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Bitcoin Drops Below $40K, Crypto Economy Down 17%, Markets Lost $250 Billion Last Week
19.5.2021
On Wednesday, cryptocurrency markets continue to drop lower in value, as the entire crypto-economy has plunged 17% below the $2 trillion mark and now rests at $1.801 trillion. Bitcoin, the leading cryptocurrency in terms of market capitalization, touched a high of $40,770 per unit at 4:48 a.m....
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
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
The Big Tesla Short, Copper Raises USD 50M, Gemini's Waitlist + More News
18.5.2021
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Investments news
Michael Burry, the American hedge manager who famously made some USD 100m for himself by speculating on the 2008 economic...
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...
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...
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."
Elon Musk Discloses ‘Tesla Has Not Sold Any Bitcoin’
17.5.2021
Amid speculation over the weekend that Tesla may have sold its bitcoins, CEO Elon Musk has clarified that the electric car company “has not sold any bitcoin.” The Technoking of Tesla got into a heated debate with the bitcoin community Sunday after he announced that Tesla has suspended...
I vizionář se někdy utne aneb největší selhání a faily Elona Muska
17.5.2021
Chybujeme denně, na každém kroku, ale většinou nás neúspěchy nestojí stovky milionů dolarů. I přesto s námi zamávají.…
The post I vizionář se někdy utne aneb největší selhání a faily Elona Muska appeared first on Tyinternety.cz
Elon Musk hints Tesla may offload BTC, goes to war with crypto Twitter
17.5.2021
Tesla’s CEO is duking it out with the crypto community on Twitter after Musk appeared to suggest the electric vehicle manufacturer will dump its BTC holdings this quarter
Elon Musk Doubles Down on Dogecoin, Tweets About Ideal Improvements
16.5.2021
Elon Musk, CEO of Tesla and Spacex, has doubled down on its bet that dogecoin can become a currency able to address Tesla’s new set of environmental requirements. The entrepreneur has tweeted he is now working with Dogecoin developers to improve the currency, hoping it can evolve to be more...
Mark Cuban to Elon Musk: Accepting Bitcoin Will Actually Benefit the Environment
16.5.2021
Shark Tank star and the owner of the NBA team Dallas Mavericks, Mark Cuban, has made an argument that accepting cryptocurrencies, including bitcoin, will actually help the environment. He told Elon Musk, whose electric car company Tesla has suspended accepting bitcoin, citing environmental...
Norwegian Billionaire: Bitcoin Becoming Mainstream Is Inevitable — Elon Musk’s Comments ‘Haven’t Changed Anything’
16.5.2021
Norwegian billionaire Kjell Inge Rokke says bitcoin becoming mainstream is inevitable. Unlike Tesla, which stopped accepting cryptocurrency, Rokke’s company is now considering accepting bitcoin as a means of payment, emphasizing that Elon Musk’s comments about the cryptocurrency’s...
Inflation winds stiffen as Bitcoin ballast on balance sheets proves its value
16.5.2021
Firms with iconoclastic leaders, like Musk and Dorsey, “would be the most likely to take the plunge” and commit sizable cash balances to crypto
While Bitcoin Energy Concerns Grow, Nobody Discusses the Carbon and Military Violence Backing US Dollars
16.5.2021
This week a great number of bitcoin supporters and skeptics have been arguing over whether or not bitcoin mining is harmful to the global environment. However, crypto supporters have been saying that concerns over the Bitcoin network’s energy supply are absurd, in contrast to the carbon used...