Tag: Dogecoin

Not dead! X surpassed Instagram, Facebook in driving traffic via Google? Elon Musk reacts
29Nov By adminNo Comments
Technology

Not dead! X surpassed Instagram, Facebook in driving traffic via Google? Elon Musk reacts

[ad_1] The exodus of major advertisers from X (formerly Twitter), after it was revealed that ads were shown alongside antisemitic posts and other problematic content, resulted in a number of critics claiming that the platform may actually succumb due to a revenue crunch. Despite multiple posts suggesting otherwise by the owner and chief technical officer (CTO) Elon Musk, many have continued to make similar assertions even claiming that the continued political polarization may lead to users leaving in large numbers. Recently, a user posted a screenshot of data that highlighted that X gets more organic traffic through Google than competitors Instagram and Facebook which led to Musk reacting in a hilarious manner.Elon Musk reacts to X surpassing competitors in driving trafficThe original p...
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Cryptocurrencies Fall Amid Concern Over Regulatory Crackdown
11Feb By adminNo Comments
Technology

Cryptocurrencies Fall Amid Concern Over Regulatory Crackdown

[ad_1] The decline in cryptocurrencies gained momentum Thursday as signs of a regulatory crackdown on the industry and a broader pullback from risk assets weighed on investor sentiment. Bitcoin, the largest digital coin by market value, fell as much as 4.9%, its worst performance since the end of January, data compiled by Bloomberg show. The token traded around $21,900 as of 3:30 p.m. in New York, after hovering above $23,000 earlier this week. Others also lost ground, with Ether dropping more than 5%. Dogecoin and Avalanche, meanwhile, each fell more than 8%. The drops followed news that exchange Kraken will pay $30 million to settle Securities and Exchange Commission allegations that it broke US securities rules with its crypto-asset staking products and will discontinue them as...
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Bitcoin Extends Gains as Investors Await Recovery Fund Details
15Nov By adminNo Comments
Technology

Bitcoin Extends Gains as Investors Await Recovery Fund Details

[ad_1] Cryptocurrencies pushed higher on Tuesday as investors awaited more details about an industry recovery fund promised by Binance Holdings. Cryptocurrencies pushed higher on Tuesday as investors awaited more details about an industry recovery fund promised by Binance Holdings Ltd.'s Chief Executive Officer Changpeng ‘CZ' Zhao.Bitcoin, the largest token, climbed toward $17,000 with a gain of about 2%, while second-ranked Ether added a similar percentage as of 1:20 p.m. in Hong Kong. The moves provided some respite from a damaging selloff triggered by the descent into bankruptcy of Sam Bankman-Fried's FTX exchange. Digital assets linked to his now-fallen empire, such as Solana and Serum, stabilized. So did Cronos, the native coin of Crypto.com, whose platform is under scrutiny for ...
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Dogecoin surges on Elon Musk’s Twitter deal
30Oct By adminNo Comments
Technology

Dogecoin surges on Elon Musk’s Twitter deal

[ad_1] The Tesla Inc CEO, a vocal proponent of cryptocurrencies, has heavily influenced prices of dogecoin and bitcoin. Dogecoin surged more than 70% on Saturday, extending this week's gains after Elon Musk sealed a $44-billion deal to take over Twitter last week. The Tesla Inc CEO, a vocal proponent of cryptocurrencies, has heavily influenced prices of dogecoin and bitcoin. Tesla started accepting dogecoin as payment for its merchandise early this year, and Musk's newly launched perfume brand can also be bought with dogecoin. Cryptocurrency exchange Binance which has invested $500 million into Musk's buyout of Twitter, said it is brainstorming strategies on how blockchain and crypto could be helpful to Twitter. Twitter had begun exploring ways to incorporate blockchain techno...
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Bitcoin on Track for October Gains in Defiance of a Tough Stretch of Months
29Oct By adminNo Comments
Technology

Bitcoin on Track for October Gains in Defiance of a Tough Stretch of Months

[ad_1] Bitcoin looks set for gains in October, defying a recent streak of monthly losses. Bitcoin looks set for gains in October, defying a recent streak of monthly losses as the macro picture shows hints of improving and cryptocurrency market data improve.The largest cryptocurrency is up 6.5% in October and was trading around $20,700 as of 8 a.m. in London on Saturday, while second-biggest Ether has risen 19%. Both tokens dropped in five of the previous six months, and bulls had been putting hope into this month as October has historically tended to be positive for crypto prices. A recent rally doesn't appear to have been caused by any one factor but is “largely driven by a more favorable backdrop for risk assets and short liquidations,” Greg Cipolaro, global head of research at NYDI...
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