The bitcoin price on Friday posted a modest 0.9 percent surge as it corrected from its ascending channel support level and sought to climb back into bullish territory. Bitcoin Price Charges Back Toward $ 3,500 The bitcoin-to-dollar exchange rate (BTC/USD) established its intraday low at $ 3,371 right at the beginning of the Asian session. The pair consolidated until the European trading hours kicked in, after which it underwent a modest correction. The positive sentiment rippled through the US trading session, during which BTC/USD established an intraday high at $ 3,458. The upside correction appeared despite a shocker from Canada. QuadrigaCX, the region’s
Anne-Elisabeth Falkevik Hagen (68) has been missing since October 31st last year according to the Norwegian Police. Her husband, Tom Hagen, is Norway’s 172 richest person according to Kapital. Serious threats have been made by what appears to be the kidnappers, which is why the police has kept a low profile since they started investigating
The US Securities and Exchange Commission (SEC) has temporarily halted trading in exchange-traded notes (ETN) Bitcoin Tracker One (CXBTF) and Ether Tracker One (CETHF).
With an official release issued September 9, the SEC announced the temporary suspension of exchange-traded notes dubbed Bitcoin Tracker One and Ether Tacker One.
SEC Issues Order of Suspension of Trading in Bitcoin Tracker One (“CXBTF”) and Ether Tracker One (“CETHF”) https://t.co/5z1vEYFBFB
— SEC_News (@SEC_News) September 9, 2018
Bitcoin Tracker One has been traded the Nasdaq Stockholm Exchange ever since 2015 but it wasn’t until August this year they became available for US investors. Bitcoin Tracker One was offered by a parent company of CoinShares Holdings, LTD.
At press time, the father of cryptocurrency is back up to $ 6,700. This is about $ 100 higher than where it was yesterday, and about $ 300 higher than where it’s stood all week.
Bitcoin has allegedly been on the brink of recovery. Following the news that the Securities and Exchange Commission (SEC) had rejected nine separate bitcoin ETF proposals, many thought the currency would react negatively to the news and tank like it usually does. Thankfully, bitcoin was largely unresponsive to the news, and remained in the $ 6,400 range throughout the week, giving many people hope that the market was beginning to mature.
American investors can now invest in bitcoin Exchange Traded Funds (ETF) through an Exchange-Traded Note (ETN) called Bitcoin Tracker One on the Nasdaq Stockholm Exchange in Sweden, per a Bloomberg report.
The product, which started trading in 2015, is currently available to American investors despite being listed and regulated under Swedish law after being listed in U.S. Dollars for the first time on Wednesday, August 15, 2018.