Mystery Solved: Sam Bankman-Fried’s Alameda Caused Bitcoin’s Flash Crash To $8,200 In 2021

A former employee of Alameda Research has revealed that the now-defunct quantitative trading firm was responsible for a rapid 87% plunge in Bitcoin prices in 2021. The incident occurred on October 21, when the world’s biggest and oldest cryptocurrency sunk to as low as $8,200 on Binance.US for no apparent reason.

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Bitcoin Price Prediction: Will Bitcoin Reach $30,000 Again?

Will Bitcoin prices reach $30000? Well, this BTC chart shows promising price actions.

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Mt. Gox Extends Repayment Deadline of Estimated $3,700,000,000+ in Bitcoin (BTC) and Bitcoin Cash (BCH) Payout

Defunct crypto exchange Mt. Gox is extending its deadline to repay about $3.7 billion worth of Bitcoin (BTC) and Bitcoin Cash (BCH) to its creditors. In a new announcement, Mt.

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Bitcoin Slides to $26.5K Amid Surging U.S. Dollar; Record-High Rates Are ‘Nightmare’ for Crypto Firms

BTC slid to $26,500 as interest rates and the U.S. dollar surged while equities declined.

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Ex-Alameda Employee Claims Firm Triggered 87% Bitcoin Price Plummet In 2021

In a recent disclosure, a former employee of Alameda Research, a trading firm led by Sam Bankman-Fried, has unveiled crucial information regarding the dramatic 87% plummet in Bitcoin (BTC) value during 2021. The incident, which occurred on October 21, 2021, witnessed BTC’s price on Binance.US nosedive from approximately $65,760 to $8,200 within a short period.

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Bitcoin sinks below $27K after Fed signals keeping rates higher for longer: CNBC Crypto World

CNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what’s ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today’s show, Chen Arad, co-founder and chief external affairs officer of Solidus Labs, breaks down the findings […]

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Bitcoin Crash to $8,200 in 2021 Finally Linked to SBF’s Alameda

Ex-Alameda engineer explained that the 2021 Bitcoin flash crash to $8K happened because an Alameda trader’s fat finger.

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Expert Predicts Local Bottom Range For Bitcoin Price Before Strong Recovery

The US financial markets turned negative a day after the Federal Reserve took hawkish stance in the September 2023 Federal Open Market Committee (FOMC). The Dow Jones Industrial Average (DJIA) fell 0.4%, the S&P 500 Index dropped around 0.9%, and the Nasdaq Composite Index suffered a 1% plunge whereas the Bitcoin price took a 2%

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A New Trustless Way to Calculate the Bitcoin Price

UTXOracle offers a way to derive the approximate fiat price of Bitcoin in a trustless way utilizing only your full node and a single script.

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