Crypto Firm Accidentally Sends $44 Billion in Bitcoin to Users

On Saturday, South Korean cryptocurrency exchange Bithumb faced a significant blunder, accidentally distributing over $40 billion worth of Bitcoins (CRYPTO: BTC) to customers during a promotional event. The exchange initially intended to give small cash rewards of 2,000 Korean won ($1.40) or more to each user, but instead, winners...
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Bitcoin Price Unlikely To See A 77% Drawdown Again – Bitwise CIO

The Bitcoin price has been on one of its worst runs in recent years, falling by double digits over the past week. While the premier cryptocurrency seems to be recovering well over the past day, the single-day 14% correction — on Thursday, February 5 — is an occurrence that...
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Robert Kiyosaki Faces Backlash Over Contradictory Bitcoin Buying Claims

The author of the Rich Dad Poor Dad best-seller came under fire recently after making some interesting yet highly controversial comments about when he allegedly stopped buying certain assets, including BTC. The question many community members asked was – Is he lying now, or has he been deceitful for...
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Bitcoin Price Crash: VanEck Analyst Explains What Triggered the Drop

Last week, Bitcoin (CRYPTO: BTC) experienced a significant drop, plummeting to a low of $60,000, marking a 19% decline. The downturn is attributed to multiple factors, including massive deleveraging and miners being forced to sell, rather than a single catastrophic event. According to reports, futures open interest has dropped...
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