Coinbase CEO Brian Armstrong tried to calm fears as users flooded social media, blaming the crash on a "large surge in traffic" as Bitcoin blew past $60K.
Bitcoin is on a roll as prior investors return to the crypto, while a new crop piles into the asset via spot ETFs recently approved by the Securities and Exchange Commission.
ANALYSIS-US SEC expected to drag its feet on new wave of crypto ETFs devdiscourse.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from devdiscourse.com Daily Mail and Mail on Sunday newspapers.
Buoyed by the successful launch of
U.S. bitcoin exchange-traded funds , asset managers are
lining up to list a second wave of more complex crypto products,
setting the stage for another tussle with.
Buoyed by the successful launch of U.S. bitcoin exchange-traded funds (ETFs), asset managers are lining up to list a second wave of more complex crypto products, setting the stage for another tussle with the U.S. securities regulator. The Securities and Exchange Commission (SEC) rejected spot bitcoin ETFs