It's been quite the last month for Bitcoin (CRYPTO: BTC). If this sounds like you, here's the good news: It's probably not too late to invest in Bitcoin. At first glance, it might seem like Bitcoin has little room to grow beyond $100,000.
The U.S. Securities and Exchange Commission (SEC) has moved NYSE Arca’s request to list the Bitwise Bitcoin and Ethereum ETF to the next stage by seeking feedback from the industry.
Bitcoin has once again surged past the $100,000 mark, trading at around $100,500 following the release of U.S. Consumer Price Index (CPI) data for November.
The Australian Securities and Investments Commission (ASIC) initiated civil proceedings last year against Bit Trade, which operates the Kraken exchange in Australia, for failing to comply with rules for its margin trading product. ASIC said that Bit Trade failed to determine the right customers for the margin trading product, resulting in losses of more than $5 million.