Cryptocurrency news 2018
Here are some of the most significant cryptocurrency news stories from 2018:
January 2018
- Bitcoin's price drops below $10,000 for the first time since November 2017, sparking a wider sell-off in the cryptocurrency market.
- The Securities and Exchange Commission (SEC) rejects nine cryptocurrency ETF proposals, citing concerns over market manipulation and lack of regulation.
February 2018
- South Korea's government announces plans to ban anonymous cryptocurrency trading, requiring users to register with their real names.
- The price of Bitcoin drops below $6,000, its lowest point since November 2017.
March 2018
- The SEC charges two cryptocurrency companies, PlexCorps and REcoin Group Foundation, with fraud and unregistered securities offerings.
- The price of Bitcoin stabilizes around $7,000, but the overall cryptocurrency market remains volatile.
April 2018
- The US Commodity Futures Trading Commission (CFTC) approves a Bitcoin futures contract, allowing institutional investors to bet on the cryptocurrency's price.
- The price of Bitcoin drops below $5,000, its lowest point since October 2017.
May 2018
- The SEC rejects a Bitcoin ETF proposal from VanEck and SolidX, citing concerns over market manipulation and lack of regulation.
- The price of Bitcoin stabilizes around $8,000, but the overall cryptocurrency market remains volatile.
June 2018
- The US Department of Justice charges 12 individuals with fraud and money laundering related to a cryptocurrency scheme.
- The price of Bitcoin drops below $6,000, its lowest point since February 2018.
July 2018
- The SEC charges a cryptocurrency company, BitConnect, with fraud and unregistered securities offerings.
- The price of Bitcoin stabilizes around $6,500, but the overall cryptocurrency market remains volatile.
August 2018
- The price of Bitcoin drops below $6,000, its lowest point since February 2018.
- The SEC approves a Bitcoin ETF proposal from ProShares, allowing institutional investors to bet on the cryptocurrency's price.
September 2018
- The price of Bitcoin stabilizes around $7,000, but the overall cryptocurrency market remains volatile.
- The SEC charges a cryptocurrency company, Veritaseum, with fraud and unregistered securities offerings.
October 2018
- The price of Bitcoin drops below $6,000, its lowest point since February 2018.
- The SEC approves a Bitcoin ETF proposal from Direxion, allowing institutional investors to bet on the cryptocurrency's price.
November 2018
- The price of Bitcoin drops below $5,000, its lowest point since October 2017.
- The SEC charges a cryptocurrency company, BitMEX, with operating an unregistered derivatives exchange.
December 2018
- The price of Bitcoin stabilizes around $3,500, but the overall cryptocurrency market remains volatile.
- The SEC approves a Bitcoin ETF proposal from GraniteShares, allowing institutional investors to bet on the cryptocurrency's price.
These are just a few of the many significant cryptocurrency news stories from 2018. The year was marked by significant price volatility, regulatory uncertainty, and a growing awareness of the potential risks and benefits of cryptocurrencies.