News from yesterday about a different company, but very significant for the crypto market, and has a close relation to this topic:
"In June, an asset management firm sued the regulator for refusing to convert their flagship trust. The firm submitted a corresponding application back in October 2021.
In late August, the court granted Grayscale's application and ordered the Commission to reconsider the decision.
The new document reiterates the appellate court's ruling. According to the ruling, the management company proved that the proposed spot ETF is similar to the already approved bitcoin futures exchange-traded funds.
Earlier it became known that the SEC does not intend to appeal the court's decision in the case against Grayscale.""
What can be said: SEC, having "accelerated" in its rigid demands, stumbled sharply and reduced its "malicious activity". The only question is - for how long? Is it a realization and acceptance of the crypto market or just a "regrouping" before a new attack on the crypto market?
Topic: SEC approves BlackRock's spot bitcoin ETF (FAKE!) (Read 330 times)
Very interesting news, in the aspect of this topic:
BlackRock's Spot Bitcoin ETF has been listed on DTCC with the ticker IBTC
BlackRock's Spot Bitcoin ETF has been listed on DTCC with the ticker IBTC
EDIT: and its back
IBTC 46438F101 ISHARES BITCOIN TR SHS 2869 D N
Very interesting news, in the aspect of this topic:
BlackRock's Spot Bitcoin ETF has been listed on DTCC with the ticker IBTC
BlackRock's iShares Spot Bitcoin ETF (ETF) offering has been listed on The Depository Trust & Clearing Corporation (DTCC), a provider of post-trade clearing, settlement, custody and information services. The move hints that the fund may be approved by the U.S. Securities and Exchange Commission (SEC).
Bloomberg ETF analyst Eric Balchunas noted on social media that the DTCC listing is part of the ETF launch process. The iShares spot Bitcoin ETF will trade under the ticker IBTC if it is listed on the Nasdaq exchange, where it applied to list and trade in June.
Balchunas noted that IBTC is the first spot bitcoin ETF listed on the DTCC, and added that "it is notable that BlackRock is leading the logistics (seeding, ticker, Dtcc) work that typically happens just prior to launch." He said it's hard "not to see this as a signal that approval is certain/imminent."
Balchunas suggested that the SEC may have already given the go-ahead for BlackRock to launch a spot ETF, or that the company is operating under the assumption that it will receive such approval. The deadline for regulators to approve or reject the ETF expires Jan. 10.
BlackRock's Spot Bitcoin ETF has been listed on DTCC with the ticker IBTC
BlackRock's iShares Spot Bitcoin ETF (ETF) offering has been listed on The Depository Trust & Clearing Corporation (DTCC), a provider of post-trade clearing, settlement, custody and information services. The move hints that the fund may be approved by the U.S. Securities and Exchange Commission (SEC).
Bloomberg ETF analyst Eric Balchunas noted on social media that the DTCC listing is part of the ETF launch process. The iShares spot Bitcoin ETF will trade under the ticker IBTC if it is listed on the Nasdaq exchange, where it applied to list and trade in June.
Balchunas noted that IBTC is the first spot bitcoin ETF listed on the DTCC, and added that "it is notable that BlackRock is leading the logistics (seeding, ticker, Dtcc) work that typically happens just prior to launch." He said it's hard "not to see this as a signal that approval is certain/imminent."
Balchunas suggested that the SEC may have already given the go-ahead for BlackRock to launch a spot ETF, or that the company is operating under the assumption that it will receive such approval. The deadline for regulators to approve or reject the ETF expires Jan. 10.
OP can you edit your first post. and put into topic [fake] or [error] or [misleading] or something..
to clarify your topic is not actually about SEC approving a ETF
I agree I just looked and was fooled into thinking the changed their mind.to clarify your topic is not actually about SEC approving a ETF
Please correct it like franky1 has asked.
both his way or my way work.
Re: [misleading ] SEC approves BlackRock's spot bitcoin ETF = franky1
Re: [misleading not true] SEC approves BlackRock's spot bitcoin ETF = philipma1957
Hi all ! Thanks for the recommendation - the topic of the topical has been changed to: "SEC approves BlackRock's spot bitcoin ETF (FAKE!)"
...but hopefully I'll be forced to withdraw this post soon, due to real changes in the crypto market and the "SEC vs BlackRock" story
Well, Cointelegraph lost a lot of credibility with this "fake" news that were posted online. The SEC said, they will post something on their official communication channels, if there are something that needs to be reported. 
The Bitcoin price climbed a little bit and now it recovered and someone made a little bit of profit.... and everything is back to normal. The lesson that we should take away from this ===> Verify all news, before you react to it. 
The Bitcoin price climbed a little bit and now it recovered and someone made a little bit of profit.... and everything is back to normal.
The lesson that we should take away from this ===> Verify all news, before you react to it. Absolutely right, any significant news should be checked on official sources. In this case, manipulators played on the expectations of traders, and those who hurried and did not check the official information most likely could have lost money. Haste is bad when it comes to your money. But Bitcoin continued to grow, and now it seems to me that it’s time to adjust after such good growth, especially when there are those who believe in further growth. )
Well, Cointelegraph lost a lot of credibility with this "fake" news that were posted online. The SEC said, they will post something on their official communication channels, if there are something that needs to be reported.
The Bitcoin price climbed a little bit and now it recovered and someone made a little bit of profit.... and everything is back to normal. The lesson that we should take away from this ===> Verify all news, before you react to it.
The Bitcoin price climbed a little bit and now it recovered and someone made a little bit of profit.... and everything is back to normal.
The lesson that we should take away from this ===> Verify all news, before you react to it. 
False news But there is also good news to there is dozen of a new report that the SEC is going to approve the Bitcoin ETF including "BlackRock CEO Larry Fink Calls Bitcoin Pump A “Flight to Quality”" - https://cryptopotato.com/blackrock-ceo-larry-fink-calls-bitcoin-pump-a-flight-to-quality/
or the recent news "JPMorgan expects spot bitcoin ETF approvals to come 'within months'"
The Securities and Exchange Commission will likely approve multiple spot bitcoin exchange-traded fund applications soon, given it did not appeal a recent ruling in the case brought against it by Grayscale Investments, according to JPMorgan.
"The timing of spot bitcoin ETF approvals remains unclear but should happen within months and most likely before Jan. 10, 2024, the final deadline of Ark Invest and 21Shares applications," JPMorgan analysts led by Nikolaos Panigirtzoglou wrote in a report on Wednesday. "This is the earliest among the various final deadlines faced by SEC across spot bitcoin ETF applications."
Last week, the SEC let its appeal deadline lapse in the Grayscale case, where the asset manager had won in court the previous month.
There is now "increased optimism for multiple spot bitcoin ETF approvals," the JPMorgan analysts said. Last month, the analysts noted that the SEC would likely be forced to approve spot bitcoin ETFs as a result of the court ruling. - https://cryptonews.net/news/bitcoin/27712619/
or the recent news "JPMorgan expects spot bitcoin ETF approvals to come 'within months'"
The Securities and Exchange Commission will likely approve multiple spot bitcoin exchange-traded fund applications soon, given it did not appeal a recent ruling in the case brought against it by Grayscale Investments, according to JPMorgan.
"The timing of spot bitcoin ETF approvals remains unclear but should happen within months and most likely before Jan. 10, 2024, the final deadline of Ark Invest and 21Shares applications," JPMorgan analysts led by Nikolaos Panigirtzoglou wrote in a report on Wednesday. "This is the earliest among the various final deadlines faced by SEC across spot bitcoin ETF applications."
Last week, the SEC let its appeal deadline lapse in the Grayscale case, where the asset manager had won in court the previous month.
There is now "increased optimism for multiple spot bitcoin ETF approvals," the JPMorgan analysts said. Last month, the analysts noted that the SEC would likely be forced to approve spot bitcoin ETFs as a result of the court ruling. - https://cryptonews.net/news/bitcoin/27712619/
For a second that was my first thought also and I already know the story
Shouldnt be true but this is the echo chamber effect and yea its really important when repeating some misinformation or incorrect assumption its labelled properly. People even in passing will pick up this headline and thats it, they'll be repeating or remembering the ETF was already passed.
I saw a funny cartoon about this, some things while satire are really true and correct in how they do play out as the market is a very funny volatile thing, all markets really are now. I cant think of a sensible market anymore, the world is saturated with speculative price action.
OP can you edit your first post. and put into topic [fake] or [error] or [misleading] or something..
to clarify your topic is not actually about SEC approving a ETF
to clarify your topic is not actually about SEC approving a ETF
I agree I just looked and was fooled into thinking the changed their mind.
Please correct it like franky1 has asked.
both his way or my way work.
Re: [misleading ] SEC approves BlackRock's spot bitcoin ETF = franky1
Re: [misleading not true] SEC approves BlackRock's spot bitcoin ETF = philipma1957
OP can you edit your first post. and put into topic [fake] or [error] or [misleading] or something..
to clarify your topic is not actually about SEC approving a ETF
to clarify your topic is not actually about SEC approving a ETF
There is nothing to feel sad about the guy who lost money while trading because whales manipulated the market. To be fair we are talking about a situation that is doing exactly what it says it does, and there is nothing shocking or unexpected here.
The whole point of bitcoin market is that it is volatile and it doesn't really do anything that would be a shocker for anyone, it is literally what this whole world is about and we need to end up with something that is a bit more decent here. At the end of the day, we are not going to end up with a result that would be unexpected, we know from the start that we could lose money and it is volatile and it could be manipulated. Anyone who joins this market, must be aware of what could go wrong.
The whole point of bitcoin market is that it is volatile and it doesn't really do anything that would be a shocker for anyone, it is literally what this whole world is about and we need to end up with something that is a bit more decent here. At the end of the day, we are not going to end up with a result that would be unexpected, we know from the start that we could lose money and it is volatile and it could be manipulated. Anyone who joins this market, must be aware of what could go wrong.
That makes me think of different possibilities of SEC games. We all saw what happened that day, how the release of the fake news was used to liquidate traders, sources said about $85 million was lost that very day because of Cointelegraph's unprofessional report. SEC will have another reason to delay it further because one of the reasons why they didn't approve ETF yet was because the Bitcoin market is full of manipulation and where is the lie from what happened 6 days ago.
Having an ETF mind be a game changer but the traders are more their gains, they want the ETF to have so they can exploit that as news to pump the price, no other reason than whale manipulation as usual and if this guys are not weed out of the market, the more I believe SEC will want to deny Bitcoin ETF because it is not going to happen anytime soon, halving is also coming, SEC will think people are going to use it as tool to pump their bags.
Even if its not approved, the price reacted like it was approved, well maybe when it actually does get approved the increase will be staggeringly higher than this but the increase since this news is also not nothing as well. I agree that any positive news is positive news, we shouldn't disregard the level of it, some say it would take it to 100k, some say it would be even more, some say it wouldn't even take to 50k, I say anything that makes it go up, is a good thing. And considering it took it a little up even without actually happening and just a wrong mistaken news, I would say that the real thing would take it up for sure, don't know how much but it would definitely get it higher, and that's a good thing.
Forecasting the Bitcoin exchange rate is perhaps closer to “fortune telling by reading the coffee grounds”
The problem is that cryptocurrency has no real, economically justified value. The cryptocurrency market is speculative and manipulative, and the rate will be whatever the mood, investment, news... anything that can hype up the mood of buyers and holders of cryptocurrency. Lately I have heard forecasts of 50k, 100k, 250, and even 1 million dollars for Bitcoin. And... I believe that one of these predictions will come true - after all, manipulators want to make money!
All that remains is to guess WHEN and what the peak will be 
There is nothing to feel sad about the guy who lost money while trading because whales manipulated the market. To be fair we are talking about a situation that is doing exactly what it says it does, and there is nothing shocking or unexpected here.
The whole point of bitcoin market is that it is volatile and it doesn't really do anything that would be a shocker for anyone, it is literally what this whole world is about and we need to end up with something that is a bit more decent here. At the end of the day, we are not going to end up with a result that would be unexpected, we know from the start that we could lose money and it is volatile and it could be manipulated. Anyone who joins this market, must be aware of what could go wrong.
The whole point of bitcoin market is that it is volatile and it doesn't really do anything that would be a shocker for anyone, it is literally what this whole world is about and we need to end up with something that is a bit more decent here. At the end of the day, we are not going to end up with a result that would be unexpected, we know from the start that we could lose money and it is volatile and it could be manipulated. Anyone who joins this market, must be aware of what could go wrong.
Even if its not approved, the price reacted like it was approved, well maybe when it actually does get approved the increase will be staggeringly higher than this but the increase since this news is also not nothing as well. I agree that any positive news is positive news, we shouldn't disregard the level of it, some say it would take it to 100k, some say it would be even more, some say it wouldn't even take to 50k, I say anything that makes it go up, is a good thing. And considering it took it a little up even without actually happening and just a wrong mistaken news, I would say that the real thing would take it up for sure, don't know how much but it would definitely get it higher, and that's a good thing.
Even if the ETFs get approval it's still not a big win for retailers and investors in general, it is going to get ugly after this coming bull market, I am saying this because of Black Rock, by that time they will now tell people which asset is better to invest into than others, ETFs of cos and also they will take over the whole crypto market, am I the only reader of Black Rock past history on here?
Whatever Black Rock gets involved with always get trampled on by these organization, anyway maybe I am wrong but I am not willing to bet on being wrong, since this power organization is involved, I am so sure of it that all ETFs will get approved and this will start the next bull market hype, let's enjoy it while it last and do not forget to take profit.
I have my doubts that the opportunity today will be available in the crypto space by the next bear market, all because of all these ETFs and that of Black Rock out of all others.
Whatever Black Rock gets involved with always get trampled on by these organization, anyway maybe I am wrong but I am not willing to bet on being wrong, since this power organization is involved, I am so sure of it that all ETFs will get approved and this will start the next bull market hype, let's enjoy it while it last and do not forget to take profit.
I have my doubts that the opportunity today will be available in the crypto space by the next bear market, all because of all these ETFs and that of Black Rock out of all others.
It seems to me - you are "thickening the colors"
For the crypto market any positive changes are globally positive ! Plus you should realize that Black Rock is a global company with huge investment potential. And its investments in the market will be SIGNIFICANT for the whole crypto world. I would be more optimistic and consider the positive decision about BlackRock's bitcoin ETF a very good signal to the crypto world ! You can find negative components in any process, any process can lead to negativity in its implementation.... But for the crypto market, the decision of one of the key regulators in favor of cryptocurrencies will definitely be positive for the entire crypto world!
The US market is available to everyone who wants, if the ETF exists there its likely duplicated elsewhere anyway but I think the funds placed into ETF traded in US could be from anywhere via company deposits and just normal personal access internationally. For some reason they are doing their very best to resist allowing ETF, so I dont think near term we hear of it.
Even if the ETFs get approval it's still not a big win for retailers and investors in general, it is going to get ugly after this coming bull market, I am saying this because of Black Rock, by that time they will now tell people which asset is better to invest into than others, ETFs of cos and also they will take over the whole crypto market, am I the only reader of Black Rock past history on here?
This ETF only affects US market not globally so I guess this is not that much ugly besides the number of crypto investors on US is still the minority and having fresh money onboard can give a huge impact to the market.
I’m not giving that much credit too on the approval of ETF but having one of them can make Bitcoin more friendly for general investors that still afraid to invest on Bitcoin due to the volatility. This ETF makes Bitcoin accessible to everyone that doesn’t want to venture on technology.
Even if the ETFs get approval it's still not a big win for retailers and investors in general, it is going to get ugly after this coming bull market, I am saying this because of Black Rock, by that time they will now tell people which asset is better to invest into than others, ETFs of cos and also they will take over the whole crypto market, am I the only reader of Black Rock past history on here?
Whatever Black Rock gets involved with always get trampled on by these organization, anyway maybe I am wrong but I am not willing to bet on being wrong, since this power organization is involved, I am so sure of it that all ETFs will get approved and this will start the next bull market hype, let's enjoy it while it last and do not forget to take profit.
I have my doubts that the opportunity today will be available in the crypto space by the next bear market, all because of all these ETFs and that of Black Rock out of all others.
Whatever Black Rock gets involved with always get trampled on by these organization, anyway maybe I am wrong but I am not willing to bet on being wrong, since this power organization is involved, I am so sure of it that all ETFs will get approved and this will start the next bull market hype, let's enjoy it while it last and do not forget to take profit.
I have my doubts that the opportunity today will be available in the crypto space by the next bear market, all because of all these ETFs and that of Black Rock out of all others.
I understand your concern, but one thing you need to accept is that whether you like it or not, ETFs will still happen, those are things we can do nothing but accept. Therefore, we need to take advantage of this opportunity to benefit ourselves instead of standing aside or resisting in vain. We want bitcoin to become popular and recognized by legal and government agencies, these things are inevitable. That's the price we have to pay if we want bitcoin to become mainstream and legitimate.
Even if the ETFs get approval it's still not a big win for retailers and investors in general, it is going to get ugly after this coming bull market, I am saying this because of Black Rock, by that time they will now tell people which asset is better to invest into than others, ETFs of cos and also they will take over the whole crypto market, am I the only reader of Black Rock past history on here?
Whatever Black Rock gets involved with always get trampled on by these organization, anyway maybe I am wrong but I am not willing to bet on being wrong, since this power organization is involved, I am so sure of it that all ETFs will get approved and this will start the next bull market hype, let's enjoy it while it last and do not forget to take profit.
I have my doubts that the opportunity today will be available in the crypto space by the next bear market, all because of all these ETFs and that of Black Rock out of all others.
Whatever Black Rock gets involved with always get trampled on by these organization, anyway maybe I am wrong but I am not willing to bet on being wrong, since this power organization is involved, I am so sure of it that all ETFs will get approved and this will start the next bull market hype, let's enjoy it while it last and do not forget to take profit.
I have my doubts that the opportunity today will be available in the crypto space by the next bear market, all because of all these ETFs and that of Black Rock out of all others.
The confirmation of the information is all that really means here now. Bitcoin Price increases wherever a positive information that supports the rise and usage of Bitcoin.
Bitcoin today is back $28,724k. If United State Securities and Exchange Commission has approved, Bitcoin proce should have pushed higher.
Bitcoin today is back $28,724k. If United State Securities and Exchange Commission has approved, Bitcoin proce should have pushed higher.
Vanguard and Blackrock are the biggest holder of top shares and stock around the world. I expect bitcoin to move than the price they printed some days ago but it turned out that it was misinformation. Some people really want this ETF to be approved so that they can use it to pump bitcoin, not bad but we need to be certain so SEC will not use it against the approval process, one of the reasons why they have not approved the ETF spot is because they fear bitcoin market manipulation which they just proved the other day about this news.
I think that against the backdrop of some "SEC failures" such as the case against Ripple, cryptocurrencies will see a "dawn" on the horizon. When the light of these changes will reach the mass acceptance and adoption of cryptocurrency - I will not say.
Now it is difficult to say what is happening and what affects the price of bitcoin, but now CoinmarketCap shows: $29.900/BTC or +5.63%.In any case - the market has "stirred", and we can expect more significant changes. SEC's recognition of BlackRock's bitcoin ETF will certainly give the strongest positive impetus to the market. We wait and hope
The confirmation of the information is all that really means here now. Bitcoin Price increases wherever a positive information that supports the rise and usage of Bitcoin.
Bitcoin today is back $28,724k. If United State Securities and Exchange Commission has approved, Bitcoin proce should have pushed higher.
Bitcoin today is back $28,724k. If United State Securities and Exchange Commission has approved, Bitcoin proce should have pushed higher.
Vanguard and Blackrock are the biggest holder of top shares and stock around the world. I expect bitcoin to move than the price they printed some days ago but it turned out that it was misinformation. Some people really want this ETF to be approved so that they can use it to pump bitcoin, not bad but we need to be certain so SEC will not use it against the approval process, one of the reasons why they have not approved the ETF spot is because they fear bitcoin market manipulation which they just proved the other day about this news.
Just googled the news and the top result is WSJ article denying the rumors, . Not only that one but many other articles also denying the rumor. I am pretty surprise that the rumor spread, and the market act on those rumor. I myself is still skeptical that SEC will approve any Bitcoin ETF in near future, they will at lease fight one or two more cases. But I guess most people already believe SEC has change their mind about Bitcoin, that they act based on false rumor.
Final global conclusion: the cryptocurrency market is extremely speculative, manipulative, and can "inflate" on any sound... As well as deflate
On the one hand, it's bad... And on the other hand, what to hide, someone made good money for these minutes, not even hours.... In a word - watch, check, use the news, if possible, to make money !
Every investment is speculative and most of them is manipulative, that's how people gain profit selling investment stuff to the next buyer.
....
....
Final global conclusion: the cryptocurrency market is extremely speculative, manipulative, and can "inflate" on any sound... As well as deflate
On the one hand, it's bad... And on the other hand, what to hide, someone made good money for these minutes, not even hours.... In a word - watch, check, use the news, if possible, to make money !
Every investment is speculative and most of them is manipulative, that's how people gain profit selling investment stuff to the next buyer.
....
Final global conclusion: the cryptocurrency market is extremely speculative, manipulative, and can "inflate" on any sound... As well as deflate On the one hand, it's bad... And on the other hand, what to hide, someone made good money for these minutes, not even hours.... In a word - watch, check, use the news, if possible, to make money !
That's what trading is but it's unethical because when they manipulate the markets, they're all aware that there's someone from the other side of the world that's losing and that money of random guy that also trades goes to the winners. Anyway, this is actually what the market is, there will be losers and winners but if it's the normal and typical way of the market, that's fine unlike what these manipulation does.Unfortunately, one can only come to terms with this fact. Any speculative and manipulative market generates profits for some market participants at the expense of losses of other market participants. There is no way to fix this, it can only be taken into account if you work in the crypto market.
And from here comes another, unpleasant problem, or rather a fact - cryptocurrencies actually have no real useful value. In the best case, their price includes the cost of mining equipment and electricity. You can only come to terms with this too.
The U.S. Securities and Exchange Commission (SEC) has approved the spot bitcoin-ETF from BlackRock. This is reported by Cointelegraph.
Against this background, bitcoin broke through the $29,000 level. Over the past 24 hours, the asset rose in price by 6.9%, in an hour - by 5.2%, according to CoinGecko. At the moment, the first cryptocurrency exceeded $30,000.
The Block Pro Headlines
@theblockupdates
*SEC, NASDAQ WEBSITES DON'T APPEAR TO SHOW A RECENT BITCOIN ETF APPROVAL - DESPITE RUMORS ON X - THE BLOCK PRO
https://twitter.com/theblockupdates/status/1713912444328825014
Cryptocurrencies breakthrough and victory or ?
Against this background, bitcoin broke through the $29,000 level. Over the past 24 hours, the asset rose in price by 6.9%, in an hour - by 5.2%, according to CoinGecko. At the moment, the first cryptocurrency exceeded $30,000.
The Block Pro Headlines
@theblockupdates
*SEC, NASDAQ WEBSITES DON'T APPEAR TO SHOW A RECENT BITCOIN ETF APPROVAL - DESPITE RUMORS ON X - THE BLOCK PRO
https://twitter.com/theblockupdates/status/1713912444328825014
Cryptocurrencies breakthrough and victory or ?
The confirmation of the information is all that really means here now. Bitcoin Price increases wherever a positive information that supports the rise and usage of Bitcoin.
Bitcoin today is back $28,724k. If United State Securities and Exchange Commission has approved, Bitcoin proce should have pushed higher.
....
Final global conclusion: the cryptocurrency market is extremely speculative, manipulative, and can "inflate" on any sound... As well as deflate On the one hand, it's bad... And on the other hand, what to hide, someone made good money for these minutes, not even hours.... In a word - watch, check, use the news, if possible, to make money !
That's what trading is but it's unethical because when they manipulate the markets, they're all aware that there's someone from the other side of the world that's losing and that money of random guy that also trades goes to the winners. Anyway, this is actually what the market is, there will be losers and winners but if it's the normal and typical way of the market, that's fine unlike what these manipulation does. ....
....
Final global conclusion: the cryptocurrency market is extremely speculative, manipulative, and can "inflate" on any sound... As well as deflate
On the one hand, it's bad... And on the other hand, what to hide, someone made good money for these minutes, not even hours.... In a word - watch, check, use the news, if possible, to make money !
The U.S. Securities and Exchange Commission (SEC) has approved the spot bitcoin-ETF from BlackRock. This is reported by Cointelegraph.
Against this background, bitcoin broke through the $29,000 level. Over the past 24 hours, the asset rose in price by 6.9%, in an hour - by 5.2%, according to CoinGecko. At the moment, the first cryptocurrency exceeded $30,000.
The Block Pro Headlines
@theblockupdates
*SEC, NASDAQ WEBSITES DON'T APPEAR TO SHOW A RECENT BITCOIN ETF APPROVAL - DESPITE RUMORS ON X - THE BLOCK PRO
https://twitter.com/theblockupdates/status/1713912444328825014
Cryptocurrencies breakthrough and victory or ?
Against this background, bitcoin broke through the $29,000 level. Over the past 24 hours, the asset rose in price by 6.9%, in an hour - by 5.2%, according to CoinGecko. At the moment, the first cryptocurrency exceeded $30,000.
The Block Pro Headlines
@theblockupdates
*SEC, NASDAQ WEBSITES DON'T APPEAR TO SHOW A RECENT BITCOIN ETF APPROVAL - DESPITE RUMORS ON X - THE BLOCK PRO
https://twitter.com/theblockupdates/status/1713912444328825014
Cryptocurrencies breakthrough and victory or ?
As far as I know, after a few minutes of this being posted on Twitter, many influencers immediately created content about this matter, and it was also immediately verified that it was actually fake news because Blackrock himself said that there was no approval yet. happening here.
But even if it's fake news, millions of dollars were liquidated immediately because of that matter. Even though Cointelegraph said that it was a mistake by their employee because the post on Twitter that was made had no source shown, that means he is not really credible.
In this whole situation, we all saw one event - the terrible manipulation of the market
Any, even “high-level” fake news, can “raise on its hind legs” the entire market and give it a strong impetus...
And that's now proven that it's being done in the market and those that don't believe in market manipulation just have seen it happened in actuality.Any, even “high-level” fake news, can “raise on its hind legs” the entire market and give it a strong impetus...
I think if news now appears that the SEC has categorically refused to register a Bitcoin ETF for BlackRock, and has forever forbidden it from considering this matter, there will also be a panic reaction on the market, although probably in the other direction.
There could be a panic but I think that in a positive note, we're all used to the negative news that comes from them and that's why if ever there will be a news like rejection of ETFs, that won't be surprising anymore as we've seen them rejecting these applications like several years ago.Once again, I apologize for bringing unconfirmed news, and I recommend double-checking all the news that can have a real impact on the entire market! Profit to everyone! 
We all make mistakes and the one who published it has a larger accountability for the reach that their platform has.
In this whole situation, we all saw one event - the terrible manipulation of the market
Any, even “high-level” fake news, can “raise on its hind legs” the entire market and give it a strong impetus...
I think if news now appears that the SEC has categorically refused to register a Bitcoin ETF for BlackRock, and has forever forbidden it from considering this matter, there will also be a panic reaction on the market, although probably in the other direction.
Once again, I apologize for bringing unconfirmed news, and I recommend double-checking all the news that can have a real impact on the entire market! Profit to everyone!
Any, even “high-level” fake news, can “raise on its hind legs” the entire market and give it a strong impetus...
I think if news now appears that the SEC has categorically refused to register a Bitcoin ETF for BlackRock, and has forever forbidden it from considering this matter, there will also be a panic reaction on the market, although probably in the other direction.
Once again, I apologize for bringing unconfirmed news, and I recommend double-checking all the news that can have a real impact on the entire market! Profit to everyone!
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It's all fake news and I think some crypto Twitter influencers deserve some beating for spreading fake news about the Bitcoin ETF approval and now this fake news may some lead to another delay of the spot ETF approval.
The U.S. Securities and Exchange Commission (SEC) has approved the spot bitcoin-ETF from BlackRock. This is reported by Cointelegraph.
Against this background, bitcoin broke through the $29,000 level. Over the past 24 hours, the asset rose in price by 6.9%, in an hour - by 5.2%, according to CoinGecko. At the moment, the first cryptocurrency exceeded $30,000.
The Block Pro Headlines
@theblockupdates
*SEC, NASDAQ WEBSITES DON'T APPEAR TO SHOW A RECENT BITCOIN ETF APPROVAL - DESPITE RUMORS ON X - THE BLOCK PRO
https://twitter.com/theblockupdates/status/1713912444328825014
Cryptocurrencies breakthrough and victory or ?
It was fake and the market did make out that immediate correction after that 29k jump but somewhat the current price isnt really that bad either which playing around 28.4k as of this writing.Against this background, bitcoin broke through the $29,000 level. Over the past 24 hours, the asset rose in price by 6.9%, in an hour - by 5.2%, according to CoinGecko. At the moment, the first cryptocurrency exceeded $30,000.
The Block Pro Headlines
@theblockupdates
*SEC, NASDAQ WEBSITES DON'T APPEAR TO SHOW A RECENT BITCOIN ETF APPROVAL - DESPITE RUMORS ON X - THE BLOCK PRO
https://twitter.com/theblockupdates/status/1713912444328825014
Cryptocurrencies breakthrough and victory or ?
Also seen this one. 29 mins ago.
BlackRock Says SEC Hasn't Approved Its Bitcoin ETF
https://www.wsj.com/livecoverage/stock-market-today-dow-jones-10-16-2023/card/blackrock-says-sec-hasn-t-approved-its-bitcoin-etf-LLesLrf3ezh7yrJIjHbW
So this is a clear manipulative act. This is way too obvious. Who would really be the one to blame? For sure lots of shorters had been liquidated and to those who have
made out some long are the ones who had gained.
Still on confusing situation between Cointelegraph updating with real of fake news depend with bitcoin price up drastically to $30k but can't stay for few moment awhile before bitcoin going drop to $28k, latest update confirmed about fake news publishing by cointelegraph about SEC approves BlackRock's spot bitcoin ETF. Looks its not first time mistake or confusing news update by cointelegraph, ever last several months with their information update is fake and price of some altcoin up drastically before going to lower price after any project related team update with miscommunication or wrong information updating by cointelegraph.
I am waiting for tomorrow exactly from SEC respond about this information true or not about "SEC approves BlackRock's spot bitcoin ETF"
I am waiting for tomorrow exactly from SEC respond about this information true or not about "SEC approves BlackRock's spot bitcoin ETF"
The SECs approval of Blackrock's spot BTC ETF is one expected already as it has much been talked about. I wouldn't be surprised to wake to news of SEC also being allowed to monitor exchanges transaction as it has been spoken of in times past.
Am still going to wait for the news to be all over social media before I can be well educated on the subject matter and how they intend to proceed onwards.
Am still going to wait for the news to be all over social media before I can be well educated on the subject matter and how they intend to proceed onwards.
Yeah, it totally seems like the big players were messing with the market. Cointelegraph for sure knew they'd get people all riled up with that fake news.
But dang, if Bitcoin goes nuts just off some made up story about an ETF, it's gonna be complete mayhem when there's a real approved Bitcoin ETF. Thatll be awesome.
Hopefully some big gains are coming our way soon!
But dang, if Bitcoin goes nuts just off some made up story about an ETF, it's gonna be complete mayhem when there's a real approved Bitcoin ETF. Thatll be awesome.
Hopefully some big gains are coming our way soon!
The only constant is the market's thirst to rise, but there is not enough trading volume for this to happen, so any positive news will cause a large financial leverage. I also expect that there will be people who will know about the approval decision several months ago, and these people will buy or may buy now.
In any case, it is best to wait several hours before sharing any unofficial news.
In any case, it is best to wait several hours before sharing any unofficial news.
Fake news is bringing up positive market reactions; all I see is market manipulation by the big players. This is no mistake from Cointelegraph; I believe they know what they did.
Maybe there is something up in the background that makes them break such rumours out as news. I know the credibility of their source is sometimes questionable, but this kind of big news is a mistake, and I really doubt it is.
But not withstanding this just shows us what will become of the market when Bitcoin ETF finally gets the approval and it's made official. The market will react positively to this.
@Dimitri94, If you read through at least a few comments from members who commented after the OP, you will realize that it's already a proven fact, and the OP also came back and confirmed the news to be a rumour. Just a comment is the only thing between you and that updated information.
Maybe there is something up in the background that makes them break such rumours out as news. I know the credibility of their source is sometimes questionable, but this kind of big news is a mistake, and I really doubt it is.
But not withstanding this just shows us what will become of the market when Bitcoin ETF finally gets the approval and it's made official. The market will react positively to this.
The U.S. Securities and Exchange Commission (SEC) has approved the spot bitcoin-ETF from BlackRock. This is reported by Cointelegraph.
As far as I know the SEC has not yet officially approved the Bitcoin ETF but rumors spreading in different news channels and social media.
The U.S. Securities and Exchange Commission (SEC) has approved the spot bitcoin-ETF from BlackRock. This is reported by Cointelegraph.
As far as I know the SEC has not yet officially approved the Bitcoin ETF but rumors spreading in different news channels and social media. However, if this ETF is approved, the price of Bitcoin is sure to increase drastically. As new capital is added to the market, the price of Bitcoin will increase rapidly. BlackRock said its ETFs are still under review by the Securities and Exchange Commission and have yet to receive approval. But there is a rumor on social media that Blackrock has already got ETF approval which is completely baseless. SEC has not approved any spot bitcoin ETF so everyone should be careful not to listen to rumors. 
Yeah, it was thought of a real news but then turned out into a fake news. Well, it's amazing that we're now sitting back to $28k just because of the fake news that's made.
With these, we're all happy whenever we see the price of Bitcoin goes for whatever reasons. But if there turns out a fake news and made the market negative reaction, we're all sad and don't want to see that happen.
Whoever spread this news on X will definitely be followed and could account liable for some market manipulation.
With these, we're all happy whenever we see the price of Bitcoin goes for whatever reasons. But if there turns out a fake news and made the market negative reaction, we're all sad and don't want to see that happen.
Whoever spread this news on X will definitely be followed and could account liable for some market manipulation.
Good afternoon/evening/night everyone !
Indeed the news turned out to be, to put it mildly "far from reality", a shame .... But the market reaction was instantaneous
On the other hand do not lose positive expectation, as there are good forecasts, which previously not heard :
"The US Securities and Exchange Commission (SEC) will register the first spot bitcoin-ETF within three to six months. This opinion was expressed by former BlackRock managing director Stephen Schonfield, Decrypt reports.
He made his prediction during a panel discussion at the CCData Digital Asset Summit in London with the participation of another ex-BlackRock director, Martin Brandall.
The latter suggested that the SEC is likely to simultaneously green-light all applications to launch exchange-traded funds based on the first cryptocurrency."
I guess such a persona isn't much oriented towards spreading fakes
UPD https://decrypt.co/200129/ex-blackrock-director-says-sec-will-approve-bitcoin-etf-3-6-months
Indeed the news turned out to be, to put it mildly "far from reality", a shame .... But the market reaction was instantaneous
On the other hand do not lose positive expectation, as there are good forecasts, which previously not heard :
"The US Securities and Exchange Commission (SEC) will register the first spot bitcoin-ETF within three to six months. This opinion was expressed by former BlackRock managing director Stephen Schonfield, Decrypt reports.
He made his prediction during a panel discussion at the CCData Digital Asset Summit in London with the participation of another ex-BlackRock director, Martin Brandall.
The latter suggested that the SEC is likely to simultaneously green-light all applications to launch exchange-traded funds based on the first cryptocurrency."
I guess such a persona isn't much oriented towards spreading fakes
UPD https://decrypt.co/200129/ex-blackrock-director-says-sec-will-approve-bitcoin-etf-3-6-months
The U.S. Securities and Exchange Commission (SEC) has approved the spot bitcoin-ETF from BlackRock. This is reported by Cointelegraph.
Against this background, bitcoin broke through the $29,000 level. Over the past 24 hours, the asset rose in price by 6.9%, in an hour - by 5.2%, according to CoinGecko. At the moment, the first cryptocurrency exceeded $30,000.
The Block Pro Headlines
@theblockupdates
*SEC, NASDAQ WEBSITES DON'T APPEAR TO SHOW A RECENT BITCOIN ETF APPROVAL - DESPITE RUMORS ON X - THE BLOCK PRO
https://twitter.com/theblockupdates/status/1713912444328825014
Cryptocurrencies breakthrough and victory or ?
Against this background, bitcoin broke through the $29,000 level. Over the past 24 hours, the asset rose in price by 6.9%, in an hour - by 5.2%, according to CoinGecko. At the moment, the first cryptocurrency exceeded $30,000.
The Block Pro Headlines
@theblockupdates
*SEC, NASDAQ WEBSITES DON'T APPEAR TO SHOW A RECENT BITCOIN ETF APPROVAL - DESPITE RUMORS ON X - THE BLOCK PRO
https://twitter.com/theblockupdates/status/1713912444328825014
Cryptocurrencies breakthrough and victory or ?
That's fake news created by Cointelegraph. What a cunning media and there has been no clear clarification regarding this. I wonder why the big media Cointelegraph did that, is there an act of manipulation that is profitable for cointelegraph?
By the way, this is the second thread I came across after this thread:
https://bitcointalksearch.org/topic/bitcoin-etf-approval-fueling-bullish-momentum-5470551
both discussing the SEC approving the Blackrock ETF. but it turned out to be fake
Is this an appropriate reason for them to mention fake news? : https://twitter.com/3orovik/status/1713943852837470718?t=Ge0IpFBnzaGi4hEN_kXd7g&s=19
The news pushed Bitcoin to $ 30k quickly, but now back to the previous price.
I don't know for sure about what happened, many rumors say that ETF Bitcoin Ishares was received by SEC ... But it was still rumors, I was also looking for the original but very difficult source ...
Strangely, there are also many who say that this is fake, but Bitcoin jumped quite crazy a few minutes ago, is there a person's game here to sink the big whale who installed the short? My head was quite sick to digest what happened just.
I have not found the original certainty based on data and news, this makes me confused.
I don't know for sure about what happened, many rumors say that ETF Bitcoin Ishares was received by SEC ... But it was still rumors, I was also looking for the original but very difficult source ...
Strangely, there are also many who say that this is fake, but Bitcoin jumped quite crazy a few minutes ago, is there a person's game here to sink the big whale who installed the short? My head was quite sick to digest what happened just.
I have not found the original certainty based on data and news, this makes me confused.
One possibility is that as a result of this news, it could be a complete loss of investment funds and it is better for users not to base their hopes and speculation on the future and assess the market with objectivity.
Looks like yes. But, Normally When Bitcoin price reaches a possible reversal level, swing traders will bet on a price reversal, especially if the indicator confirms a possible change in direction.
Maybe that's why the price value of Bitcoin suddenly increased earlier, maybe because of those humors, because the last time I saw it, the price of Bitcoin was around 28200 dollars or something.
But even so, that seems to be an indication that the chances of blackrock actually being approved are high.
When that actually happens, many bitcoin communities will celebrate that for sure, because it will be clear that somehow Bitcoin will achieve $100,000 more than each other by next year during the bull run.
But even so, that seems to be an indication that the chances of blackrock actually being approved are high.
When that actually happens, many bitcoin communities will celebrate that for sure, because it will be clear that somehow Bitcoin will achieve $100,000 more than each other by next year during the bull run.
This is fake news! Below is an excerpt from the Wall Street Journal, and I've read a similar story elsewhere too:
Wall Street Journal
Wall Street Journal
Quote
The price of bitcoin surged to nearly $30,000 Monday morning after a false rumor that the Securities and Exchange Commission approved BlackRock's spot bitcoin ETF application started circulating on the social media platform X.
No wonder the price of BTC hit $30,000 very fast and immediately drew back so fast in the form of a whipsaw. It's such a manipulative attempt from miscreants trying to artificially pump the market. They would have gained by this, but it's not the best. 
meanwhile, there are some sources/experts who confirm that the Blackrock etf report was fake news
the fact that the false report was published in particular by renowned sources such as reuters and cointelegraph with a large readership, makes it clear that in this day and age, one should react extremely cautiously to headlines in newspapers and especially social media.
without a credible primary source, it is usually better to have doubts first. 'don't trust, verify!' is not a common credo of the Bitcoin community for nothing!
but in any case we could already see a small foretaste of the price movement when it really and officially comes to all the etf approvals
the fact that the false report was published in particular by renowned sources such as reuters and cointelegraph with a large readership, makes it clear that in this day and age, one should react extremely cautiously to headlines in newspapers and especially social media.
without a credible primary source, it is usually better to have doubts first. 'don't trust, verify!' is not a common credo of the Bitcoin community for nothing!
but in any case we could already see a small foretaste of the price movement when it really and officially comes to all the etf approvals
The news pushed Bitcoin to $ 30k quickly, but now back to the previous price.
I don't know for sure about what happened, many rumors say that ETF Bitcoin Ishares was received by SEC ... But it was still rumors, I was also looking for the original but very difficult source ...
Strangely, there are also many who say that this is fake, but Bitcoin jumped quite crazy a few minutes ago, is there a person's game here to sink the big whale who installed the short? My head was quite sick to digest what happened just.
I have not found the original certainty based on data and news, this makes me confused.
I don't know for sure about what happened, many rumors say that ETF Bitcoin Ishares was received by SEC ... But it was still rumors, I was also looking for the original but very difficult source ...
Strangely, there are also many who say that this is fake, but Bitcoin jumped quite crazy a few minutes ago, is there a person's game here to sink the big whale who installed the short? My head was quite sick to digest what happened just.
I have not found the original certainty based on data and news, this makes me confused.
The U.S. Securities and Exchange Commission (SEC) has approved the spot bitcoin-ETF from BlackRock. This is reported by Cointelegraph.
Against this background, bitcoin broke through the $29,000 level. Over the past 24 hours, the asset rose in price by 6.9%, in an hour - by 5.2%, according to CoinGecko. At the moment, the first cryptocurrency exceeded $30,000.
The Block Pro Headlines
@theblockupdates
*SEC, NASDAQ WEBSITES DON'T APPEAR TO SHOW A RECENT BITCOIN ETF APPROVAL - DESPITE RUMORS ON X - THE BLOCK PRO
https://twitter.com/theblockupdates/status/1713912444328825014
Cryptocurrencies breakthrough and victory or ?
UPD This news story turned out to be a FAKE
Against this background, bitcoin broke through the $29,000 level. Over the past 24 hours, the asset rose in price by 6.9%, in an hour - by 5.2%, according to CoinGecko. At the moment, the first cryptocurrency exceeded $30,000.
The Block Pro Headlines
@theblockupdates
*SEC, NASDAQ WEBSITES DON'T APPEAR TO SHOW A RECENT BITCOIN ETF APPROVAL - DESPITE RUMORS ON X - THE BLOCK PRO
https://twitter.com/theblockupdates/status/1713912444328825014
Cryptocurrencies breakthrough and victory or ?
UPD This news story turned out to be a FAKE
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