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1161 days ago

Dogecoin is up 800%: WallStreetBets and Elon Musk are involved

The Dogecoin was initially createed as a joke, to be viewed as a meme spoof of the Bitcoin concept. However, Dogcoin recently surpassed Litecoin in market cap, hitting $8.5 billion after a 800% surge, reaching its all-time high of $.082 and going back down to $.0667. According to Coindesk, WSB is definitely involved. Elon Musk also posted a picture of whippet, which was taken by some as an encouragement to go buy Dogecoin.

Dogecoin is up 800%: WallStreetBets and Elon Musk are involved

1161 days ago

Friday levity -> @Moneyweek front cover about Bitcoin going mainstream

A joke that the big investors are stepping in now to reap the rewards of cryptocurrency mass adoption

Friday levity -> @Moneyweek front cover about Bitcoin going mainstream

1161 days ago

Wonder why bitcoin is up 15% this morning? Just check out Elon Musk Twitter account

Does it mean he is going long Bitcoin? Source: Twitter 

Elon Musk Twitt

1162 days ago

Central banks and digital currencies around the world

A study shows that many developed countries are now working towards creating a national digital currency. Around a fifth of central banks from major economies responded to the survey stating that issuing digital currency was possible in the medium to long term. Central banks are moving more and more from conceptual research to practical experimentation.

#Macro
Central banks and digital currencies around the world

1163 days ago

Ark Investment Management CEO Cathie Wood said she doubts U.S. regulators will green-light a bitcoin exchange-traded fund before the original cryptocurrency’s market cap hits $2 trillion.

“The flood of demand has to be satisfied so it’s going to have to get well over a trillion dollars – $2 trillion, I think, before the [U.S Securities and Exchange Commission] will feel comfortable about” a bitcoin ETF, Wood said at Tuesday’s ETF Trends Big Ideas event. Bitcoin’s market capitalization hovered a tick under $600 billion at press time Tuesday. Wood was bullish on bitcoin’s prospects under Gary Gensler, the former CFTC commissioner and MIT digital currency professor who has been nominated to lead the SEC by President Joe Biden. Wood called Gensler “very pro bitcoin” and praised the SEC’s crypto savvy leadership. - Source: Coindesk

Cathie Wood on Bitcoin ETF
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