Features News Today TheBitTimes.Com

The rumor mills are running high in the current cryptocurrency market, compelling investors to think twice and thrice about their recent market explorations. In a recent new rumor spree, Michael Saylor, former CEO of MicroStrategy, recently rebranded as “Strategy,” might be forced to sell its Bitcoin if BTC’s price continues to plunge, per the latest 8-K form filing filed by the firm with the SEC on April 7. Also Read: China’s Central Bank Asks State-owned Banks to Reduce US Dollar Purchases Is Michael Saylor Ditching Bitcoin? Source: Watcher Guru Michael Saylor, former CEO of MicroStrategy, popularly known as Strategy, might be bailing away from Bitcoin. A new rumor suggests that Saylor has filed a new 8-K form with the US SEC, stating that the firm may be obliged to sell its Bitcoin if it continues to fall or plunge in the near future. At the same time, the clause is dubbed a standard risk procedure and may come into effect if BTC plunges below normal price thresholds. “The rumor has...

Elon Musk clarified Dogecoin (DOGE) role in the United States Government, frustrating some growing expectations and causing DOGE to crash. Expectations were related to Musk’s position in Donald Trump’s administration with the Department Of Government Efficiency (D.O.G.E.). Historically, Dogecoin performance and massive success featuring among the most valuable cryptocurrencies is directly connected to the multi-billionaire. From late December 2020 to early May 2021, DOGE surged by 23,740% – from $0.00310 to $0.739 – as Musk showed public support to Dogecoin, mostly via memes on Twitter (now X). Dogecoin (DOGE) price chart, one-week (1W) candlesticks. Source: TradingView / Finbold Elon Musk clarifies US Government intentions related to DOGE However, in a rally in Wisconsin, Elon Musk answered a question on whether Dogecoin would be used by the government. Reuters published the video on March 30 and Musk answers the question at the 00:23:37 timestamp. ...

Ledger co-founder David Balland has reportedly been released by kidnappers after he was taken from his home and held hostage for a large crypto ransom.  The Paris prosecutor’s office shared details of the kidnapping today. According to French publisher L’Yonne Républicaine, the office stated that he was kidnapped in the early hours of Tuesday from a house in Cher and driven to another address where he was held. France’s national police force, including the Bourges research section and National Cyber ​​Unit, reportedly “enabled the release of David Balland on January 22, who was taken into care by emergency services and required treatment.” Investigations are reportedly still ongoing as officials work to identify and arrest the alleged perpetrators who could now face life sentences .  Ledger co-founder kidnap rumor confuses wallet users Read more: Doxxed crypto hackers ‘Airbnb hopping’ to avoid kidnappers and rivals, report Rumors circulated y...

Panic spread across the crypto industry today with rumors of a personal safety situation involving an officer of Ledger, the world’s most popular crypto hardware wallet. In France, an active investigation involving Ledger co-founder Éric Larchevêque is reportedly ongoing. On social media, some users suspected a kidnapping or ransom situation. The tweet from Coin Academy’s French-language X account that apparently started the rumor no longer exists but, disappointingly, the publication hasn’t tweeted a correction. Some users posted fake pictures of alleged perpetrators, making it difficult to discern how serious people were taking the situation. A source allegedly close to Larchevêque, Journalist Grégory Raymond, wrote by mid-morning New York time that “Eric is safe, it’s the only thing I can communicate at the moment. I’m in the process of checking the information.” According to Raymond, Larchevêque “is not involved in the kidnapping rumor.” Not entirely c...

Dogecoin (DOGE), the original meme coin, is up 18.6% this week. However, it’s down 6.2% today, 23.2% over two weeks, and 5.3% this month. Let’s check out this DOGE price prediction now! Also Read: Dogecoin: Can $1000 Worth of DOGE Become $1 Million by 2030? Factors Influencing DOGE’s Price Source: CoinGecko Why The Latest Dip? DOGE’s latest drawdown follows the larger bearish market sentiment. Investors may be worried about an escalation in conflicts in the Middle East. Traders are also likely on edge about the Federal Reserve’s ambivalence about an interest rate cut in September. Also Read: Crypto Events: Stay Ahead by Watching Key Events This Week Can DOGE reclaim $0.14? According to CoinCodex’s price prediction, Dogecoin (DOGE) will continue to trade at the $0.10 level until Aug. 19, 2024. The platform anticipates DOGE facing another correction later this month, falling to $0.09 on Aug. 20, 2024. Source: CoinCodex Changelly analysts also present a simil...