[SERIOUS] We (the mod team) do not take fake news lightly and are discussing how to rectify the situation moving forward.

Hello everyone. For those of you who may have been absent for the past two hours and saw the bitcoin price swing wildly without explanation, well here it is:
1. Cointelegraph tweeted (without posting a source) that a bitcoin spot ETF had been approved.
2. Another source came out that disproved this.

All the events that took place in one nice quoted tweet: https://imgur.com/a/iMk0uZC

We at the mod team for /r/CC are discussing how to approach this moving forward. Technically speaking, this was a tweet, this was not a news story published by Cointelegraph.

However, this is not the first time we have encountered false (news?) reports from Cointelegraph. In 2021 they made a false news report on a bitcoin double spend taking place, and that caused the price to fall significantly: https://archive.ph/dNrMc

The problem is that larger, more established, non-crypto media sources will listen to what Cointelegraph says, treat it as true, and then take the news and run with it so they can get their own clicks.

We have a responsibility to ensure that news shared here is factually correct. The problem is, Cointelegraph didn't make a news story about this, they simply made a tweet. We are still discussing internally, what, if any action is to be taken.

EDIT: this is a story that is still unravelling - https://twitter.com/cointelegraph/status/1713925876969017792?s=46&t=dzw4iQKz1eTctrlfJ4VQWw