DDYNS

Why is this false information making everyone so excited? Because this will open up Bitcoin and even cryptocurrencies as a whole to more mainstream adoption, institutional investment, better liquidity, etc. There is no doubt that the fabricator of the false information must have known about it, guessed how the market would react, and may have made some kind of bet before it happened. Based on this, this case may be labeled as "market manipulation." Whether this is a team hoping to profit from the market’s knee-jerk reaction, a deliberate move by traders on Telegram, or a mistake by a Cointelegraph intern is still unclear, and Cointelegraph is still investigating. Regardless, this incident raises concerns about the authenticity of crypto news sources, and SEC Chairman Gary Gensler must have taken notice and may view this story as an example of potential market manipulation in the field, thus giving a Spot ETFs come with a certain degree of difficulty. However, there is no need to be completely discouraged. The outcome of things is often what people want. The passage of ETF will change the rules of the game for the legalization of cryptocurrency in the United States. It will reduce the operational risk of holding BTC, comprehensively improve the level of cryptocurrency education, and provide a solid foundation for the future. Paving the way for the addition of products such as spot ETH ETFs. Regarding crypto news, please remain cautious in the future, because this incident may be the beginning of speculators.