For us ordinary investors, avoiding pitfalls is far more important than making profits, because if we don’t make profits, we will lose at most one opportunity, but we can still grasp the future; but if we step into a pit, we are likely to be doomed, and we will not even be able to grasp the opportunity. None.
JinseFinanceThe National Bitcoin Office of El Salvador (ONBTC) issued a statement stating that the Bitcoin bond "Volcano Bond" has been approved by the El Salvador Digital Assets Commission and is expected to be issued in the first quarter of 2024.
JinseFinanceFTX grapples with repayment challenges post-collapse, resorting to selling assets and Bitcoin derivatives. Despite accumulating $4.4 billion, uncertainties persist, with FTX.com users facing potential larger losses, signaling a complex financial recovery path.
Xu LinFTX's attempt to repay debts through Bitcoin shorts and asset sales is marked by uncertainties. While the accumulated $4.4 billion provides a glimmer of hope, the reliance on risky strategies and acknowledgment of potential shortfalls paint a precarious picture for FTX's future.
SanyaBitcoin's 7% surge, approaching $46,000, is fueled by ETF anticipation and shorts liquidation. Altcoins like Solana and ORDI follow suit. Ethereum rises to $2,363. Notable performers include Sei and Astar Network. Overall market sentiment remains optimistic.
SanyaThe investment startup made a short bet on LUNC in May using client funds. The trade blew up and wiped out 99% of its assets.
CointelegraphThe crypto custodial service and AI trading platform managed to lose nearly all of its customers’ assets by shorting LUNA, the Terra Classic native token.
CointelegraphAccording to Paolo Ardoino, some hedge funds are trying to create "billions of dollars" of pressure to "damage Tether's liquidity" in order to eventually be able to buy back tokens at a much lower price.
CointelegraphPaolo Ardoino alleged some hedge funds are trying to create pressure “in the billions” to “harm Tether liquidity” so that they can eventually buy back tokens at a much lower price.
CointelegraphA Bitcoin hostel under construction in Portugal reflects a growing trend of business built with more than just a digital currency in mind.
Cointelegraph