Bitcoin Plunges To $107,000: Did Retail Hype Bite Back?
Bitcoin has seen a retrace to $107,000 shortly after social media sentiment reached its highest in months. Did retail FOMO act as a contrarian signal? Bitcoin Positive/Negative Sentiment Recently Observed A Sharp Spike In a post on X on Wednesday, the analytics firm Santiment discussed how the mood was around Bitcoin on the major social media platforms, […]
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Baby Doge, a precocious meme coin spawn off from Dogecoin, has seen a 40% price loss in just a week. The coin which came into prominence after the Elon Musk tweet has now seen massive price dips as the hype dies down. The price of the coin has continuously since it peaked back at the […]
As sanctions bite, Netflix – the world’s largest streaming entertainment provider, American Express, and prominent accountancy firms KPMG and PricewaterhouseCoopers – severed connections with Russia on Sunday, over Russia’s invasion of Ukraine. The statements on Sunday follow the closures or discontinuation of operations of a number of major Western companies, including Nike, Ikea, and French […]
Billy Markus, creator of popular cryptocurrency Dogecoin (DOGE) has disclosed his holding in this cryptocurrency. Via his Twitter account under the user Shibetoshi Nakamoto, Markus addressed his role on the project and replied to questions made by other users. Related Reading | Tesla To Accept Dogecoin For Merchandise, Token Soars 30% Markus and Jackson Palmer co-created DOGE back in 2013 as a parody to Bitcoin. Since its inception the cryptocurrency has gained popularity and hence increased its value from well below the $0.010 to an all-time high north of $0.70 providing many earlier....
The results are in, and Americans are shocked by a Donald Trump upset victory over Hillary Clinton in the 2016 presidential election. Bitcoin markets reacted to the victory as well, the price rising as much as $30 to renewed highs of $730. In the midst of all the hype and hoopla, one thing appears to be certain: bitcoin is benefiting from Trump’s victory. The price of everyone’s favorite digital currency spiked an additional three percent yesterday following the former reality star’s win in Washington. At press time, the bitcoin price stands around $717. That’s an increase of eight dollars....
For the participants at the Bitcoin-related conference “Blockchain: Money,” the prevailing sentiment was pretty clear; the hype around the word blockchain is dying down and Bitcoin is coming back in a big way. This was evident in many of the well-known speakers’ presentations on the status of the industry. Blockchain hype giving way to the “OG” at packed....