Bitcoin Whipsawed by False Report Claiming SEC Approval of ETF

Canada News News

Bitcoin Whipsawed by False Report Claiming SEC Approval of ETF
Canada Latest News,Canada Headlines
  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 63%

(Bloomberg) -- After months of declining volatility, Bitcoin traders experienced some of the wildest price swings they’ve seen in a while when a false report...

-- After months of declining volatility, Bitcoin traders experienced some of the wildest price swings they’ve seen in a while when a false report circulated saying that the US had approved a long-awaited exchange-traded fund.Stocks Rise Amid Efforts to Stifle Israel Conflict: Markets Wrap

There are currently more than 10 filings for spot-Bitcoin ETFs, with industry heavyweights like BlackRock and Invesco being part of the race — which has some analysts guessing that the odds for approval may be greater this time around given their participation in the race. Charlie Munger is a fraction as wealthy as Warren Buffett. He'd be worth over $10 billion if he kept all of his Berkshire Hathaway stock.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

YahooFinanceCA /  🏆 47. in CA

Canada Latest News, Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Bitcoin briefly spikes to $30k amid false spot ETF approval rumor, shorts get liquidatedBitcoin briefly spikes to $30k amid false spot ETF approval rumor, shorts get liquidatedCrypto prices surged higher on Monday after a false report circulated that BlackRock’s spot BTC ETF was approved by the SEC.
Read more »

Bitcoin gives up gains after BlackRock denies ETF approval reportBitcoin gives up gains after BlackRock denies ETF approval reportMarket News
Read more »

Bitcoin: Whales accumulate despite stagnating pricesBitcoin: Whales accumulate despite stagnating pricesBitcoin's price stagnates as whales accumulate, and older coins move, highlighting an evolving crypto landscape.
Read more »

Are Uncle Sam’s Bitcoin holdings a cause for FUD?Are Uncle Sam’s Bitcoin holdings a cause for FUD?Although Bitcoin faces increased regulatory scrutiny in the United States, the government currently holds a large amount of Bitcoin.
Read more »

Bitcoin jumps to near $28k as bulls bet on spot ETF approvalBitcoin jumps to near $28k as bulls bet on spot ETF approvalBitcoin is hovering around $28,000 as investors anticipate the Securities and Exchanges Commission’s decision regarding the first-ever spot Bitcoin ETF...
Read more »

ChatGPT believes Bitcoin will hit $30k soon enough, but there’s a catchChatGPT believes Bitcoin will hit $30k soon enough, but there’s a catchChatGPT thinks Bitcoin would reach the $80K-price mark soon enough but its on-chain metrics suggest a bearish trend.
Read more »



Render Time: 2025-02-21 07:31:17