Bitcoin skyrockets on false ETF news, Blackrock CEO sees ‘pent up interest’

A fake report claiming BlackRock’s application for a Bitcoin ETF was approved triggered a 10% surge in Bitcoin’s price. The unfounded assertion was made by crypto news outlet Cointelegraph, sparking a wave of excitement across social media. However, both BlackRock and the Securities and Exchange Commission (SEC) debunked the rumor, and Cointelegraph subsequently retracted the […]

Cointelegraph apologizes for spreading false news about Bitcoin ETF

Cryptocurrency news outlet Cointelegraph has publicly apologized for sharing unverified information concerning a spot Bitcoin ETF by BlackRock. As reported by Cointelegraph, during routine coverage, its social media team posted a message without prior editorial approval. The message falsely claimed that the United States Securities and Exchange Commission had approved BlackRock’s iShares spot Bitcoin exchange-traded […]