The leading cryptocurrency bitcoin has dropped 20% in value after Tesla announced on May 12, the electric car firm would not be accepting bitcoin for purchases. Two days later, the…
On multiple occasions tweets by Elon Musk have dramatically moved the markets, with Bitcoin and Dogecoin particularly affected. Musk’s musings have propelled both cryptocurrencies, among others, into wild rides, which…
Bitcoin Price Prediction – May 17 The daily chart reveals that the Bitcoin price is down by 4.89% in the last 24 hours, trading at $44,195 at the time of…
Bitcoin Price Prediction – May 17There has been an extension of price correction in the BTC/USD market valuation. The crypto’s worth now declines to trade around $45,140 with about a…
Bitcoin Price Prediction – May 17, 2021BTC/USD has continued the downward move after a retest at the $50,000 psychological price level. After the rejection from the $58,000 high, BTC price…
A Wells Fargo analyst has predicted the largest “reduction in U.S. bank headcount in history.” Banks are expected to cut 200,000 jobs as they strive to improve productivity and efficiency…
Following concerns raised by Tesla CEO Elon Musk about Bitcoin’s energy consumption, global asset manager Ark Investment Management explained that the concerns are “misguided.” Referring to its research using real-world…
