January 9, 2024 9:55 PM | 2 min read
Options 101: The Beginner’s Guide
Want to become an options master? In his free report, options expert Nic Chahine will give you access to the four bulletproof tips for beginners, the secret to scoring 411% gains with options, and his time-tested “plan” for success. Grab your free copy of Options 101: The Beginner’s Guide ASAP.
Elon Musk, on Tuesday evening, took a jab at the Securities and Exchange Commission after the regulatory authority’s account falsely tweeted about approving the Bitcoin (CRYPTO: BTC) Spot Exchange-Traded Funds (ETFs).
What happened: Musk had not remarked on Dogecoin (CRYPTO: DOGE) for an extended period before this incident.
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In response to a post pondering the SEC’s X password, Musk replied with “LFGDogeToTheMoon. It should be noted that “DogeToTheMoon” is a popular phrase in the cryptocurrency community that signifies the hope or belief among Dogecoin enthusiasts that the price of Dogecoin, which started as a meme-based cryptocurrency, will increase significantly.
Earlier on Tuesday, the compromised account had disseminated a tweet, complemented by a photo of SEC Chairman Gary Gensler, claiming the sanction of Bitcoin ETFs.
See More: Dogecoin HODLERs Are Beating Shiba Inu With 57% Landing In Profits, IntoTheBlock Data Reveals
Why It Matters: The misleading message was accessible for around half an hour before it was retracted and substituted with a corrective message from the SEC.
The SEC acknowledged that its account on X experienced a security breach this Tuesday. “The @SECGov X account was compromised, and an unauthorized post was posted. The SEC has not approved the listing and trading of spot bitcoin exchange-traded products.”
Last December, crypto devotees might have felt a tinge of disappointment following a conversation hosted by X Spaces that featured Cathie Wood of Ark Funds and Musk. Addressing his engagement with cryptocurrencies, Musk disclosed, “I don’t spend a lot of time thinking of cryptocurrency.”
Price Action: At the time of writing, DOGE was trading at $0.080, down 0.04% in the last 24 hours, according to Benzinga Pro.
Image Via Shutterstock
Read Next: Here’s How Much You Should Invest In Shiba Inu Today For A $1M Payday If SHIB Hits 1 Cent?
Options 101: The Beginner’s Guide
Want to become an options master? In his free report, options expert Nic Chahine will give you access to the four bulletproof tips for beginners, the secret to scoring 411% gains with options, and his time-tested “plan” for success. Grab your free copy of Options 101: The Beginner’s Guide ASAP.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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