Business
A major mistake at a South Korean cryptocurrency exchange briefly turned hundreds of users into multi-millionaires. The platform, Bithumb, accidentally gave away more than $40 billion worth of bitcoin to its customers due to a system error. The incident happened on Friday, 6 February, when Bithumb planned to reward
Business
Bitcoin took another heavy hit on Friday as its price dropped below $84,000, marking one of its worst monthly performances in recent years. The fall has shaken investors and added more fear to an already weak crypto market. The decline began soon after Bitcoin reached its peak last month.
Featured
Bitcoin, the world’s most popular cryptocurrency, is facing a nearly 5% drop this month, marking a tough end to October for the digital asset. After weeks of strong performance, uncertainty in global markets and cautious investor behavior have caused Bitcoin’s value to slip. At the start of October,
Insights
The cryptocurrency market, particularly Bitcoin (BTC) and Ethereum (ETH) has been witnessing fluctuations due to various factors impacting investor sentiments. Speculations about the US Federal Reserve slowing down interest rate hikes initially sparked hopes of recovery for Bitcoin. However, with the recent revelation of low unemployment rates in the US,
Technology
Bitcoin's recent bullish rally to over $31,800, driven by optimism surrounding ETF approvals and legal victories, has faded as the cryptocurrency struggles to reclaim the $30,000 level. Despite the short-term weakness, on-chain movements and empirical data suggest that the bear market may be subsiding.