—Read Here— Coinbase CFO, Alesia Haas, appeared on “Mad Money” answering a range of questions from Jim Cramer. Here’s some quick takeaways: She said crypto “is here to stay” but concedes that it’s still very volatile citing price movements emerging out of tweets and “one off headlines.” When asked about regulation of cryptos she tookContinue reading “Coinbase CFO on crypto investors, dogecoin and growing competition”
Category Archives: Uncategorized
3 reasons why Bitcoin doesn’t care about Elon Musk
—Read Here— CoinTelegraph writer, William Suberg, refreshingly departs from the trend of attributing all crypto price movements to the actions of Elon Musk or other public figures. “On Thursday, fresh from its dip to $45,600, BTC/USD is trading above $51,000,” said Suberg, “having regained over half its lost ground.” “With the drama still spreading, CointelegraphContinue reading “3 reasons why Bitcoin doesn’t care about Elon Musk”
Dogecoin Stages A Comeback Amid Crypto’s $300 Billion Crash, Soaring 30% As Elon Musk And Coinbase Signal Confidence
—Read Here— Coinbase announces it will list meme tokem, Dogecoin, and Elon Musk tweets about collaborating with Dogecoin developer team. Whether Musk’s claims have teeth remain to be seen and so does his real intentions regarding the meme token. “Dogecoin rose to a high of 56 cents a coin Friday morning,” said Forbs writer, RobertContinue reading “Dogecoin Stages A Comeback Amid Crypto’s $300 Billion Crash, Soaring 30% As Elon Musk And Coinbase Signal Confidence”
ETH price regains $4K as possible Ethereum 2.0 ‘full validator’ count hits 17-month low
–Read Here– Ethereum is back over $4,000, but it seems as if people are jumping ship from validating the new ETH 2.0 testnet. “On-chain data analytics platform Glassnode revealed that the number of externally owned Ethereum addresses (EOA) fell to its lowest levels in the last 17-months,” said Yashu Gola of Cointelegraph, “to 108,915. AsContinue reading “ETH price regains $4K as possible Ethereum 2.0 ‘full validator’ count hits 17-month low”
Crypto miners could soon flood eBay with cheap CPUs, motherboards and SSDs acquired via GPU bundle purchases
—Read Here— Miners and people interested in mining saw this coming. With graphics cards prices at well over double their MSRP and scalping at an all time high, miners are turning to buying prebuilt computers and gutting them of their graphics cards only to sell the rest of the parts to make their money back.Continue reading “Crypto miners could soon flood eBay with cheap CPUs, motherboards and SSDs acquired via GPU bundle purchases”
Ethereum creator Vitalik Buterin donated $1 billion to a COVID relief fund for India using Shiba Inu – a tiny token that has gained 1,000% in a week
—Read Here— “Ethereum creator Vitalik Buterin donated $1 billion to a crypto-based COVID-19 relief fund for India using the dogecoin-inspired Shiba Inu coin,” wrote Sophie Kiderlin of Business Insider, “the token has skyrocketed and gained almost 1,000% over the past week, but plunged after news of Buterin’s donation broke. This is a big story andContinue reading “Ethereum creator Vitalik Buterin donated $1 billion to a COVID relief fund for India using Shiba Inu – a tiny token that has gained 1,000% in a week”
Bitcoin Adoption Keeps Growing During Alt Season, Blockchain Data Show
—Read Here— “Bitcoin (BTC) adoption continues to grow,” wrote desk reporter, Damanick Dantes, “even as the largest cryptocurrency loses market share to several altcoins, according to a report Tuesday by crypto research firm Coin Metrics.” Bitcoin adoption growing despite thousands jumping ship following Tesla’s announcement to halt Bitcoin payments shows that these panic sellers are no moreContinue reading “Bitcoin Adoption Keeps Growing During Alt Season, Blockchain Data Show”
$350B+ Is Wiped From Cryptocurrency Markets After Tesla Halts Purchases With Bitcoin
—Read Here— “The value of the global cryptocurrency market plunged by more than $350 billion overnight,” writes Daily Beast editor Blake Montgomery, “on news that Elon Musk suspended the use of bitcoin to pay for Tesla vehicles because of his concerns about the cryptocurrency’s energy consumption.” While it’s inaccurate to solely attribute the dip to Tesla’s announcementContinue reading “$350B+ Is Wiped From Cryptocurrency Markets After Tesla Halts Purchases With Bitcoin”
Elon Musk Conveniently Ignored Bitcoin’s Inconvenient Truth
—Read Here— “Musk’s move may also indicate that Teslas weren’t flying off the shelves as a result of accepting Bitcoin payment, wrote Bloomberg Green reporter Lionel Laurent. He added that Bitcoin’s network takes a whopping estimated “20-80 terawatt hours in 2019 to more than 100 this year.” To put that number into perspective a singleContinue reading “Elon Musk Conveniently Ignored Bitcoin’s Inconvenient Truth”
Ark Financial’s Crypto Expert Sees Dogecoin Washout, Bitcoin Rivaling Gold
—Read Here— Top crypto analyst at ARK Financials, Yassine Elmandjra, reportedly extremely bullish on Bitcoin and Ethereum and bearish on Doge coin. This should stand as an important reality check for DOGE hodlers. The token is has shown that it can generate millions of dollars of profits despite being a meme, but “much of the valueContinue reading “Ark Financial’s Crypto Expert Sees Dogecoin Washout, Bitcoin Rivaling Gold”
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