Andrew Tate loses 90K on a 2M purchase of Bitcoin as BTC collapses. Peter Schiff announces the crypto mania as the market goes down sharply. Andrew Tate witnessedAndrew Tate loses 90K on a 2M purchase of Bitcoin as BTC collapses. Peter Schiff announces the crypto mania as the market goes down sharply. Andrew Tate witnessed

Andrew Tate’s $2M Bitcoin Gamble Crashes $90K as BTC Plunges to $63K and Schiff Calls Game Over

2 min read

Andrew Tate loses 90K on a 2M purchase of Bitcoin as BTC collapses. Peter Schiff announces the crypto mania as the market goes down sharply.

Andrew Tate witnessed his Bitcoin investment go down. The influencer purchased 2M BTC at 67,000 dollars. After three hours, the price dropped to $64,000.  

According to BSCNews on X, Tate lost about 4.48 percent or $90,000. This fall caught a lot of investors unawares and once again pointed to the volatility of Bitcoin.  

Source: BSCNews 

Schiff Declares Bitcoin Mania Dead

Peter Schiff came on X and said that it was over and that the largest financial mania ever was over.  

Source: PeterSchiff 

Schiff has written: The true Bitcoin story is not its 50 percent fall. His critique of the mainstream adoption of Bitcoin saw promoters of Bitcoin misleading financial media and Wall Street banks. 

There were also government officials, he claimed, who were duped. His remarks sparked controversy throughout crypto circles, and fans defended against his remarks.  

You might also like: NFT Marketplaces Are Shutting Down: What Went Wrong?

Market Crash Hits Major Holders Hard

Bitcoin dropped to approximately 63,000 after reaching its highs of around 90,000. Tate had made his purchase inopportune.  

The barrage of 2 million dollars invested left him in a lot of danger. As the prices of Bitcoin kept slipping, his accounts kept losing money, and additional large holders were under strain.  

The mood in the market changed by hours, and panic replaced optimism previously. The trading volumes increased as the panic selling intensified.  

The crash rekindled Bitcoin future debates. Those against it, such as Schif,f were given a new weapon, but those in favor were determined to stick to long-term conviction, despite short-term suffering.

The post Andrew Tate’s $2M Bitcoin Gamble Crashes $90K as BTC Plunges to $63K and Schiff Calls Game Over appeared first on Live Bitcoin News.

Market Opportunity
Bitcoin Logo
Bitcoin Price(BTC)
$68,143.3
$68,143.3$68,143.3
+0.95%
USD
Bitcoin (BTC) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact [email protected] for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
Tags:

You May Also Like

Valour launches bitcoin staking ETP on London Stock Exchange

Valour launches bitcoin staking ETP on London Stock Exchange

The post Valour launches bitcoin staking ETP on London Stock Exchange appeared on BitcoinEthereumNews.com. Valour Digital Securities, a subsidiary of DeFi Technologies, has launched its Bitcoin Physical Staking exchange-traded product (ETP) on the London Stock Exchange, the firm announced on Friday. The listing expands Valour’s yield-bearing bitcoin product beyond mainland Europe, where it has traded since November 2024 on Germany’s Xetra market. The ETP is restricted to professional and institutional investors under current UK regulations, with retail access expected to open on October 8 under new Financial Conduct Authority rules. The product, listed under ticker 1VBS, is physically backed 1:1 by bitcoin held in cold storage with Copper, a regulated custodian. It offers an estimated annual yield of 1.4%, which is distributed by increasing the product’s net asset value (NAV). Yield is generated through a staking process that uses the Core Chain’s Satoshi Plus consensus mechanism. Rewards earned in CORE tokens are converted into bitcoin and added to the ETP’s holdings. Valour has emphasized that while the process involves short-term lockups during stake transactions, the underlying bitcoin is not subject to traditional staking risks such as slashing. The launch comes as the UK begins to loosen restrictions on crypto-linked investment products. Earlier this year, the Financial Conduct Authority moved toward allowing retail access to certain crypto exchange-traded notes and products, a shift that will test demand for regulated, yield-bearing bitcoin exposure. This is a developing story. This article was generated with the assistance of AI and reviewed by editor Jeffrey Albus before publication. Get the news in your inbox. Explore Blockworks newsletters: Source: https://blockworks.co/news/valour-launches-bitcoin-staking-etp
Share
BitcoinEthereumNews2025/09/20 02:48
USDT Transfer Stuns Market: $238 Million Whale Movement to Bitfinex Reveals Critical Patterns

USDT Transfer Stuns Market: $238 Million Whale Movement to Bitfinex Reveals Critical Patterns

BitcoinWorld USDT Transfer Stuns Market: $238 Million Whale Movement to Bitfinex Reveals Critical Patterns In a stunning development that captured global cryptocurrency
Share
bitcoinworld2026/02/06 21:45
The market value of NFTs has fallen back to pre-2021 levels, close to $1.5 billion.

The market value of NFTs has fallen back to pre-2021 levels, close to $1.5 billion.

PANews reported on February 6th, citing Cointelegraph, that the global NFT market capitalization has fallen below $1.5 billion, returning to pre-2021 levels. This
Share
PANews2026/02/06 21:13