SEC

The Bitcoin (BTC) price rallied 11% on Thursday, November 29, to over $4,250, setting it on course for its largest daily increase since mid-April 2018, as it forced itself out of the recent breakdown. The global's largest and popular crypto hit a daily high of $4,296. Other major cryptos also surged. BTC has lost over 1/3 of its value in the past 15 days amidst high selling affliction.

The Thailand Securities and Exchange Commission (SEC), a financial watchdog, has issued a warning concerning 14 websites. The Thai SEC revealed that people behind the 14 websites have for long been advertising precious investment opportunities via these web pages.

With the Bear market facing the crypto industry, several investors are asking themselves the crucial question of whether Ripple (XRP) is a security or not. The magnitude of the bear market could even increase more and more if SEC makes a decision on whether or not the second largest digital currency is regarded a security.

The globe's first cryptocurrency exchange-traded product (ETP) will begin trading this week on a Swiss Exchange. It's Europe's fourth-biggest exchange with a market capitalisation of around $1.6 trillion.

Bitcoin (BTC), the flagship cryptocurrency in the world, started a new cycle on its 10th birthday. Bitcoin was officially released on Friday, October 31, 2008. Let's first see how the BTC/USD 4H chart below stands and ascertain how BTC ended its correction on Wednesday, October 31, 2018, and how it started its next cycle. BTC finished its correction in 2014 the same way it happened at the end of last month, by first going above the triangle and thereafter correction above it.

Lawyer Jake Chervinsky tweeted about the recent rejection of nine Bitcoin (BTC) ETFs by the US SEC and said it would probably be done next month. Ran NeuNer earlier falsely revealed that the authority was to call BTC ETFs by Mon Nov 5, 2018.

Notwithstanding that the most recent round of Bitcoin (BTC) ETF denials by the US SEC are absolutely an obstruction, once launched, crypto ETFs will essentially change the game for digital currency.

The month of September has been a really cold period for digital currency. As each fresh month passes, speculation of the next bull run follows, though it appears that at this time, positivity is at an all-time low. September promised to create riches, with the US SEC Bitcoin ETF deadline approaching and other large projects coming forward, the majority hoped to see some significant progress this month.

A wide range of institutional investors has recently shown interest in the rapidly developing blockchain area. However, the fintech has suffered a great variety of blows in the form of Bitcoin ETF application rejections from the U.S. SEC.