Bitcoin Market Volatility Triggered by Fake News from Compromised SEC Account

The Bitcoin market experienced significant volatility due to fake news originating from a compromised X (formerly Twitter) handle, according to Greeks.live, a popular crypto options trading platform. This unexpected event led to a substantial increase in RV, while IV saw a slight decrease.The market is eagerly awaiting the approval of a spot Bitcoin ETF by […]

SEC Hack Triggers $220 Million Crypto Liquidation, Bitcoin ETF Debated

The crypto market experienced a whirlwind of events on Tuesday when a tweet from the United States Securities and Exchange Commission’s (SEC) official X (formerly Twitter) account claimed that all Spot Bitcoin ETF applications had been approved. This news initially led to a surge in Bitcoin’s price, but the excitement was short-lived as the price […]

False Bitcoin ETF Approval News Triggers Market Sell-Off

The market reacted with a sell-the-news response following the false news of a spot Bitcoin BTC exchange-traded fund (ETF) approval on January 9. The United States Securities and Exchange Commission’s (SEC) official X account, formerly known as Twitter, was hacked and published a fake news post stating that the regulator had granted multiple Bitcoin ETF […]

Bitcoin ETF Decision Deferred Amid SEC Account Hack and Market Resilience

Despite the spread of false news about Bitcoin ETF approval, Bitcoin’s price surged to $47,800, demonstrating the market’s resilience and readiness for integration with mainstream financial systems. This incident, however, raised security concerns and skepticism within the crypto community, particularly about the SEC’s internal security measures.The SEC’s decision on the much-anticipated Bitcoin ETF was unexpectedly […]

Bitcoin Market Cap Drops $50B Following Fake SEC ETF Approval News

Bitcoin’s market capitalization experienced a significant drop of around $50 billion in the last 24 hours. This drastic change was triggered by a fake approval post of spot exchange-traded funds (ETF) that appeared on the U.S. Securities and Exchange Commission (SEC) official handle. The top cryptocurrency’s market capitalization fell from $938 billion to as low […]

Bitcoin Market Rocked by False SEC Tweet, Sparks $210M Liquidation

The cryptoverse experienced a rollercoaster ride on Tuesday, with Bitcoin prices soaring and plummeting due to a fabricated news flash from the Securities and Exchange Commission (SEC). The SEC’s official account on X, formerly known as Twitter, falsely claimed the approval of spot Bitcoin exchange-traded funds (ETFs), causing Bitcoin to surge 3% towards a 20-month […]

Crypto Market Reacts to Fake SEC Bitcoin ETF Approval Tweet

The crypto market recently experienced a significant event when the Securities and Exchange Commission’s (SEC) account was hacked. This led to a fake tweet about the approval of a spot Bitcoin ETF, causing a market whiplash that resulted in a $56 million liquidation within an hour.Meanwhile, Ethereum Classic’s price, which was following a micro bearish […]

Bitcoin Price Fluctuates Wildly After SEC Twitter Account Hack

The price of Bitcoin saw dramatic fluctuations following a security breach on the official Twitter account of the US Securities and Exchange Commission (SEC). A fraudulent tweet was posted at 4:11PM EST on Tuesday, falsely announcing the approval of a spot Bitcoin exchange-traded fund (ETF). The misleading information led to a surge in Bitcoin’s price […]

Bitcoin Price Fluctuates After SEC Twitter Account Hack

The price of Bitcoin saw dramatic fluctuations following a security breach on the official Twitter account of the US Securities and Exchange Commission (SEC). A fraudulent tweet was posted at 4:11PM EST on Tuesday, falsely announcing the approval of a spot Bitcoin exchange-traded fund (ETF). This led to a surge in Bitcoin’s price from around […]

Fake ETF Approval Announcement Triggers $218M Crypto Trade Liquidation

In a shocking turn of events, over $218 million in cryptocurrency trades were liquidated in the past 24 hours. This was triggered by a false government announcement stating that Bitcoin spot ETFs had been approved in the U.S. Coinglass reported that over $56 million in Bitcoin trades were liquidated in just the past hour. The […]