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After false SEC post on ETF, bulls still see bitcoin at all-time highs this year
Top players in the crypto industry gathered at a lavish hotel in elegant Swiss ski town St. Moritz ahead of the Wednesday start of the Crypto Finance Conference. Many were at dinners and drinks when a post from the account of the U.S. Securities and Exchange (SEC) on the X social media platform, formerly known as Twitter, on Tuesday claimed that the long-awaited bitcoin exchange-traded fund (ETF) had been approved. It turned out it hadn’t. Instead, the SEC said its account had been compromised. The false news was enough to send bitcoin spiking briefly before falling. It also ruined the celebrations of the crypto ... (full story)