Man sues local council for $647M over lost BTC, quantum computers threaten crypto
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The weekend didn't have much to offer in the way of Bitcoin price action until late last night, when we saw such rapid gains that it liquidated over $100M in short positions. Outside of Bitcoin, BNB onchain activity tanks 37% in a week, scientists breach crypto algorithms with quantum computers, an AI bot causes a memecoin to go parabolic and a man who lost half a billion dollars of BTC in a landfill is suing the council for $647M in damages!Further reading:Crypto short liquidations breach $1...
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It has been a tumultuous 24 hours for Bitcoin, which nearly dropped out of the $90K range as long-term holders took huge profits. But, it seems, primarily "long-term holders" in a technical sense, as the real veterans are as diamond-handed as ever. And for good reason, because it seems the recent...
Published 11/27/24
The past 24 hours have not been pleasant for Bitcoin, seeing its value fall $5,000 over the course of the Nov. 25 daily candle as well as the biggest day of spot Bitcoin ETF outflows since the US election. The focus has shifted to the local floor and what will happen if the price drops below it....
Published 11/26/24
Published 11/26/24