Musk’s mischief sends shockwaves through crypto markets February 10, 2021 Elon Musk has disrupted the cryptocurrency world yet again with Doge tweet
All-time high bonanza for cryptocurrency February 10, 2021 Crypto at a Glance The markets continue to bathe in the glow of Tesla’s warm embrace, with Bitcoin hitting yet another (yawn) new all-time yesterday of over $48,000. It’s still not quite $50,000, but it will do for now. It’s green across the board today, with new all-time highs for Aave and Polkadot yesterday. Cardano [...]
FTSE 100 closes flat while Wall Street rally loses steam February 9, 2021 The FTSE 100 closed flat on Tuesday afternoon while Wall Street retreated on the back off a record session yesterday. London’s blue-chip index closed 0.12 per cent higher as sterling rose to a near three-month high, largely because the dollar floundered as investors eyed a large stimulus package on the horizon. The FTSE 250 closed [...]
Elon’s Tesla play sends Bitcoin ballistic like one of his SpaceX Falcon 9 Rockets! February 9, 2021 Crypto at a Glance Well, the inevitable indeed happened. After week’s of batted eyelashes, flirty texts, and pumping Doge, Elon Musk finally put up and put out. Musk has boarded the big bus to bitcoin city, population 21 million AND NEVER ANY MORE THAN THAT. via GIPHY That’s right, Elon Musk’s car firm Tesla yesterday [...]
Bitcoin pushes past $48,000 to new record high February 9, 2021 Bitcoin is extending its gain this morning, hitting a new record high of $48,216 during late afternoon trading in Asia. The cryptocurrency was driven to fresh record highs overnight – it traded above $47,000 late last night UK time – on the news that Elon Musk’s Tesla bought $1.5bn worth of the cryptocurrency. In the [...]
Before the Bell: Bitcoin goes through the roof as positive investor sentiment persists February 9, 2021 Bitcoin was driven to fresh record highs overnight – it traded above $47,000 – on the news that Tesla bought $1.5bn worth of the cryptocurrency. In the same announcement, the electric vehicle manufacturer revealed that it intends to accept the digital currency as a method of payment too. “One of the criticisms of Bitcoin is [...]
What is Clubhouse? The $1bn app loved by Elon Musk and Mark Zuckerberg February 9, 2021 Elon Musk knows how to send markets into a tizzy, with his tweets about bitcoin and dogecoin sending prices skyrocketing. Now invite-only audio app Clubhouse is the latest craze to feel the Elon effect. At the end of last month Musk made his first appearance on the audio app with Robinhood’s chief executive. The stream maxed [...]
Crypto exchanges glitch on bitcoin bounce after Tesla’s $1.5bn investment February 8, 2021 Cryptocurrency exchanges were battling technical issues this evening as trading volumes soared following the announcement that Elon Musk’s Tesla had invested $1.5bn in bitcoin. The electric carmaker said it had bought Bitcoin for “more flexibility to further diversify and maximise returns on our cash.” Elon Musk’s company added it may invest a future portion of [...]
US markets surge to a record and FTSE starts the week on a high February 8, 2021 US markets surge to a record and FTSE starts the week on a high
Bitcoin retests $40,000 as active addresses hit new all-time high February 8, 2021 CryptoCompare data shows the price of Bitcoin (BTC) moved from around $34,000 to retest its all-time high near $42,000, but the price seemingly failed to break above $41,000 and has since corrected to trade at $39,000. Ether (ETH), the second-largest cryptocurrency by market capitalization, started the week above $1,300 and moved steadily up to a [...]