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October 13, 2023
According to an insider, the U.S. Securities and Exchange Commission (SEC) has decided not to challenge a recent court judgement. This judgement declared that the SEC had made a mistaken decision in refusing Grayscale Investments' application to establish a spot bitcoin exchange-traded fund (ETF). 
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According to an article on CoinTelegraph, Bitcoin did not reach $100,000 during the 2021 bull market due to the assertion that the now-defunct exchange FTX continuously offloaded BTC.
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