False Alarm: Cointelegraph's Blunder About iShares Bitcoin Spot ETF Pumped Bitcoin Price to 30K
Cointelegraph tweeted that SEC approved iShares' Bitcoin (BTC) Spot ETF, but was confirmed to be false by BlackRock.
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24/06/2024 21:20
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DavinBitcoin Price Spikes to $30K and Plunges Amidst Fake Spot ETF Approval News
Fake spot Bitcoin ETF news’ approval disseminated by Cointelegraph caused BTC price to pump to $30k before dropping while the news outlet quickly jumped on damage control.
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Cointelegraph, a leading cryptocurrency news publication, issued a clarification and apology for the inadvertent dissemination of unverified information regarding a spot Bitcoin ETF approval by the United States Securities and Exchange Commission (SEC).
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