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Fake Bitcoin ETF Approval Tweet Causes $90M in Liquidations – CoinDesk

Later price changes series of false tweets Approximately $90 million worth of Bitcoin leaked from U.S. Securities and Exchange Commission (SEC) X account (Bitcoin) Long and short positions will be liquidated, exposing the operational risks associated with the industry. hacker Caught SEC's X account On Tuesday, it used that to post its approval of the […]

SEC says X account ‘compromised,’ bitcoin ETFs not approved

After the SEC's X account posted a post announcing the approval of a Bitcoin exchange-traded fund (ETF), the agency clarified It said the X account had been “compromised” and “has not authorized the listing and trading of Spot Bitcoin exchange traded products.” The post came amid widespread expectations that the SEC would soon give the […]

Bitcoin ETF's false start: Hack or fat-fingered SEC intern? – Cointelegraph

The U.S. Securities and Exchange Commission has denied that any of its employees were involved in posting a recent “unauthorized” tweet claiming that the Spot Bitcoin (BTC) exchange-traded fund (ETF) was approved, but the crypto community The Department still believes this is not the case. On January 9, the SEC's official X (formerly Twitter) account […]

SEC Chairman Gary Gensler dealt embarrassing blow in Bitcoin ETF debacle

Check out what's being clicked on FoxBusiness.com Gary Gensler really knows how to wrench defeat from the jaws of victory. Here's what market executives and crypto insiders have to say about the strange events that occurred late Tuesday. The SEC approved a “spot” Bitcoin exchange-traded fund a day earlier than planned, sending a shockwave through […]

SEC says X account was hacked after apparent bitcoin fund approval

A Securities and Exchange Commission (SEC) account on the platform formerly known as Twitter was compromised on Tuesday after it appeared to announce the approval of multiple Bitcoin investment funds, authorities said. . “The @SECGov The SEC's account for X posted a message early Tuesday featuring a photo of SEC Chairman Gary Gensler announcing the […]

SEC duped, X account hacked, Bitcoin ETF not announced

Valkyrie CIO Steven McClurg reacts to companies waiting for spot Bitcoin ETF ruling on 'The Claman Countdown'. The Securities and Exchange Commission has announced that Chairman Gary Gensler's post about X announcing the approval of a Bitcoin ETF was false. The SEC said the update was made just after 4 p.m. ET, when the market […]

Spot Bitcoin ETFs: A week of high stakes and expectations – Cointelegraph

As a Bitcoin (BTC) Exchange Traded Fund (ETF) decision approaches, aspiring crypto businesses, investors, and regulators are taking decisive steps to best prepare for the unknown. Total weekly outflows from various Bitcoin short selling products exceeded $1 million, sending the Crypto Fear & Greed Index into the “Extreme Greed” zone. Furthermore, Standard Chartered predicts that […]

SEC Provides Comments on Latest Bitcoin ETF Filings: Report – Decrypt

The U.S. Securities and Exchange Commission (SEC) has sent comments to prospective candidates. Bitcoin ETF The issuers made the announcement following a series of amended S-1 forms filed by applicants on Monday. Perianne Bowling, founder of the Chamber of Digital Commerce, a blockchain industry association, posted: twitter Some said the move was a “delayed signal,” […]