SEOUL, Feb 7 (Reuters) - 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 the exchange. Bithumb apologised for the mistake, which took place ‌on Friday, and said it had recovered 99.7% of the 620,000 bitcoins, worth about $44 billion at current prices. It had restricted trading and withdrawals for the 695 affected customers within 35 minutes of the ⁠erron ...

Wealthy Families Are Worried About Geopolitics. But They Aren't Rushing to AI, Crypto, or Gold - Barron'sSkip to Main ContentThis copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com.# Wealthy Families Are Worried About Geopolitics. But They're Not Rushing to AI, Crypto, or GoldBy ...

$70,016.77#Bitcoin https://t.co/8D7aLYsm2l ...

So you're telling me, even large non crypto entities believe in 'making it all back in one trade?'Dean Eigenmann (@DeanEigenmann):was sent a pretty in-depth report on what's driving the crypto unwind. the short version: a large non-crypto entity likely based in HK was running JPY carry trade funding into leveraged IBIT options + Binance positions + precious metals. Oct 10 blew a hole in the balance sheet ...

Group 1 - Robinhood's stock is closely aligned with Bitcoin's price, raising concerns about its reliability as a store of value and hedge against inflation due to Bitcoin's recent decline [1] - The cryptocurrency is viewed as a speculative asset, losing its appeal as it plummets in value, which may affect Robinhood's reputation [2] - The performance of companies like Verdive, which produces power and cooling equipment for data centers, is uncertain and may depend on market sentiment [3] Group 2 - McDonald's is facing challenges due to beef prices but is expected to regain value, especially with tariff cuts on Argentinian beef potentially benefiting the company [3] - Texas Roadhouse's stock performance is under scrutiny, particularly in comparison to T-Mobile, which is experiencing slower growth [4]

🚨 🚨 🚨 🚨 🚨 🚨 🚨 🚨 🚨 🚨 385,841,809 #USDC (385,957,368 USD) transferred from unknown wallet to unknown wallethttps://t.co/gAll7nOh40 ...

🚨 🚨 🚨 🚨 40,000 #ETH (82,852,108 USD) transferred from #Binance to unknown wallethttps://t.co/7ndUaYcYOt ...

Renowned economist Nouriel Roubini argued that the future of money won’t be shaped by cryptocurrency, highlighting the ongoing crash in Bitcoin (CRYPTO: BTC) and other leading tokens. Bitcoin Failed As ‘Digital Gold,’ Notes Roubini In a Project Syndicate op-ed titled “The Coming Crypto Apocalypse,” Roubini said that many people were upbeat after President Donald Trump took office, given his pro-cryptocurrency stance. They had anticipated Bitcoin to emerge as the “digital gold”, with its value hitting at ...

Core Insights - Bitcoin's closing price has decreased over 15% this week, reaching its lowest level since November 2024, and is down approximately 14% year-to-date, sitting around 39% below its record close from October 2025 [1] - Ether's closing price has dropped over 25% this week, hitting its lowest level since May of last year, and is currently down about 25% year-to-date, approximately 54% below its record close from August 2025 [1] - XRP, launched in 2012, was once among the larger cryptocurrencies but has seen its market position affected by the emergence of new coins [1] Bitcoin - Bitcoin is recognized as the world's first cryptocurrency and decentralized digital currency, with its first transaction occurring in early 2009 [1] - The cryptocurrency is often viewed as volatile but also exhibits resilience [1] Ether - Ether operates on the Ethereum blockchain platform and was launched in July 2015, holding the second largest market share among cryptocurrencies [1] XRP - XRP is owned by Ripple and was launched in 2012, previously ranking as one of the larger cryptocurrencies [1] Comparative Analysis - An index has been created to chart Bitcoin, Ether, and XRP together, utilizing a logarithmic scale to illustrate relative percentage changes and long-term growth rather than absolute price fluctuations [1] - As of the time of writing, Bitcoin is leading in terms of price changes since November 9, 2017 [1] ETF Developments - On January 10, 2024, the SEC approved spot Bitcoin ETFs from various issuers, including Grayscale Bitcoin Trust ETF and iShares Bitcoin Trust [1] - On July 23, 2024, several spot Ether ETFs were launched from issuers such as Grayscale Ethereum Trust and Franklin Ethereum ETF [1]

Bitcoin is often misunderstood. That’s why @btcmag_nl is launching 21 DAYS together with @treasury_btc.✓ A free, Europe-focused Bitcoin course✓ No hype, no ads, no price predictions✓ 21 short lessons. 5 minutes per daySign up 👉 https://t.co/K4jHQHaLy1 https://t.co/fwsNWdN787 ...