Market scam - level expert!
Cointelegraph did a mistake! Oh really!
The news was published in Twitter: "BREAKING: SEC Allegedly Approved Spot Bitcoin ETF BTC Rising!"
BTC pumped for the news , Although the accuracy of the news has not been confirmed, Bitcoin seems to have reacted seriously. And here's the picture proof:
BITCOIN ETF APPROVAL - SOON BUT NOT A FACT YET!
Here are some of the reasons why the SEC has not yet approved a spot Bitcoin ETF:
Concerns about market manipulation. The SEC is concerned that Bitcoin markets are susceptible to manipulation, and that a spot Bitcoin ETF could make it easier for manipulators to manipulate the market.
Concerns about investor protection. The SEC is concerned that a spot Bitcoin ETF could expose investors to unnecessary risks. Bitcoin is a volatile asset, and its price can fluctuate wildly.
Concerns about custody. The SEC is concerned about how Bitcoin would be held in custody for an ETF. Bitcoin is a digital asset, and there is a risk of theft or loss.
The SEC is still studying the issue of Bitcoin ETFs, and it is possible that the SEC will approve a spot Bitcoin ETF in the future. However, it is also possible that the SEC will continue to deny spot Bitcoin ETF applications.
What is fake news - newbie guide
DO NOT BECOME A VICTIM OF FAKE NEWS - BEWARE AND TRIPLE CHECK EACH NEWS, links, articles!
Fake news is false or misleading information presented as news. Fake news is often created and spread deliberately to deceive people and to promote a particular agenda.
Fake news can be spread through a variety of channels, including social media, websites, and email. It can be difficult to identify fake news, as it often looks like real news. However, there are a few things that you can do to help identify fake news:
Check the source. Make sure that the news story is coming from a reputable news source.
Be wary of headlines. Fake news headlines are often designed to grab your attention and to make you click on the story. However, these headlines are often misleading and do not accurately reflect the content of the story.
Read the article carefully. Don't just skim the headline and the first few sentences of the article. Read the entire article to get a complete understanding of the story.
Fact-check the information. If you are unsure about the accuracy of a news story, fact-check the information from other reputable sources.
Here are some examples of fake news:
A news story that claims that a celebrity has died, when in fact they are still alive.
A news story that claims that a new drug can cure cancer, when in fact there is no such drug.
A news story that claims that a political candidate has committed a crime, when in fact there is no evidence to support this claim.
Fake news can be harmful because it can mislead people and cause them to make bad decisions. It can also erode trust in the media and make it difficult for people to find accurate information.
It is important to be aware of fake news and to take steps to identify and avoid it. By being critical of the information that you consume and by fact-checking information from other reputable sources, you can help to protect yourself from being misled by fake news.
Fake news can serve in favour of the source of the news or some corporate, private or other interests.
I don't know about today's case but I see that this huge movement surpassed the imagination of many and for some was a big success, but for others - very bad move - when the market returned in the zone when it stated! BTC has erased almost 100% of the gains it made. Amazing 🤣 $BTC
