#Black Thursday

Bitcoinist / Why ‘Black Friday’ Was The Best Thing To Happen Bitcoin In 2020

December 31, 2020 / bitcoinist

March 12, 2020, will go down in history books as Black Thursday. That day began a two-day, more than 50% collapse in Bitcoin. It also shook the stock market, precious…

News.Bitcoin / Volatile Bitcoin Not a True Store of Value Just Yet, Says Fidelity Digital Assets Head

December 5, 2020 / newsbitcoin

Fidelity Digital Assets president Tom Jessop says that bitcoin is not a true store of value just yet because the digital asset is still too volatile, Reuters reported. However, investors…

Cointelegraph / $30M MakerDAO ‘Black Thursday’ lawsuit sent to arbitration

September 29, 2020 / cointelegraph

A court has agreed with the Maker Ecosystem Growth Foundation that a class-action lawsuit over its ‘Black Thursday’ meltdown should enter into arbitration proceedings. The Maker Foundation filed this motion…

News.Bitcoin / Makerdao Vote to Not Compensate Black Thursday Victims Receives Harsh Criticism

September 24, 2020 / newsbitcoin

Large Makerdao holders decided not to compensate the victims that were liquidated during the unexpected flash crash that took place on March 12, otherwise known as ‘Black Thursday.’ An aggregate…

News.Bitcoin / Keiser Insists ‘Bitcoin Inversely Correlated To USD Not Stock Markets’ After Crypto Market Tumble

September 23, 2020 / newsbitcoin

Reports that global banking giants helped criminals launder money for close to two decades helped spark the crash of global stock markets on Monday, September 21. Also tumbling in tandem…