Crypto News Digest May 16 – May 22

Cryptocurrencies

16 May, 2021 Tesla backtracked on accepting Bitcoin, but there are car dealers that take it. Norwegian billionaire Kjell Inge Rokke says bitcoin becoming mainstream is inevitable. Unlike Tesla, which stopped accepting cryptocurrency, Rokke’s company is now considering accepting bitcoin as a means of payment, emphasizing that Elon Musk’s comments about the cryptocurrency’s environmental issues have …

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Bitcoin: Is This The End?

Sell Signal On May 13 - CryptoCaptain

Bitcoin has seen a shaky week in which the price is down by over 20%. The cryptocurrency giant alongside almost all altcoins experienced a bloodbath, with Bitcoin retesting the $30k support. Is bitcoin in for full recovery or is the bull market over?  Elon Musk May Have Just Hinted An Offload Of Tesla’s Bitcoin Holding …

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Crypto News Digest May 9 – May 15

Cryptocurrencies

9 May, 2021 Central bank digital currencies (CBDCs) are steadily becoming a serious discussion among governments globally, with Kazakhstan as the latest country unveiling its plans. The National Bank of Kazakhstan is making preparations to launch a CBDC pilot program soon. In order to accelerate the growth and advancement of key ventures in Solana’s blockchain …

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Bitcoin To Hit 100k This Year Despite Recent Price Slump – Experts Believe

Market Sentiment

The flagship cryptocurrency has been recovering from its recent slump of around the 46,000 range having attained ATH of $64,900 last-week. Despite recent panic, some analyst still expects six-figure Bitcoin prices this year. Pending any dramatic movement in price today, this is the first time in six years that Bitcoin will end the month of …

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Bitcoin hits $58k, sets new record high.

5 days bitcoin growth graph

Bitcoin increased about 28% in the last 7 days reaching an all time high of $58,335 in Sunday trade. Some reasons for this spike can be attributed to billionaire Elon Musk after his portfolio company Tesla invested about 1.5 billion USD and also stated that they would accept BTC as a form of payments for …

Read moreBitcoin hits $58k, sets new record high.