South Korea Probes Bithumb After $43B Bitcoin Error
South Korea’s Financial Supervisory Service launched a formal investigation into Bithumb following a $43 billion Bitcoin “fat-finger” mishap during a promotional event.
South Korea’s Financial Supervisory Service launched a formal investigation into Bithumb following a $43 billion Bitcoin “fat-finger” mishap during a promotional event.
US spot Bitcoin ETFs attracted $145 million in new inflows as Bitcoin hovered near $70,000, adding to signs that institutional selling pressure is easing.
Bernstein analysts maintained a $150,000 Bitcoin target for 2026, arguing the recent sell-off reflects a confidence shock rather than structural market stress.
Michael Saylor’s Strategy added $90 million in Bitcoin as prices traded below the company’s average acquisition cost, reinforcing its long-term accumulation approach amid market volatility.
Bitcoin miner Cango sold $305 million in BTC to repay debt and strengthen its balance sheet as it pivots toward AI and high-performance computing.
South Korea’s Financial Supervisory Service is launching targeted investigations into high-risk trading tactics and price manipulation.
Bitcoin mining difficulty fell more than 11% in a single adjustment, marking its steepest decline since China’s 2021 mining crackdown.
Bitcoin fell below $71,000 during Asian trading as a global selloff in technology stocks intensified risk aversion across markets.
Bhutan transferred another $22 million in Bitcoin to a market maker as declining prices and rising mining costs pressure its state-backed crypto strategy.
The Coinbase Premium has dropped to its lowest level since late 2024, signaling weakening institutional demand for Bitcoin amid broader market stress and ETF outflows.
US spot Bitcoin ETFs slipped below $100 billion in assets after $272 million in daily outflows, extending year-to-date losses amid market volatility.
US spot Bitcoin ETFs recorded their largest inflows in weeks as investors added exposure despite Bitcoin trading well below recent highs.
Arizona’s attorney general issued a public warning as losses from crypto ATM scams surged, with older adults accounting for a large share of victims.
GameStop moved its entire Bitcoin position to an institutional exchange as CEO Ryan Cohen signaled that acquisitions now outweigh crypto on the company’s balance sheet.
Bitcoin fell to its lowest level since April 2025 as a cross-asset sell-off impacted cryptocurrencies, commodities, and equities, signaling heightened risk-off sentiment.