Bitcoin tops $60,000 as investors bet on ETF approval
CNN
Bitcoin prices continued their October surge on Friday, topping $60,000 on hopes that the Securities and Exchange Commission will soon approve a bitcoin futures exchange-traded fund.
Cryptocurrency investors were excited by a tweet from the verified account of the SEC's Office of Investor Education and Advocacy late Thursday that said, "before investing in a fund that holds Bitcoin futures contracts, make sure you carefully weigh the potential risks and benefits."
That appeared to be a tacit admission that the SEC would soon give the regulatory green light to "a fund that holds Bitcoin futures contracts."
A CIA assessment circulated among US officials this week concluded that Israeli Prime Minister Benjamin Netanyahu likely judges he can get away without defining a post-war plan — even as the Biden administration has launched a full-court press to pressure him to bring an end to the conflict in Gaza.