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Market News

Bitcoin Top Could Be Near, According to Trader Who Called 2019 Collapse – Here’s His New Forecast

  • Post author:Auto News Feed
  • Post published:May 14, 2021
  • Post category:Market News

A prominent crypto analyst who gained popularity by accurately predicting the timing of the 2019 market collapse is warning traders that the Bitcoin price may be headed for lower ranges.…

Continue ReadingBitcoin Top Could Be Near, According to Trader Who Called 2019 Collapse – Here’s His New Forecast

SEC Issues Stark Warning on Volatility, Potential for Manipulation in Bitcoin Futures Market

  • Post author:Auto News Feed
  • Post published:May 14, 2021
  • Post category:Market News

The U.S. Securities and Exchange Commission (SEC) is warning investors about the risks of investing in the top cryptocurrency. In a new statement, the SEC expresses concern regarding mutual funds…

Continue ReadingSEC Issues Stark Warning on Volatility, Potential for Manipulation in Bitcoin Futures Market

Metaverse Introduces ‘Stickers’ – A New Generation of DeFi-Powered NFTs

  • Post author:Auto News Feed
  • Post published:May 14, 2021
  • Post category:Market News

The ‘Stickers’ crypto art zone mixes yield farming with NFTs to collect and earn rewards. Metaverse, the secure, powerful and accessible public blockchain for digital assets, announced today the introduction…

Continue ReadingMetaverse Introduces ‘Stickers’ – A New Generation of DeFi-Powered NFTs
Read more about the article Elon Musk: Tesla Has Stopped Accepting Bitcoin Due to Environmental Impact

Elon Musk: Tesla Has Stopped Accepting Bitcoin Due to Environmental Impact

  • Post author:Auto News Feed
  • Post published:May 13, 2021
  • Post category:Market News

In a tweet on Wednesday, Tesla CEO Elon Musk said the company will no longer accept Bitcoin as payment for its cars, citing concerns over the energy expenditure of Bitcoin…

Continue ReadingElon Musk: Tesla Has Stopped Accepting Bitcoin Due to Environmental Impact
Read more about the article Facebook’s Crypto Ambitions Stumble Forward With Plans for U.S. Stablecoin

Facebook’s Crypto Ambitions Stumble Forward With Plans for U.S. Stablecoin

  • Post author:Auto News Feed
  • Post published:May 13, 2021
  • Post category:Market News

Facebook's long-delayed cryptocurrency plans took a modest step forward on Wednesday when the project it is backing, the Diem Association, announced it would launch a U.S. stablecoin. Upon launch, consumers…

Continue ReadingFacebook’s Crypto Ambitions Stumble Forward With Plans for U.S. Stablecoin
Read more about the article What Is Taproot, the Proposed Bitcoin Upgrade?

What Is Taproot, the Proposed Bitcoin Upgrade?

  • Post author:Auto News Feed
  • Post published:May 13, 2021
  • Post category:Market News

What is Taproot? It's not a carrot or a turnip, but a Bitcoin update that promises to keep some transaction details buried deep in the metaphorical soil.  Taproot is on…

Continue ReadingWhat Is Taproot, the Proposed Bitcoin Upgrade?
Read more about the article US Inflation Is Up 4.2%, But Bitcoin Is Still Down

US Inflation Is Up 4.2%, But Bitcoin Is Still Down

  • Post author:Auto News Feed
  • Post published:May 13, 2021
  • Post category:Market News

The U.S. consumer price index (CPI), which measures how much people are paying for goods and services, rose 4.2% from April 2020 to April 2021. According to the U.S. Labor…

Continue ReadingUS Inflation Is Up 4.2%, But Bitcoin Is Still Down
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