Bitcoin surged 7% due to rumors that the US Securities and Exchange Commission (SEC) has approved the BlackRock iShares Bitcoin Spot Exchange Traded Fund (ETF).However, after BlackRock exposed the false news, the increaseIt was quickly erased
Bitcoin surged 7% due to rumors that the US Securities and Exchange Commission (SEC) has approved the BlackRock iShares Bitcoin Spot Exchange Traded Fund (ETF).However, after BlackRock exposed the false news, the increaseIt was quickly erased.
BlackRock told Fox News reporter Eleanor Trent that the approved claims were "false" and added that their application was still pending review.According to the data, after this update,The price of Bitcoin plummeted 6% from $30000 to $28000 in just 15 minutes.
The false news of the US Securities and Exchange Commission's approval of Bitcoin spot ETFs led to Bitcoin prices soaring to a high of $30640, but the truth was later revealed.At least it can be said that this is a very, very crazy day for cryptocurrencies.
CoinGlass data displayThis rumor has sparked the cryptocurrency derivatives exchangeShort liquidation of $80 millionandLong liquidation exceeding $30 million. Qiangping refers to the automatic closing of a trader's leveraged position by an exchange due to their initial margin loss.
Other sources claim that:
- BTC short liquidation: $128 million, priced at $28.449;
- BTC short liquidation: $263.2 million, priced at $30233;
- BTC long liquidation: $41 million, priced at $28990;
- BTC long liquidation: $52 million, priced at $28074;
This inaccurate Twitter post was deleted within an hour, but it has been circulating on social media, affecting the price and prompting Cointelgraph to apologize.
The following is a breakdown of the events based on the clarification provided by Cointellgraph:
- The error message originated from an unverified screenshot posted by a user on X, who claimed that the screenshot was from a Bloomberg terminal.This screenshot incorrectly indicates that the US Securities and Exchange Commission has approved BlackRock's iShares spot Bitcoin ETF
- During routine reporting, Cointelgraph's social media team,This unconfirmed information was posted on social media platforms without prior editorial approval.
- The standard procedure of Cointelgraph requires verifying the source of news before publishing breaking news on social media, but it was not followed in this case.
- Although Cointelgraph did not publish articles containing these erroneous information,But this post has already had a significant impact on social media.
- After realizing the mistake,Cointelgraph conducted an internal investigation, withdrew the original social media post, and publicly apologized.andCointelegraphand
However, last week the SEC chose not to appeal its failure in grayscale, which increased the chance that GBTC could one day evolve into a spot Bitcoin ETF. Bloomberg analysts now believe that the probability of Bitcoin spot ETFs being approved in January 2024 is 90%. According to data, Bitcoin has risen by 4% in the past week and is currently trading above $28000.
and
Author: More Content Official Account KeplerResearch
Disclaimer: The content of this article is sourced from the internet. The copyright of the text, images, and other materials belongs to the original author. The platform reprints the materials for the purpose of conveying more information. The content of the article is for reference and learning only, and should not be used for commercial purposes. If it infringes on your legitimate rights and interests, please contact us promptly and we will handle it as soon as possible! We respect copyright and are committed to protecting it. Thank you for sharing.(Email:[email protected])
