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“#Bitcoin tumbles following Elon Musk’s cryptic tweets” Is Elon Musk’s love affair with bitcoin over? In a cryptic tweet Thursday night, the Tesla CEO posted a meme of a couple breaking up and added #Bitcoin and a broken-heart emoji. Two hours later, Musk posted an “I miss you” meme. By 9 a.m. Friday, the price…
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“#NFT bubble popping, with sales reportedly dropping 90 percent” The NFT craze appears to be fading fast, with sales collapsing by nearly 90 percent over the past month, according to new data. The market for so-called “non-fungible tokens” — one-of-a-kind, verifiable digital assets that grabbed headlines when Sotheby’s sold an NFT by the artist Beeple…
“#Dogecoin soars as Coinbase adds token to platform, Elon Musk posts meme” Dogecoin prices skyrocketed on Wednesday after crypto-trading giant Coinbase said it would start allowing users to trade the joke cryptocurrency on its platform. The dog-themed coin surged 34 percent to 43 cents in late-morning trades after Coinbase announced the change in a blog…
“#MLB entering NFT world with legendary Yankees, Gehrig moment” To lead off Major League Baseball’s official foray into the world of non-fungible tokens, the league will go way, way back into its history. “When you think about NFTs, there is this concept of it being a fad,” Kenny Gersh, Major League Baseball’s executive vice president…
“#British cops raid suspected bitcoin mine that was stealing electricity” British cops who were searching for a pot farm ended up uncovering a bitcoin mining operation that was illegally stealing electricity. Officers from the West Midlands police say they found a huge bank of around 100 computers trying to create cryptocurrency at a site they…
“#Regulators in ‘sprint’ to crack down on cryptocurrencies, Fed official says” The feds have a clear message for cryptocurrency users: A crackdown is coming. Federal Reserve vice chair of supervision Randal Quarles told the Senate Banking Committee on Tuesday that the agency is in a “sprint” alongside other US financial regulators to tighten supervision of…
“#Bitcoin pizza guy who squandered $365M has no regrets” In May 2010, California student Jeremy Sturdivant, then 19, noticed a bizarre request on a cryptocurrency Internet forum: He could receive 10,000 Bitcoins, at the time reportedly valued at $41, in exchange for the delivery of two large pizzas to Florida resident Laszlo Hanyecz, 28. Sturdivant filled the…
“#Billionaire investor Ray Dalio reveals he owns crypto” Billionaire investor Ray Dalio revealed Monday that he has some skin in the game on bitcoin — and said he’d rather invest in cryptocurrencies than buy bonds. “I have some bitcoin,” said the founder of Bridgewater Associates, the largest hedge fund in the world. He did not…
“#Bitcoin falls after China calls for crackdown on ‘mining,’ trading” The price of bitcoin and other cryptocurrencies dropped Friday after Chinese authorities called for a crackdown on “mining” and trading. The Chinese government said in a statement that greater reform and regulation is needed to protect the country’s financial system and economy. Among the recommendations…