After market-wide meltdown, Elon Musk voices tepid support for crypto
One of the catalysts that may have caused the plunge again takes to Twitter. Go to Source Powered by WPeMatico
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One of the catalysts that may have caused the plunge again takes to Twitter. Go to Source Powered by WPeMatico
NYU Professor Scott Galloway says that Tesla CEO Elon Musk is drawing additional scrutiny and regulators to the crypto space. He expects the U.S. Securities and Exchange Commission (SEC) to respond to Musk’s action in the next 30 days. Furthermore, the professor expects to see a Musk coin or a Tesla coin launching soon. Elon … Read more
Tesla CEO Elon Musk has confirmed that he has not sold any dogecoin and will not sell any as the price of the cryptocurrency continues to slide over the recent weeks. The “Dogefather” has been working with dogecoin devs “to improve system transaction efficiency” after Tesla suspended accepting bitcoin for payments, citing environmental concerns. Elon … Read more
Dogecoin has been the talk of the cryptocurrency town for months on end and in recent times, crypto enthusiasts have been discussing the largest holder in the Dogecoin economy. An address with 36.7 billion dogecoin has recently amassed 797 DOGE this week and 3,755 coins during the last month. Crypto speculators think this wallet is … Read more
Digital currency markets have been consolidating after taking some heavy losses during the last few days. Billions of dollars have jumped back into the crypto economy on Thursday, as the overall market valuation of all coins in existence has jumped back to $1.75 trillion on Friday. Bitcoin is resting above the $40k handle but the … Read more
Greenpeace has said its facility for accepting Bitcoin donations will be scrapped as it is “no longer tenable” in light of the climate crisis. Go to Source Powered by WPeMatico
Vitalik Buterin thinks crypto is in a bubble, but doesn’t have a prediction of when it will pop and he believes there is a “possibility” Ethereum will overtake Bitcoin in the future. Go to Source Powered by WPeMatico
Australians have been learning more and more about cryptocurrencies but it turns out some myths and misconceptions are still widespread among the general public Down Under. As a most stunning example, over half of the participants in a new poll by Finder believe Elon Musk invented the first crypto network, Bitcoin. Finder Tests Australians With … Read more
Bitcoin slipped below the 20-week exponential moving average for the first time since February 2020, which is a big bearish signal. Go to Source Powered by WPeMatico
Elon Musk may have egg on his face after his comments effectively erase all the money his company made from buying Bitcoin. Go to Source Powered by WPeMatico