SEC Rejects 9 Bitcoin ETFs in 1 Day, Markets Remain Unaffected
As foreseen by yesterday’s article on Crypto Traders Pro, the SEC have indeed rejected the latest round of Bitcoin ETF applications. The Commission made the announcement a day ahead of the deadline, perhaps to second guess the still fragile crypto markets. In...
CBOE Source says ProShares Bitcoin ETF will be Denied
It’s a sign of the times that discussions about the state of Bitcoin and the crypto market more broadly are deemed incomplete without mention of exchange-traded funds (ETFs). Whilst the purists might argue that any such instrument represents a dilution of the...
Venezuela is using Cryptocurrency to try and Save its Economy
Venezuela’s economic woes have dominated headlines for months now. The country’s currency is continuing to crash, with a US dollar now worth around 285,000 bolivar, and experts say inflation could hit 1 million percent this year. This week, President...
NVIDIA Pulls out of Cryptocurrency Mining , Bitmain reaps Rewards
It’s now over eight months since Bitcoin hit it’s all-time high, and the bear market is beginning to take its toll on the broader crypto ecosystem. Nvidia, one of the world’s leading producers of high-end graphics processing units (GPUs), has announced it...
Coinbase CEO, Brian Armstrong compares Crypto Market to 90s Internet Bubble
Coinbase Co-Founder and CEO Brian Armstrong has made some outspoken – and rather sobering – comments regarding the future of Bitcoin and the crypto sector. Armstrong says that despite the hopes of the crypto community, mainstream adoption is still a long...CONNECT WITH CRYPTO TRADERS
