The regulatory greenlight has been anticipated for several months and the price of bitcoin has jumped about 70% since October.
In a twist perhaps appropriate for the unpredictable crypto industry, a fake tweet from the Securities and Exchange Commission’s account on X Tuesday stated that trading of bitcoin ETFs had been approved.
It had not.
The price of bitcoin swung higher, and then sank when the SEC said no approval had been granted and its account had been hacked.
Here are some things to know about bitcoin ETFs.
WHY ALL THE EXCITEMENT OVER A BITCOIN ETF?
An exchange-traded fund, or ETF, is an easy way to invest in something or a group of things, like gold or junk bonds, without having to buy the things themselves. Unlike traditional mutual funds, ETFs trade like stocks, which means they can be bought and sold throughout the day.
Bu hikaye Techlife News dergisinin January 13, 2024 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Giriş Yap
Bu hikaye Techlife News dergisinin January 13, 2024 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Giriş Yap
Passwords - HowIOS 18 elevates digital security with the new app
How IOS 18 elevates digital security with the new app. Password managers and the recent emergence of Passkeys represent two critical stages in online security. With iOS 18, Apple plans to make it easier for users with the launch of a dedicated Passwords app. Let’s delve into digital authentication’s history, improvements, and future, focusing on Apple’s efforts to enhance user security and simplify the process.
US SHOPPERS SHARPLY BOOSTED SPENDING AT RETAILERS IN JULY DESPITE HIGHER PRICES
Americans stepped up their spending at retailers last month by the most in a year and a half, easing concerns that the economy might be weakening under the pressure of higher prices and elevated interest rates.
TARGET'S FOCUS ON LOWER PRICES IN THE GROCERY AISLE START TO PAY OFF AS COMPARABLE STORE SALES RISE
Target's comparable sales rose for the first time in a year as grocery aisle deals for cash-strapped customers began to pay off.
YEP. THEY'RE BACK! 'ALIEN: ROMULUS' INTRODUCES NEXT-GEN XENOMORPH FOE CAILEE SPAENY
\"In space, no one can hear you scream,\" went the tagline for the original \"Alien\" in 1979, a terrifying thought on multiple levels.
THE INTERNET'S LOVE FOR 'VERY DEMURE' CONTENT SPOTLIGHTS WHAT A VIRAL TREND CAN MEAN FOR CREATORS
It's not just you. The word \"demure\" is being used to describe just about everything online these days.
META KILLS OFF MISINFORMATION TRACKING TOOL CROWDTANGLE DESPITE PLEAS FROM RESEARCHERS, JOURNALISTS
Facebook and Instagram parent Meta Platforms has shut down CrowdTangle, a tool widely used by researchers, watchdog organizations and journalists to monitor social media posts, notably to track how misinformation spreads on the company's platforms.
17,000 AT&T WORKERS IN SOUTHEAST STRIKE OVER CONTRACT NEGOTIATIONS
More than 17,000 AT&T workers in nine states across the Southeast are on strike after accusing the company of unfair labor practices during contract negotiations this summer.
AUTHORS SUE CLAUDE AI CHATBOT CREATOR ANTHROPIC FOR COPYRIGHT INFRINGEMENT
A group of authors is suing artificial intelligence startup Anthropic, alleging it committed \"largescale theft” in training its popular chatbot Claude on pirated copies of copyrighted books.
CISCO CUTS THOUSANDS OF JOBS, 7% OF WORKFORCE, AS IT SHIFTS FOCUS TO AI, CYBERSECURITY
Cisco Systems is planning to lay off 7% of its employees, its second round of job cuts this year, as the company shifts its focus to more rapidly growing areas in technology, such as artificial intelligence and cybersecurity.
A NEW SETBACK HITS A BOEING JET: US WILL REQUIRE INSPECTION OF PILOT SEATS ON 787S
Federal safety officials are requiring inspections of cockpit seats on Boeing 787 Dreamliners after one of the jets went into a dive when the captain's seat lurched forward without warning and disconnected the plane's autopilot system.
