Nasdaq-listed Microstrategy has bought the dip and purchased $15 million more bitcoins, taking advantage of the falling price for the cryptocurrency after Tesla CEO Elon Musk revealed that his company has suspended accepting bitcoin for payment. Microstrategy now holds about 91,850 bitcoins. Microstrategy announced Thursday that it has purchased $15 million more in bitcoin. CEO […]
Bitcoin Price Prediction: How BTC Value Will Change by 2025, 2030, 2050?
Coinspeaker Bitcoin Price Prediction: How BTC Value Will Change by 2025, 2030, 2050? Since its inception, Bitcoin has changed the financial world and more. It’s cut the use of intermediaries and increased the assets it can be used on. However, the price of any cryptocurrency is captive to market price volatility, making it difficult to […]
BTC Price Lost More Than $10K after Tesla CEO Elon Musk Slammed Bitcoin over Environmental Issues
Coinspeaker BTC Price Lost More Than $10K after Tesla CEO Elon Musk Slammed Bitcoin over Environmental Issues Bitcoin price slid as much as 15%, below $50,000, after Elon Musk halted Tesla Inc (NASDAQ: TSLA) purchases with the cryptocurrency due to environmental concerns. The asset shed over 10k in a few hours, with over $365 billion […]
Following Misguided Elon Musk Tweet, Bitcoin Price Dips
A tweet from Tesla CEO Elon Musk, making inaccurate claims about Bitcoin’s energy use, likely caused a dip in the bitcoin price. At approximately 6:00 p.m. EST last night, May 12, CEO of Tesla Elon Musk posted a tweet in regards to Bitcoin and Tesla that appeared to have significant market impact. Source The tweet […]
Bitcoin is durable, says BlackRock’s Rick Rieder
The chief investment officer seemed to be unmoved by Elon Musk’s announcement yesterday, but still highlighted some challenges Bitcoin will likely face. Rick Rieder, chief investment officer at BlackRock Financial Management, is pushing back against Telsa CEO Elon Musk’s decision to drop Bitcoin as a form of payment. In an interview with CNBC’s Squawk Box […]
Around the Block #14: DeFi insurance
Around the Block sheds light on key issues in the crypto space. In this edition Justin Mart and Ryan Yi share a deep dive on DeFi insurance. Where are all the DeFi insurance markets? Insurance may not be the most exciting part of crypto, but it is a key piece that’s missing in DeFi today. […]
Kraken Daily Market Report for May 12 2021
Overview Total spot trading volume at $4.1 billion, 40% higher than the 30-day average of $2.92 billion. Total futures notional at $1.35 billion. The top five traded coins were, respectively, Ethereum (+2.5%), Bitcoin (0.1%), Tether (+0%), Dogecoin (+2.1%), and Cardano (-0.2%) – three days in a row. Wide range of returns: Waves (+15%), AAVE (+12%), […]
Chainlink, SushiSwap execs join non-profit GoodFi to bring ‘DeFi to 100 million people’
Over 22 developers and executives from decentralized finance (DeFi) heavy-hitters Chainlink, Aave, Sushiswap, and several other crypto projects have joined GoodFi, a not-for-profit organization created by decentralized ledger network Radix. The non-profit hopes to onboard 100 million people into the DeFi space by 2025, it shared in a release with CryptoSlate. Enhancing DeFi As per […]
Changelly-powered deFIRE Raises $5 Million in Pre-IDO Funding Round to Bring Defi onto the Cardano Ecosystem
Coinspeaker Changelly-powered deFIRE Raises $5 Million in Pre-IDO Funding Round to Bring Defi onto the Cardano Ecosystem deFIRE, the decentralized smart order routing engine being built on Сardano, has raised $5 million in a pre-IDO funding round. The venture capital round comes shortly before the deFIRE token makes its debut through an initial DEX offering […]
DeFi Infrastructure Is More Complete Than You Think
Coinspeaker DeFi Infrastructure Is More Complete Than You Think Decentralized finance, or DeFi, has long been hailed as the future of the cryptocurrency space, thanks to the increasingly diverse range of protocols and tools that empower cryptocurrency holders. But though the DeFi industry has only really been witnessing explosive growth over the last three years, […]