Following Bitcoin ETF Rejection Dash and Ethereum Set New Records

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Following Bitcoin ETF Rejection Dash and Ethereum Set New Records

Postby kreslik.news » Sun Mar 12, 2017 8:38 am


After the US Securities and Exchange Commission (SEC) rejected the Winklevoss twins’ Bitcoin ETF application late on Friday, cryptocurrencies reacted paradoxically with an impressive show of strength.

Despite initial jitters sending it sharply down immediately after the SEC announcement, the price of bitcoin has completely rebounded from the negative news by now, with the price back above $1200. However, the real winners from the move were top alternative cryptocurrencies that greatly benefited from the unleashing of suppressed demand.

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The smart contracts and decentralized apps blockchain, Ethereum, is ... (read more)

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