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Bitcoin (BTC)

Fisker Car Company Rejects the Idea of BTC Payments

Electric car company Fisker Inc. is taking a page out of Tesla’s book and is giving a big thumbs down to the idea of bitcoin payments, claiming it will not be accepting the world’s largest and most popular cryptocurrency by market cap anytime soon for goods and services. Fisker Says “No” To BTC Tesla announced a few weeks ago that the company would be accepting bitcoin for items it produced. Customers could literally walk into a dealership then choose the car they liked...

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Tesla Hasn’t Sold Any BTC, According to Elon Musk

Elon Musk and Tesla have been in the news a lot as of late, primarily for their roles in the bitcoin community. Just a few days ago, it was widely speculated that Elon Musk was potentially looking into selling all his bitcoins and that he may part ways with his stash. However, while nothing can be said for his personal crypto collection, Musk has assured his social media followers and crypto fans everywhere that Tesla has not parted with any of its digital assets. Elon...

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How Does the May 19th Bitcoin Correction Compare to History?

Bitcoin and the rest of the market tanked yesterday. Red was all over the place with double-digit drops across all charts. In BTC’s case, this nosedive came as a continuation of larger retracement that started after the all-time high in April at $65,000. However, how does this correction compare to others? Mid-2021 Correction: What Happened? Before heading into the most recent price developments, it’s worth exploring what transpired before the market got there. In short,...

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Hedge Funds and Asset Managers Buying Bitcoin Dip, Say Trading Firms

According to Aya Kantorovich, head of institutional sales for FalconX, the over 30% spike in the price of Bitcoin within a few hours is a result of asset managers buying the current Bitcoin dip.Trading firms have revealed that hedge funds and asset managers have once again taken the opportunity of the current market pullback, buying the current Bitcoin dip. It is no secret that Bitcoin’s wild and volatile swings do come with a buying opportunity for investors and newbies in the crypto space....

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Bitcoin Bull Run Still ‘In Tact’, According to SkyBridge Capital’s Anthony Scaramucci

Bitcoin’s 2021 bull cycle was paused, not entirely stopped, and will resume, opined the founder of SkyBridge Capital – Anthony Scaramucci. In a new interview, the former White House Communications Director addressed the recent environmental issues and called Bitcoin a fully robust monetary network. Yesterday’s market crash that saw bitcoin sliding by more than $10,000 in minutes sent shockwaves among investors and commentators rushing to offer their opinion on the matter. The...

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Another U-Turn: Guggenheim CIO Scott Minerd Calls Crypto ‘Tulip Mania’

Scott Minerd – Global Chief Investment Officer and Chairman of Guggenheim Partners – compared the recent crypto market collapse to the ”Tulipmania’ in the 17th century. His current stance came somewhat unexpectedly since not long ago, he predicted a price of $600,000 for Bitcoin. Crypto Is a ‘Tulipmania’ The recent crypto market crash created an opportunity for numerous investors and influential people to express their predictions about the current state and future price of...

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Coinbase (COIN) Stock Dips 6% Yesterday but Was Up 3% in Pre-market amid Crypto Market Crash

Experts believe that the crypto market crash is bad for Coinbase business and might deter potential customers.Coinbase Global Inc (NASDAQ: COIN) share prices took a nose-dive on Wednesday. In what was generally a bad day for crypto, the crypto exchange’s stock was down 6% to $219.16 per share as markets opened. This was 8% less than its April 14 $250 market debut reference price.Wednesday’s total cryptocurrency market value was down a fourth at $1.57T in a period of just 24 hours. Top...

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Elon Musk Tweets ‘Diamond Hands’ on Behalf of Tesla after Bitcoin Price Crash

“Diamond Hands” is a popular meme by the “WallStreetBets” Reddit forum in reference to investors who believe that their investments will be eventually profitable and keep them holding even if the asset price drops.On Wednesday, May 19, Bitcoin (BTC) price plunged all the way down to $30,000 in one of the biggest crashes in market history. There was major mayhem in the crypto space as major investors started liquidating their holdings. However, for a change of heart, Elon Musk can to the...

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Massenpanik löst Bitcoin-Crash aus

Gestern haben wir den größten Crash der bisherigen Geschichte des Bitcoin gesehen. Nachdem Tweets von Elon Musk bereits eine negative Grundstimmung erzeugt hatten, lösten gestern die Whales einen Crash aus, der fast 30 Prozent des Kurses in wenigen Stunden auffraß. Bitcoin News: Massenpanik löst Bitcoin-Crash ausSchon am Vortag verlor der BTC in der Spitze 5.000 US-Dollar. Doch innerhalb von nur zwei Stunden kamen gestern 6.000 US-Dollar Verlust hinzu. Dass es nur kurz nach dem Dip wieder um...

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