In 2022, a group of investors alleged that Elon Musk and his company had manipulated the price of dogecoin using their X (then Twitter) accounts. Source
Elon Musk, Tesla Win Dismissal of Lawsuit Alleging Dogecoin Market Manipulation
Tag: Market
Market Cap Climbs, Daily Transactions Boom, Revenue Follows
Hedera (HBAR) emerged as a standout performer in the second quarter (Q2) of the year, reversing the downward trend faced by many projects. The latest report from research firm Messari highlights Hedera’s progress across key financial indicators. Hedera Q2 Momentum One of the pivotal highlights of Hedera’s Q2 was the advancement in crucial financial metrics. Despite a 29% quarter-over-quarter (QoQ) dip in circulating market cap to $2.7 billion, HBAR managed to climb six spots from 36 to 30 among all tokens, surpassing similarly priced cryptocurrencies. HBAR’s market cap fluctuation in…
Bitcoin Market Reaches ‘Equilibrium’ as Speculation Declines, Glassnode Reports
The bitcoin market has hit a phase of tranquility, where investor enthusiasm has cooled, and speculative activity has sharply decreased. According to a thorough report from Glassnode, this quiet spell might be setting the stage for an uptick in market volatility. Glassnode Analysis Shows Bitcoin Market Entering a Tranquil Phase Amid Decline in Speculative Activity […] Original
Crypto for Advisors: Crypto Market – A Week in Review
A recap of the crypto market from August 11th to 17th. Source
Market Dip Translates To 18% Losses
They say journalists never truly clock out. But for Christian, that’s not just a metaphor, it’s a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits take a more mechanical (and sometimes philosophical) turn. Christian’s journey with the written word began long before the age of Bitcoin. In the hallowed halls of academia, he honed his craft as a feature writer…
Crypto Market Has Evolved in the Past Year, Canaccord Says
The broker praised Michael Saylor’s MicroStrategy (MSTR) for its “continued evolution into a Bitcoin development company,” and noted that the shares have risen around 325% in the past year, outperforming most asset classes including BTC, which has gained about 148%. Source
Can Prediction Market Boom Continue After Election? This Crypto Team Has a Plan
Doing away with stock market-type trading gives Hedgehog more flexibility in engaging its user base, said DiPeppe. For example, users can spin up custom prediction markets, place their own bet on the outcome, and hope someone else takes them up on the opposite point of view. (Polymarket allows community members to suggest markets in its Discord server, but the company decides which ones to publish.) Source
Signs Of A New Crypto Winter? Warren Buffett’s $1 Billion Stock Sales Spark Market Crash Fears
Amid growing global economic uncertainties looming over financial markets, including crypto, Warren Buffett has made a significant move by selling an additional $982 million worth of Bank of America stock. Buffett’s Sale Of Bank Of America Shares According to Bloomberg, this sale marks the continuation of his conglomerate’s reduction of investments in the second-largest US bank. Berkshire Hathaway has trimmed its stake by nearly 13% through sales since mid-July, generating $5.4 billion in proceeds. These sales mark Buffett’s most substantial retreat from an investment that has historically signaled an endorsement…
Market Correction or Long-Term Trend? Investors Choose Mpeppe To Secure Big Profits
Dogecoin (DOGE), once celebrated for its meteoric rise and community-driven success, is currently experiencing a significant price dip. This downturn has led to intense speculation about whether it signifies a mere market correction or hints at a deeper, long-term trend. Market corrections are common in the volatile crypto landscape, often driven by shifting investor sentiment or external economic factors. Understanding these dynamics is crucial for investors assessing the future of Dogecoin (DOGE). Mpeppe (MPEPE): Why It’s Gaining Traction In the midst of Dogecoin (DOGE)’s fluctuations, Mpeppe (MPEPE) has emerged as…
Bitcoin mining stocks stay weak as options market hints at rebound
Bitcoin mining stocks trended lower as volatility in the cryptocurrency continued. Marathon Digital, the biggest mining company, dropped by 2.3% on Aug. 28, marking a 38% decline from its highest point this month. CleanSpark stock fell by 1.75% to $11.25, while Riot Platform dropped by over 1.4%. Other large Bitcoin (BTC) mining stocks like Argo Blockchain, Core Scientific, TeraWulf, and Cipher Mining also pulled back. Most of these stocks remain in a deep bear market after falling by over 20% from their highest level this year. Their performance is closely…