BTC Fake Post? How Will Crypto Move Tonight?

The SEC's X account said it has approved the spot Bitcoin ETF, leading to a surge in Bitcoin. But later agency says X post on spot-Bitcoin ETFs approval was fake. The fake post event caused a roller coaster ride in Bitcoin yesterday. ------------------ Will Bitcoin ETF be approved or denied today? Will investors sell the news tonight if the ETF is approved?

  • I'm confident57%

  • So disappointed13%

  • Hard to tell31%

User Discussion

$CleanSpark, Inc.(CLSK)$ Rapid declines in the Japanese Yen over the past few hours could see central bank interventions by way of the sale of US DOLLARS , driving up the value of BTC relative to the greenback. Couple that with the pending Hong Kong approval for BTC and ETH ETFโ€™s coming out early in the week and it could spell a return to recent highs for both CLSK and $Marathon Digital Holdings Inc(MARA)$ .I expect both to rise into the upcoming quarterly reports next week as well, notably because of the prospect for highly favorable year-over-year comparisons under FASB accounting procedures.HODL, ACCUMULATE[Cool][Cool][Cool]
avatarCYWS
01-13
avatarMHh
01-12
Replying to @MHh:Approved! But price movement quite flatโ€ฆ//@MHh:$45000? Dont think it will be approved @rL @SR050321 @DiAngel @Universeๅฎ‡ๅฎ™ @Kaixiang @AliceSam @Fenger1188 @HelenJanet @Success
play games & win attractive prizes
now that spot bitcoin ETFs have been approved, it's $46k & going up as of writing. $50k may be a possibility ๐Ÿคž
avatarparetkr
01-11
Hopefully moves up up up
avatarAqa
01-11
Bitcoin (BTC) has peaked 47901. Bitcoin ETFs are coming fast. The Exchange-traded funds (ETFs) applications from ARK Investments, BlackRock (BLK.N) and Fidelity, among others, that track the price of bitcoin will soon be listed on Nasdaq, NYSE and the CBOE. Their assets will comprise physical bitcoin purchased from crypto exchanges and held via custodians like Coinbase Global (COIN.O). These ETFs enable accessibility to Bitcoin through retail investors' existing brokerage accounts. The ETF structure also boosts the accessibility of bitcoin for institutional investors, some of whom are barred from investing directly in alternative assets. Bitcoin bulls are running fast!

Correlations: Crypto is growing up, Good For Crypto Mining Stocks?

With SEC announcing the approval of some Spot Blockchain ETF after market close yesterday (10 Jan 2024), we should see more institutional adoption. What we have seen so far, institutional adoption has driven higher correlations between crypto and other risk assets. Most crypto evangelists have had a long-standing infatuation for correlation, or the absence of it. Bitcoin had been touted as a safe haven asset, uncorrelated from traditional stocks, bitcoin is supposed to be a hedge against the excesses of Wall Street. Correlation have been used as a historical indicator by nature. Investors have used correlations to keep them informed about the relationship between financial assets and indices. If the price of two assets rises in lockstep, they are said to be positively correlated, with a co
Correlations: Crypto is growing up, Good For Crypto Mining Stocks?
avatarKen7979
01-11
It's a gamble. Just like buying lottery.
avatarnvzrn
01-11
They trying too hard to get use to move to bitcoin ig
No matter what, the anticipate is already priced in the recent surge of BTC, once the news is confirm, investor will sell the news to lock in profit.
avatarnvzrn
01-11
Read this its good if y want perks like me
avatarnvzrn
01-11
Read this its good if you want perks like me
avatarKL H
01-11
This is great news!
To the ๐ŸŒ™ hahaha for sure ๐Ÿ˜Š
great news always from Tiger
both will not happen 45 or 50
Its possible to go up depends on demand. If the demand create from FOMO and YOLO and the funds is available, sure jack up the price. So 45k is possible ๐Ÿ˜‚ richer is getting richer
avatarjhtiger
01-11
I don't think it will be approved so probably closer to $45000 than $50000
Easy to 50000 go go go