Share to FacebookShare to TwitterShare to LinkedinBitcoin and cryptocurrency investors are still reeling from a week that’s left the crypto market $300 billion lighter. The bitcoin price moved sharply lower this week, dragging down the wider $2.2 trillion cryptocurrency market, after Tesla TSLA billionaire Elon Musk announced his company would scale back its bitcoin ambitions—at…
Share to FacebookShare to TwitterShare to LinkedinTopline The price of dogecoin surged nearly 30% Friday following support from billionaire Elon Musk and an announcement that crypto exchange Coinbase would list the token, a boost that has allowed the volatile asset to reclaim its spot as the fourth most valuable cryptocurrency in an otherwise dismal market…
Share to FacebookShare to TwitterShare to LinkedinTopline Though the broader cryptocurrency market plunged after billionaire Elon Musk said Tesla would no longer accept bitcoin because of its hefty environmental cost, the price of Cardano’s ada, the world’s fourth most valuable token, surged, as crypto traders plow into the token that promises it’s a much less…
Tesla CEO Elon Musk in Los Angeles. zz/Wil R/STAR MAX/IPx Elon Musk, who has become a volatile force in the cryptocurrency universe, said Tesla is no longer accepting Bitcoin as payment for purchases of its electric vehicles owing to the excessive amount of carbon-based energy it uses. Bitcoin plunged following his comments. “We are concerned…
Share to FacebookShare to TwitterShare to LinkedinTopline The Colonial Pipeline Company reportedly paid hackers $5 million on Friday following a cyberattack that forced the pipeline offline and created a severe gas shortage, sources told Bloomberg News Thursday, which conflicts with reports the company would not pay a ransom. A Colonial Pipeline storage site in Charlotte,…
Share to FacebookShare to TwitterShare to LinkedinTopline The World Health Organisation warned against the use of the anti-parasitic drug Ivermectin in treating Covid-19 on Tuesday after the Indian state of Goa announced it would give the drug to all its adult residents based on an unproven claim that it may help reduce the severity of…
Share to FacebookShare to TwitterShare to LinkedinTopline Shiba Inu-based cryptocurrency dogecoin reclaimed its spot as the fourth most valuable cryptocurrency Tuesday after Tesla CEO Elon Musk asked Twitter followers if the company should accept the token as payment for its vehicles, a move that could legitimize the highly volatile asset and restore some of the…
Share to FacebookShare to TwitterShare to LinkedinTopline Billionaire Elon Musk told viewers of Saturday Night Live he has Asperger’s syndrome shortly after he took the stage for his guest host appearance on the legendary sketch show. SpaceX owner and Tesla CEO Elon Musk arrives on the red carpet for the Axel Springer Award 2020 on…
Share to FacebookShare to TwitterShare to LinkedinTopline The value of dogecoin sank to 44 cents on Sunday morning despite multiple shoutouts from Tesla billionaire Elon Musk during his much-anticipated appearance on “Saturday Night Live,” a disappointment for the many investors who hoped the self-proclaimed “Dogefather” would help rally the coin’s value past $1. SpaceX owner…
Share to FacebookShare to TwitterShare to LinkedinTopline Tesla CEO Elon Musk urged people to be wary when investing in cryptocurrencies Friday as his upcoming appearance on Saturday Night Live spurred investors to pile into ‘joke’ cryptocurrency dogecoin this week, leaving it the fourth most valuable cryptocurrency as its value soared to new record highs. Elon…
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