#Santa Floki cryptocurrency surges 3,500% after Elon Musk tweet

#Santa Floki cryptocurrency surges 3,500% after Elon Musk tweet

“#Santa Floki cryptocurrency surges 3,500% after Elon Musk tweet” It’s a crypto Christmas miracle.  A cryptocurrency named after Elon Musk’s dog multiplied in value this weekend after the world’s richest man posted a photo of his cute canine on Twitter. Santa Floki coin — named in a Christmas-themed reference to Musk’s Shiba Inu hound, Floki…

Read More
#Charlie Munger says China was ‘correct’ to ban crypto

#Charlie Munger says China was ‘correct’ to ban crypto

“#Charlie Munger says China was ‘correct’ to ban crypto” The current market is “even crazier than the dotcom era” and China made the right call when it banned cryptocurrencies, according to Warren Buffett’s right-hand man Charlie Munger.  “The dotcom boom was crazier on the valuations even than we have now but overall, I consider this…

Read More
#Ethereum nears fresh all-time high as bitcoin lags

#Ethereum nears fresh all-time high as bitcoin lags

“#Ethereum nears fresh all-time high as bitcoin lags” Ether, the native currency on the Ethereum blockchain, approached a fresh all-time high on Wednesday as bitcoin — the largest cryptocurrency in the world — lagged almost 20 percent below its record price. The price of ether rose almost 2 percent Wednesday morning from the day prior…

Read More
#Crypto firms pay massive price tags to name sports arenas

#Crypto firms pay massive price tags to name sports arenas

“#Crypto firms pay massive price tags to name sports arenas” Cryptocurrency companies are being forced to shell out massive premiums in sports sponsorship deals as professional teams weigh the risks of getting burned — like some of them did during the dot-com bubble.  Crypto.com, a Singapore-based crypto trading site, reportedly paid $700 million for the…

Read More