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Higher Bond Yields Contribute to Bitcoin's Extended Losses
23.8.2023
Bitcoin losses continued today as bond yields continued to rise, causing concern for investors. This downturn has seen the leading digital currency dip below its two-month low of $26,000 for a loss of 0.74% over the past 24 hours.
The drop in Bitcoin's price comes after a challenging week for...
Bitcoin Losses Continue after Binance Quits FTX Deal
10.11.2022
After a sudden turmoil in the FTX exchange, crypto enthusiasts thought Binance would come to the rescue, but Binance officials have announced that it is beyond their control. Binance exchange can’t support FTX customers to provide liquidity on the platform. As a result, the crypto market has been...
Tesla's Bitcoin losses rise to $170M in first 9 months of 2022
24.10.2022
The electric vehicle maker's actual BTC losses are far lower with $64 million worth of previously realized profits to offset the decline
El Salvador’s Finance Minister ‘Laughs off’ Claims of USD 40M Bitcoin ‘Losses’
14.6.2022
El Salvador’s Minister of Finance Alejandro Zelaya says he is “laughing off” international media reports that claim the nation’s bitcoin (BTC) adoption plans could scupper the economy and that they have left a USD 40 million hole in national finances....
Read More: El Salvador’s Finance Minister...
'Bull or bear market?' Bitcoin losses from panic selling mount in 2022
28.1.2022
Curious behavior sees investors selling coins for less than they purchased them for, with Bitcoin still notionally in a bullish uptrend
Teacher ‘Treatened Pupil with Weapon’ After Suffering Bitcoin Losses
17.8.2021
Source: AdobeStock / c_atta
A South Korean school teacher who asked their students to invest in bitcoin (BTC) for them went on to threaten one of their teenaged students with a weapon after token prices began to fall.
Per Chosun, the teacher in question, an unnamed 48-year-old head of a private...
Biggest Heists in Bitcoin History and How They Were Pulled Off
1.6.2019
Bitcoin’s history is rife with hacks and heists, sometimes resulting in six-figure bitcoin losses and businesses going bankrupt, unable to pay their customers back. A new video by Bitcoin.com explores the largest bitcoin heists in history and explains how each one was pulled off. Also read:...