Markets gasped and then settled back down on Tuesday afternoon after the official U.S. Securities and Exchange Commission Twitter account was “compromised” and sent a messaged saying that it “grants approval for #Bitcoin ETFs for listing on all registered national securities exchanges.”
For a brief moment, Bitcoin shot as high as $47,680.10 before settling back down to $46,237.20 at the time of writing, according to CoinGecko.
The @SECGov twitter account was compromised, and an unauthorized tweet was posted. The SEC has not approved the listing and trading of spot bitcoin exchange-traded products.
An interesting question was recently posed to Google Bard on when Shiba Inu’s (SHIB) price would hit $1. In response, the Artificial Intelligence (AI) chatbot provided a speculative timeline for when this could happen and factors that could influence a rise to this price level.
JPMorgan CEO Jamie Dimon’s stance on blockchain technology and Bitcoin has become a focal point in the financial sector.
He recently articulated a clear differentiation between the two. Dimon sees the potential of blockchain technology but remains skeptical of Bitcoin, likening it to a “pet rock.