Bitcoin (BTC) fan, Tesla CEO and world’s richest man Elon Musk says he will sell 10% of Tesla stock (TSLA) if Twitter tells him to. In a Twitter survey on Nov. 6, Musk entered the debate on United States tax policy by offering to test it with a sale currently worth $23 billion. Twitter tells Musk to sell $TSLA U.S.…
Month: November 2021
A Conversation with the Wassie, the Bizarre Obsession of Crypto Traders on Twitter
If you have taken so much as a cursory glance at Crypto Twitter, you may have noticed the phenomenon of the Wassie. Beloved by crypto traders, the Wassie is a fictional creature who typically takes the form of a Pepe-like frog sporting a red baseball cap, looking rather downbeat. He is highly destructible, and dies violently every two weeks, before…
Bitcoin consolidates right below Fib level that triggered 2013 all-time highs
Bitcoin (BTC) continued to track sideways on Nov. 7 amid warnings that now is “not the time” to sell BTC. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView “Not the time to be selling” Data from Cointelegraph Markets Pro and TradingViewshowed BTC/USD lingering near $62,000 throughout Sunday. The pair had continued a flat period over the weekend, as market participants waited…
Congress Passes $1.2 Trillion Infrastructure Bill Crypto Advocates Criticize Amended Broker Definition, Tax Code 6050I – Bitcoin News
Congress has passed the Biden administration’s bill aimed at improving infrastructure, fighting climate change, and bolstering social services. The $1.2 trillion infrastructure bill, which also expands the definition of a broker, awaits U.S. president Joe Biden’s signature after passing with a vote of 228–206 on Friday. Bipartisan Infrastructure Bill Passes to the Tune of $1.2 Trillion The bipartisan infrastructure bill…
Solana surpasses Cardano, Tether to become fourth-biggest crypto worth $76 billion
Solana (SOL) surpassed Cardano (ADA) and leading stablecoin Tether (USDT) to become the fourth-largest cryptocurrency by market capitalization. At press time, the net worth of total SOL tokens in circulation was a little over $76 billion, falling only behind Binance Coin’s (BNB) $109 billion, Ether’s (ETH) $540 billion, and Bitcoin’s (BTC) $1.17 trillion. Top ten cryptocurrencies by market cap as…
JP Morgan Spinoff Kadena Hits All-Time High After Rising 210% in Week
Kadena set a new all-time high of $18.38 in the early hours of the morning UTC as prices rose more than 43% in the last 24 hours and around 210% in the last 7 days. In the space of 10 hours since setting a new record, Kadena has suffered a near 10% pullback and currently trades at a price of…
This Week on Crypto Twitter: Kylie Jenner, Michael Saylor and NFT NYC
Illustration by Mitchell Preffer for Decrypt The annual NFT NYC conference took center stage this week on Crypto Twitter, swarming feeds with NFTs faster than people could mint them. But sift through the noise and theres even more going on this week. Read on to find out. Monday On Monday, Michael Saylor, co-founder of US software company MicroStrategy, tweeted in…
6 Questions for Daniela Barbosa of Hyperledger – Cointelegraph Magazine
We ask the buidlers in the blockchain and cryptocurrency sector for their thoughts on the industry… and we throw in a few random zingers to keep them on their toes! This week, our 6 Questions go to Daniela Barbosa, general manager for blockchain, healthcare and identity at the Linux Foundation and executive director of Hyperledger. At Hyperledger, Daniela is…
Digital Euro Should Be Attractive But Not Too Successful, ECBs Panetta Says – Finance Bitcoin News
The digital euro should be an attractive means of payment but its design should prevent it from becoming so successful as a store of value that it threatens banks and private money, according to Fabio Panetta, a high-ranking executive at the European Central Bank. Panetta stressed that both this paradox as well as the need to issue a successful CBDC…
Solana Hits All-Time High of $260
Solana set another all-time high last night. Just two days after the Ethereum competitor crossed the $250 threshold, prices surged yet again, taking Solana to $260 by 9.39PM UTC. At the time of writing, it trades for $251.53, a 3.32% pullback, but still 35% higher than it was seven days ago. Todays news adds further excitement to what has been…