Fake ETFs, Reddit Axes ETH, and BTC Buffet
Bitcoin Ethereum Fake ETFs, Reddit Axes ETH, and BTC Buffet 50 segundo ang nakalipas Balita ng Ethereum ng Bitcoin Crypto news: Last week in the crypto world was a rollercoaster ride, featuring a flurry of rumors, retractions, and a significant market shakeup. The week was dominated by news of a potential BlackRock iShares Bitcoin spot Exchange Traded Funds (ETF) approval, which sent the price of Bitcoin (BTC) on a wild ride. In what may be a sign of things to come, Bitcoin rallied on rumors of a fake Bitcoin ETF approval, only to fall sharply after its would-be issuer, BlackRock, refuted the story. Italian carmaker Ferrari launched a new Bitcoin payment method, even as Warren Buffett feasts on handsome returns from a crypto-related investment. BlackRock Calms Fake News Bitcoin Frenzy BlackRock, the asset management giant behind the iShares Bitcoin spot ETF, quickly stepped in to rebuff rumors the US Securities and Exchange Commission had approved its application. In a statement to finance journalist Eleanor Terrett, the company confirmed that the news was false. This news sent the crypto markets into a tailspin. The Bitcoin price, which had nearly touched $30,000 on the back of the rumors, started retracing towards the $28,000 level. The volatility triggered by the rumors