Bitcoin price dropped just as the SEC unveiled its decision but managed to recover quickly keeping close to $1,200 barrier.
The Securities and Exchange Commission has denied a request to launch the Winklevoss Bitcoin Trust ETF, prompting bitcoin price to fall by 35% within a day.
The news can be a sign that Bitcoin is becoming more mainstream and investors get more interested to invest in the cryptocurrency.
Bitcoin keeps up the speed and has made gains in the new month – analysts says that the value can reach $3,500 level soon.
Bitcoin continues its steady growth and moves from an alternative asset to a mainstream payment form for businesses.
Bitcoin price recovers as Chinese authorities and bitcoin industry push for regulatory alliance.
Denmark’s police have used cryptocurrency transfers as an evidence for the second time in a row, what is likely to prevent bitcoin usage by criminals in the future.
Chinese leading trading platforms have imposed halts on withdrawals resulting in traders flocking to peer-to-peer marketplaces to continue buying and selling bitcoin.
Bitcoin future in the Asian market is arousing speculations after Chinese exchanges suspend Bitcoin withdrawals.
President Donald Trump has recently announced a number of executive orders that aroused global uncertainties and resulted in bitcoin price recovery.
Managers of world’s leading bitcoin exchanges discuss why bitcoin price has been so volatile recently.
Chinese biggest bitcoin exchanges unveiled on Sunday they will impose trading fees, as the government is tightening control over digital currency.