Crypto News LIVE Updates: A rare miscommunication by the US Securities and Exchange Commission (SEC) on the much-anticipated spot Bitcoin ETF approval caused disarray in the crypto market as BTC price experienced a typical pump-and-dump around the news. Curve experienced. It remains to be seen whether the authority will give the green light for the Bitcoin ETF filing on the expected date of January 10, 2024.
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12:34:06 PM IST, 10 January 2024
Crypto news LIVE: Apple blocks apps of crypto exchanges Binance, OKX, Kukoin in India
Tech giant Apple has removed mobile apps of at least eight popular crypto exchanges such as Binance, Kraken, OKX and Kukoin from its app store in India. The move comes after a government agency attacked these exchanges with a complaint about “illegal” operations in the country.
12:11:23 PM IST, 10 January 2024
Crypto News LIVE: More than 90% of Bitcoin holders are sitting on profits despite the bankruptcy
The OG cryptocurrency Bitcoin has had an excellent recovery over the past two months, with BTC prices hitting a 19-month high of $47,900 on Tuesday. Although Bitcoin fell back to $46,000 levels due to a fake spot announcement of Bitcoin ETF approval, a recent report from Glassnode found that more than 90% of BTC holders are currently making profits.
12:02:51 PM IST, 10 January 2024
Crypto News LIVE: Bitcoin ETF’s impact on BTC price was short-lived
The market volatility sparked by the fake announcement that spot Bitcoin ETFs were approved 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 IST, 10 January 2024
Crypto News LIVE: SEC Is Behind Bitcoin ETF Approval Confusion, According to Bloomberg Analyst
The SEC is under fire after its X account was allegedly “compromised” to spread false rumors that spot Bitcoin ETFs had been approved. Bloomberg ETF analyst Eric Balchunas argues that the mix-up was due to the SEC's negligence.
11:00:21 AM IST, 10 January 2024
Crypto News LIVE: 'Rich Dad Poor Dad' Author Highlights Bitcoin Growth Prospects
Rich Dad Poor Dad author Robert Kiyosaki is extremely bullish on Bitcoin in the wake of the highly anticipated spot Bitcoin ETF approval in the US. So much so that he has upgraded his growth outlook for Bitcoin, noting that the OG cryptocurrency is expected to reach $150,000.
10:41:37 AM IST, 10 January 2024
Crypto News LIVE: Bitcoin Remains Above $46,000 Despite Uproar from Fake Bitcoin ETF Approval News
The price of Bitcoin (BTC) plunged to $45,100 after news that the SEC had approved spot Bitcoin ETFs turned out to be a false alarm. However, the OG cryptocurrency has recouped some losses and was last changing hands above $46,000.
10:04:00 AM IST, 10 January 2024
Crypto News LIVE: Gensler’s Reaction to Fake Bitcoin ETF Approval News “Immortalized” in Bitcoin Ordinals
SEC Chairman Gary Gensler's comments that the agency's X account was “compromised” to spread false news that spot Bitcoin ETFs had been approved have now been archived in an ordinals inscription by digital artist Billy Restey.
09:45:41 AM IST, 10 January 2024
Crypto 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 lied when he said the agency's X account was “compromised.” Scaramucci believes an SEC employee shared the news prematurely, which he says reflects “the amateurish and dishonest nature of the current SEC leadership regime.”
09:22:25 AM IST, 10 January 2024
Crypto News LIVE: Approval of a Bitcoin ETF could cause BTC price to collapse, warns Peter Schiff
Amid the chaos fueled by false news that the SEC had given its blessing to Bitcoin exchange-traded funds, prominent Bitcoin critic and gold advocate Peter Schiff warned investors that BTC prices could decline even after the Federal regulator has given approval to recognize Bitcoin ETFs.
08:59:24 AM IST, 10 January 2024
Crypto News LIVE: X confirms SEC account was compromised
The X Platform security team confirmed Chairman Gary Gensler’s claim that the SEC-X account was indeed compromised based on a preliminary investigation. The hacking resulted from an unidentified individual gaining control of a phone number associated with the SEC account through a third party.
08:29:35 AM IST, 10 January 2024
Crypto News LIVE: Bitcoin gets approved twice
In a seemingly cryptic statement, MicroStrategy Chairman Michael Saylor said that Bitcoin is the only thing to be approved twice by the US Securities and Exchange Commission (SEC). This shows confidence in the eventual approval of the Bitcoin ETF.
08:27:35 AM IST, 10 January 2024
Crypto News LIVE: Senator calls for transparency
US Senator Cynthia Lummis said fraudulent announcements could manipulate markets. “We need transparency about what happened,” she demanded.
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