12 Aug Bitcoin [BTC], Ethereum [ETH], Ripple [XRP] Price Analysis for the week August 6-12
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Bitcoin ETF waits just gets a little longer as SEC defers VanEck Solid X ETF Decision. Bitcoin mining company Beijing-based Bitmain Technologies plans to file for an IPO. South Africa Drafts Proposal to Tax Cryptocurrency. Bitcoin Dominance rate scales 50% first time in 2018. People in Turkey dump Lira for bitcoins as economic conditions worsen
Again a week in reading as much awaited a decision on the VanEck Solid X ETF by the SEC got deferred to September 30, 2018. As SEC had previously clarified that it requires a regulated market for bitcoin and the price assurance that the price of the digital asset is not manipulated, the announcement by Intercontinental Exchange offering a federally regulated market for Bitcoin could be an answer to SEC queries. Even though the expected date of the launch of ICE’s new exchange is close to the end of the year, by September 30th SEC may have a clear idea of how things may unravel. Bitman Technologies.the cryptocurrency mining unicorn…
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