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 [...]
Cash is still king for the majority of UK investors February 9, 2021 Cautious Brits have continued to pile money into cash savings even as interest rates remain at record lows. Some 70 per cent of Brits have put their money into cash savings with a further 38 per cent putting more in over the next year, according to research commissioned by broker HYCM. It comes even after [...]
This is just the beginning of the crypto revolution February 9, 2021 Cryptocurrency has been in the news on an almost daily basis over the last few weeks – bitcoin’s volatility throughout January has been well-documented, most recently the notable surge in value that followed Elon Musk changing his Twitter bio to read #bitcoin. Elsewhere, Ray Dalio, founder and chief investment officer of Bridgewater Associates’ referred to [...]
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 [...]
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 [...]
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 [...]
Ether futures set for Chicago Mercantile Exchange launch today February 8, 2021 Crypto at a Glance Happy Monday! And what a happy Monday it is. Bitcoin is back paddling in the warm waters around the $40k level and just closed the week at its highest price in history, Ether’s (ETH) bull run continues apace with prices soaring past $1,700 to new all-time highs, and Cardano (ADA) just [...]