The US Securities and Exchange Commission (SEC) is facing flak after Chairman Gary Gensler confirmed that the agency’s X account was “compromised” to spread false information that spot Bitcoin exchange-traded funds (ETFs) had received the regulator’s nod. A section of the crypto community believes that the SEC itself is to blame for the fiasco, as […]

The hack of the U.S. Securities and Exchange Commission’s official account on X on Tuesday has renewed concerns about the security of Elon Musk’s social media platform. However, the X safety team has confirmed that the account was compromised due to the SEC failing to enable two-factor authentication rather than any breach of X’s systems. […]

Shytoshi Kusama, Shiba Inu’s lead developer, propelled immense optimism for the Shiba Inu cryptocurrency across the broader crypto market on Wednesday following the revelation of significant project development plans fostered by the meme coin’s crypto community. As per Kusama’s most recent post on the social media platform X, the community now embarks on curating a […]

Going against the market sentiment around the U.S. Securities and Exchange Commission’s (SEC) potential approval of the spot Bitcoin ETF, traders and investors in the crypto space were subjected to unnecessary confusion with what could be a premature sharing of the approval announcement on social media platform X on Tuesday, January 9, 2024. In this […]

Renowned author of ‘Rich Dad Poor Dad,’ Robert Kiyosaki, has adjusted his Bitcoin (BTC) forecast, revising the target from $120,000 to $150,000. This modification is prompted by Kiyosaki’s anticipation of the potential introduction of a Bitcoin Exchange-Traded Fund (ETF). Expressing contentment with his past investment decisions on X (formerly Twitter), Kiyosaki exclaimed, “BITCOIN ETF. Yay. […]

In a rollercoaster day for the crypto community, the SEC’s official X handle initially announced the approval of Spot Bitcoin ETF, sending shockwaves through the XRP community, while impacting the broader crypto market. However, SEC Chair Gary Gensler later claimed the account was compromised, leading to a vehement backlash. Meanwhile, the aftermath witnessed accusations of […]

The Bitcoin price saw strong volatility on Tuesday, January 9, amid the fake news of Bitcoin ETF approval by the SEC. After shooting all the way to $48,000 on Tuesday, the Bitcoin price is once again settling at $46,000. SEC’s False News Triggers BTC Volatility The recent fake news incident orchestrated by the SEC had […]

XRP, a prominent cryptocurrency backed by Ripple Labs, once again curated a cyclone of speculations across the broader crypto market on Wednesday, following significant whale transfers noted by the token. As per on-chain data surfacing over the crypto horizon, two whale transactions collectively shifted over 63 million XRP to and fro from exchanges. This seems […]

BitMEX’s highly anticipated partnership with private tech company Astrobotic, aiming to send Bitcoin (BTC) literally “to the moon,” is reportedly at risk due to propulsion system issues. The lunar lander, Peregrine 1, launched from Florida on January 8, 2024, and is expected to land in February, which now seems challenging. Also Read: BitMEX to Send […]

The U.S. SEC account on X Platform was compromised on Tuesday leading to fake tweets of Bitcoin ETF approval and causing a stir in the BTC price movements. The BTC price surged all the way to $48,000, however, it has dropped to $46,000 as of writing this story. Bitcoin ETF Approval In a surprising turn […]