Winklevoss ETF rejected by SEC leading to Bitcoin decline next day.

2018-7-27 20:45

The news came as investors have been riding a wave of optimism with bitcoin rising almost 40% this month alone.
However, the decision did offer a ray of hope with Commissioner Hester M. Peirce dissenting, arguing that the decision sends a signal that “innovation is unwelcome in our markets.” Read: Winklevoss bitcoin ETF rejected by SEC However, after trading to an intraday low of $7,798.70, bitcoin












BTCUSD, +0.33%










 has regained $8,000, last trading at $8,105.23, down 0.4% since Thursday 5 p.m. Eastern Time on the Kraken exchange.
The Cboe contract for August












XBTQ8, -1.03%










is down 3.6% at $7,960 and the CME Group Inc












CME, +0.05%










 July contract












BTCN8, -5.20%










which expires later Friday, has lost 5.2% at $7,845, while the most-active August contract












BTCQ8, -1.15%










was down 1.6% at $8,120.
In altcoins, Ether












ETHUSD, -1.34%










is down 1.9% at $463.47, Bitcoin Cash












BCHUSD, -0.77%










has lost 2.3%, trading at $803.80, Litecoin












LTCUSD, -1.89%










has shed 3% to $83.30 and Ripple’s XRP coin












XRPUSD, -0.98%










was off 0.9% at 45 cents.
Read: Bitcoin’s rise may bring back bubble calls — but this chart puts it all in perspective





















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bitcoin winklevoss decision etf rejected hester commissioner

bitcoin winklevoss → Ðåçóëüòàòîâ: 53


Ôîòî:

“The US Government Will Never Ban Bitcoin”: Tyler Winklevoss Opposes Ray Dalio

Tyler Winklevoss isn’t buying into speculations that the United States may at some point close its doors against Bitcoin. He made this known in a recent Twitter post, in which he explained that the process of reviewing Bitcoin’s structure as an asset has already been carried out by the authorities set aside for that task. […]

2021-3-29 17:48


Ôîòî:

Winklevoss Twins to Co-Produce Film Adaption of “Bitcoin Billionaires” Book

Tyler and Cameron Winklevoss, co-founders of the crypto exchange Gemini, will be working with content creation company Stampede Ventures to adapt the book “Bitcoin Billionaires” into a movie. “Bitcoin Billionaires” Movie Adaption Portrays Winklevoss Twins’ Redemption Story The news of the partnership was reported by Deadline on Monday (June 8, 2020).

2020-6-10 21:07


Ôîòî:

“Bitcoin Can Surpass Gold” – Winklevoss Twins

It was reported on January 14, 2019, that the Winklevoss Twins have called for better regulations to ensure the success of cryptocurrency. This is in line with their latest marketing campaign for their Gemini exchange with the tagline ‘revolution needs rules’ Bitcoin Can Still Come Out On Top, says Winklevoss Twins Wiklevoss Brothers (Source: Fortune ) The current crypto winter has.

2019-1-15 00:00


Ôîòî:

SEC Declines Winklevoss Brothers Appeal for Bitcoin ETF

In a three-to-one vote on July 26, 2018, the SEC declined an appeal by the Winklevoss Bitcoin Trust to launch the much-awaited Bitcoin ETF. SEC’s ETF Refusal Among other things in the 92 page statement, the SEC said that the Trust was declined because “[the] exchange [must] be designed to prevent fraudulent and manipulative acts and practices and to protect investors.

2018-7-27 11:00


Ôîòî:

Winklevoss Bitcoin ETF Rejection Recap in Tweets: How The Crypto Market Responded

As covered by NewsBTC just a few hours ago, the SEC has just released a 92-page report highlighting major reasons supporting its rejection of the revised proposal of the Winklevoss Bitcoin ETF. The Community Reacts To The News At first glance, many cryptocurrency community members saw this announcement as another bout of rehashed news, misreported by.

2018-7-27 08:00


Ôîòî:

Breaking: Winklevoss Bitcoin (BTC) ETF Gets Rejected Yet Again

It was just announced that the most recent proposal for a Bitcoin ETF from the Winklevoss Twins, the owners and founders of the fittingly named Gemini exchange, was just rejected by the SEC. Old News Rehashed, Or Something Entirely New? At first glance, many saw this as another bout of old news that was reposted […] The post Breaking: Winklevoss Bitcoin (BTC) ETF Gets Rejected Yet Again appeared first on Ethereum World News.

2018-7-27 00:55


Gemini Fills New C-Suite Position in Preparation for Entry of Traditional Investors

Gemini, the digital currency exchange founded by Cameron and Tyler Winklevoss, is making big preparations to improve its platform’s service. As it gears up to serve more professional traders and traditional investors, the New York based crypto exchange just hired a former New York Stock Exchange executive as its chief technology officer.

2018-7-11 16:44