Ethereum co-founder slams Elon Musk’s plans to ’10x’ DogecoinThe global crypto market cap is $1.63 trillion with a 24-hour volume of $201.76 billion. The price of Bitcoin is $38,024.08 and the BTC dominance is at 43.7%.
by Samuel Wan To enhance Dogecoin fundamentals, Elon Musk recently proposed increasing the block size of the controversial meme token. The Tesla boss believes doing so can improve speed and scaling to make it a real contender in the world of cryptocurrency. Ad 📈 Earn 8% APY on Bitcoin & 9 more crypto assets and 12% on Fiat & Stablecoins. Compounding interest, paid out daily. More news ⏬Korean students say crypto trading gives them stress, causes insomniaBlinded by the promise of fast cars, luxury hotels, and stacks of dollar bills, young Koreans turned to crypto trading as a means of building wealth but ended up with the exact opposite, reports local daily The Korea Times. HSBC steers clear of Bitcoin offerings for clientsLondon-based HSBC Holdings, one of the world’s biggest and Europe’s second largest bank, has no plans to offer Bitcoin or crypto products to its clients, a report on news outlet Reuters said today. UFO sighting authenticated by the CIA is getting sold as an Ethereum NFTThe debate over the existence of extraterrestrial life was settled when the CIA authenticated the most famous piece of UAP evidence, the Alien Autopsy film. North American miners form ‘Bitcoin Mining Council’ with Elon MuskWhile the Bitcoin miners in China reel from the after-effects of the country’s latest crypto attack, miners on the other side of the planet are reportedly forming a new council to promote sustainable mining. Historic YouTube video with 883 million views to be taken down after its NFT was soldThe home video “Charlie Bit My Finger” non-fungible token (NFT), was auctioned for $760,999 on Sunday, the 14th anniversary of the viral sensation from the 2000s debut on YouTube. Market Review: Bitcoin, Ethereum markets bounce after a record plunge last weekThe cryptocurrency market shows a steady rise after the big sell-off last week after many indicators turned bearish, but are we out of the rough patch yet? Last week, after the price closed below the 20MA (a popular indicator used by traders to assess the price momentum), there was a huge sell-off which saw Bitcoin […] Every fifth hedge fund already invests in cryptocurrencies, reports PwCAround 21% of traditional hedge funds in the world have already invested in cryptocurrencies—while crypto-focused ones doubled their assets under management (AUM) over the course of 2020, says a new report by professional services network PricewaterhouseCoopers (PwC). German bank that went nearly bankrupt in 2019 says Bitcoin is ‘wishful thinking’Last week’s crypto market meltdown has proved yet again that “the value of Bitcoin is entirely based on wishful thinking,” according to a research note recently published by Deutsche Bank analysts. DeFi tool ‘Bogged Finance’ sees $3 million hack, prices plunge 98%A smart contract bug saw Binance Smart Chain-based ‘Bogged Finance’ get drained of $3 million over the weekend, data from multiple sources show. Control your wealthAd: A trusted and accessible wealth management ecosystem powered by blockchain technology, SwissBorg puts your wealth back in your hands. 🔥 Trending Sectors
Crypto market dataFor more pertinent market data, please see: Connect with usDisclaimer: None of the content in this newsletter is meant to be financial advice. Please do your own due diligence before taking any action related to the content within this article. If you liked this post from CryptoSlate, why not share it? |
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Ethereum co-founder slams Elon Musk’s plans to ’10x’ Dogecoin