XRP Pump Ends in Tears
XRP fell by 45% in a matter of hours after an ill-fated pumping scheme burned new investors. Tweets, Telegram messages, Reddit groups and Discord chats had been encouraging people to buy the embattled altcoin at 8.30am ET. But in the minutes that followed, it plummeted from $0.62 to $0.40. It had earlier been trading at $0.74. Follow the fallout here.
Elon Musk Speaks Out
Tesla CEO Elon Musk has said that he supports Bitcoin, and believes it can achieve "broad acceptance" in conventional finance circles. He also revealed that he regrets not buying BTC when his friends were encouraging him eight years ago. On his Twitter habits, he stressed that his posts about Dogecoin are meant to be jokes. How did the markets react to his remarks?
100,000% Profit in Three Days
Ethereum user bought the digital art collectible on Hashmasks for $130 on Thursday — and flogged it for $130,000. "Westcoastbill," the investor who made the tidy sum, recently bought a provocative piece called "The Day The Internet F***** Wall Street." Read more.
Kiss Frontman Owns Crypto
Gene Simmons has quite a diversified crypto portfolio. On Twitter, the legendary bassist revealed that he owns Bitcoin, Ether, Litecoin, Dogecoin and XRP. He went on to stress that he wasn’t recommending others follow suit. What remains to be seen is whether he managed to sell his assets at an opportune moment. Find out which other A-listers own crypto.
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