“After false SEC post on ETF, bulls still see bitcoin at all-time highs this year”
January 12, 2024
“…a post from the account of the U.S. Securities and Exchange (SEC) on the X social media platform, formerly known as Twitter, on Tuesday claimed that the long-awaited bitcoin exchange-traded fund (ETF) had been approved.
It turned out it hadn’t. Instead, the SEC said its account had been compromised…
The thought is that an ETF could bring in larger and more traditional investors, who didn’t want to go near cryptocurrency…”
This news is slightly old. If I remember correctly at least 11 ETF’s have been approved. So far the main bump was in December for crypto. It seems like buy the rumor sell the news is usually the way to trade stock — well at least if your a day trader or short term trader that is.
Lets hope for the best and crypto starts a major rally soon.