Bitcoin price exceeds $4800

On September 1st, top cryptocurrency price exceeded $4800 mark 
01 September 2017   1678

On September 1st, the price of the top cryptocurrency overcame the barrier of $4,800. According to the data provided by coinmarketcap.com, at the time of writing Bitcoin is trading at $4,822.86 and its market capitalization is almost $80 billion.

Bitcoin charts on coinmarketcap.com Bitcoin charts on coinmarketcap.com

Thus, just a few days ago the price of Bitcoin swiftly went up having risen for a short time from $4,300 to $4,600. On Thursday, August 31st, it exceeded $4700.

coinmarketcap.com charts coinmarketcap.com charts

It's also noteworthy, that other popular cryptocurrencies have also grown in the price in the last 24 hours. Thus, Ethereum rose in price to $ 389, Ripple for the first time exceeded the mark of $ 0.25 and Litecoin rose almost to $78 earlier today. On top of that, a confident growth is demonstrated by Dash ($381) and Ethereum Classic ($19.78).

Coinbase to Issue New Statement

As reported, company says it was wrong about SEC approval of acquisitions of Keystone Capital Corp., Venovate Marketplace Inc. and Digital Wealth LLC
18 July 2018   21

Vice President of Communications of Coinbase Rachel Horwitz denied the information that the company received approval from the Securities and Exchange Commission of the United States for a deal to buy brokerage companies. This is reported by Bloomberg.

It is not correct to say that the SEC and FINRA approved Coinbase’s purchase of Keystone because SEC was not involved in the approval process. The SEC’s approval is not required for the change of control application. Coinbase has discussed aspects of its proposed operations, including the acquisition of the Keystone Entity, on an informal basis with several members of SEC staff.
 

Rachel Horwitz

Vice President of Communications, Coinbase

On Monday, a spokesman for Coinbase said that the company received permission from the SEC and the Agency for Regulation of Financial Institutions (FINRA) to purchase Keystone Capital Corp., Venovate Marketplace Inc. and Digital Wealth LLC.

However, despite the refutation from Rachel Horwitz, Coinbase still intends to obtain a license to carry out brokerage activities.