Cryptocurrencies rally as Elon Musk strikes Twitter deal
Twitter confirmed that it had agreed to a US$44bn takeover offer from Elon Musk, the CEO of Tesla
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Twitter confirmed that it had agreed to a US$44bn takeover offer from Elon Musk, the CEO of Tesla
Bitcoin moving below US$40,000 has "set a negative tone for cryptos"
A global survey has found the fear of inflation appears to be the main driving force behind crypto adoption.
Netflix, one of the largest tech stocks, lost 35% of its share price
Cryptocurrencies, for the moment at least, seem to be unphased by the potential for further, tighter regulation
Australian citizens have been advised through the CBA’s communication channels not to respond or click through to the website
Cryptocurrencies are increasingly aligned with tech stocks and indices
"When it comes to Bitcoin, inflation is the big story and for now," analyst Naeem Aslam said
Rampant UK inflation added to news yesterday prices in the US continued to surge last month
Musk is perhaps one of the few public figures in the world who can move crypto markets just through the things he says. His pronouncements have already had an impact on the price of dogecoin, which soared from around $0.1425 to above $0.155
95 of the top 100 digital currencies were in the red
The modest negativity echoed around much of the digital currency world, with 88 of the top 100 changing hands in the red
Overall, 94 of the most popular coins were changing hands in the green on Friday morning
94 of the 100 leading cryptos were trading in the red
The downbeat sentiment saw 89 of the leading 100 coins in the red
Crypto mining uses up 1,310 times less energy than the entire world uses in a year
Regulating stablecoins is a single part of a wider government plan to become the cryptoasset hub of the world
Overall 73 of the leading 100 crypto currencies are in the red
Cryptoasset markets in the past month seem to have been marking a similar route to stocks, which have been buffeted by geopolitical tensions and rising interest rates.
Overall, it was a mixed bag with 54 of the leading 100 digital currencies changing hands in the red on Monday morning