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Bitcoin remains in a period of consolidation at the start of the week, with the price staying within the $33,000 to $36,000 range since the beginning of July.The cryptocurrency dropped in value by around 5 per cent between Sunday and Monday but recovered to above $34,000 by Tuesday morning. Other leading cryptocurrencies, including Ethereum (ether),…
Elon Musk has shared and deleted a meme featuring a fake quote about cryptocurrency from billionaire investor Warren Buffett.The SpaceX and Tesla CEO posted the meme to Twitter on Monday, before apparently removing it shortly after. It received more 7,000 shares before it was taken down.Elon Musk deleted this tweet of a seemingly fake quote…
Bitcoin remains in a period of consolidation at the start of the week, with the price staying within the $33,000 to $36,000 range since the beginning of July.The cryptocurrency dropped in value by around 5 per cent overnight but remains above $34,000 on Monday morning. Other leading cryptocurrencies, including Ethereum (ether), dogecoin, and Cardano (ada)…
More than a decade after its inception, bitcoin and the broader cryptocurency industry are still widely referred to as being in the “Wild West” phase of their development.As recently as last month, US Senator Elizabeth Warren used this cliché to describe crypto trading, following a meeting of the Senate Banking Committee to discuss digital currencies.While…
Bitcoin and other cryptocurrencies are enjoying a stable July, after a summer that has seen them fluctuate wildly.In the first couple of days of the month, the price of most crypto has stayed fairly flat, even amid wildly divergent predictions of where they will trade in the future.It follows a rally at the end of…
Elon Musk has tweeted a provactive meme referencing dogecoin, as the cryptocurrency’s price continues to slide.His post made use of an old image, once often used as a meme on social media, that showed a man ignoring a host of women to instead focus on his computer. In Mr Musk’s post, that computer showed the…
A US senator has called for people to buy bitcoin and save it as part of their retirement plan.Cynthia Lummis revealed she had more than $100,000 invested in the cryptocurrency and planned to continue buying and saving more.
The price of dogecoin has once again spiked following a tweet from meme-loving billionaire Elon Musk.The cryptocurrency shot up by nearly 10 per cent on Thursday morning after Mr Musk tweeted an image from The Godfather, captioning the meme: “Release the Doge!”Less than an hour later, Mr Musk tweeted lyrics to a parody of the…
Bitcoin has rallied at the end of June, rising in price from close to $30,000 on the weekend to above $35,000 on Wednesday.Other leading cryptocurrencies have seen a similar bounce in recent days, with Ethereum (ether) and dogecoin breaking above the crucial markers of $2,000 and $0.25 respectively.Beyond brief peaks above $40,000 and dips below…
The unexpected death of a controversial investor has left behind a bitcoin fortune estimated to be worth more than $2 billion.Mircea Popescu drowned off the coast of Costa Rica at the age of 41, according to local reports. Online speculation has centred around what will happen to his cryptocurrency fortune.