#Elon Musk denies telling people to invest in cryptocurrency

#Elon Musk denies telling people to invest in cryptocurrency

“Elon Musk denies telling people to invest in cryptocurrency” Tesla CEO and Dogecoin enthusiast Elon Musk said on Tuesday that he “never said that people should invest in crypto[currency]” as retail investors feel the sting of the plummeting digital coins market. Despite buying and touting Dogecoin, Musk told the Qatar Economic Forum on Tuesday that…

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#Bitcoin barely hits key K threshold, rattling investors

#Bitcoin barely hits key $20K threshold, rattling investors

“Bitcoin barely hits key $20K threshold, rattling investors” Bitcoin struggled to stay above the key $20,000 threshold Monday as the leading cryptocurrency weathers a prolonged selloff that has sparked fear and uncertainty among investors. Bitcoin, the world’s largest cryptocurrency by market capitalization, rose a modest 4% to $20,648 as of 11:30 a.m. ET on Monday,…

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#Elon Musk still buying dogecoin despite cryptocurrency crash

#Elon Musk still buying dogecoin despite cryptocurrency crash

“Elon Musk still buying dogecoin despite cryptocurrency crash” Billionaire Elon Musk hasn’t abandoned his support of the meme token dogecoin despite the collapsing prices of bitcoin and other leading cryptocurrencies. The Tesla CEO indicated that he is adding to his dogecoin stake, even as other investors dump their cryptocurrency and other risky assets in response…

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#Billionaire Leon Cooperman calls cryptocurrency ‘crap’

#Billionaire Leon Cooperman calls cryptocurrency ‘crap’

“Billionaire Leon Cooperman calls cryptocurrency ‘crap’” Stocks still have further to fall, billionaire investor Leon Cooperman warned on Tuesday — adding that speculative assets such as SPAC deals, cryptocurrencies and NFTs are “crap” and aren’t likely to recover anytime soon. Cooperman, the chairman and CEO of Omega Advisors, said he sees the US economy falling…

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#Crypto crash continues as bitcoin briefly dips below K

#Crypto crash continues as bitcoin briefly dips below $21K

“Crypto crash continues as bitcoin briefly dips below $21K” The price of bitcoin briefly plummeted below the $21,000 threshold for the first time since December 2020 on Monday night as investors braced for a looming recession and reacted to difficulties at a major exchange. Bitcoin was staging a slight rally and was trading near $22,000…

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