Bitcoin24h $87,479.32-0.61%

Ethereum24h $2,924.96-0.97%

BNB24h $832.85-0.93%

XRP24h $1.85-1.25%

Solana24h $121.89-1.15%

TRON24h $0.2780-0.20%

Dogecoin24h $0.1219-4.12%

Cardano24h $0.3496-2.54%

Bitcoin Cash24h $598.00+0.54%

Chainlink24h $12.18-1.56%

BlockFi threatens legal action after Bitcoin blunder worth millions

BlockFi chief exec Zac Price said despite the crazy amounts of Bitcoin sent out, the business was equipped to handle the losses.

Hedge fund profits by shorting Bitcoin stock MicroStrategy — but not Tesla

Argonaut chief Barry Norris said he believes the recent crypto rallies are “unsustainable,” so he’s shorting Bitcoin stocks like Coinbase.

eBay’s chief recently revealed the company was exploring how to host NFT sales and handle crypto. We’ve heard the latter before.

MicroStrategy’s Bitcoin stash makes up 80% of its market value, having spent over $2 billion on BTC since August.

HSBC effectively reasoned that MicroStrategy now derives too much of its value from Bitcoin, so its customers can no longer buy MSTR stock.