Are things about to go under for Elon Musk, the famed founder of SpaceX and Tesla? Analyst Julian Bridgen has been comparing Tesla’s stock price to the bitcoin bubble of 2017, which ultimately popped in very ungraceful fashion. He’s claiming that Tesla can expect to see similar results very soon.Tesla Isn’t Looking Very Stable as of LateElon Musk is a very intriguing figure in many ways. Despite having little to do with bitcoin, he’s come to be known as one of the biggest promoters of the...
Read More »Messari: DeFi is Smaller Than Some Worthless Cryptos
Messari crypto researcher, Ryan Watkins, has recently delved into the market values of the decentralized finance sector, comparing it to some of the other players in the crypto industry. He concluded that DeFi is still a minnow despite its massive growth in popularity this year.The entirety of what we call DeFi is worth less than both XRP and Bitcoin Cash alone.Despite its rerating over the past couple months, DeFi is still extremely small in perspective.1/ pic.twitter.com/rd4LZbDeu6— Ryan...
Read More »Dogecoin Enjoyed a Solid Weekend Thanks to Elon Musk
Elon Musk is back at it again, trolling Dogecoin and getting the “joke” currency to pump like mad over the weekend.Dogecoin Really Surged Over the WeekendIn a series of tweets, Elon Musk got people interested in Dogecoin by posting a meme related to the currency. This, naturally, got a lot of people talking and caused the currency’s price to shoot up by more than 16 percent. Dogecoin ultimately rose eight percent further the following day after Musk fired another tweet at the currency...
Read More »Elon Musk Pumps Dogecoin, BTC Remains Asleep: Saturday Market Watch
Although the Twitter hack had some delayed effects on Bitcoin, the downward move was quickly disbanded, and BTC remained relatively calm.The altcoin market is again showing signs of volatility with numerous examples of double-digit gainers and losers, including Elon Musk’s favorite Dogecoin.Bitcoin Chills On FridayThe largest cryptocurrency by market cap has been stalled in a tight range from $9,000 to $9,300 for over a week now. The events that transpired a few days ago, namely the infamous...
Read More »Even Twitter Hack Can’t Move BTC Away From $9200, XTZ and LINK Surge (Price Watch)
Although Bitcoin received massive attention yesterday while hackers exploited almost every world leader’s Twitter accounts, the asset price refuses to move outside of its comfort zone of approximately $9,200. The altcoin market, though, remains volatile – Chainlink reached a new all-time high yesterday, Tezos next?Twitter Hack Can’t Shake BitcoinAll eyes were on the popular social media platform Twitter yesterday’s night UTC. An unknown to this moment, the hackers gained access to the most...
Read More »The Dogecoin Price Just Keeps Going Up
Dogecoin has been spiking hard all week, and crypto analysts everywhere are desperate to find out why.Why Is Dogecoin Pumping So Wildly?The currency initially began as a joke – a rival of bitcoin that was never designed to be taken seriously. After all, the asset’s mascot is a cute little Shiba Inu, not the hardcore dollar sign-shaped B that has become so synonymous with bitcoin.However, something strange has been happening with the currency, which was declared to have a $1 billion market cap...
Read More »TikTok User treiben Dump and Pump-Spielchen mit Dogecoin
Der Altcoin Dogecoin befindet sich wieder einmal im Höhenflug. Die Kryptowährung, welche ursprünglich aus einem Meme entstanden ist, steht derzeit (10.07.2020) bei 0,0063 US-Dollar und damit bei einem zweijährigen Spitzenwert. Das gut 100-prozentige Wachstum ist vor allem auf die Social-Media-Anwendung TikTok zurückzuführen. Genauer: Auf die sogenannte „Dogecoin TikTok Challenge“. Seeing a lot of people point out that DOGE has a large circulating supply, and assume it is hard...
Read More »July Opens With Dull BTC Price Action Despite Stocks ATH: The Crypto Weekly Market Update
It’s safe to say that July has been relatively dull for Bitcoin when it comes to price action. The major cryptocurrency spent the last week trading in a range between $9,100 and $9,400 without any major fluctuations.It’s also worth noting that legacy markets and Bitcoin’s price remain aggressively correlated. In fact, a lot of analysts on Twitter are now saying that currently, the futures on stock markets are a valuable indicator of where Bitcoin will head next.The most recent example came...
Read More »#922 Malaysia legalisiert Krypto-Handel, Coinbase will an die Börse & Dogecoin Margin Trading OKEx
Hey Informanten, willkommen zur Bitcoin-Informant Show Nr. 922. Heute sprechen wir über folgende Themen: Malaysia legalisiert Krypto-Handel, Coinbase will an die Börse & Dogecoin Margin Trading OKEx. 1.) Malaysia legalisiert Krypto-Handelhttps://www.btc-echo.de/schlagzeilen/malaysia-legalisiert-krypto-handel/ 2.) Coinbase Eyeing US Stock Market Listing as Early as This Yearhttps://news.bitcoin.com/coinbase-eyeing-us-stock-market-listing-as-early-as-this-year/...
Read More »With The Latest TikTok Pump, Binance and OKEx Invite Their Traders To Short Dogecoin (Doge)
Following the latest impressive pump in the price of Dogecoin, largely attributed to the influx of TikTok-inspired traders, two major exchanges have added perpetual futures contracts for the coin. This allows users to essentially short DOGE with very high leverage.Dogecoin Receives The SpotlightAs CryptoPotato reported yesterday, Dogecoin surged by over 100% in less than a couple of days.The reason for this pump, however, doesn’t hide in complex technical analysis or improving fundamentals....
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