Bitcoin Account Suspended by Twitter

Twitter has suspended the original account of @Bitcoin which was immediately noticed by such major figures as Charlie Lee and Roger Ver
09 April 2018   964

There are a lot of news every day regarding the cryptocurrency regulations, but Twitter blocking the accounts of major cryptocurrecnies is something new. Twitter was always blocking fake accounts, or the ones impersonating famous figures and those which were trying to steal money from other users by posting fake challenges and airdrops. But on April 8, Twitter has suspended @Bitcoin account, which was supposedly violating Twitter Rules.  

Charlie lee tweet regarding bitcoinCharlie Lee tweet regarding Bitcoin account

The news of suspension did not remain unnoticed by crypto community, and such major figures as Charlie Lee, Roger Ver and others have posted about it on their Twitter profiles. Moreover, the news received a lot of attention among Reddit users.

Roger Ver tweet regarding Bitcoin accountRoger Ver tweet regarding Bitcoin account

Ther opinions of the community towards the news of @Bitcoin account suspension were divided, as some of the users thought that it is good news as the account was for years and years "basically a price bot". Others were unsatisfied stating that Twitter banned @Bitcoin account, but did not bother to suspend thousands of other fraudulent and fake accounts, which certainly violate the Twitter Rules.

Currently the @Bitcoin account name is taken by a new user with around 1600 followers, supposedly not related to cryptocurrency, and the account is private, so there is no possibility to view the tweets.

SEC to Decide on Bitcoin ETF until Feb 27 2019

Despite this news, Bitcoin price hit another bottom - $3400 this time
07 December 2018   97

The US Securities and Exchange Commission (SEC) issued a notice stating that consideration of a decision on an application to start Bitcoin-ETF from VanEck and SolidX with the assistance of CBOE will last until February 27 of next year.

According to the SEC rules, the period for consideration of this decision cannot be extended yet. Thus, the Commission on maximum uses the allotted time, and February 27 will be the final date for the decision on this application.

The Commission finds it appropriate to designate a longer period within which to issue an order approving or disapproving the proposed rule change so that it has sufficient time to consider this proposed rule change.
 

Securities and Exchange Commision

According to representatives of the SEC, to date, the Commision has received more than 1600 comments on this application.

Despite this news, Bitcoin price hit another bottom - $3400 this time.