Golden Finance launches the 2318th issue of "Golden Morning 8", a morning report on the cryptocurrency and blockchain industry, to provide you with the latest and fastest news on the digital currency and blockchain industry.
JinseFinanceThe SEC's Twitter hack caused chaos in the crypto community, leading to a short-lived surge in Bitcoin prices. Despite the humor, the incident had severe consequences for traders liquidated due to fake news. It highlighted the vulnerability of the crypto market to misleading information and underscored the influence of media in shaping the narrative in the blockchain space. The turmoil prompted a reevaluation of trust in both Twitter and financial regulation, along with speculations about Elon Musk's involvement. Overall, Bitcoin remains resilient, unaffected by temporary fluctuations.
Cheng YuanThe SEC confirms unauthorized access to its @SECGov account, triggering investigations alongside Twitter. A fake tweet on Bitcoin ETF approval caused market turbulence, refuted by Chair Gary Gensler. The incident raises concerns about crypto manipulation, prompting inquiries from regulators and Twitter. Despite this, key figures like Elon Musk remain silent, focusing on other unrelated topics.
EdmundGrayscale Investments is actively pursuing SEC approval for its Grayscale Bitcoin Trust's conversion into a spot bitcoin ETF. Recent discussions with the SEC revolve around NYSE Arca's proposed rule change. Grayscale's persistent efforts, court mandates, and engagements with BNY Mellon showcase its commitment. GBTC outlines plans for listing and ongoing share issuance. The broader industry, including major players like BlackRock and Fidelity, is also navigating the SEC approval process for spot bitcoin ETFs.
Huang BoGrayscale Investments has achieved a substantial triumph over the US SEC in its endeavour to transform its GBTC from an over-the-counter asset into a publicly traded Bitcoin ETF.
CatherineIn response to the U.S. Securities and Exchange Commission's denial of a request to convert its Bitcoin trust into an ...
BitcoinistThe proposed environmentally conscious spot ETF was found to be insufficiently protected against fraud and manipulation, like many ETF proposals before it.
Cointelegraph21Shares submitted the spot Bitcoin ETF application with Ark Investment Management in June 2021 for listing on the Cboe BZX Exchange.
CointelegraphThe exchange-traded fund will be based on daily investment results corresponding to the inverse of the return of the CME Bitcoin Futures Contracts Index for a day.
CointelegraphLast month, the watchdog gave the thumbs-up to Teucrium’s Bitcoin futures ETF, which is the first such vehicle to be approved under the ’33 Act.
Cointelegraph