Wednesday, May 8, 2024
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Bitcoin BTC Price Tumbles Below $28K on Coinbase Before Rallying

Equity markets also declined, amid a series of disappointing first-quarter earnings, including car maker Tesla, whose revenues fell slightly short of consensus estimates, and Blackstone, the world’s largest alternative asset manager. The S&P 500 and Nasdaq Composite fell 0.6% and 0.8%, respectively for the day. The Dow Jones Industrial Average

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Jack Dorsey’s Block Tumbles 17% After Short-Seller Hindenburg’s Report

Hindenburg continued: "Our research indicates, however, that Block has wildly overstated its genuine user counts and has understated its customer acquisition costs. Former employees estimated that 40%-75% of accounts they reviewed were fake, involved in fraud, or were additional accounts tied to a single individual." Source

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Bitcoin price tumbles to 10-day lows as ‘Notorious B.I.D.’ keeps support at $22.5K

Bitcoin (BTC) threatened to ditch $23,000 as support on Feb. 25 as an ongoing price correction strengthened into the weekend.BTC/USD 1-day candle chart (Bitstamp). Source: TradingViewBTC price support inches lowerData from Cointelegraph Markets Pro and TradingView showed BTC/USD attempting to make a decision on the fate of the $23,000 mark

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BONK Tumbles 66% – Can The ‘Dogecoin Killer’ Live Up To Its Name?

The previous 24 hours have been impressive for the cryptocurrency market, which is seeing a broad-based rebound on numerous fronts. Despite this development, as evidenced by a combined crypto market valuation increase of 3.4% to $880 billion as of Thursday, Solana’s newly minted canine-centered memecoin BONK has experienced a huge price decline relative

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