Bitcoin latest news 2018
Here are some of the latest news and developments in the world of Bitcoin and cryptocurrency in 2018:
January 2018
- Bitcoin's price drops below $10,000 for the first time since November 2017, sparking concerns about a market bubble bursting.
- The Securities and Exchange Commission (SEC) rejects nine cryptocurrency-related ETF proposals, citing concerns about market manipulation and lack of regulation.
February 2018
- Bitcoin's price drops to around $6,000, a 40% decline from its December 2017 peak.
- The South Korean government announces plans to introduce stricter regulations on cryptocurrency trading, including a ban on anonymous accounts and a requirement for exchanges to implement real-name verification.
March 2018
- The SEC charges two companies with fraudulently raising millions of dollars from investors through unregistered ICOs (Initial Coin Offerings).
- The European Union's financial regulator, ESMA, warns investors about the risks of investing in cryptocurrencies and bans the sale of binary options and other financial instruments to retail investors.
April 2018
- The price of Bitcoin stabilizes around $7,000, as the cryptocurrency market begins to recover from its earlier decline.
- The Japanese government announces plans to introduce a new regulatory framework for cryptocurrency exchanges, including stricter requirements for security and anti-money laundering measures.
May 2018
- The price of Bitcoin surges to around $9,000, as the cryptocurrency market experiences a brief rally.
- The US Commodity Futures Trading Commission (CFTC) approves a new futures contract for Bitcoin, allowing institutional investors to trade the cryptocurrency.
June 2018
- The price of Bitcoin drops to around $6,000, as the cryptocurrency market experiences a correction.
- The Chinese government announces plans to ban cryptocurrency trading and initial coin offerings (ICOs) in the country, citing concerns about financial stability and money laundering.
July 2018
- The price of Bitcoin stabilizes around $6,500, as the cryptocurrency market begins to recover from its earlier decline.
- The US Department of Justice announces the arrest of 12 individuals in connection with a $25 million cryptocurrency fraud scheme.
August 2018
- The price of Bitcoin drops to around $6,000, as the cryptocurrency market experiences a correction.
- The SEC approves a new ETF proposal for Bitcoin, allowing investors to trade the cryptocurrency through a traditional stock exchange.
September 2018
- The price of Bitcoin surges to around $7,500, as the cryptocurrency market experiences a brief rally.
- The Japanese government announces plans to introduce a new regulatory framework for cryptocurrency exchanges, including stricter requirements for security and anti-money laundering measures.
October 2018
- The price of Bitcoin drops to around $6,000, as the cryptocurrency market experiences a correction.
- The US Department of Justice announces the arrest of 14 individuals in connection with a $100 million cryptocurrency fraud scheme.
November 2018
- The price of Bitcoin stabilizes around $6,500, as the cryptocurrency market begins to recover from its earlier decline.
- The SEC approves a new ETF proposal for Bitcoin, allowing investors to trade the cryptocurrency through a traditional stock exchange.
December 2018
- The price of Bitcoin drops to around $3,200, as the cryptocurrency market experiences a correction.
- The US Department of Justice announces the arrest of 12 individuals in connection with a $1 billion cryptocurrency fraud scheme.
These are just a few of the many news and developments that took place in the world of Bitcoin and cryptocurrency in 2018. It was a year marked by significant price volatility, regulatory uncertainty, and a growing awareness of the potential risks and benefits of cryptocurrencies.