Varinder Singh
Bitcoin ETF News LIVE Updates: The global crypto and stock markets await the U.S. Securities and Exchange Commission’s (SEC) decision on spot Bitcoin ETF today. The final deadline for the SEC to approve or deny ARK 21Shares Bitcoin ETF (ARKB) is today, January 10. Experts anticipate approval of all 11 spot Bitcoin ETFs prospectus at the same time.
Meanwhile, hackers took over the U.S. SEC’s X account and posted fake posts regarding the approval of all Bitcoin ETFs. SEC Chair Gary Gensler revealed immediately the securities agency has not approved the listing and trading of spot bitcoin exchange-traded products. It caused over $140 million in liquidation in a few hours.
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01:37:10 PM IST, 10 January 2024
Bitcoin ETF News LIVE: VanEck’s Gabor Gurbacs Says SEC Post Is An ‘Inside Job’
VanEck and Tether advisor Gabor Gurbacs said it could be an inside job. He assets it may be the only way to stop or delay a Bitcoin ETF by creating an event like this.
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12:33:41 PM IST, 10 January 2024
Bitcoin ETF News LIVE: Approval Came From Inside SEC: Bloomberg Analyst’s Poll
As per a poll on X by Bloomberg senior ETF analyst Eric Balchunas, participants believe the post came from inside the US SEC. Eric Balchunas said “I’m sticking w my initial theory (for now) that it came from inside SEC, a scheduled tweet gone bad..”
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11:36:27 AM IST, 10 January 2024
Bitcoin ETF News LIVE: Ripple CLO Fires Back At SEC’s Own Cybersecurity Rules
Ripple CLO Stuart Alderoty fires back at the SEC and Chair Gensler after X account 2FA blunder. As per its own rule, the SEC should disclose the incident’s nature and scope, and the impact on the market as well as a description of its processes for assessing, identifying, and preventing cybersecurity threats.
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11:21:04 AM IST, 10 January 2024
Bitcoin ETF News LIVE: SEC Chair Gary Gensler: Bitcoin ETF Not Approved Yet
Gary Gensler took to X after fake spot Bitcoin ETF post. He said “The SEC twitter account was compromised, and an unauthorized tweet was posted. The SEC has not approved the listing and trading of spot bitcoin exchange-traded products.”
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11:14:42 AM IST, 10 January 2024
Bitcoin ETF News LIVE: Over $140 Million Liquidated In Hours
The fake SEC’s post regarding the approval of all Bitcoin ETFs caused over $140 million in liquidations in hours. More than $70M longs and $65M shorts were liquidated.
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11:09:33 AM IST, 10 January 2024
Bitcoin ETF News LIVE: X Reveals How US SEC Account Was Hacked
X completes investigation and found the US SEC account was comprised after a hacker gained access to their phone number. Surprisingly, the account did not have two-factor authentication enabled.
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Disclaimer
The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
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