Bitcoin Down and Back-Up as Elon Musk Rattles the Cage
Elon Musk said yesterday that he does not see Bitcoin as being fully decentralized, due to a large majority of mining being controlled by a small number of people.
Elon Musk said yesterday that he does not see Bitcoin as being fully decentralized, due to a large majority of mining being controlled by a small number of people.
Bitcoin was positive on the week, but the coin was unable to pierce the $60k level. The US dollar was lower again, but the digital bellwether was unable to see extended gains. Bitcoin’s underperformance lately is likely due to the
Tesla CEO Elon Musk is set to host Saturday Night Live on May 8. He has pitched sketch premises in preparation for the event via social media, and one of those ideas features Dogecoin.
Electric vehicle manufacturer Tesla has published its quarterly earnings report, revealing that it has sold part of its original Bitcoin investment.
Bitcoin failure to hold the record highs above $60k has caused further selling for the coin.
Coinbase, a popular U.S.-based cryptocurrency exchange, is scheduled to begin trading on the stock market on Wednesday, April 14.
Bitcoin was back above the $60k level again this week as trades try to push the coin through the resistance levels above.
BTC has failed to reach new highs this week. Visa trials cryptocurrency payments for end of year rollout.
The Bitcoin price pulled back from the $60,000 level last week and saw lows just shy of the $50k mark. The market responded to worry about a record $6bn options expiry on Friday, but once that was complete, BTC rallied
American news magazine TIME has revealed that it is entering crypto with two big moves: blockchain NFT tokens and crypto subscription payments.
BTC has had its critics over energy usage but renewables trends should help.
Actor and former pro football player Terry Crews is launching a social currency on the Ethereum blockchain.
Bitcoin saw another record high on the weekend above the $61,000 level as corporate demand continues.
The NBA and several professional basketball team owners have created a blockchain advisory group
