Bitcoin Jumps on News That SEC Will Begin Cracking Down on Crypto Fraud

Written by :

Guest

Published on :

13 April, 2018

Pundits on Fox Business surmised a fall in bitcoin's price Thursday following news that the SEC intended to aggressively go after cryptocurrency fraud.

The near conclusion of tax season may also be helping bolster bitcoin's price according to CNBC.

Bitcoin peaked above $8,000 on Thursday.

"People realized way more tax gains in 2017 than they expected to," says venture capitalist Spencer Bogart, and were forced to sell in the early part of 2018 to cover taxes.

Watch More Below

- Aaron Goldstein, Gambling911.com

Panic at Rio Las Vegas: 17 Tourists Reportedly Trapped in Elevator With No Ventilation

The Rio has seen scattered guest complaints online this year regarding slow elevators, occasional outages, and lengthy check-in waits, though there do not appear to be any specific reports of an elevator becoming stuck.

Sweepstakes Casinos Safe in Oklahoma as Governor Vetoes Ban Bill, Odds Less Favorable in Louisiana

Oklahoma Gov. Kevin Stitt has vetoed SB 1589, a bill targeting sweepstakes casinos on Wednesday.

Federal Court Blocks Arizona From Blocking Prediction Markets

They also paused any prosecution of Kalshi.

Customers Report Outage at FanDuel

The outage appeared to begin around the 9 pm EDT hour during the NBA Playoffs affecting many customers.