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Because Bitcoin

Bithumb’s 5-Minute Glitch Sent $95B in Phantom Bitcoin to Users, Crashing Its BTC Price to $55K

Bithumb mis-credited 2,000 BTC per user instead of 2,000 won, sparking a $2B sell-off and a plunge to $55K. A five-minute glitch exposes gaps in exchange risk controls.

Because Bitcoin

Bitcoin Rebounds; Strategy, BitMine, and Coinbase Surge as Different Crypto Betas Shine

Crypto stocks rip higher as Bitcoin steadies near $69.5K. Strategy (MSTR), BitMine (BMNR), and Coinbase (COIN) rally on distinct exposure models to volatility, yield, and trading volume.

Because Bitcoin

Record Liquidations Hit Coinbase’s DeFi Loans as Bitcoin and Ethereum Slide

Coinbase users saw $170M in collateral liquidated on Morpho as BTC dropped 17% and ETH 26% this week. Here’s how the product’s design amplified stress—and what borrowers faced.

Because Bitcoin

Bitfarms Rebrands to Keel Infrastructure, Shifts to U.S. and AI Compute as Shares Jump

Bitfarms will become Keel Infrastructure, redomicile to the U.S., and pivot from Bitcoin mining to AI compute. Stock surged ~27%; vote set for Mar 20; KEEL ticker expected by Apr 1.

Because Bitcoin

Bitcoin’s $60K Reset: Capitulation, Cost Bases, and the Path Forward

Bitcoin slid to $60K after a 14% plunge and $2B in liquidations, erasing post-election gains. ETFs saw outflows, miners felt stress, and altcoins sank as capitulation took hold.

Because Bitcoin

Prediction Markets Turn Cautious: Bitcoin Eyes $55K vs $84K, Ethereum $1.5K vs $3K, Seahawks Favored for Super Bowl LX

Myriad odds lean bearish: BTC 68% toward $55K, ETH 71% toward $1,500. Prices hit fresh lows, ETFs see $2.5B outflows, and Seahawks sit at 69% to win Super Bowl LX.

Because Bitcoin

Bitcoin’s 50% Drawdown: Bear Market Signal or a Liquidity Rotation?

Bitcoin slid 14% in a day, over 50% off its 2025 peak, with $1.4B in liquidations. Is this a true crypto bear market or a liquidity reset? Key risks, levels, and why a rebound is plausible.

Because Bitcoin

Bitcoin Miner Stocks Drop as IREN and CleanSpark Miss Revenue and Lean Harder Into AI

IREN and CleanSpark missed quarterly revenue, triggering double‑digit stock declines as Bitcoin slid 11%. The market is testing miners’ AI pivots amid volatile GAAP results.

Because Bitcoin

Bitcoin’s 50% Slide Tests the Miner “Cost Floor” as BTC Dips Near $63K

Bitcoin fell below $63K—about 50% off its October peak—pressuring miners as costs cluster between $60K–$80K. Liquidations topped $2B, a difficulty drop looms, and consolidation risk rises.

Because Bitcoin

Strategy’s $12.4B Q4 Loss and 18‑Month Low in MSTR Put Its Bitcoin Premium—and Credit Engine—to the Test

Strategy logged a $12.4B Q4 loss as MSTR slid to an 18‑month low, its mNAV fell to 1.1, and Bitcoin traded below the firm’s $76K cost basis—tightening options to add BTC.