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May 4, 2021

CRYPTOCURRENCY

Elon Musk’s upcoming SNL appearance is fueling dogecoin’s rise, says analyst

CNBC
CNBC – For more and to sign up click here Elon Musk, Founder and Chief Engineer of SpaceX, speaks during the Satellite 2020 Conference in Washington, DC, United States on March 9, 2020. Yasin Ozturk | Anadolu Agency | Getty Images Dogecoin is on another frenzied run higher, this time......

Cramer says he owns ‘a lot’ of red-hot cryptocurrency ether that’s tripled bitcoin’s 2021 gain

CNBC
CNBC – For more and to sign up click here CNBC’s Jim Cramer said Tuesday he owns ether, the world’s second-largest cryptocurrency by market value. “I’ve got a lot of ether,” Cramer said on “Squawk Box,” explaining he initially acquired it in order to bid on nonfungible tokens, or NFTs,......

Ethereum hits new record high above $3,400, extending its more than 300% rally this year

CNBC
CNBC – For more and to sign up click here Jack Taylor | Getty Images GUANGZHOU, China — Ether, the digital coin linked to the Ethereum blockchain, hit an all-time high of $3,456.57 as the cryptocurrency extends a rally that has seen its price gain around 360% this year. The......

Charlie Munger calls bitcoin ‘disgusting and contrary to the interests of civilization’

CNBC
CNBC – For more and to sign up click here Charlie Munger at Berkshire Hathaway’s annual meeting in Los Angeles California. May 1, 2021. Gerard Miller | CNBC Berkshire Hathaway Vice Chairman Charlie Munger’s distain toward bitcoin has only intensified amid the digital asset’s record run this year. “Of course I......

Beeple, whose NFT sold for over $69 million, says they will be around for ‘many decades’

CNBC
CNBC – For more and to sign up click here Beeple told CNBC on Friday he thinks NFTs are here to stay. The digital artist, real name Mike Winkelmann, became widely known this year when he sold a nonfungible token photo collage, “Everyday: The First 5,000 Days,” for more than......

Ripple CEO says the U.S. lacks regulatory clarity on cryptocurrency

CNBC
CNBC – For more and to sign up click here Ripple CEO Brad Garlinghouse said the lack of clarity in U.S. regulation of cryptocurrencies is “frustrating.” Known for the cryptocurrency XRP, the fintech company has been caught in a high-stakes legal tussle with the U.S. Securities and Exchange Commission since......

Dogecoin price surges after tweets from Elon Musk and Mark Cuban

CNBC
CNBC – For more and to sign up click here Yuriko Nakao | Getty Images News | Getty Images LONDON — Dogecoin skyrocketed on Wednesday after receiving some celebrity endorsements on Twitter. Dogecoin’s price has soared 20% in the last 24 hours to 32 cents, according to data from Coin......

A Coinbase-backed start-up quietly powering the NFT boom raises new funding

CNBC
CNBC – For more and to sign up click here Alchemy co-founders Nikil Viswanathan (left) and Joe Lau. Source: Alchemy Alchemy, a start-up subtly powering the recent NFT boom, is raising another round of capital as it tries to keep up with the fast-growing industry. The San Francisco-based company announced......

Binance, the world’s largest cryptocurrency exchange, is launching an NFT marketplace

CNBC
CNBC – For more and to sign up click here Changpeng Zhao, CEO of Binance, speaks during a TV interview in Tokyo, Japan, on Thursday, Jan. 11, 2018. Akio Kon | Bloomberg | Getty Images LONDON — Cryptocurrency exchange Binance on Tuesday revealed plans to introduce its own marketplace where......

E-commerce giant JD.com used China’s digital currency to pay some employees

CNBC
CNBC – For more and to sign up click here Photo taken on Feb. 12, 2021 shows a digital RMB red envelope during the “Digital Wangfujing Snow and Ice Shopping Festival” in Beijing, capital of China. Costfoto | Barcroft Media via Getty Images GUANGZHOU, China — Chinese e-commerce company JD.com......

Trevor Lawrence’s Jaguars signing bonus placed in cryptocurrency app

USA Today
USA TODAY – For more and to sign up click here USA TODAY Trevor Lawrence is going to get paid this week — in crypto.  The presumptive No. 1 overall pick in the 2021 NFL draft, almost surely headed to the Jacksonville Jaguars, has partnered with a global cryptocurrency investment app called Blockfolio......

Crypto bull calls dogecoin a mania and a bubble, says her firm hasn’t touched it

CNBC
CNBC – For more and to sign up click here The meteoric rise of dogecoin this year is “definitely a mania,” crypto bull Meltem Demirors told CNBC on Monday, saying there’s a reason her digital asset investment firm has stayed away. Dogecoin, which was started as a joke in 2013, became......

Bitcoin climbs 8% as cryptocurrency market attempts a comeback from last week’s plunge

CNBC
CNBC – For more and to sign up click here Bitcoin virtual crypto currency price is displayed on a phone screen in this photo. STR | NurPhoto | Getty Images LONDON — Bitcoin prices roared back Monday as the cryptocurrency market attempted to recover from a broad sell-off last week.......

New federal regulations could spur cryptocurrency crash

NYPost
Charles Gasparino Ask Wall Street’s C-suite types about cryptocurrencies, and they all admit they’re getting   into them one way or another. But keep asking questions, and they’ll tell you something else, too: the market is ripe for a crash. Source – For more click here To Return to the Main......

Cryptocurrencies fall on possible Biden capital gains tax hike. Cramer, Draper and others react

CNBC
CNBC – For more and to sign up click here Cracks are forming in the cryptocurrency space. The overall crypto market lost more than $200 billion in Friday’s trading session after reports surfaced that President Joe Biden would seek to raise capital gains taxes on millionaire investors to fund other......

‘Black Swan’ author calls bitcoin a ‘gimmick’ and a ‘game,’ says it resembles a Ponzi scheme

CNBC
CNBC – For more and to sign up click here “Black Swan” author Nassim Taleb on Friday criticized bitcoin as a “gimmick,” telling CNBC he believes it’s too volatile to be an effective currency and it’s not a safe hedge against inflation. “Basically, there’s no connection between inflation and bitcoin. None.......

Turkish crypto exchange boss goes missing, reportedly taking $2 billion of investors’ funds with him

CNBC
CNBC – For more and to sign up click here A visual representation of the cryptocurrency Bitcoin on November 21, 2020 in London, England. Jordan Mansfield | Getty Images LONDON — A Turkish cryptocurrency exchange is offline and its CEO has reportedly gone missing, leaving thousands of investors worried that......

$260 billion wiped off crytpocurrency market in 24 hours as bitcoin plunges below $50,000

CNBC
CNBC – For more and to sign up click here GUANGZHOU, China — Bitcoin and other digital coins plunged on Friday wiping over $260 billion off the value of the cryptocurrency market. At around 14:06 p.m. Beijing time, bitcoin was down nearly 10% in the last 24 hours at $49,281.40,......

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