Gary

Security

Spot

The&nbsp;<a href="https://cryptoticker.io/en/bitcoin-etf-what-are-they-and-why-are-they-important-to-bitcoin-price/" target="_blank" rel="noopener noreferrer nofollow">Bitcoin Spot ETFs</a>&nbsp;have not yet been approved by the US Securities and Exchange Commission.&nbsp;The SEC’s official Twitter account was hacked and an unauthorized tweet was posted.&nbsp;SEC Chief Gary Gensler addressed this on his personal Twitter account and the SEC Twitter account has since deleted the incorrect tweet. <img src="https://cryptoticker-strapi-media.s3.eu-central-1.amazonaws.com/bitcoin_coin_with_etf_text_stone_background_concept_entering_digital_money_fund_etf_bitcoin_concept_Easy_Resize_com_c5d4ab3afb.jpg" alt="Bitcoin ETF">
The Security &amp; Exchange Commission in the USA has apparently approved the Bitcoin Spot ETFs in a tweet.&nbsp;But it was probably a hack&nbsp;.&nbsp;This was stated on SEC Chief Gary Gensler’s Twitter account and the tweet has since been deleted on the SEC Twitter account, confirming that there was an unauthorized tweet.
The <a href="https://twitter.com/SECGov?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">@SECGov</a> 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.
The <a href="https://twitter.com/SECGov?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">@SECGov</a> X account was compromised, and an unauthorized post was posted. The SEC has not approved the listing and trading of spot bitcoin exchange-traded products.
<h2 id="h-how-did-the-bitcoin-price-react">How did the Bitcoin price react?</h2>
The Bitcoin price is currently seeing an explosion to the $48,000 mark within minutes of the announcement of the false approval.&nbsp;In recent days&nbsp;, it has often been predicted that the Bitcoin price would skyrocket if approved.&nbsp;But shortly thereafter, Bitcoin plunged below $46,000 when Gensler conveyed that there had been a hack and the ETFs had not been approved. <img src="https://cryptoticker-strapi-media.s3.eu-central-1.amazonaws.com/Bildschirm_foto_2024_01_09_um_22_29_48_Easy_Resize_com_36252e25a2.jpg" alt="Bitcoin course 1 day">
<h2 id="h-what-s-next-for-bitcoin">What’s next for Bitcoin?</h2>
According to several rumors, trading in the Bitcoin Spot ETFs will start on Thursday, January 11th.&nbsp;Companies could then invest in the products of the various financial service providers that now offer the Bitcoin ETF.&nbsp;But at the moment it is uncertain what impact the hack and thus possible market manipulation will have on the approval process.
For smaller investors, this could be a period in which they should be extremely vigilant about what happens in the next few hours and days.&nbsp;A sharp fall in the price could be the result.&nbsp;However, it is also possible that the SEC will actually approve the Bitcoin Spot ETFs in the next 24 hours.
<h2 id="h-update-11-30-p-m-sec-and-gary-gensler-being-mocked">Update 11:30 p.m: SEC and Gary Gensler being mocked</h2>
After the hack and the publication of the unauthorized tweet, it quickly became clear that the authority had made massive mistakes.&nbsp;SEC boss Gary Gensler and his agency are met with ridicule: <img src="https://cryptoticker-strapi-media.s3.eu-central-1.amazonaws.com/G_Dbn_FAXXEAA_6_BQW_6dc2f4a2c0.jpeg" alt=""> <img src="https://cryptoticker-strapi-media.s3.eu-central-1.amazonaws.com/G_Dbp1_Xag_AAH_0u_O_42d3c14cf1.jpeg" alt="">
Furthermore, the following tweet from the SEC account was quoted again and again:
Careful what you read on the internet. The best source of information about the SEC is the SEC.

SEC Twitter account hacked: Bitcoin Spot ETFs NOT APPROVED for now!

Mục lục

CryptoTicker ENG

Các bài viết khác được xuất bản trên 23 thg 4, 2024

Why is the Bitcoin Price Down? BTC Price might drop below $50,000 if THIS Happens!

Cardano Founder’s RFLXT Launches Game on Gala Games

HeLa Incentivized Testnet Launch Marks a New Innovation for Modular Blockchain Layer 1

8000+ Runes Etch Created on Bitcoin; 1.4M Transactions: Report

Crypto Market Update: Bitcoin Dips Below $40,000…Will Altcoins Follow?

UPS’s Q1 2024 Earnings: $1.41 EPS Beats Expectations, Revenue Miss

Tham gia bản tin miễn phí của chúng tôi để cập nhật tin tức về tiền điện tử hàng ngày!