The Securities and Exchange Commission (SEC) finally rejects Bitwise Bitcoin exchange-traded fund (ETF) after numerous delays. The SEC cited the Exchange Act and the inability of Bitwise to demonstrate the capacity to deal with fraud and market manipulation practices. Bitcoin price retreated towards $8,500 but recovery on the news but recovery is underway. Spot rate: […] The post Bitcoin technical analysis: BTC/USD not bothered by BTC ETF’s rejection, all eyes on $9,000 appeared first on Forex Crunch.
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