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Tag: bitcoin

09Feb

South Korea flags crypto risks after Bithumb’s $40B Bitcoin giveaway blunder

South Korea's financial market watchdog said on Monday local exchange Bithumb's unintentional giveaway of more than $40 billion in bitcoin to customers raises the need for tougher regulations to address…
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07Feb

Bithumb Glitch Hands Out $40B in Bitcoin, Sparks Exchange Selloff

South Korean cryptocurrency exchange Bithumb said on Saturday it had accidentally given away more than $40 billion worth of bitcoins to customers as promotional rewards, triggering a sharp selloff on…
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02Feb

Bitcoin slides 6.5% to $78,720, extends losses

Bitcoin, the world's largest cryptocurrency by market value, was down by 6.53% at $78,719.63 at ​12:48 p.m. ET (1748 GMT) on Saturday, continuing its decline from the ‌previous session. On…
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30Jan

Bitcoin hits two month low as Fed chair speculation boosts dollar, rattles crypto

Singapore: Bitcoin slumped to a two-month low on Friday as speculation the next chair of the U.S. Federal Reserve might tighten up on cash ​in the financial system hit cryptocurrencies…
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01Jan

Bitcoin heads for first yearly loss since 2022 amid macro pressure

Bitcoin is on track to post its first annual loss since 2022, as macroeconomic pressures and fading momentum weighed on the world's largest cryptocurrency. Despite reaching a fresh record high…
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15Dec

Bitcoin-heavy Strategy holds onto Nasdaq 100 spot despite business model concerns

Bitcoin hoarding giant Strategy clung to its place in the Nasdaq 100 on Friday, continuing its year-long stint in the benchmark at a time where analysts have raised questions over…
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11Dec

Crypto slides as bitcoin falls below $90k amid AI profit worries

Cryptocurrencies tumbled on Thursday and bitcoin fell back below the $90,000 threshold in a renewed signal of market jitters as fresh concerns about artificial intelligence profits weighed on technology stocks.…
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