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Investing $1,000 in Dogecoin, How Much Profits Can You Expect

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The Dogecoin (DOGE) market made headlines for all the wrong reasons. According to recent updates, co-founder of the Bitcoin sidechain Sequentia, Andreas Kohl, recently revealed that he had brought down 69% of the Dogecoin network. Kohl carried it out in El Salvador using an outdated laptop. Before the vulnerability was exploited, Dogecoin had 647 active nodes. But the real question is if this hack impacted the price of the meme coin. Also Read: How High Will Bitcoin Surge After Donald Trump Takes Office? Dogecoin’s Recent Drop The OG meme cryptocurrency has witnessed a slight drop. This could be linked to both the overall market sentiment and the latest exploit. At press time, Dogecoin was trading at $0.4017 following a 2.83% decline over the past 24 hours. It should be noted that DOGE surged all the way to a high of $0.4835 earlier this month. Source: CoinMarketCap DOGE has been a top performer throughout the year. The OG meme cryptocurrency has surged by around 335% during this ...

Finance titan BlackRock is actively investing in Bitcoin mining companies – report

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BlackRock (NYSE: BLK) is the largest asset manager in the world, with $9.42 trillion in assets under management (AUM). Meanwhile, Bitcoin (BTC) is the largest cryptocurrency, with $827 billion in market capitalization. Notably, BlackRock has shown a growing interest in cryptocurrencies, particularly in Bitcoin. On August 28, Finbold reported BlackRock as a major shareholder in 4 of the 5 largest Bitcoin miners. The company has also applied to launch a spot Bitcoin ETF through its ETFs arm, iShares. In the meantime, the finance titan has actively increased its position in publicly traded Bitcoin mining companies in the United States. Interestingly, BlackRock is a major shareholder in all US-based public Bitcoin mining companies except for Core Scientific Inc (OTCMKTS: CORZQ). According to data from CompaniesMarketCap on December 16, Marathon Digital Holdings (NASDAQ: MARA) is the largest Bitcoin mining company with a $4.07 billion market cap. Riot Blockchain (NASDAQ: RIOT) follows ...