The US Securities and Exchange Commission suddenly made a major turn! The countdown to the "black swan" event has begun! Bitcoin on-chain transactions surged 62%...
On Friday (December 15) in the Asian market, Bitcoin fluctuated within the range of $43,000, with the Federal Reserve’s “dovish” interest rate cut signal still being the main catalyst. Crypto traders have shown a clear attitude, that is, "reject the noise and continue to be greedy." As the Bitcoin spot ETF black swan event enters the countdown, transactions on the Bitcoin chain surged by 62%. Legendary trader Arthur Hayes emphasized that long Bitcoin is a sure bet before the currency turns around in 2024.
Countdown to the First “Black Swan”: Bitcoin Spot ETF
U.S. Securities and Exchange Commission Chairman Gary Gensler said in an interview on Thursday that the agency’s “new perspective” on the Bitcoin spot ETF application took into account recent court rulings. "We have denied some of these applications in the past, but the D.C. court weighed in on them. So we are revisiting this issue based on the court's ruling," he explained.