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Crypto Prices Consolidate, Analysts Blame Bitcoin Market Rout on ‘Overleveraged Positions’
21.5.2021
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...
Buterin: ‘Elon Musk’s Influence on Crypto Prices Won’t Last Forever’
21.5.2021
Source: Twitter/@beeple
The Ethereum (ETH) co-founder Vitalik Buterin has claimed that the crypto markets will learn their lesson from the latest price crash – and stop hanging on every word tweeted by the Tesla chief Elon Musk.
In a video interview with CNN, Buterin pointed out that Musk tweeting...
Elon Musk Invented Bitcoin, if You Ask Half of Australians Polled by Finder
20.5.2021
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...
Bitcoin price dip below $40K costs Tesla nearly 100% of its BTC profits
19.5.2021
Elon Musk may have egg on his face after his comments effectively erase all the money his company made from buying Bitcoin
More than half of Australians think Elon Musk invented Bitcoin: Survey
19.5.2021
Over 40% of respondents were unaware that Bitcoin had a limited supply
Ark Investment tips $20M into Grayscale Ethereum Trust
19.5.2021
Ark’s Q1 SEC report revealed holdings of 639,069 shares in Grayscale's Ethereum Trust, worth more than $20 million
Bitcoin's drop from $64K comparable to Black Thursday, but Coinbase outflows hint at accumulation
18.5.2021
The ongoing Bitcoin price correction draws a comparison with the March 2020 crash with one big difference
Elon Musk Impersonators Rake in $2 Million: Regulator Warns of Fake Giveaway Cryptocurrency Scams
18.5.2021
The U.S. Federal Trade Commission (FTC) says reports of cryptocurrency scams have skyrocketed. In particular, people have reported sending more than $2 million in cryptocurrency to Elon Musk impersonators within the past six months. Elon Musk Impersonators and Other Cryptocurrency Scams The...
Breakneck speed of crypto adoption could result in whiplash, warns wallet exec
18.5.2021
Crypto adoption is booming in 2021, but how long can the celebrity-fuelled hype train last?
Elon Musk impersonators make bank as crypto scammers' profits surge
18.5.2021
Scammers are impersonating Elon Musk and other prominent crypto figures to dupe naive investors out of their coins at an accelerated rate
Ark Invest: Bitcoin Mining Net Positive to Environment, Concerns of BTC’s Energy Consumption Are Misguided
18.5.2021
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...
Musk Learns the Hard Way: Crypto Doesn’t Need a Savior
17.5.2021
Crypto doesn't want kings. Elon Musk is finding that out the hard way
Myspace Tom Anderson is ‘Buying The Dip,’ Posts Laser Eyes Meme on Twitter
17.5.2021
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...
Is Bitcoin nearing another Black Thursday crash? Here’s what BTC derivatives suggest
17.5.2021
Traders are afraid another Black Thursday crash is on the cards, but derivatives data proves the current correction has no resemblance to the March 2020 pullback
Buy or hodl, says investor Raoul Pal as Bitcoin price chart hints at 'falling wedge'
17.5.2021
Investment strategist Raoul Pal suggested traders should probably buy the Bitcoin dip as price crashes to two-month lows
Bitcoin Stock-to-Flow Still ‘Intact’ Says Creator, Crypto Fear Index Taps 12-Month Low
17.5.2021
The leading cryptocurrency bitcoin has dropped 20% in value after Tesla announced on May 12, the electric car firm would not be accepting bitcoin for purchases. Two days later, the creator of the notorious stock-to-flow cross-asset (S2FX) price model, Plan B, shared his model and said the S2FX...
All hail the Shiba? Rise of Dogecoin pretenders fueled by meme frenzy
17.5.2021
Shiba Inu joins in at the top of the dog meme coin phenomenon as Musk announces developer support for Dogecoin
Yay or nay? New petition demands Elon Musk sells all his Bitcoin
17.5.2021
The "Dogefather" has gone too far for some hodlers, and should allow a "better custodian" to own them instead, says the petition's creator
Elon Musk Dumping Bitcoin? Will Bitcoin Drop Below 40,000 USD?
17.5.2021
The text below is an advertorial article that was not written by Cryptonews.com journalists.
Bitcoin, the biggest cryptocurrency by market cap, had a couple of bad weeks already. After the big crash caused by Elon Musk's announcement that Tesla would suspend accepting bitcoin. Bitcoin declined...
Elon Musk tweets BTC price bottom? 5 things to watch in Bitcoin this week
17.5.2021
It's all about Elon as Twitter provides the backdrop to an ongoing battle between hodlers and the "Dogefather."