Tue, April 30, 2024

Cryptocurrencies

Elon musk

Anonymous hackers target Elon Musk as he “destroyed” crypto

MA video on YouTube purporting to be from the hacker organization Anonymous targeting Tesla and SpaceX CEO Elon Musk The video says that Musk’s tweets disrupted the cryptocurrency market and had “destroyed the lives of hardworking people.” The video members have the nature and name of the decentralized hacker organization. It is impossible to be …

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dogecoin

Dogecoin price rises after Coinbase adds it on Coinbase Pro

Coinbase announced that users would start trading Dogecoin on its more advanced trading platform Coinbase Pro from noon, June 3. It’s no surprise that Coinbase Pro decided to add fans’ favorite cryptocurrency to its trading lineup. At some point last month, before Elon Musk’s SNL showed up, a Dogecoin was worth $0.63. Musk called himself …

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Ethereum-based status

Norton Crypto – the new mining feature for Ethereum

NortonLifelock has added the ability to mine Ethereum cryptocurrency directly in its Norton 360 antivirus program. Starting from June 3rd, selected 360 users will join Norton’s Ethereum mining early adopter program. Norton also plans to open mining services to nearly 13 million 360 customers in the next few months. Norton emphasized that its service allows …

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ethereum and bitcoin

Bitcoin collapse continues while ETH gains BTC supporters

According to JPMorgan analysts, the largest cryptocurrency might continue falling in the short term. Bitcoin is much likely to keep following the worst May For Bitcoin in the past ten years. JPMorgan strategists wrote that weaker institutional demand might drag Bitcoin prices below $30,000. Based on the volatility of Bitcoin to gold, Bitcoin will continue …

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paypal bitcoin

PayPal will add a crypto-withdrawal feature soon

PayPal announced a new feature on Wednesday that will allow users to buy, hold and sell cryptocurrencies. Soon, PayPal users will be able to transfer funds to their external digital wallets. The company stated in a press release that its new cryptocurrency service will be launched in the U.S. in the coming weeks and will …

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Bitcoin collapse

Bitcoin’s collapse is excellent news, Robert Kiyosaki states

Bitcoin price will enter its worst month since 2011. The famous investor called Bitcoin’s collapse great news. Robert Kiyosaki, the author of “Rich Dad, Poor Dad,” said that bitcoin’s collapse provides a good buying opportunity on Sunday. Kiyosaki plans to buy again after the price reaches $27,000. He says a lot is depended on the …

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Crypto might become a reason for the next financial crisis

Metalla Royal & Streaming CEO of precious metals, Brett Heath, talked about the next financial crisis which cryptos might cause. Metalla Royal & Streaming is a Canada-based company founded in 1983. The company’s current net worth is approximately US$1 billion. The company provides exposure to precious metals through royalties and flows of gold and silver. …

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bitcoin mining, crypto mining

Inner Mongolia escalates restrictions on crypto mining

China’s Inner Mongolia region has proposed to punish companies and individuals involved in digital currency mining. Before this, China stated that it is necessary to severely crackdown on Bitcoin’s mining and trading. Their goal is to prevent transferring personal risks to the social realm. The world sees these comments as Beijing’s intention to continue its …

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btc, bitcoin, BitMEX and U.S. markets, Chia Network

XCH–an eco-friendly alternative to Bitcoin

Blockchain startup “Chia Network” raised $61 million in a round of financing. It includes investments from top venture capital firms Andreessen Horowitz and Richmond Global Ventures. The value of the decentralized innovative contract platform in this round of financing is approximately US$500 million. This financing round also received support from AngelList Naval Ravikant, CEO and …

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Ethereum updates its algorithm to reduce transaction fees - Dencun

Ethereum updates its algorithm to reduce transaction fees

Vitalik Buterin, Ethereum’s co-founder, issued a long paper regarding the scalability limits of blockchains. He also criticized Tesla CEO Elon Musk’s claims which had a massive impact on cryptocurrency movements. Buterin emphasized the need for decentralized management to eliminate the risk of a single point of failure in the network. He also widely distributed networks …

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Bitcoin price decrease

Crypto trading platforms also plum after Bitcoin price drop

As the price of digital coins plummeted, cryptocurrency exchange Coinbase fell on Wednesday morning. The company’s stock fell 10% after it began trading on Wednesday. Five weeks ago, before Coinbase made its public debut, the price of Bitcoin reached $65,000 and then peaked. When cryptocurrency plummeted, the Coinbase app and website also started working with …

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How can the Future of Bitcoin develop?

How can the Future of Bitcoin develop?

Bitcoin was close to $40,000 this week because “Dogefather” Elon Musk caused pure pain to the holder-what can be next? After a painful weekend for many cryptocurrency investors, Monday set the next chapter of the 2021 bull market. Many factors shaped the “future” of Bitcoin and Altcoins. The activities of Elon Musk adversely affected Bitcoin …

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Elon Musk, Bitcoin and Dogecoin

What is Elon Musk’s Plan For His Existing Bitcoin?

Elon Musk hinted on Sunday that he would sell or may have sold the rest of its holdings of Bitcoin. Unsurprisingly, this has caused the price of cryptocurrencies to fall. According to data from Coin Metrics, after these comments, the price of Bitcoin plummeted. As of 12:07 EST on Monday, the transaction price was $42,241.44. …

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