Altcoins

Elon Musk continues to drive volatility in the crypto market as bitcoin fell by $7,000 in a day before it recovered $3,000. Most altcoins are also deep in the red, with ETH dipping below $3,500 and BNB beneath $500. Bitcoin’s 24H Wild Ride It’s safe to say that the primary cryptocurrency has seen better days. In fact, they weren’t that long ago as it traded above $58,000 on May 12th. However, Elon Musk’s statement that Tesla had stopped receiving BTC payments for its electric...

It is hard to understand Elon Musk at times. There are moments when he appears to be quite clear regarding cryptocurrency, and other days when he seems to be way off the mark. Either he does not fully understand the influence he has on the space, or he does and says certain things knowing they will have certain impacts. Either way, he has now sent Dogecoin through the roof again with his latest words following the rough week it has had. Elon Musk and Dogecoin Are Mixing...

In the cryptocurrency space, it is usually considerably easier to focus on the negative than it is to look at the positive. As of late, Dogecoin is enduring some heavy suffering, with the fourth largest cryptocurrency by market cap falling as much as 20 percent in recent days, so for the most part, we are likely to see a lot of news coverage about this drop. Dogecoin Is Still a Beloved Asset However, despite this little setback, there is nothing to suggest that the...

Earlier today, it was announced on Live Bitcoin News that the price of BTC had taken a drastic fall thanks, in part, to actions taken by Elon Musk, who announced that his company Tesla had decided not to accept bitcoin payments for goods and services. As it turns out, the price of BTC – along with several other leading altcoins – may have also fallen thanks to Vitalik Buterin, the co-founder of Ethereum. Vitalik Buterin Moved a Bunch of Money Buterin has donated more...

Elon Musk hat den Markt mit einem Tweet in eine Rezession gestürzt. Im Schnitt verloren die führenden Cryptocoins zehn Prozent, nachdem Musk auf Twitter verlautete, dass Bitcoin nicht umweltfreundlich sei und Tesla den BTC nicht mehr als Zahlungsmittel akzeptieren wird. Doch wenn wir den BTC mit dem ETH Kurs vergleichen, dann konnte Ethereum sogar weiter zulegen. Bitcoin News: Wird Ethereum Bitcoin als Nummer 1 Cryptocoin ablösen?Seit Mitte April konnte Ethereum seinen Kurs im Vergleich zum...

The Proof-of-Stake Cardano surged 18% today smashing past $2 for the first time and hitting its new all-time high. Cardano co-founder Charles Hoskinson said it is 1.6 million times more energy-efficient than Bitcoin.After this week’s major market correction, the cryptocurrency market, especially altcoins, has recovered strongly. Earlier today, Cardano (ADA) price surged all the way to its new all-time high of $2.18. The Cardano (ADA) valuations touched $70 billion making it the fourth-largest...

As of late, bitcoin has been suffering somewhat. The world’s number one digital currency by market cap has fallen into the high $53,000 range, which is about $2,000 less than where it has been all week. While bitcoin falls, other currencies – such as Ethereum – are reaching record highs, yet analyst and big-time investor Stanley Druckenmiller is confident that no permanent harm will come to the currency, and that it will remain at the top of the crypto ladder at least...

To say that last week was eventful would be an understatement. The entire market went through extreme volatility. Many altcoins charted new all-time highs and went through serious declines as well. Let’s start with Bitcoin. The cryptocurrency is currently down about 10% on the weekly – last Friday, it was trading at around $57K. Unfortunately, it was all downhill from there, with the exception of the first few days as on Monday, BTC had an unsuccessful attempt at the coveted...

Bitcoin appears rather stable as of late. The currency has had some relatively wonky up-and-down moments over the past few weeks, but for the most part, the currency has found some sturdy ground to stand on over the past two days and is trading for a little over $56,000. It is not the $64,000 it was at just a few weeks ago, but it is certainly not the $49,000 it briefly dropped to after that. Bitcoin Is Seeing Some of the Same Patterns Either way, one research group is...

Elon Musk has completed his stint as a guest host on “SNL,” and it looks like Dogecoin investors are not too happy with the route he took. Dogecoin Shoots Down, Then Back Up While working on the show, Musk’s opening monologue – which also featured his mom – took a Dogecoin theme when he told his mother in the audience that he had a very special Mother’s Day gift for her. She said: I am excited for my Mother’s Day gift. I just hope it is not Dogecoin! Musk then responded...