Winklevoss

One of  Wall Street's jumbo cryptocurrency maniacs noted that the price of Bitcoin could be prepared for a great breakout if it goes forward to hold close to its current level at $7,500.

After U.S regulators rejected the  Winklevoss twins' demand for a Bitcoin Exchange Traded Fund (ETF), the crypto once more shows its resiliency and hardiness, staying above US$8,000.

On Friday, July 27, the U.S Securities and Exchange Commission (SEC) disallowed the Winklevoss Bitcoin ETF leading the Bitcoin price to fall by almost 4 percent.

Hello again, Coin Idol TV News channel broadcasting cryptocurrency and Blockchain news digest on May 11. Today: Tyler Winklevoss explains Bill Gates how to short bitcoin in a Twitter post, former Goldman President predicts the creation of a new global cryptocurrency, the secret behind Facebook management and blockchain division launch.

Bill Gates had claimed on a talk program arranged by CNBC that he would bet against bitcoin if he could. The co-founder of a crypto exchange, Tyler Winklevoss, responded to that statement on Twitter, explaining what Microsoft’s co-founder could do to short bitcoin.

The U.S Securities and Exchange Commission (SEC) have denied the proposal made by the Winklevoss twins, which would have created the first Bitcoin exchange-traded fund.