Wall Observer BTC/USD - Bitcoin price movement tracking & discussion

[Crypto Library]

Finally?
JUST IN: CBOE SAYS SPOT #BITCOIN ETFS "WILL BEGIN TRADING" TOMORROW 🚀

[jojo69]

[BreachOfEuphoria]

From:

Code:

https://www.coindesk.com/policy/2024/01/10/bitcoin-etf-confusion-abounds/

"If the Commission declares a registration statement effective, that is reflected on EDGAR," an SEC spokesperson told me last week. "Any Commission 19b-4 orders will be posted on our website and then published in the Federal Register."

This will probably happen somewhere between 4 p.m. ET (21:00 UTC) and 5:30 p.m. ET (22:30 UTC). Bloomberg Intelligence's Eric Balchunas set a range from 4-6 p.m. Either way, that's the magic window.

It's going to be very exciting too see what the SEC decides. Our unprogressive country (in regards to cryptocurrency) and tax institution really could need a push from overseas.

[Hazink]

Finally?
JUST IN: CBOE SAYS SPOT #BITCOIN ETFS "WILL BEGIN TRADING" TOMORROW 🚀

Yea this is true but the possibility of them being active for trade tomorrow will be base on it the SEC will make the news official or proceed with a little further delay again…

[philipma1957]

Finally?
JUST IN: CBOE SAYS SPOT #BITCOIN ETFS "WILL BEGIN TRADING" TOMORROW 🚀

Yea this is true but the possibility of them being active for trade tomorrow will be base on it the SEC will make the news official or proceed with a little further delay again…

we passed the ETF officially?

[estenity]

Finally?
JUST IN: CBOE SAYS SPOT #BITCOIN ETFS "WILL BEGIN TRADING" TOMORROW 🚀

Yea this is true but the possibility of them being active for trade tomorrow will be base on it the SEC will make the news official or proceed with a little further delay again…

we passed the ETF officially?

direct access to 6 ETF circulars for tomorrow:

https://nitter.net/ETFhearsay

waiting for the SEC confirmation

https://www.sec.gov/cgi-bin/browse-edgar?action=getcurrent

[fillippone]

Observing 46,050@Stamp

Bitcoin spot ETF approved by the SEC
BTC


CCMF!



Gentlemen, we are part of the wealthy elite that front-ran Blackrock, Fidelity and the other Big Swinging Dicks on Wall Street.

 Hodl!

[BitcoinBunny]

🚨🚨🚨 JUST IN: JUSTIN Bieber is changing his name to Frank Bieber as he is sick and tired of his name being mistaken for a nonsense BTC emergency message.

[philipma1957]

and I am just about ready to concede my battle to buddy.


so false report yesterday and this below all done for you last shot at a bargain price.


https://decrypt.co/212325/bitcoin-has-no-value-jp-morgans-jamie-dimon

‘Bitcoin Has No Value’: JP Morgan’s Jamie Dimon Says as Market Awaits ETF


speak out of the side of his mouth while blackrock is working with his company.


at buddy let us see what the fuck you can do today.

[BitcoinBunny]

[Greyhats]

This flashed up on r bitcoin

https://web.archive.org/web/20240110204508/https://www.sec.gov/files/rules/sro/nysearca/2024/fg-89shlq.pdf

Looks like it got removed though so not sure tbh

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[Paashaas]

[Hhampuz]

All but a formality now, calling $60k by Sunday.

[philipma1957]

All but a formality now, calling $60k by Sunday.

Good and buddy will get to pass me today on ETF day.

very fitting.

I am laddered up til 70100

would be nice to see all small points sell off

[OgNasty]

Lots of volume now that the ETF is officially approved...  The price hasn't moved much though.  People appear to be making their bets at the moment.  While the big traders have probably already done what they were going to do, a lot of people won't find out about this news until tonight when they watch the news or even tomorrow when they read the paper or listen to their morning news on the way to work.  I think tomorrow will be telling on how the market feels about this.  If we do manage to get over $52K on this news, it will be off to the races.  Buckle up!

[Hazink]

Finally?
JUST IN: CBOE SAYS SPOT #BITCOIN ETFS "WILL BEGIN TRADING" TOMORROW 🚀

Yea this is true but the possibility of them being active for trade tomorrow will be base on it the SEC will make the news official or proceed with a little further delay again…

we passed the ETF officially?

Yes indeed it’s finally officially now as many predicted it to be… 🤗🤗

All the wait and delay was not for waste it’s worth it.

[darkangel11]

Congratulation guys! It's a small step for the normies, but a large step for bitcoiners
As for low volume, I feel like people got spooked yesterday and those who had longs and got liquidated did not set them back up today.
It's so easy to get flushed when you play with leverage. Only the strong survive in the end.

[vapourminer]

* achievement unlocked *

[OgNasty]

Now that we have the ETF approval, the only real thing we're waiting for is the Mark to Market rules to go in effect.  While companies can start marking their BTC holdings to market prices now (instead of using quarterly lows that would hurt their balance sheet) the official rules don't go into effect until 2025, so I would imagine more conservative companies will be waiting until then before they start accumulating BTC.  It's all happening though.  Halving, mark to market, corporate accumulation...  Once the US Government and mtgox get their BTC out on the market there will be no gravity left pulling down on the rocket to the moon.