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Bitcoin Price Falls as Tesla Halts Vehicle Purchase in BTC
13.5.2021
Elon Musk, CEO of Tesla, tweeted his concerns regarding the environment and how Bitcoin mining is harmful. He announced that Tesla would not be selling Bitcoin until the mining transforms into more sustainable energy. The tweet shook the market, and almost $365.85 billion was wiped off. The CEO...
Bitcoin Markets Blood Red After Tesla Announcement, Crypto Economy Sheds Billions
13.5.2021
Digital currency markets have seen better days, as billions of dollars were shaved off the entire crypto-economy after Tesla revealed it would not be accepting bitcoin over environmental concerns. The entire market capitalization of all the crypto assets in existence has dipped under the...
Mark Cuban counters Elon Musk, says Mavs will continue to accept Bitcoin
13.5.2021
The Dallas Mavericks owner contends that Bitcoin replacing the legacy financial system will be a net positive for society and the environment
Bitcoin price fails to build $50K support as traders eye lower levels next
13.5.2021
Time to buy or wait and see? Bitcoin may have further to fall but long-term price trends are still intact
3 reasons why Bitcoin doesn't care about Elon Musk
13.5.2021
Tempers are running hot in the latest round of Bitcoin FUD, but a longer-term perspective reveals "business as usual" for BTC
Official Remittance Inflows to Zimbabwe Surged to $1 Billion After Covid-19 Restrictions Forced Migrants to Use Formal Channels
13.5.2021
Cross border remittances into Zimbabwe surged to $1 billion in 2020, more than a 36% increase from the $636m that was recorded in 2019. This surge in remittances occurred despite the “steep decline in economic activity in host countries, which in turn made it difficult for migrants in...
Cybersecurity Firm Spots a Crypto Stealer Distributed Through a Massive Email Spam Campaign and Discord Channels
13.5.2021
A crypto stealer seems to have spread through a massive spam campaign across several countries, including the United States, Australia, Japan, and Germany. The malware dubbed “Panda Stealer” has been spotted by a cybersecurity company. It is reportedly also distributed on Discord...
Bitcoin loses 6% in an hour after Tesla drops payments over carbon concerns
13.5.2021
Bitcoin has shed nearly 6% in an hour after Tesla suspended its support for payments in BTC
Elon Musk Announces Tesla Has Suspended Accepting Bitcoin Citing Environmental Issues
13.5.2021
Tesla has suspended accepting bitcoin for vehicle purchases, CEO Elon Musk has announced. The company cited concerns “about rapidly increasing use of fossil fuels for bitcoin mining and transactions, especially coal, which has the worst emissions of any fuel.” Tesla Stops Accepting...
When all-time high? Bitcoin traders lose confidence as BTC price slumps
12.5.2021
Bitcoin adoption continues to increase but derivatives data shows retail and professional traders are reluctant to build new bullish positions
Ethereum Options Trade Volume Exceeds Bitcoin’s, Deribit Introduces a $50K ETH Strike for 2022
12.5.2021
Last week, ethereum options volume surpassed bitcoin’s for the first time on the digital currency derivatives exchange Deribit. Further, the trading platform recently introduced a $50k ETH strike for March 2022 and explained the $50k call is “gaining immediate buy traction.”...
MoneyGram to allow retail Bitcoin buying in the US
12.5.2021
MoneyGram customers in the United States will soon be able to buy Bitcoin in the country’s retail outlets across the country
Free Bitcoin: Papa John’s Giving Away BTC With Pizza Purchases in UK
12.5.2021
Papa John’s Pizza is giving away bitcoin with pizza purchases in the U.K. Customers who spend at least £30 will get £15 off their orders as well as £10 in free bitcoin. The bitcoin freebie is given through global cryptocurrency exchange Luno. Papa John’s Bitcoin Giveaway...
Bitcoin price bounces despite stocks rout as Ethereum hits new $4,350 high
12.5.2021
New all-time highs for the largest altcoin combine with fresh bullishness across crypto after this week's sell-off
Palantir to Accept Bitcoin for Services, Considers Keeping BTC on Its Balance Sheet
11.5.2021
Palantir Technologies, the Peter Thiel-backed, American software company specializing in big data analytics, announced Tuesday that company plans to accept bitcoin for services. Further, like a variety of corporate entities that are accepting and holding bitcoin, Palantir is considering keeping...
How Long Does a Bitcoin Bull Run Last? Proponents Use a Myriad of Charts and Models to Predict Future Prices
11.5.2021
As bitcoin prices hover above the $55k zone, a number of participants wonder when the bull run will end. Bitcoin proponents are convinced bull markets have three waves and another wave may start soon. However, despite a variety of tools being used like tarot cards, no one is truly sure what will...
CBOE files another Bitcoin ETF application with the SEC
11.5.2021
Two months after filing VanEck’s BitcoinETF, CBOE has submitted another application — one proposed by Fidelity — to the SEC
Bitcoin support wobbles amid warning BTC price could hit $40K next
11.5.2021
Dissolving support at $50,000 opens up a path to levels not seen in months, warns Delta Exchange CEO Pankaj Balani
NFL Star Quarterback Tom Brady Hops on the Bitcoin Bandwagon, Turns on Laser Eyes
11.5.2021
Tom Brady, who is widely known as the greatest quarterback of all time, has hopped on the bitcoin bandwagon. The seven-time Super Bowl champion has added laser eyes to his Twitter profile. Tom Brady Rumored to Be Loading up on Bitcoin Football star Tom Brady has hopped on the bitcoin train....
Morgan Creek’s Mark Yusko Predicts Bitcoin Can Reach $250K in 5 Years
11.5.2021
Mark Yusko, Morgan Creek Capital Management’s CEO and cofounder, is extremely bullish on bitcoin. Despite a period of consolidation, Yusko expects the leading crypto asset to tap $250,000 in five years. In a recent interview, he said that the network continues to swell in...