May 19, 2021

Ethereum Market Analysis: Traders Stock Up Despite Crash

Ethereum (ETH) and the rest of the cryptocurrency market remain in a downward spiral several days after Elon Musk announced that Tesla would stop accepting Bitcoin payments. This bearish momentum has only worsened following a cryptocurrency ban announcement by China today. At press time, the second...

#CRYPTOCURRENCY #ETH #Ethereum #NEWS

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May 18, 2021

BTC Market Analysis: HODLers Keep Buying Despite Massive Correction

Bitcoin (BTC) prices appear to be regaining stability over the past few hours, following a heart-wrenching selloff. Panic sales have eased off, and weak hands have left the market. At press time, the benchmark cryptocurrency trades at +4% from its recent plunge to the $42k area. The recent correcti...

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May 17, 2021

Dogecoin Is a Better Replacement for Bitcoin: Elon Musk

Elon Musk is, once again, using his influence to push Dogecoin (DOGE) into the spotlight. Having cited concerns over the energy consumption and carbon footprint of the Bitcoin Network, Musk has proposed that Dogecoin is a more sustainable future cryptocurrency, given its environmental-friendly natu...

#CRYPTOCURRENCY #DOGE #DOGECOIN #NEWS

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May 16, 2021

Greenidge Vows to Pursue More Carbon-Neutral Bitcoin Mining Operations

Without a doubt, last week’s Bitcoin (BTC) market dynamics got driven by Tesla’s announcement that it would stop receiving BTC payments for vehicles. The electric vehicle manufacturer cited environmental concerns as the reason for its unexpected decision. The message has resonated across the indust...

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May 14, 2021

Cardano Set to Launch Alonzo Upgrade

When Charles Hoskinson founded Cardano (ADA) in 2017, his goal was to launch a fast and scalable blockchain. Because of its Proof of Stake (PoS) consensus mechanism, Cardano has achieved this goal. Although the Cardano blockchain provides faster transaction speeds when compared to Ethereum (the ind...

#ADA #Cardano #CRYPTOCURRENCY #NEWS

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May 13, 2021

Tesla Discontinues Acceptance of Bitcoin Payments for Vehicles

Billionaire CEO of Tesla, Elon Musk, has announced via a Twitter post that Bitcoin (BTC) payments will no longer get accepted by the behemoth electric vehicle manufacturer for its vehicles. In a tweet published yesterday, Musk cited Bitcoin’s immense energy consumption as the reason for the payment...

#BITCOIN #BTC #CRYPTOCURRENCY #NEWS

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May 12, 2021

Ethereum Surges to the $500 Billion Valuation Level

Ethereum (ETH) continues to show no signs of a bullish slowdown as the cryptocurrency rips through new record highs. The second-largest cryptocurrency recorded a new all-time high a few hours ago, following a +14% spike over the past 24 hours. The cryptocurrency now has a market valuation of $500 b...

#CRYPTOCURRENCY #ETH #Ethereum #NEWS

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May 11, 2021

Morgan Creek’s CEO Expects Bitcoin to Hit $250k Over the Next Five Years

Bitcoin (BTC) has struggled to reclaim the $65k all-time high recorded sometime in April, the benchmark cryptocurrency trade on a sideways bias. Despite the recent bearishness seen in BTC, Mark Yusko, the CEO of Morgan Creek Capital Management, recently made a bullish prediction for the benchmark c...

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May 10, 2021

SpaceX Announces Plan to Accept Dogecoin Payments for Space Missions

Just a few months after Elon Musk’s Tesla announced its move to start accepting Bitcoin payments, another of Musk’s companies, SpaceX, has announced that it will accept Dogecoin (DOGE) payments for its space missions. This announcement comes just a day after Elon Musk hosted the ‘SNL’ and called Do...

#CRYPTOCURRENCY #DOGE #DOGECOIN #NEWS

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