Day: February 9, 2021

Crypto-friendly US senator invites Elon Musk to move to Wyoming

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Following Tesla’s groundbreaking Bitcoin announcement, pro-crypto Senator Cynthia Lummis set out the welcome mat for Elon Musk in her home state of Wyoming. Taking to Twitter yesterday, Lummis invited the Tesla and SpaceX CEO to consider relocating to “one of the most business friendly states” with “the best laws for digital assets” in the United States. The offer followed the news that Tesla had purchased $1.5 billion in Bitcoin (BTC) and would be accepting the crypto asset for payments. Hey @elonmusk, I hear Wyoming is one of the most business…

Justin Sun’s 2-Year Old Tweet on Lambo and Tesla: Prophecy Comes True

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The push by Tesla has driven the market capitalization of Bitcoin to $851 billion with about a 63% dominance rate in the market. Tron founder Justin Sun’s tweet from March 2019 about “When Lambo” and Tesla Inc (NASDAQ: TSLA) are coming off as a prophecy come through following the Electric Vehicle maker’s latest big bets on Bitcoin. Per an earlier report by Coinspeaker, Tesla, under Chief Executive Officer Elon Musk has put $1.5 billion worth of BTC on its balance sheet while also declaring its readiness to accept Bitcoin payments…

Bitcoin (BTC) Closed its Largest Daily Candle Thanks to Elon and Tesla

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Quick take: News of Tesla adding Bitcoin to its balance sheet resulted in the biggest BTC daily candle to date The event caused a Bitcoin move of $7,580 in one day Bitcoin also posted an all-time high of $48,193 – Binance rate With the current market excitement, $50k is inevitable for Bitcoin February 8th, 2021, will go down in history as the day Tesla and Elon Musk declared to the world that the company had bought $1.5 billion in Bitcoin. Furthermore, the electric vehicle manufacturing company has plans of integrating…

Rhode Island introduces ‘vital’ blockchain growth act

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A new bill introduced to the Rhode Island state legislature aims to boost the state’s economy by opening up the “Ocean State” to blockchain innovators. Dubbed the Rhode Island Economic Growth Blockchain Act, the bill was introduced on Feb. 8 by Republican House representatives David Place and Blake Filippi. The bill states that the proposed creation of a regulatory sandbox in Rhode Island was spurred by the need to compete in the twenty-first-century economy: “The state of Rhode Island understands that to compete in the twenty-first century economy, Rhode Island…

CD Projekt Hit by Cyber Attack, 7 Weeks after Cyberpunk 2077 Roll-out

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CD Projekt said its backup systems remain untouched and doesn’t believe the compromised systems contained any personal data of its users of its services and players. CD Projekt (WSE: CDR), a Polish game developer, publisher and distributor has announced that it has been hit with a “targeted cyber attack.” In a tweet on Twitter announcing the hack, the CD Projekt account stated that the cyber attack compromised some of its internal systems including the source code to its sci-fi Cyberpunk 2077 game. The Polish game studio stated that the hackers…

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Indian Crypto Exchanges Flooded With INR Deposits and New Users After Elon Musk’s Tesla Revealed Bitcoin Purchase – Exchanges Bitcoin News

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Indian crypto exchanges have been experiencing a flood of INR deposits and surging trading volumes since it was revealed that Elon Musk’s Tesla purchased $1.5 billion worth of bitcoin. The positive sentiment swept the Indian crypto industry despite the uncertainty of the cryptocurrency bill that may soon be introduced in parliament. INR Deposits and Trading Volumes Spiked After Tesla’s Bitcoin Buy News Indian cryptocurrency exchanges experienced high deposit volumes on Monday after Elon Musk’s Tesla revealed that it bought bitcoin. According to the company’s filing with the U.S. Securities and…

Ocugen (OCGN) Stock Jumped 200% on Monday but Is Down 14% Now in Pre-market

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On Monday, Ocugen stock was the most actively traded stock with a volume of 504.7 million shares. Ocugen Inc (NASDAQ: OCGN) saw its stock skyrocket on Monday after disclosing on February 7 that there would be a direct offering of its shares at a 27% premium to investors from the healthcare industry. After surging around 200% yesterday, today in the pre-market the stock is down 14%, trading at $13.58%. In a statement made available on Monday, the biopharm company announced that a total of 3,000,000 shares of its common stock…

BNB Makes History with Near $100 ATH Price Following BTC Impressive Run

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The current price of $98 is a bit surprising as analysts used the MVRV method to predict a possible reversal at $76. Binance coin (BNB) has made history with a 35% price surge to hit a new ATH price of $98 on February 9, 2021. Binance coin tripled its price point after trading at $35 on January 11, 2021. After the asset set a resistance level of $76, more buyers were invited into the market to push the asset to trade above the Parabolic SAR Point. This was a strong…