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As Crypto Markets Brace For SEC Decision – Here’s Why Bitcoin ETF Token (BTCETF) Could Be The Ultimate Beta Play
10.1.2024
Wednesday, January 10, 2024 – Crypto markets are alive with anticipation for the U.S. Security and Exchange Commission’s long-awaited decision on spot Bitcoin ETFs, and eagle-eyed traders are targeting Bitcoin ETF Token (BTCETF) as the perfect beta play – here’s why. After months...
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...
Ethereum Bounces Back: Surpasses 2-Year Low Against Bitcoin Following Erroneous SEC Announcement
10.1.2024
On Jan. 9, 2024, ethereum’s value relative to bitcoin plummeted to its lowest level since November 2021. Yet, in the past 24 hours, ether has rallied, gaining 3.66% against bitcoin, recovering from this two-year low. Ether Rebounds Strongly in Wake of SEC Misstep On Wednesday, ethereum (ETH)...
Bitcoin ETF Chaos Memorialized on Blockchain, With Nod to 'Chancellors on the Brink' Reference
10.1.2024
Jokester pays $2.97 to record the one-liner "SEC Chairman on the brink of second ETF approval" on the blockchain
SEC Faces Backlash from Crypto Leaders for Erroneous Bitcoin ETF Tweet
10.1.2024
Source: Adobe/Kristina Blokhin The Securities and Exchange Commission (SEC) has found itself in hot water after an unauthorized tweet on its official account suggested that spot Bitcoin exchange-traded funds (ETFs) had been approved. The incident, which caused significant volatility in the crypto...
About 10 Fund Companies Preparing to Launch Spot Crypto ETFs in Hong Kong: HashKey Group
10.1.2024
Source: iStock/Onfokus While 13 Bitcoin spot ETFs await approval from the US SEC, the Chief Operating Officer of HashKey Group, Livio Weng, has revealed that about ten fund companies are currently preparing to launch Virtual Asset Spot Exchange-Traded Funds in Hong Kong. Weng said that seven...
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...
Cybersecurity Risks in the Cryptocurrency Industry
10.1.2024
Source: iStock / JuSun The US Securities and Exchange Commission (SEC) social media account being compromised is concerning. Impersonations and hacks are nothing new in the cryptocurrency space but could the hack have been avoided? After the post, the SEC started an internal market manipulation...
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...
Bitcoin Price Prediction: Dips to $46,000 Amid SEC Security Flaw & ETF Turmoil
10.1.2024
In a market marked by heightened sensitivity to regulatory actions, Bitcoin’s price experienced a notable dip to $46,000, reflecting nearly 1.50% decrease on Wednesday. This latest fluctuation in the world’s premier cryptocurrency comes amid news of a security oversight at the U.S....
Former SEC Official Blasts Spot Bitcoin ETFs as Recipe for ‘Financial Ruin’
10.1.2024
The U.S. Securities and Exchange Commission’s former head of internet enforcement has warned about investing in spot bitcoin exchange-traded funds (ETFs), which the SEC is expected to approve on Wednesday. He cautioned that spot bitcoin applicants are “nothing more than an opportunistic...
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...
Hacker Seized SEC Phone Number to Post Fake Bitcoin ETF Approval, X Says
10.1.2024
The Securities and Exchange Commission (SEC) did not employ basic security measures on its X (formerly Twitter) account when it was "compromised" to spread false bitcoin ETF news, according to the social media company
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 Price Prediction as VanEck Buys $72.5 M in BTC – ETF Decision Within 48 Hours
10.1.2024
As the cryptocurrency world eagerly awaits the U.S. Securities and Exchange Commission’s (SEC) decision on Bitcoin ETFs, the market is abuzz with speculation and activity. Bitcoin price has consistently held strong above the $47,000 mark, drawing strength from the growing optimism surrounding...
Crypto Boosters Attack SEC For 'Manipulating' BTC Market After ETF Tweet
10.1.2024
Lawmakers and crypto boosters are asking questions about how the SEC's X (formerly Twitter) account was compromised, leading to a bogus tweet on Tuesday
Standard Chartered: BTC Could Hit $200K in 2025 With Spot Bitcoin ETF Approval
10.1.2024
Standard Chartered has predicted that the price of bitcoin could rise to $200,000 next year with the approval of spot bitcoin exchange-traded funds (ETFs) by the U.S. Securities and Exchange Commission (SEC). The bank’s analysts described: “We see this as a watershed moment...
Turmoil in Crypto Market — Misleading SEC Post Triggers Significant Bitcoin Volatility
10.1.2024
Bitcoin’s value experienced a turbulent Tuesday, largely due to a rogue post from the U.S. Securities and Exchange Commission’s hijacked X account, mistakenly proclaiming the green light for all spot bitcoin exchange-traded funds (ETFs). False Spot ETF Approval Post Causes Chaos...
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...