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Biturai Trading Wiki
The Biturai crypto encyclopedia: AI-assisted, data-informed, and continuously quality-audited.
The Coinbase Nasdaq Direct Listing of 2021
Coinbase, a leading cryptocurrency exchange, made its public debut on the Nasdaq stock exchange in April 2021 through a direct listing. This landmark event allowed its existing shares to be traded on a major market, signifying a pivotal
The Inaugural Bitcoin Futures Launch on CME in 2017
In December 2017, the Chicago Mercantile Exchange (CME) launched its first Bitcoin futures contracts, marking a significant milestone in the integration of cryptocurrency into traditional financial markets. This event followed the CBOE's
The First Bitcoin Futures ETF (BITO) in 2021
The ProShares Bitcoin Strategy ETF (BITO) launched in October 2021, marking the first U.S. SEC-approved exchange-traded fund offering exposure to Bitcoin futures contracts. This development allowed traditional investors to gain indirect
The 2024 Spot Ethereum ETF Approval
The 2024 approval of Spot Ethereum ETFs by the U.S. SEC marks a pivotal moment for the cryptocurrency industry, extending institutional integration of digital assets beyond Bitcoin. These investment vehicles offer traditional investors a
The GBTC Discount and Outflows Post-ETF Conversion
The Grayscale Bitcoin Trust (GBTC) historically traded at a significant discount or premium to its underlying Bitcoin holdings due to its closed-end structure. Its conversion into a spot Bitcoin ETF in January 2024 eliminated this discount
The Hyperliquid JELLY Incident Explained
The Hyperliquid JELLY incident involved a sophisticated market manipulation on the Hyperliquid decentralized exchange in 2025. A trader exploited liquidation mechanisms, causing significant losses for the platform's liquidity provider.
The Shiba Inu Rally of 2021 Explained
The Shiba Inu rally of 2021 demonstrated the immense power of retail investor sentiment and social media-driven hype in the cryptocurrency market. It serves as a critical case study for understanding market psychology and the risks
Dogecoin's 2021 Bull Run and Elon Musk's Influence
The Dogecoin bull run of 2021 was a pivotal event, driven by social media hype, retail investor enthusiasm, and significant influence from Elon Musk. This period demonstrated how a meme coin could achieve massive market capitalization,
Elon Musk's Tesla Bitcoin Reversal in May 2021
In May 2021, Tesla, led by Elon Musk, abruptly announced it would no longer accept Bitcoin as payment for its vehicles, citing environmental concerns over the cryptocurrency's energy consumption. This decision marked a significant U-turn
The Beeple $69 Million NFT Sale at Christie's
The sale of Beeple's "Everydays: The First 5000 Days" for $69 million at Christie's in March 2021 marked a pivotal moment for digital art and non-fungible tokens. This event legitimized NFTs within traditional art markets and highlighted
The 2022 NFT Crash: The Bursting of the Digital Art Bubble
The NFT market experienced a significant downturn in 2022, marking the end of a speculative boom that saw digital collectibles reach unprecedented valuations. This correction was influenced by broader macroeconomic conditions and the
The DeFi Summer of 2020: Yield Farming and the COMP Token Launch
The DeFi Summer of 2020 marked a pivotal period for decentralized finance, driven by the rise of Yield Farming. This strategy, catalyzed by Compound Finance's COMP token, allowed users to earn rewards by providing liquidity to various DeFi
The Gemini Earn-Genesis Dispute and Repayment
The Gemini Earn program allowed users to lend crypto to Genesis Global Capital for interest, but collapsed when Genesis faced insolvency. This led to significant legal battles and a complex recovery process, ultimately resulting in a full
The LIBRA Memecoin Scandal Involving Javier Milei 2025
The LIBRA memecoin scandal of 2025, involving Argentine President Javier Milei, highlighted the risks of speculative crypto assets and the profound impact of public endorsements. A rapid price surge of the $LIBRA token was followed by a
The Ruja Ignatova OneCoin Case: The Missing Cryptoqueen
The Ruja Ignatova OneCoin case details one of the largest financial frauds in history, where a charismatic leader orchestrated a multi-billion dollar Ponzi scheme disguised as a cryptocurrency. Ignatova, known as the 'Cryptoqueen',
FCoin Collapse and the Trans-Fee Mining Model
The FCoin exchange experienced a significant collapse in 2020, primarily due to the unsustainable nature of its Trans-Fee Mining model. This innovative but flawed mechanism returned transaction fees to users in the form of the platform's
Africrypt Scam 2021: The Disappearance of the Cajee Brothers
In 2021, South African brothers Raees and Ameer Cajee vanished with billions in Bitcoin from their Africrypt investment platform. This event left thousands of investors without funds and highlighted significant regulatory gaps in the
The Thodex Exit Scam of 2021
The Thodex exit scam in 2021 saw the founder of a major Turkish cryptocurrency exchange flee the country with an estimated $2 billion in investor funds. This event highlighted significant risks associated with centralized crypto platforms
The Iron Finance Bank Run of 2021: The First Algorithmic Stablecoin Collapse
The Iron Finance bank run in 2021 marked the first large-scale collapse of an algorithmic stablecoin, IRON, due to a rapid withdrawal of funds. This event highlighted the inherent vulnerabilities in partially collateralized algorithmic
The 2022 Wonderland-TIME Scandal and 0xSifu
The Wonderland-TIME scandal of 2022 exposed significant risks in decentralized finance when the identity of its anonymous CFO, 0xSifu, was revealed to be a convicted felon. This event led to a dramatic collapse in the value of the TIME