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•Based on our investigations, the post was not published due to any breach of X’s systems, but rather because an unknown person took control of a phone number linked to the SEC’s account through a third party,” •Bitcoin prices rose after the unauthorized post, but quickly fell below $46,000 after the SEC clarified that it had not yet approved a Bitcoin exchange-traded fund. It is trading at around $45,685, down about 2.3% in the last 24 hours. •An SEC spokesperson told CNBC that the unauthorized tweet regarding bitcoin ETFs was not made by the SEC or its employees. •A post published on social media said that the regulatory body approved the trading of Bitcoin ETFs, which was denied by the Chairman of the Securities and Exchange Commission, Gary Gensler. •The market expects the regulator to give the green light to Bitcoin exchange-traded funds. The SEC is expected to act on it this week after opposing the idea for years. •Gensler has pursued cryptocurrencies during his tenure, with the SEC taking legal action against exchanges like Coinbase and Ripple, accusing both of them of selling unregistered securities. •Market Volatility and Position Liquidation Meanwhile, price fluctuations following a series of fake tweets from the SEC's X account caused the liquidation of approximately $90 million worth of long and short positions in Bitcoin, exposing manipulation risks associated with the industry. •However, gamblers and automated bots quickly reacted to the tweets. The data shows that more than $500 million in futures positions were opened in the ten-minute period after the initial publication. But the highly leveraged positions took a hit as prices fell, with about $50 million worth of long trades liquidated while $36 million worth of short trades were affected. •Liquidation refers to exchanges forcibly closing a leveraged trader's position due to partial or total loss of the trader's initial margin. This occurs when a trader is unable to meet the margin requirements for a leveraged position (failing to obtain sufficient funds to keep the trade open). •Such data is useful to traders because it serves as an indication that leverage is effectively being eliminated from popular futures products – acting as a short-term indicator of declining price volatility. •A decision on thirteen proposed bitcoin exchange-traded funds is expected on Wednesday, with Bloomberg analysts putting the odds of approval at more than 90% and bettors on the cryptocurrency market at a relatively smaller 85%. $BTC #Stay tuned More breaking news •#salemhamidi

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•As the deadline for the SEC's decision on Spot BTC ETFs approaches. predicts Reggie Brown, head of ETF trading at GTS. Potential premium of 8% for a spot Bitcoin ETF over Net Asset Value (NAV). At the same time, Brown emphasizes the complexity created by the inability of US brokers and traders to trade bitcoin directly, which could cause trading hurdles. •However, despite expectations that liquidity will maintain competitive spreads. Brown anticipates challenges in keeping ETF prices in line with underlying Bitcoin values. •Premiums on Spot Bitcoin ETFs as the SEC's deadline approaches to make critical decisions on Spot Bitcoin ETF applications. Presents industry expert Reggie Brown, Head of ETF Trading at GTS. An overview of the potential challenges investors may face. Brown expects that if approved. These ETFs can trade at a premium of 8% above net asset value (NAV). Driven by regulatory restrictions on spot Bitcoin trading for brokers and traders in the US, Bloomberg reported. •Meanwhile, one of the major hurdles is the SEC's reluctance to allow direct spot trading of Bitcoin by brokers and dealers. This forces them to rely on Bitcoin futures for hedging. This additional layer of complexity raises concerns about keeping ETF prices in line with underlying Bitcoin prices. Which may lead to a significant premium to the net asset value. •Additionally, Brown acknowledges the excitement of the industry but emphasizes the complexities involved. “While we will celebrate today, I think the next morning will bring all the details,” he said. Investors are expected to pour a whopping $2 billion into spot Bitcoin ETFs within the first 30 days of trading. With an expected total inflow of between $10 billion and $20 billion for this year. •What then? Despite potential bonus challenges. Brown asserts that there is sufficient liquidity in the market to keep spreads competitive and tight. In addition, the market making community is poised to provide significant liquidity. This alleviates concerns about the spread width. •Meanwhile, while the cryptocurrency community waits for the SEC's decision. The spotlight remains on industry giants such as Ark Invest, BlackRock, Fidelity, Grayscale, WisdomTree, Franklin Templeton, and Valkyrie. They are all vying for approval. It is worth noting that the huge market potential is underscored by Grayscale Investments' flagship GBTC fund. Nearly half a billion dollars were traded in one day. Which highlights the significant market impact that Spot Bitcoin ETFs can have. #continued More news ⬇️#salemhamidi

•The US Securities and Exchange Commission explained that its account had been hacked, and that Bitcoin ETFs had not yet been approved for listing. •The digital currency market has not witnessed strong changes yet, with Bitcoin settling at a low of $46,105 per coin, a decrease of 1.47%.• It was reported that the authority approved the listing of a Bitcoin exchange-traded fund. •#continued For more breaking news ✅🚀💯#follow To see more news •#salemhamidi

•A new opportunity to earn profits by airdropping his currency for free. over netowrk Total Supply 1 Billion currency project is very strong and the release is in the first quarter of next year. You are only required to download the wallet and perform very easy tasks through which you will obtain points that you can convert to the currency code. The referral code is very important to obtain a bonus of approximately. 1000 points. •You can download the application from Nana 👇👇•https://mobile.over.network/en/invite/36H1616XCH•Invitation code 👉36H1616XCH#salemhamidi

•Standard Chartered expects the value of bitcoin to reach nearly $200,000 by the end of next year if bitcoin exchange-traded funds are approved and become successful in the United States. •The bank based its price forecast on the assumption that between 437,000 and 1.32 million bitcoins will be held in U.S.-listed spot bitcoin exchange-traded funds by the end of 2024. The company estimates this equates to between $50 billion and $100 billion in inflows. •“If ETF-related flows come as we expect, we believe Bitcoin will reach... To $200,000 by the end of 2025.” •Kendrick and Cooper's prediction that the price of Bitcoin will jump to $200,000 means that the price of Bitcoin should increase more than 4 times compared to its current price of $46,600. •Kendrick and Cooper said they view the immediate approvals of Bitcoin ETFs as a “watershed moment” in the history of the popular digital currency. •The banking executives also noted that their latest Bitcoin price forecast is in line with their recent Bitcoin price forecast of $100,000 by the end of 2024. •This comes in conjunction with Bitcoin reducing part of its gains after it exceeded the level of $47,000 during the past few hours, as it now records an increase of about 4% in the last 24 hours to $46,836. •While Ethereum recorded a decline of 0.65% to $2263. •On the other hand, Solana jumped by about 5.5% in the last 24 hours, recording $100. Avalanche also rose by about 4.1% to $35.5 in the last 24 hours, while Ripple fell by about 0.9% to $0.56110. $BTC #continued More breaking news #salemhamidi

•The currency is currently listed and its price is about 5. cents. The currency follows one of the Bitcoin currency projects. The registration method is very easy. After registration, you get daily points by linking the wallet to the site and following the currency on Twitter. Also, for every referral you get 10 points daily. Airdrop is real and very popular on social media. Link to register at Website 👇👇•https://app.brcapp.com/account/sign-up?r=salemhamidi The currency contract on the BNB Smart Chain network 👇👇•0x455ad1Bc4E18fD4e369234b6e11D88acBC416758 #stay tuned More ✅#salemhamidi