SEC Delays Bitcoin ETF Approval, UNICEF To Fund Blockchain Startups [Video]
|Here's an overview of what's been going down in the crypto world. The bear market continued to bounce around key consolidation levels over the weekend, and we could expect further drops as we approach the new year.
SEC Delays Bitcoin ETF Decision Making. Again
One of the many reasons we're not seeing a recovery yet could be that the SEC again delayed its decision making on the approval of the first Bitcoin ETF in the U.S. They've pushed the decision deadline to February 27th, 2019 and based on their own rules, they can ft delay their decision-making any longer. That means, the next time we hear from them about a Bitcoin ETF, they're either going to approve or reject it and potentially create a storm in the market with their announcement.
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