eToro
By eToro
88 views

Daily Cryptocurrency Tracker 16.8.18: Slight losses in crypto markets

Despite starting the session in gains, the crypto market registered overall losses over the past 24 hours, as 8 of the top 10 cryptos were seen lower at the time of writing. Bitcoin started the session higher, climbing as high as $6,500 before reverting back to losses, trading above the $6,300. Ethereum managed to stay afloat, registering small gains this morning.

CBOE wants to be the first to launch Bitcoin ETF

Cboe Global Markets, which owns the Chicago Board Options Exchange (CBOE), the largest options exchange in the world, is attempting to become the first to list a Bitcoin-based Exchange-Traded Fund. The company has filed with the SEC to approve the ETF, hoping to become the first major financial marketplace to launch such an instrument. While the SEC has previously rejected or delayed all applications for a Bitcoin ETF, Cboe President and COO Chris Concannon has said his company is “chipping away at the issue,” trying to make the SEC less concerned about the ETF.

Highly volatile investment product. This is not investment advice. Your capital is at risk.

Ethereum Classic leaps 15%

Currently ranked 11th by market cap, Ethereum Classic went against the trend, climbing more than 15% over the past 24 hours. Despite recent gains, Ethereum Classic is still down for the week overall, registering losses of more than 8% over the past 7 days.

Highly volatile investment product. This is not investment advice. Your capital is at risk.

88 views