Search
'We Did Not Approve or Endorse Bitcoin': Gary Gensler's Begrudging ETF Statement
10.1.2024
U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler conceded that the regulator's loss in court over rejecting Grayscale's application for a spot bitcoin exchange-traded fund (ETF) left it little recourse but to approve about a dozen such proposals Wednesday
Gary Gensler's Statement on Bitcoin ETF Approvals
10.1.2024
Coinbase Executives Offer Security Support to SEC Following Account Hack
10.1.2024
SEC chair Gary Gensler. Source: A video screenshot, YouTube / SEC Coinbase executives have offered to help the U.S. Securities and Exchange Commission (SEC) following the Monday hack of the federal agency’s account on X. Coinbase offers to assist with “security protocols” “Hey...
Analyst Says Bitcoin Price Crashed Before Gensler’s Tweet: It “Was a Reaction to What was Believed to be Real News”
10.1.2024
Source: Getty Images A new analysis has revealed that the recent Bitcoin price crash was a reaction to what was believed to be genuine news of spot ETFs getting approved, resulting in a classic “sell the news event.” The analysis, conducted by Matteo Greco, research analyst at Fineqia...
SEC confirms Twitter hack, Denies Bitcoin ETF approval
10.1.2024
Gary Gensler, the SEC chairperson, recently confirmed that the SEC Twitter/X account was compromised. The chairperson stated that the US Securities and Exchange Commission has yet to approve any Bitcoin ETF product. While the X/Twitter account was compromised, the unidentified party released...
Two US Senators Ask SEC to Deliver Report to Congress on Breach of X Account
10.1.2024
Source: AdobeStock/ rarrarorro Two United States senators, J.D. Vance and Thom Tillis, have raised concerns about the recent breach of the United States Securities and Exchange Commission’s (SEC) X (formerly Twitter) account. In a letter addressed to SEC Chair Gary Gensler on the same day...
X Confirms US SEC’s Official Account Was Hacked, No Insider Error Detected
10.1.2024
SEC Chair Gary Gensler. Source: screenshot of a YouTube video / Yahoo Finance The official X account of the U.S. Securities and Exchange Commission (SEC) was compromised when it posted the fake spot Bitcoin ETF approval announcement, X has confirmed. SEC’s Account did not Have a 2FA Set Up Upon...
SEC Chair Gary Gensler Issues Crypto Investing Advice — Lawyers See as Prelude to Spot Bitcoin ETF Approval
10.1.2024
U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler has advised investors to be cautious when considering crypto investments. His advice followed a series of warnings he issued the day before regarding the risks of crypto investing. The SEC is expected to green-light multiple spot...
Bitcoin Jumps, Then Dumps to $45K as Fake News About Spot Bitcoin Approval Liquidates $50M
10.1.2024
The immediate price reaction showed that bitcoin's price might be capped if a real approval arrives, one analyst noted
SEC’s Spot Bitcoin ETF Approval Post Unauthorized — Chair Gary Gensler Says SEC’s X Account Was Compromised
10.1.2024
The U.S. Securities and Exchange Commission (SEC)’s X account announced the approval of spot bitcoin exchange-traded funds (ETFs) on Tuesday. However, minutes later, SEC Chairman Gary Gensler claimed that the agency’s social media account was compromised and the post was unauthorized. Some...
Bitcoin Price Prediction as Gary Gensler Says Official SEC Account is ‘Compromised’ – What’s Going On?
9.1.2024
Source: DALL·E The Bitcoin price just saw a sudden pump to new yearly highs near $48,000 after the US SEC’s official X account tweeted that spot Bitcoin ETFs had gained approval, for the BTC only to then drop as much as $3,000 to briefly below $45,000 after SEC Chairman Gary Gensler said that...
SEC Has Not Approved Bitcoin ETFs, but Its Hacked X Account Briefly Said Otherwise
9.1.2024
The U.S. Securities and Exchange Commission (SEC) has not approved any spot bitcoin ETF applications as of Tuesday afternoon, despite a tweet from the regulator's X (formerly Twitter) account saying they had been, the agency's chair said
SEC Chair Gensler Issues Second Warning Ahead of Impending Spot Bitcoin ETF Verdict
9.1.2024
Source: Getty Images The Securities and Exchange Commission (SEC) chairman, Gary Gensler, is stirring feathers in the crypto space with his latest online post. In a tweet on X (formerly Twitter) posted on Tuesday, Gensler advised investors engaging with crypto assets to exercise caution and employ...
Gary Gensler advises crypto investors on fund allocation
9.1.2024
After the submission of applications concerning bitcoin exchange-traded funds, which potentially served as their final request for listing, Gensler communicated with the audience through X (formerly Twitter). Gary Gensler, chairman of the US Securities and Exchange Commission, warned cryptocurrency...
SEC Chair Gary Gensler Issues Crypto Warnings as Spot Bitcoin ETF Decision Looms
9.1.2024
U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler has issued warnings about crypto investing amid soaring anticipation for potential spot bitcoin ETF approvals. The SEC chief stressed that crypto investors “should understand they may be deprived of key info”...
SEC Chair Gary Gensler Issues Twitter Thread Advising Crypto Investors Ahead of Potential Spot Bitcoin ETF Approval
8.1.2024
SEC chair Gary Gensler. Source: A video screenshot, YouTube / SEC The United States Securities and Exchange Commission (SEC) Chairman Gary Gensler has issued a warning for those considering investing in crypto assets ahead of potential Spot Bitcoin ETF approval. A thread ???? Some things to keep...
With Bitcoin ETF Decision Looming, SEC Chair Gensler Says (Again) That Crypto Is Dangerous
8.1.2024
The entire crypto world and much of the U.S. financial sector is anxiously awaiting word from the U.S. Securities and Exchange Commission (SEC) on whether it will approve a spot bitcoin exchange-traded fund (ETF). SEC Chair Gary Gensler has chosen this moment to issue a broad warning about...
Watchdog Group Warns SEC: Reject Spot Bitcoin ETFs or Face ‘Financial Carnage’
6.1.2024
Financial watchdog group Better Markets has called on the U.S. Securities and Exchange Commission (SEC) to reject spot bitcoin exchange-traded funds (ETFs), warning that they “will inflict massive investor harm.” The organization features U.S. Senator Elizabeth Warren’s...
Bitcoin Could Rally to $50K as Gensler Faces Pressure to Approve ETF, Traders Say
4.1.2024
Major tokens solana (SOL), ether (ETH) and Cardano’s ADA started to stabilize early Thursday after dropping more than 10% in the past 24 hours
Matrixport Report Says SEC Unlikely to Approve Spot Bitcoin ETFs in January, Price to Drop Below $40,000
3.1.2024
The crypto financial services platform Matrixport has said it does not see the U.S. Securities and Exchange Commission approving any spot bitcoin exchange-traded fund in January. In its latest report, the crypto platform said it foresees the price of bitcoin dropping “back to...