• Home
  • Bitcoin
  • Ethereum
  • Blockchain
  • Cryptocurrency Hackers
  • Ripple
  • Litecoin
  • Contact Us
Newsletter
Crypto Hoarding
  • Home
  • Bitcoin
  • Ethereum
  • Blockchain
  • Cryptocurrency Hackers
  • Ripple
  • Litecoin
  • Contact Us
No Result
View All Result
  • Home
  • Bitcoin
  • Ethereum
  • Blockchain
  • Cryptocurrency Hackers
  • Ripple
  • Litecoin
  • Contact Us
No Result
View All Result
Crypto Hoarding
No Result
View All Result
Home Ethereum

Bitcoin, Ethereum prices up as cryptocurrency bounces back from 2 weeks of losses – Global News

Admin by Admin
May 24, 2021
in Ethereum
0
Bitcoin, Ethereum prices up as cryptocurrency bounces back from 2 weeks of losses – Global News
189
SHARES
1.5k
VIEWS
Share on FacebookShare on Twitter

Related articles

Ethereum just pulled off its final test run ahead of one of the most important events in crypto – CNBC

August 11, 2022

Citi Analyst on Key Consequences of Ethereum Merge – CoinDesk

August 10, 2022

Bitcoin and Ethereum prices are making a comeback, following two weeks of market losses.

Bitcoin rebounded 13 per cent for a value of USD$38,000, while the world’s second largest cryptocurrency, Ethereum, is up more than 27 per cent, worth just under USD$2,475.

Bitcoin’s value was chopped in half just weeks after April’s record peak of $64,895. The cryptocurrency’s markets operate 24/7, meaning prices can drastically change at any hour.

Read more: Bitcoin rebound comes under pressure as U.S. calls for new regulatory rules

“Many point to bitcoin’s volatility as untenable,” RBC Capital Markets’ Amy Wu Silverman wrote in a research note published on Saturday. “Indeed, Bitcoin makes severe and dizzying swings.”

Bitcoin’s latest downward swing came shortly after Tesla CEO Elon Musk announced the company would no longer be accepting Bitcoin as payment for its vehicles, citing environmental concerns.

Story continues below advertisement

“We are concerned about rapidly increasing use of fossil fuels for Bitcoin mining and transactions, especially coal, which has the worst emissions of any fuel,” he said in a statement posted to Twitter on May 12.

Trending Stories

  • Teen mom, 14, hands newborn baby to restaurant customer and leaves

  • U.S. bill allowing Alaska cruises to resume while bypassing Canada signed into law

“Cryptocurrency is a good idea on many levels and we believe it has a promising future, but this cannot come at great cost to the environment.”

Click to play video: 'Dogecoin: How the joke cryptocurrency became no laughing matter' 3:07 Dogecoin: How the joke cryptocurrency became no laughing matter
Dogecoin: How the joke cryptocurrency became no laughing matter – May 8, 2021

On top of that, China announced it would be cracking down on Bitcoin mining and trading on Friday, as part of its ongoing efforts to fend off financial risks.

China’s statement came days after three Chinese industry bodies tightened a ban on banks and payment companies providing crypto-related services.

“Recently, crypto currency prices have skyrocketed and plummeted, and speculative trading of cryptocurrency has rebounded, seriously infringing on the safety of people’s property and disrupting the normal economic and financial order,” they said in the statement.

Story continues below advertisement

— with files from Reuters

© 2021 Global News, a division of Corus Entertainment Inc.

Share76Tweet47

Related Posts

Ethereum just pulled off its final test run ahead of one of the most important events in crypto – CNBC

by Admin
August 11, 2022
0

Ethereum just pulled off its final test run ahead of one of the most important events in crypto  CNBCEthereum’s Third and...

Citi Analyst on Key Consequences of Ethereum Merge – CoinDesk

by Admin
August 10, 2022
0

Citi Analyst on Key Consequences of Ethereum Merge  CoinDeskMerge Effects Continue As Ethereum Futures Prices Fall To All-Time Lows | Bitcoinist.com  BitcoinistEthereum...

Bitcoin and Ethereum jump on inflation news, talk of ‘summer rally’ – Fortune

by Admin
August 10, 2022
0

Bitcoin and Ethereum jump on inflation news, talk of ‘summer rally’  FortuneInstitutions flocking to Ethereum for 7 straight weeks as Merge...

At ETHSeoul, Ethereum Developers Turn Attention to Privacy and Users – CoinDesk

by Admin
August 10, 2022
0

At ETHSeoul, Ethereum Developers Turn Attention to Privacy and Users  CoinDesk

Ethereum [ETH] notes unprecedented hike, thanks to its… – AMBCrypto News

by Admin
August 10, 2022
0

Ethereum notes unprecedented hike, thanks to its…  AMBCrypto NewsEthereum Is Getting Cheaper to Use, Even Before the Merge  CoinDeskEthereum Price Prediction:...

Load More
  • Trending
  • Comments
  • Latest
Major Changes Coming to XRP Ledger As Ripple-Backed Startup Launches Key Amendment in Beta Testnet – The Daily Hodl

Major Changes Coming to XRP Ledger As Ripple-Backed Startup Launches Key Amendment in Beta Testnet – The Daily Hodl

April 21, 2021

SteveWillDoIt reveals hacker stole his crypto wallet: “I lost a lot of money” – Dexerto

July 26, 2021
Forte’s PTI gets financial transaction licenses for blockchain games – VentureBeat

Forte’s PTI gets financial transaction licenses for blockchain games – VentureBeat

February 11, 2022

Blockchain Use in Supply Chain Leads to Greater Benefits – The National Law Review

August 25, 2021

Ethereum just pulled off its final test run ahead of one of the most important events in crypto – CNBC

0

Rivals Ripple and R3 partner up | PaymentsSource – American Banker

0
Ripple seeks shelter in D.C. from Libra’s political storm – American Banker

Ripple seeks shelter in D.C. from Libra’s political storm – American Banker

0

Litecoin Gets Bullish Speculation, at Last, as Upgrade Approaches – Coindesk

0

Ethereum just pulled off its final test run ahead of one of the most important events in crypto – CNBC

August 11, 2022

What ‘crypto winter?’ Schwab launches ETF giving investors significant cryptocurrency exposure – CNBC

August 10, 2022

Hackers have stolen $1.4 billion this year using crypto bridges. Here’s why it’s happening – CNBC

August 10, 2022

Have Bitcoin and Ethereum Prices Bottomed Out? What Experts Say – NextAdvisor

August 10, 2022
Crypto Hoarding

We bring you the best Premium WordPress Themes that perfect for news, magazine, personal blog, etc. Check our landing page for details.

Categories tes

  • Bitcoin
  • Blockchain
  • Cryptocurrency Hackers
  • Ethereum
  • Litecoin
  • Ripple

Newsletter

[mc4wp_form]

  • Home
  • Bitcoin
  • Ethereum
  • Blockchain
  • Cryptocurrency Hackers
  • Ripple
  • Litecoin
  • Contact Us

© 2017 JNews - Crafted with love by Jegtheme.

No Result
View All Result
  • Home
  • Bitcoin
  • Ethereum
  • Blockchain
  • Cryptocurrency Hackers
  • Ripple
  • Litecoin
  • Contact Us

Copyright (c) 2021 - Crypto Hoarding - All Rights Reserved - web design by TechyRack