Live crypto news updates: A rare misunderstanding from the US Securities and Exchange Commission (SEC) regarding the long-awaited approval of a Bitcoin exchange-traded fund sent chaos into the cryptocurrency market as the price of BTC saw a typical pump-and-dump curve around the news. It remains to be seen whether the agency will give the green light to Bitcoin ETF deposits on the expected date of January 10, 2024.
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12:11:23 PM EDT, January 10, 2024
Cryptocurrency News Live: More than 90% of Bitcoin holders make profits despite defeat
OG cryptocurrency Bitcoin has had a stellar recovery over the past two months, with BTC prices hitting a 19-month high of $47,900 on Tuesday. Even as Bitcoin retreats to $46,000 levels amid a fake Bitcoin ETF approval announcement, a recent report by Glassnode revealed that over 90% of Bitcoin holders are currently profitable.
12:02:51 PM EDT, January 10, 2024
Cryptocurrency News Live: Bitcoin ETF's impact on BTC price was short-lived
The market volatility caused by the false announcement of the approval of spot Bitcoin ETFs in the US was short-lived. After falling to $45,100 on Tuesday, the price of Bitcoin (BTC) showed signs of recovery in early morning trading on Wednesday, trading just below $46,000.
11:36:36 AM EDT, January 10, 2024
Cryptocurrency News Live: SEC Behind Confusion in Bitcoin ETF Approval, Bloomberg Analyst Says
The Securities and Exchange Commission (SEC) is under fire after its X account was “hacked” to spread false rumors about the approval of Bitcoin exchange-traded funds. Eric Balchunas, a Bloomberg ETF analyst, says the mix-up was the result of SEC negligence.
11:00:21 AM EDT, January 10, 2024
Cryptocurrency News Live: 'Rich Dad Poor Dad' Author Raises Bitcoin's Growth Prospects
“Rich Dad Poor Dad” author Robert Kiyosaki has been extremely bullish on Bitcoin in the wake of the long-awaited immediate approval of a Bitcoin ETF in the US. So much so that he upgraded Bitcoin's growth prospects, suggesting that the OG cryptocurrency is set to hit $150,000.
10:41:37 AM EDT, January 10, 2024
Cryptocurrency News Live: Bitcoin Holds Over $46K Despite Turmoil from Bitcoin ETF Approval News
The price of Bitcoin (BTC) fell to $45,100 after news that the SEC had approved spot Bitcoin ETFs turned out to be a false alarm. However, the OG cryptocurrency recovered some losses, and was last trading above $46,000.
10:04:00 AM EDT, January 10, 2024
Cryptocurrency News Live: Gensler's Response to Bitcoin ETF Approval News Has Been 'Immortalized' in Bitcoin Arrangements
Comments by Securities and Exchange Commission Chairman Gary Gensler that the agency's
09:45:41 AM EDT, January 10, 2024
Cryptocurrency News Live: Former White House Official Calls SEC Chairman Gary Gensler a Liar
Former White House communications director Anthony Scaramucci said SEC Chairman Gary Gensler was lying when he said the agency's X account had been “hacked.” Scaramucci believes an SEC employee shared the news prematurely, which he says reflects “the unfair and dishonest nature of the current SEC leadership system.”
09:22:25 AM EDT, January 10, 2024
Cryptocurrency News Live: Bitcoin ETF Approval Could Lead to Bitcoin Price Collapse, Peter Schiff Warns
Amid the chaos fueled by fake news that the Securities and Exchange Commission has given its blessing to Bitcoin ETFs, prominent Bitcoin critic and gold proponent Peter Schiff has warned investors that Bitcoin prices could fall even after the federal regulator gives approval for discovery of Bitcoin ETFs. On the stock exchange.
08:59:24 AM EDT, January 10, 2024
Live Crypto News: X confirms that SEC account has been hacked
X Platform Safety Team Certain President Gary Gensler's claims that the SEC X account was indeed hacked are based on a preliminary investigation. The hack occurred because an unknown person took control of a phone number linked to an SEC account through a third party.
08:29:35 AM EDT, January 10, 2024
Cryptocurrency News Live: Bitcoin Will Be Approved Twice
In what appears to be a vague statement, MicroStrategy President Michael Saylor said He said Bitcoin will be the only thing that has been approved twice by the US Securities and Exchange Commission. This shows confidence around the final approval of the Bitcoin ETF.
08:27:35 AM EDT, January 10, 2024
Crypto News Live: Senator demands transparency
US Senator Cynthia Lummis He said Fraudulent advertising can manipulate markets. “We need transparency about what happened,” she demanded.
