In a recent turn of events, the cryptocurrency market witnessed a whirlwind of activity following an erroneous announcement regarding the approval of BlackRock’s Bitcoin Exchange Traded Fund (ETF). The misinformation, which quickly spread like wildfire, led to a sharp spike in Bitcoin’s price from $27,900 to $30,000, showcasing the hypersensitivity of the crypto market to regulatory news. The fake news surfaced on various social media platforms and crypto-centric news outlets, which reported the supposed approval of BlackRock’s Bitcoin ETF by the U.S. Securities and Exchange...