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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
Over 40% of respondents were unaware that Bitcoin had a limited supply. Go to Source Powered by WPeMatico
Ark’s Q1 SEC report revealed holdings of 639,069 shares in Grayscale’s Ethereum Trust, worth more than $20 million. Go to Source Powered by WPeMatico
The ongoing Bitcoin price correction draws a comparison with the March 2020 crash — with one big difference. Go to Source Powered by WPeMatico
Crypto adoption is booming in 2021, but how long can the celebrity-fuelled hype train last? Go to Source Powered by WPeMatico
Scammers are impersonating Elon Musk and other prominent crypto figures to dupe naive investors out of their coins at an accelerated rate. Go to Source Powered by WPeMatico
Following concerns raised by Tesla CEO Elon Musk about Bitcoin’s energy consumption, global asset manager Ark Investment Management explained that the concerns are “misguided.” Referring to its research using real-world data, the investment firm emphasized that “the impact of bitcoin mining could become a net positive to the environment.” Bitcoin Mining Could Help the Environment … Read more
Myspace founder Tom Anderson has joined the heated chatter surrounding the recent crypto market drop. The now-retired entrepreneur expressed his feelings about the situation, posting a laser eyes photo of himself accompanied with a short caption, “Buying The Dip.” Myspace Tom Tweets in Support of Bitcoin Tech entrepreneur and Myspace cofounder Tom Anderson took to … Read more