Financial Industry News
Dogecoin continues to remain on Elon Musk’s list as the billionaire confirmed he held Doge, bitcoin, and ethereum. Speaking at the B Word conference on Thursday, Elon Musk confirmed that he held a couple of cryptos. The digital assets he held included bitcoin, ethereum, and no other than Dogecoin. The SpaceX CEO is fondly known […]
Continue ReadingThe billionaires had a Zoom meeting yesterday, and it’s all crypto Twitter talks about today. Bitcoin should embrace ESG concerns, thinks Cathie Wood. Jack Dorsey hopes Bitcoin will bring world peace. Elon Musk doubled down on his sketchy views about the subject and wasn’t confronted. Just another day in the neighborhood. In Bitcoinist’s first-impression-candid review […]
Continue ReadingEthereum price saw significant upward movement after Elon Musk said that he had bought into the asset. Musk revealed this at The B Word, a bitcoin conference on which he was a panelist. As the conference carried on, the price of ethereum had surged past $2,000. Recording a 7% gain in price after the billionaire […]
Continue ReadingThe battle of the billionaires was a bit of a letdown. In “The B Word” conference, Elon Musk repeated the views he’s expressed on Twitter. Jack Dorsey didn’t confront him in any way. The addition of Cathie Wood didn’t bring much to the table in that regard. For something that was initially billed as “THE […]
Continue ReadingMusk continues to show his support for Doge as time goes by. This time, the billionaire has opined that Bitcoin and Ethereum transactions layers are too slow. Comparing this with the speed of Doge, Musk explained that the cost of transactions remains too high. It is true that bitcoin and ethereum confirmation times become quite […]
Continue ReadingThe infamous Max Keiser is in it for the long haul. Love it or hate him, the man puts in the work. Arguably the original bitcoiner in mainstream media, the North American broadcaster with a show in RT is still raising hell wherever he goes. And this time, he’s got Elon Musk in his sights. […]
Continue ReadingLaunched in 2009 by “Satoshi Nakamoto,” whose identity remains unknown, Bitcoin was the first cryptocurrency to scale. Since then, it has risen to prominence through high-security blockchain technology to provide an open-source alternative to institutional or government-backed currencies, the U.S. dollar. Related Reading | Binance Bitcoin Open Interest Surges Despite Legal Scrutiny The digital currency […]
Continue ReadingOnce upon a time, Wired was a staple of cutting-edge-technologic culture. Their name carried weight. Their journalism was a sight to behold. Then, global media company Condé Nast bought the magazine. It immediately devalued the brand, but that wasn’t the real damage. Their texts disappeared from public consciousness. Nobody cared about what Wired had to […]
Continue ReadingFor the first time, it seems Elon Musk’s tweets have no effect on Doge. The billionaire had tweeted earlier about doge but this time, there was no reaction from the coin. In fact, the coin is down 2% since the tweet went live. Musk is notoriously known for pushing the price of Doge with his […]
Continue ReadingBitcoin plunged to a record low of $28,000 last week from a record high of $65,000 in April. The cryptocurrency took a beating after China pulled the plug on miners, significantly reducing the BTC hash rate. Many crypto sceptics have since pointed to the ever-raging questions: how much energy does it take to produce Bitcoin? […]
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