The news of Bitcoin’s highlights of the last few hours

The enthusiasts of the cryptocurrencies you will know that in a matter of hours can occur a turn of 180 degrees, for another hour to spin up again. This phenomenon particularly occurs with Bitcoin, being the criptomoneda with increased range and power of the market. For this reason, we decided to make a articles with the news of Bitcoin’s most prominent on the last day.

Contents

The SEC placed obstacles for ETF Bitcoin

Starting with a story that has a story behind it. As we know the SEC is the institution in charge of regulating the financial projects of the united States. For this reason, they decided to include the of cryptocurrencies under its jurisdiction. However, if you are a reader fervor of the page, you will know that on more than one occasion have delayed the ETF Bitcoin. The point is your rejection, which should take months for your discussion. The news about it is about the resentment actions of the SEC, placing new obstacles, to discuss the ETF. Noting that the applicants have fulfilled all the requirements demanded by the institution.

Twitter as an indicator to predict the price of Bitcoin

In this article, we presented a relationship that has not been previously observed, being between Twitter and Bitcoin. The news of Bitcoin is to associate the feeling of the criptomoneda and trends of the social network. In this way, it is posed to generate an estimator of the price of BTC. It should be noted that only looks to be an estimator and not a predictor, implying that it does not seek accuracy. The approach that is posed is to know the trend and sentiment that suffers the market with respect to BTC.

Bitcoin returns to drop below 8,500

This is probably the most sad of the news of Bitcoin, because that is another contraction. As we have raised since the 24th of September, the price of BTC is not stable. You can observe this behavior with the peaks of spike temporary end in sudden falls. On previous occasions it was held that BTC had managed to overcome her barrier of $8000. However, as can be seen in the news, seems to want to return to that resistance. It should be noted that at the time of writing this article, BTC has a value of $8.098, almost reaching the resistance raised.

Conclusion

For 2 of the 3 news Bitcoin exposed, you can see that lately, Bitcoin has not had the best day. Considering that again they rejected your project, and fell off the prices. The following two tabs change content below. I am a student of economics, interested in innovation and technological development, always faithful to that tomorrow will be a better day.

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