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Bitcoin jumps 10% to $30k amid ETF launch whispers


Bitcoin recently experienced a much-awaited 10% surge to hit $30,000 on Monday. The hike emerged amid the increasing whispers surrounding a BTC ETF. This development demonstrated how the ETF can change the crypto industry’s outlook. Most crypto traders were stunned by an erroneous report suggesting...

SEC's Surrender: Bitcoin ETF on the Horizon, Experts Predict


The Securities and Exchange Commission (SEC) has seemingly conceded its battle against a Bitcoin (BTC) exchange-traded fund (ETF) as the deadline for an appeal passed on Friday.  With the agency's inability to appeal a key court ruling, many now predict that a Bitcoin ETF will soon make its way...

Bitcoin Breaks Through $28,000 As Traders Digest Fake ETF Approval


BTC/USD Chart / Source: CoinDesk Bitcoin prices rallied recently, breaking through the $28,000 as the cryptocurrency experienced some notable gains.  The world's most prominent digital currency climbed to an intraday high of nearly $28,600 around 6 p.m. EST yesterday, according to CoinDesk data. ...

Wipe Out — Fake SEC Approval Report Erases $71M in Bitcoin Short Positions


In the wake of fabricated news asserting the U.S. Securities and Exchange Commission (SEC) green-lit Blackrock’s Ishares spot bitcoin exchange-traded fund, short positions worth $78.92 million were cleared out. This sum represented 57% of the overall $136.29 million in short positions erased...

Analysts tentatively schedule spot Bitcoin ETF approval


Bloomberg analysts have said that there is a 90% chance for the Spot Bitcoin ETF to receive approval by January 10, 2024. ETF is an acronym for Exchange Traded Fund, and the statement is based on the updates from 21Shares and ARK. Reportedly, it is their application for the same product that...

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