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Allianz Chief Economic Advisor Says Elon Musk has a Huge Influence on Bitcoin Adoption

June 14, 2021 , , , , , , , , , , , , , , , , , , , , , , Eddy 0

Mohamed A. El-Erian, the chief economic advisor for Allianz, an asset management and insurance firm recently appeared on CNBC’s Squawk Box, where he talked about Fed’s recent meeting, Bitcoin and Elon Musk. The chief economic advisor said Bitcoin is currently in a tug-of-war between regulation and adoption. He said Elon Musk, the Tesla CEO has […]

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Just-In: Hut 8 Mining to go Live on Nasdaq This Week

June 14, 2021 , , , , , , , , , , , , , , , , , , , , , , , Eddy 0

Hut 8 Mining, the largest North American crypto mining company is all set to debut on Nasdaq later this week. The firm’s stock would be listed on Nasdaq Select Market. The firm holds one of the highest installed capacity rates in the industry and is a global leader in held, self-mined Bitcoin of any crypto […]

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Elon Musk Mocks ‘Anonymous,’ Days After the Hacker Group’s Call Out

June 14, 2021 , , , , , , , , , , , , , , , , , , , , , , , Eddy 0

Elon Musk, the Tesla CEO has responded to the video which was made to look like it was from the famous hacker group ‘Anonymous,’ with a meme. The meme mocked the group’s threat to the billionaire in the most Elon Musk way. !! pic.twitter.com/3H9gMEmSLF — Elon Musk (@elonmusk) June 14, 2021 The Anonymous Hacker Group […]

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Bitcoin Spikes $4K Following Elon Musk’s Tweet, BTC Dominance Rising (Market Watch)

Bitcoin Spikes $4K Following Elon Musk’s Tweet, BTC Dominance Rising (Market Watch)

June 14, 2021 , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , Eddy 0

After dumping below $35,000 once more, bitcoin has bounced off quite nicely by adding more than $4,000 of value in hours. Most alternative coins have followed suit with impressive gains, including ETH challenging $2,500. Bitcoin Eyes $40K As it happened in the past few weekends, bitcoin lost traction once Saturday came. The positive news from […]

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Bitcoin Has to Overcome Elon Musk’s Comments, Says Fundstrat’s Tom Lee

June 14, 2021 , , , , , , , , , Eddy 0

Bitcoin has to evolve further from this point given the fact that it fluctuates by double-digits after most Elon Musk social media engagements, argued Fundrat’s Managing Partner – Tom Lee. He also opined that the recent price movements show there’s a little-to-no institutional impact on the market yet. BTC Has to Outgrow Musk’s Comments The […]

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Canada’s Purpose Bitcoin ETF Continue Systematic Accumulation Over Last Month’s Price Decline

June 14, 2021 , , , , , , , , , , , , , , , , , , , , , , , Eddy 0

The Bitcoin (BTC) price is up 12% today aiming to surge past $40,000 levels after Elon Musk tweets that Tesla will once again resume Bitcoin transactions once 50% of the mining industry turns to renewables. However, Bitcoin has continued to remain on a serious decline and trading sideways over the last month. But this hasn’t […]

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Bitcoin (BTC) Jumps 12% Today But Crowd Sentiment for Altcoins Turn Negative. End of Bull Run?

June 14, 2021 , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , Eddy 0

The overall cryptocurrency market is up 8% as of writing this story with Bitcoin (BTC) shooting 12% taking its overall market dominance above 45%. The Bitcoin price has shot up post-Elon Musk stating that Tesla will once again accept Bitcoin (BTC) payments once 50% of BTC mining turns on renewables. Late Sunday evening, June 13, […]

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Bitcoin Price Forecast: BTC bulls’ bid for $40,000 delayed at $39,000 key technical level

June 14, 2021 , , , , , , , , , , , , , , , , , , , , , , , , , Eddy 0

Bitcoin has gradually but consistently lifted from $31,000 to levels near $40,000. However, the flagship cryptocurrency has not entirely broken above the resistance at $40,000, especially with immense resistance presented by the 200 Simple Moving Average (SMA) on the four-hour chart. At the time of writing, BTC trades at $38,800 following a minor rejection from […]

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Elon Musk: Tesla Will Resume Allowing Bitcoin Transactions With One Condition

June 13, 2021 , , , , , , , , , Eddy 0

After Tesla stopped accepting Bitcoin as a payment method for its electric cars back in May, Elon Musk has stated that his company would resume receiving Bitcoin transactions, with one condition dependent on the energy consumption. Exactly one month following Tesla’s announcement of halting bitcoin payments, Elon Musk has said on Sunday that the electric […]

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Max Keiser Suggests El Salvador to Float Bitcoin ‘Volcano Bonds’ to Retire the IMF Loans

June 13, 2021 , , , , , , , , , , , , , , , , , , , , , , , , , Eddy 0

Last week, El Salvador passed the historic Bitcoin law making it the first country to make Bitcoin a legal tender. Soon as the Bitcoin law comes into action in the next 90 days, merchants will start accepting it against their goods and services. However, the International Monetary Fund (IMF) raised objections citing legal and economic […]

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