Bitcoin won over Wall Street and is now paying the price

Wall Street’s embrace of Bitcoin was supposed to bring stability. Instead, it created a new vulnerability: dependence on American money that is now declining.Since October 10, approximately $8.5 billion has flowed out of US-listed Bitcoin exchange-traded funds. Exposure to futures on the Chicago Mercantile Exchange has fallen by about two-thirds to about $8 billion since […]

Crypto company accidentally sends $40 billion worth of bitcoin to users

A South Korean cryptocurrency exchange apologized Saturday after accidentally transferring more than $40 billion worth of bitcoin to users, briefly sparking a selloff on the platform.Bithumb said it accidentally sent 620,000 bitcoins, currently worth more than $40 billion, and blocked trading and withdrawals for the 695 affected users within 35 minutes after the error occurred […]

Bitcoin drops more than 2% in one day after AI, tech stocks fall on weak US earnings; monthly crypto decline extends to 10%

Bitcoin has fallen more than 2% in the past 24 hours after a sell-off in AI-focused and technology stocks due to weak US earnings, and the cryptocurrency’s monthly decline has extended to more than 10%. The cryptocurrency registered at the $90,356 level.Over the past 24 hours, Bitcoin fell 2.32% and Ethereum fell 4.88% to trade […]

Bitcoin hits a seven-month low, falling below $82,000. What’s next for investors?

Bitcoin fell to a seven-month low and came dangerously close to the $80,000 mark, a level below which analysts believe the cryptocurrency could face much bigger losses. The world’s largest digital asset fell to $80,553, while ether fell to a four-month low, as cryptocurrencies led a broader retreat from riskier assets amid growing concerns about […]

Rich Dad Poor Dad author Robert Kiyosaki’s latest move involves selling Bitcoin. What is your ‘Get Rich’ plan?

Robert Kiyosaki has never been shy about championing avenues for wealth building, and his latest post is another example of the Rich Dad Poor Dad author showing exactly how he puts his philosophy into practice.In a detailed With that money, Kiyosaki says he is now purchasing two surgery centers and investing in a billboard company. […]