SEC ENDS CRYPTO DRAMA BY GREEN LIGHTING 11 BITCOIN ETF'S

11 Jan

This has been in the pipeline for quite a while but there was still an uncertainty around whether or not the SEC could continue to delay what most feel was inevitable.

The bit that caught my interest though was mentions of Coinbases heavy involvment around helping "to address the SEC's manipulation concerns, Nasdaq and CBOE have created a market surveillance mechanism with Coinbase, the largest U.S. cryptocurrency exchange".

I feel like it further "legitimises" Coinbase as an exchange that previously concerned consumers and the SEC itself might now embrace.

Coinbases price has risen nicely over the year and with its recent pullback it could be interesting to see what happens next. Might be a good entry area if you have done your research and decide to buy.

11 Jan

Nota

Yahoo News Article: finance.yahoo.com/news/explainer-why-us-bitcoin-etf-212205620.html

15 Feb

Nota

Strong 40% rally off the bottom with the recent surge in the Bitcoin price. Still has another 20% in it before being back at all time highs. Keep a close eye on any pullback on Bitcoin if looking to trade COIN.