Tag: News

Satoshi Nakamoto’s Wealth Takes a 34% Hit as Bitcoin Plummets

Satoshi Nakamoto, the elusive creator of Bitcoin (CRYPTO: BTC), has witnessed a 34% drop in his net worth, which now stands at $90.7 billion. What Happened: Nakamoto’s estimated fortune has plummeted from its October peak of $137 billion. This substantial decline is a result of the ongoing downturn in...
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Crypto Funds Experience Record Outflows: Is A Bear Market Starting?

The total crypto market cap declined by over 10% in the past week as widespread price correction continues among various digital asset classes. In particular, crypto investment funds, i.e, ETFs, have been significantly impacted by this extended price downswing, with institutional investors pulling out deposits in droves.  According to...
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Christine Lagarde Was Asked At Bitcoin Highs How Much She Thought It Was Worth, She Held Firm On ‘Nothing’ — BTC Has Fallen 32% Since Then

European Central Bank President Christine Lagarde has been a long-time critic of Bitcoin (CRYPTO: BTC), and reaffirmed her skepticism recently despite the asset’s growth over the years. Lagarde Repeats Bitcoin Is ‘Worth Nothing’ Appearing on the College Leaders in Finance podcast on Oct. 5, Lagarde was reminded of the...
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