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The revelation that Dalio owns Bitcoin was warmly welcomed by notable cryptocurrency investors.
Elon Musk’s entry into the crypto mining space can turn the tide towards green crypto mining supported by renewables. North America’s crypto mining firms have the Bitcoin Mining Council to put efforts in this direction.
Big players of the Bitcoin community have started the bottom fishing making the most of Sunday’s market crash. Whales and miners show confidence in the BTC price going ahead.
The Eco FinTech wallet app aims to be an all-in-one platform that replaces the traditional banking systems and leverages the partial crypto functions for its lending business.
Through the new tax reporting requirements, the IRS hopes to bridge the gap between the tax due to the government and the actual funds generated per what citizens report.
The series of events has pushed the global crypto market cap from the highest point of about $2.4 trillion in the past week to a low of $1.73 trillion.
In its defense, Apple noted that its actions have been and are justified to protect its customers from bad actors.
The cryptocurrency market has been volatile in the past few months, fueled by both institutional adoption and retail speculation.
Amazon has offered $9 billion to MGM for a purchase deal, beating other rumored competitors. Currently, talks are still on. Amazon shares climbed in response to a bullish forecast from Morgan Stanley.
AT&T and Discovery have taken a decision to merge their content business units to create a publicly-traded company.
Elon Musk’s tweets send ripple across the crypto market, with the overall crypto market cap taking a dip under $2 trillion before recovering once again.
There is also a speculation that Elon Musk has been involved in the classic pump and dump scheme of Bitcoin.
Currently, ICP is trading at $258, has lost over 60% of its debut price, and is currently valued at $32 billion.
The Proof-of-Stake Cardano surged 18% today smashing past $2 for the first time and hitting its new all-time high. Cardano co-founder Charles Hoskinson said it is 1.6 million times more energy-efficient than Bitcoin.
Investors and the market are looking closely at the inflation data as Wall Street looks to navigate through these muddy waters. Fears of inflation have also triggered a sell-off in growth stocks recently.