Breaking😮
The SEC approves a spot Bitcoin ETF, opening the crypto floodgates. Learn what this means for Bitcoin's future in our in-depth analysis

On January 9, 2024, the Securities and Exchange Commission's (SEC) official X (formerly Twitter) account was hacked. The hacker posted a tweet claiming that the SEC had approved spot bitcoin exchange-traded funds (ETFs) for listing on all registered national securities exchanges.

This false news caused a brief surge in the price of bitcoin, which touched above $48,000 before falling back down to around $45,700, as investors reacted to the perceived change in regulatory stance. However, the SEC quickly clarified that the tweet was unauthorized and that they had not approved any spot bitcoin ETFs.

The hack is a serious incident that raises concerns about the security of social media accounts used by government agencies. It also highlights the potential for market manipulation through the spread of false information.

The SEC is investigating the hack and has not yet released any information about the hackers or how they gained access to the account. It is also unclear what steps the SEC will take to prevent similar incidents from happening in the future.

Stay more cautious and don't directly react on the news .

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#BTC #etf #spotbtcetf #Manipulation #sectwitterhack

INVESCO GALAXY FILES FOR SPOT BTC ETF

*Important Points -

Date of Filing: January 9, 2024

Filing Type: Registration of securities for a spot Bitcoin ETF

Companies Involved: Invesco and Galaxy Digital

SEC Review: The SEC will now review the filing and decide whether to approve or reject the ETF.

*Previous Attempts-

Invesco and Galaxy Digital initially filed for a spot Bitcoin ETF in September 2021, but it was rejected by the SEC.

*Recent Developments-

The recent filing comes amid a renewed push for spot Bitcoin ETFs in the US, with BlackRock also filing for one just days earlier.

*Significance-

Investor Access: If approved, the ETF would provide investors with a more convenient and regulated way to gain exposure to Bitcoin.

*Market Maturation-

The filing reflects growing institutional interest in Bitcoin and the belief that the market has matured enough to support a spot ETF.

*Potential Impact-

Approval of a spot Bitcoin ETF could lead to increased investment in Bitcoin and further mainstream adoption of the cryptocurrency.

*SEC Review-

The SEC will review the filing and issue a decision within a few months.

*Market Reaction-

The market will closely watch the SEC's decision, as it could have a significant impact on the price of Bitcoin and the broader cryptocurrency market.

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#BTC #ETFApprovalDreams #spotETF #BTCETFSPOT

AI WORLDBRAIN FUNDING FROM MORGAN STANLEY

Morgan Stanley indeed invested in the decentralized AI project Worldbrain, though the exact amount of the investment has not been publicly disclosed. This strategic move highlights the growing interest in the potential of AI and its role in shaping the future.

*What actually is Worldbrain

(i) A decentralized AI project aiming to create a global, interconnected network of intelligent devices known as DePINs (Decentralized Personal Internet Nodes).

(ii) Each DePIN would act as a node in the network, contributing its processing power and storage capacity to the collective intelligence.

(iii) This collective intelligence could then be used to solve complex problems, make informed decisions, and even power the next generation of AI applications.

* Potential benifits after this funding

(i)More efficient and decentralized data processing.

(ii)Enhanced data security and privacy.
Democratization of access to AI technology.

(iii)Development of new and innovative AI applications.

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#AI #ai #OpenAI

BLACKROCK RAISES 2 BILIIONS IN FUNDS FOR SPOT BTC

BlackRock, a major asset management firm, has reportedly raised $2 billion for a Bitcoin spot exchange-traded fund (ETF). This information comes from Matthew Sigel, the head of digital asset research at VanEck, according to Foresight News.

A spot ETF directly tracks the underlying asset, in this case Bitcoin, and aims to reflect its price on the market. Unlike Bitcoin futures ETFs, which are already available, spot ETFs offer a potentially closer link to the actual price of Bitcoin.

However, it's important to note that this is still just a report and BlackRock has not officially confirmed it. We need to wait for further information from the firm itself.

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#btc #BTCETFSPOT #BTC #ai #BullRun2024.

IT'S COMING 👀 !

Just now six out of 13 who have filed for spot BTC etf have annouced their fees , but the actual date is still yet to be announce .

Approval anticipation heats up- Speculation about a potential January 5th approval for a spot Bitcoin ETF has been running high, contributing to a recent price rebound for Bitcoin. However, some analysts caution against excessive optimism, suggesting approval is more likely between January 8th and 10th.

SEC in final stages- The SEC is reportedly providing final comments to applicants, suggesting issuers will soon file their final forms for approval. Both the 19b-4 and S-1 forms need SEC approval before an ETF can start trading, though an approved 19b-4 is considered the key hurdle.

Other key points:

Institutions' interest wanes slightly: Despite growing enthusiasm in 2023, institutional interest in crypto appears to be cooling slightly as the ETF approval nears.

Bitcoin price rebounds- The anticipation of a spot ETF has buoyed Bitcoin's price, which currently sits above $44,500 after dipping below $41,000 earlier in the week.

BlackRock paves the way for Grayscale LTC ETF: Grayscale, a prominent crypto asset manager, may be able to convert its Litecoin Trust into an ETF thanks to BlackRock's ETF filing.

Market reactions- Mixed reactions continue across the crypto market, with some expecting a major rally from a spot ETF approval while others remain cautious about potential downsides.

Remember, the situation is still fluid and the exact timing of the ETF approval remains uncertain.

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#BTC #btc #spotbtcetf #BlackRockInCrypto #BULLİSH2024

THINGS TO KNOW BEFORE INVESTING IN SLEEPLESS AI

Sleepless AI coin, denoted by AI, has experienced a roller coaster in recent days, reaching an all-time high yesterday, January 4th, 2024, at $1.45, but currently sitting at $1.14, reflecting a 21.7% drop.

Here's a snapshot of its current state:

Price: $1.14 USD

24-hour Trading Volume: $380,796,920 USD

Market Cap: Unavailable due to unreported circulating supply

Rank: Around 9728 (data sources vary)

Things to know about Sleepless AI coin:

Utility Token: AI functions as the native token for the "Sleepless City" play-to-earn game, facilitating various in-game purchases, discounts, and governance participation.

Recent Performance: After a steady climb throughout December, AI surged to its all-time high yesterday but has since corrected sharply. This volatility is not uncommon for smaller altcoins.

Before considering any investment in AI:

* Understand the fundamentals of Sleepless City and the utility of the AI token within the game ecosystem.

Understand the risks: Cryptocurrencies are notoriously volatile, and investing in smaller altcoins like AI carries higher risks.

Invest conservatively: Only invest what you can afford to lose, and diversify your portfolio to mitigate risk.

I hope this information helps you understand Sleepless AI coin better. Remember, the crypto market is ever-evolving, and staying informed is crucial for making informed decisions.

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#AI #SleeplessAI #MemeCoinRevolution #CryptoJoke #ToTheMoon2024

BLACKROCK ETF APPROVAL 🧐

As of today, January 5, 2024, BlackRock's spot Bitcoin ETF has not yet been approved by the U.S. Securities and Exchange Commission (SEC). However, there are significant developments and predictions that it could happen soon:

Recent Actions and Predictions:

Updated Filings: BlackRock, along with other ETF issuers like Bitwise, Valkyrie Investments, and Fidelity, submitted updated applications for spot Bitcoin ETFs by December 29, 2023.

Market Awaits Decision: Analysts like Elliott Stein and James Seyffart of Bloomberg Intelligence believe approval is "inevitable," though the timing remains uncertain.

Potential Date: Reuters reported on December 21st that the SEC might make a decision on several spot Bitcoin ETFs on January 2nd or 3rd, 2024. However, this date passed without any announcement.

BlackRock's Model: Their revamped ETF model addresses investor protection, transaction costs, and operational efficiency, potentially paving the way for broader institutional adoption.

The Significance of Approval:

Institutional Access: BlackRock's ETF, backed by the world's largest asset manager, could significantly increase institutional exposure to Bitcoin.

Precedent for Others: Approval could open the door for other pending applications, like those from ARK Investment and Grayscale.

Market Impact: Increased availability and legitimacy could boost Bitcoin's price and attract more investors.

Current Status:

While speculation runs high, we still await the SEC's official decision. It's crucial to remember that regulatory decisions can be unpredictable, and delays are always possible.

#blackrockethetf #BTCETFSPOT #BTC #BlackRockCrypto #coming

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Short Term analysis for $BTC

Resistance -45200
Support - 42400

🙏Cryptomarket is very volatile and unpredictable , so manage your risk management and trade at your own risk.

#btc #BTC!💰 #ShortTermTrading

SOME POSSIBILITIES IF THE $BTC ETF GETS APPROVE

We can see #BTC could experience a significant surge in value, driven by increased adoption, positive news, or a major breakthrough in the blockchain industry, but in the mean time where there is positive we can have a negative view too so always remember the cryptocurrency market is influenced by various factors, including global events, regulatory developments, and investor sentiment. It's always a good idea to stay informed and consult with financial experts before making any investment decisions.

Soon analysis for short term will be share , so do follow for latest updates

#BTC #etf #SpotBitcoinETF

MEME (#meme coin) 👀

This meme coin has its unique thoughts rather then anyother meme coins it clearly defies itself as fully a meme coin with no real uses , but why #binance is supporting this coin , know it at my article section for #meme coin.

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#meme #binance