Tesla CEO and Dogecoin (DOGE) enthusiast Elon Musk may be speaking at an event aimed at educating institutional investors on Bitcoin (BTC). In a Twitter discussion with Jack Dorsey, Musk agreed to speak at “The ₿ Word,” a July 21 virtual event hosted by the Crypto Council for Innovation and featuring major players in the crypto space. “As more companies and institutions get into the mix, we all want to help protect and spread what makes #bitcoin open development so perfect,” said Dorsey. “This day is focused on education and actions to do just that.” Musk responded to Dorsey with …

Two payments firms have partnered to roll out crypto payments across 50,000 electric vehicle (EV) charging stations in Europe. The partnership is between Irish e-commerce and mobile payment solutions firm HIPS Payment Group Ltd and Vourity, a Swedish firm that specializes in unattended payment facilities such as EV charging stations. The integration of crypto payments with charging stations will occur over the next three years starting from November 2021. The firms haven’t revealed which cryptocurrencies will be supported yet, but Vourity has dropped a pretty strong hint that Ethereum is likely to be among the first after it released an …

If one looks at Dogecoin (DOGE) charts from the point of view of a financial chartist, he/she will notice an alarming presence of a classic bearish structure. For instance, pseudonymous analyst Tyler Durden highlighted what appears to be a "Head and Shoulder" pattern. The trading structure forms when an asset forms three peaks atop the same support level. In doing so, its middle peak comes out to be higher than the other two. Durden flashed the Head and Shoulder-like pattern to predict a 67% price crash in the Dogecoin market. Calling it "programmed," the analyst hinted at the pattern's tendency …

Dogecoin (DOGE) hogged the spotlight on a tightly crowded stage throughout most of 2021, as Bitcoin (BTC) and the wider cryptocurrency market climbed to new all-time highs. Fueled by the social media flirtation of an eccentric billionaire, and the coordinated efforts of strategic Reddit traders, Dogecoin’s value increased 15,000% since the turn of the year when it peaked in early May. As Dogecoin’s price boomed so too did its exposure to a mass of internet users who had previously never heard of an eight-year old cryptocurrency that even industry insiders considered to be long dead. Created purely as a joke, …

The chief executive of Pantera Capital, Dan Morehead, is confident that the big crypto selloff is slowing because he thinks “we’ve seen the most of this panic”. In the monthly newsletter published on June 14, the venture capitalist stated that the best time to buy is when markets are “well below trend”. A Bitcoin trend deviation chart backed up this claim as it showed that the asset has only been this “cheap” relative to its trend for a fifth of its lifecycle. For new investors, it’s best to buy when the market is well below trend. Now is one of …

The token prices of Shiba Inu (SHIB) and Chiliz (CHZ) jumped 33% and 26%, respectively, on Wednesday, following the announcement of the pair’s listing on Coinbase Pro. Inbound transfers for Shiba Inu and Chiliz were announced alongside Keep Network (KEEP) by Coinbase Pro on Tuesday. Trading is set to begin on Thursday, assuming liquidity conditions are met. The trading pairs will launch in three phases: post-only, limit-only and full trading. Shiba Inu burst onto the scene in late April, seemingly as a bi-product of the attention brought on meme cryptocurrency Dogecoin (DOGE) by Tesla CEO Elon Musk. The token’s imagery …

When Tesla CEO Elon Musk revealed his company’s Bitcoin (BTC) exposure and announced the launch of crypto payments, BTC took off to reach its all-time high. Shortly thereafter, however, Musk started tweeting about concerns over BTC’s environmental impact and Tesla reversing its crypto payments policy, leading to Bitcoin losing half of its value and the entire crypto market capitulating. In short, Musk tweets lukewarm support for crypto, and the prices go up; Musk posts a meme hinting at his “breakup” with Bitcoin, and the prices go down. For a sector that prizes disintermediation and wide distribution of economic power above …

Elon Musk’s ability to move cryptocurrency markets with his tweets represents a danger to the average investor, said CoinSwap founder Erik Nurm, but the furor created around the Tesla CEO’s social media activity could draw more eyes to crypto in the long run. Nurm pointed out that Musk’s tendency to tweet about Bitcoin (BTC), Dogecoin (DOGE) and other cryptocurrencies began shortly after the Tesla chief was banned from tweeting about his own company by the United States Securities and Exchange Commission. “Elon has been manipulating the market by creating FUD around Bitcoin. He is playing the same game he did …

All eyes are on Bitcoin (BTC), with the largest cryptocurrency shooting up past $40,000 on Monday. Unsurprisingly, the price increase happened shortly after Tesla CEO Elon Musk tweeted that the electric-car company would potentially accept BTC payments once more miners confirm green energy initiatives. Yet, while Musk’s tweet may have driven the price of Bitcoin up, some industry experts believe that Bitcoin is not a cryptocurrency that should be leveraged. For example, during an exclusive interview with Cointelegraph at Bitcoin 2021 in Miami, Caitlin Long, founder and CEO of Avanti Financial, said that unlike other cryptocurrencies, solvency matters more than …

Bitcoin (BTC) starts a new week on a pleasant high thanks to a boost from a familiar source, Elon Musk. Are the good times back? After spending weeks languishing close to $30,000, Bitcoin has managed to stage a sustained comeback to line up an attack on major resistance. With on-chain indicators flashing bullish, there may be a chance of a breakout, but analysts and traders are far from 100% convinced. Cointelegraph takes a look at five things that could influence how BTC price action unfolds in the coming days. Musk tweet changes the game... again The talk of the town, …

Tesla CEO Elon Musk said his electric-vehicle company will start accepting Bitcoin (BTC) payments once there’s confirmation that miners are utilizing clean energy, offering a glimmer of hope that the FUD surrounding digital assets could soon subside. Musk responded to a Cointelegraph tweet about recent accusations from Sygnia CEO Magda Wierzycka, who called on the United States Securities and Exchange Commission to investigate the billionaire for allegedly manipulating Bitcoin’s price. This is inaccurate. Tesla only sold ~10% of holdings to confirm BTC could be liquidated easily without moving market. When there’s confirmation of reasonable (~50%) clean energy usage by miners …

Magda Wierzycka, one of the richest women in South Africa and CEO of financial services company Sygnia, said Tesla CEO Elon Musk would likely have been investigated by authorities regarding recent allegations over his manipulation of crypto prices — if his target had been almost anything other than Bitcoin. In an interview with Bruce Whitfield at the Money Show this week, Wierzycka said Musk’s recent social media activity on the price of Bitcoin (BTC) should have made him the subject of investigation by the U.S. Securities and Exchange Commission, or SEC, if Bitcoin were more of a traditional company. The …