SEC Mishap Triggers $220 Million In Crypto Liquidations A fake tweet from the SEC’s hacked Twitter account claiming approval of Spot Bitcoin ETFs triggered a surge in prices followed by a crash, leading to $220 million in liquidations and losses for 70,000 traders. Long traders suffered the most, with $133.5 million in liquidations compared to … Read more
Valkyrie Bitcoin ETF Gears Up For Wednesday Launch; CIO Foresees Massive $4-5B Inflows Valkyrie Investments co-founder and CIO Steven McClurg is optimistic about the potential approval of Bitcoin ETFs by the US Securities and Exchange Commission (SEC) by January 10th. The company plans to launch its spot Bitcoin ETF, named Valkyrie Bitcoin Fund, with the … Read more
Bitcoin ETF By VanEck To Benefit BTC Core Developers With 5% Profit Donation VanEck, an asset manager seeking approval for a Bitcoin ETF from the SEC, has committed to supporting Bitcoin core developers. They plan to donate 5% of the potential profits from the ETF to Brink, an organization that supports Bitcoin Core developers. This … Read more
