It's official: Bitcoin has recorded its worst second-quarter performance since 2018.
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Bitcoin's Worst Q2 Since 2018
It's official: Bitcoin has recorded its worst second-quarter performance since 2018. Overall, the cryptocurrency chalked up a loss of 40% between April and June. That's a stark contrast to 2020 and 2019, when returns came in at 42% and 157% respectively. A regulatory clampdown and environmental concerns meant it was a tough quarter for BTC. See the data
Twitter Releases NFTs!
Twitter has caused a splash by releasing 140 NFTs. The social network has a long affinity with the number 140, not least because it was the character limit originally in force on the micro-blogging site. While some of the NFTs paid tribute to Jack Dorsey’s first-ever tweet on the platform, others showed how Twitter’s logo has evolved through the years. Find out more
Robinhood Ordered to Pay $70M
Robinhood has been ordered to pay $70 million by the Financial Industry Regulatory Association — the largest penalty it has ever given. Of this, $12.6 million will be paid to thousands of customers in restitution. FINRA said Robinhood customers suffered "significant harm" — with the firm relaying "false or misleading information" to them. The latest.
Right-Wing Groups 'Turning to Crypto'
Groups involved in ethnically and racially motivated terrorism are increasingly relying on cryptocurrencies to drum up funds, according to a new report. The Financial Action Task Force says Bitcoin has risen in popularity because such groups cannot process credit card payments. In some cases, privacy coins are accepted to ensure users can remain anonymous. Read more.