
As meteors enter the earth's atmosphere they leave streaks of light in the sky, which some people call shooting stars. Muscat: The Sultanate is now witnessing the Perseids, which are the most famous meteor showers.

Televisa recibe demanda por sobornos para derechos de transmisión en Rusia 2018
Accionistas dicen que han sufrido perdidas millonarias a raíz de fraudes de Televisa en obtener los derechos y están pidiendo a la corte que les obtenga indemnización y costos legales.

Amid Wildfires, Air Quality in Sacramento Region Continues to Suffer
Elevated levels of ozone and particulate matter may impact people with respiratory problems, cardiac disease, young children and senior citizens.

David Ferrer, eliminado en Toronto
En la jornada de hoy también estaba previsto el estreno de Pablo Carreño , duodécimo favorito, que buscará su sitio en la segunda ronda ante el japonés Yoshihito Nishioka .

Cristiano Ronaldo y la manita indescreta con Georgina Rodríguez
El romance entre Cristiano Ronaldo y Georgina Rodríguez acapara la atención de millones de fanáticos alrededor del mundo. Así que, con permiso de Cristiano Ronaldo , parece que la modelo se ha convertido en un reclamo para la prensa italiana.

Ryanair cancela el viernes conexión Foronda-Colonia por la huelga de pilotos
Sin embargo, y a pesar de estar directamente empleados por Ryanair las condiciones laborales no son las idóneas, aseguran. Además, ha señalado que esta protesta, por parte de los pilotos germanos, la considera "innecesaria e injusta".

Britain 'Ready To Ask' Russia To Extradite Suspects In Skripal Poisonings
At the same time, the news agency reports that Russian Federation "is certain to reject" United Kingdom to provide extradition. Russian Federation refused to extradite the suspects even after Litvinenko died from polonium poisoning in London.

¿Vuelve "Casados con hijos"? Guillermo Francella abrió la puerta al regreso
Junto a su compañero de elenco, brindaron diversas rondas de prensa en donde hablaron del presente y el futuro laboral de ambos. Guillermo Francella está a punto de estrenar Mi obra maestra , la nueva película que protagonizará junto a Luis Brandoni .

Corbyn concerned about Kroenke's takeover of Arsenal
The Supporters Trust described Kroenke's buy-out as "a awful day for Arsenal FC" and now Corbyn has voiced his disapproval. The Arsenal Supporters' Trust issued a strongly worded statement opposing the move.