The price of Bitcoin saw dramatic fluctuations following a security breach on the official Twitter account of the US Securities and Exchange Commission (SEC). A fraudulent tweet was posted at 4:11PM EST on Tuesday, falsely announcing the approval of a spot Bitcoin exchange-traded fund (ETF). The misleading information led to a surge in Bitcoin’s price […]
The price of Bitcoin saw dramatic fluctuations following a security breach on the official Twitter account of the US Securities and Exchange Commission (SEC). A fraudulent tweet was posted at 4:11PM EST on Tuesday, falsely announcing the approval of a spot Bitcoin exchange-traded fund (ETF). This led to a surge in Bitcoin’s price from around […]
The United States Securities and Exchange Commission (SEC) has categorically denied that its staff had any part in the recent “unauthorized” tweet claiming that spot Bitcoin ETFs had been approved. Despite this, there are still some in the crypto community who believe otherwise.On January 9, the official account of the SEC tweeted that it had […]
United States lawyers and senators are urging Congress to initiate an investigation into the Securities and Exchange Commission (SEC) following a reported compromise of its X account. The account falsely announced the approval of spot Bitcoin exchange-traded funds, causing a stir in the market.U.S. Senator Bill Hagerty voiced his concern over the incident, stating that […]
Steven McClurg, the CIO and co-founder of Valkyrie, has expressed his confidence in the approval of a spot Bitcoin ETF on Wednesday. McClurg has been working diligently on this for the past six weeks and is excited about the potential approval. He is 95% confident that the approval will come after the market closes on […]
As the deadline for the United States Securities and Exchange Commission (SEC) to approve or deny the first Spot Bitcoin ETF in the country approaches, various experts have shared their predictions. Among them is former SEC chairman Jay Clayton, who asserts that the approval of the Spot ETF is inevitable.Clayton recently appeared on CNBC’s ‘Squawk […]
In a shocking turn of events, over $218 million in cryptocurrency trades were liquidated in the past 24 hours. This was triggered by a false government announcement stating that Bitcoin spot ETFs had been approved in the U.S. Coinglass reported that over $56 million in Bitcoin trades were liquidated in just the past hour. The […]
The U.S. Securities and Exchange Commission (SEC) has reported a breach of its Twitter/X profile, which was used to disseminate a false message about the approval of a Bitcoin Exchange-Traded Fund (ETF). Gary Gensler, the SEC Chair, confirmed the incident, stating that the SEC’s Twitter account was compromised and an unauthorized tweet was posted. He […]
The Depository Trust and Clearing Corporation (DTCC) has officially listed the Spot Bitcoin ETF tickers from investment management firm, VanEck. The firm’s Spot Bitcoin ETF has appeared on the active and pre-launch list of the DTCC and can be identified by the ticker ‘HODL’. This listing positions VanEck as a significant player in the Spot […]
In a surprising development, the cryptocurrency community was thrown into disarray when the official X account of the US Securities and Exchange Commission (SEC), formerly known as Twitter, seemed to be “compromised”. An unauthorized post claimed that the SEC had simultaneously approved all Bitcoin ETF applications.FAKE POST CLAIMS BITCOIN ETF APPROVALSEC Chair Gary Gensler addressed […]
