It's fun how we've gone from "Bitcoin is worthless" to "Why would we promote an alternative to the dollar".
Congrats to $BTC - the first worthless asset to scare the crap out of everyone.

Again, why does the Global Hegemon with seigniorage power want to promote an alternative to the Dollar? Having the world’s reserve currency is one of the major positive offsets to running trade deficits, costs of policing the sea lanes, etc. Borrowing to buy crypto is insane. x.com/deitaone/statu…

James Chanos

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Bithumb, one of South Korea's largest cryptocurrency exchanges, has just shaken the market with a serious internal incident related to the distribution of rewards...

A Bithumb exchange employee accidentally 'gifted' 2,000 Bitcoin to a user, causing the price of BTC on the exchange to suddenly drop by 10%.

BitMEX co-founder Arthur Hayes wrote that the recent Bitcoin crash may stem from traders' concerns about IBIT (BlackRock) […]
The article, "Arthur Hayes Speculates on BTC Crash Cause: 'Institutional Hedging Operations': IBIT Options Explode $900 Million," was originally published on BlockTempo, the most influential blockchain ABMedia media.

Arthur Hayes speculates that the reason for the BTC crash is "institutional hedging operations": IBIT options saw a surge of $900 million.

Bitcoin ($BTC) has recently gone through a sudden shift on Bithumb, a well-known South Korean crypto exchange. In this respect, the $BTC/KRW trading abruptly plummeted over 10% below the worldwide ave...