Bitcoin (BTC)

While Tesla’s $1.5 billion bitcoin purchase shook the world, a Reddit user also caused disturbance as it seemed that he predicted the move a month before it was announced. Giant mass media outlets like Reuters and Bloomberg picked up on the story, but the user later admitted that it was a prank, and he was actually on LSD when he wrote it.What The Media Thought It HappenedElon Musk’s Tesla became the latest giant company to allocate billions of dollars in bitcoin, as revealed earlier this...

Elon Musk – the South African entrepreneur behind large tech corporations such as SpaceX and Tesla – revealed that his latter company has purchased approximately $1.5 billion worth of bitcoin, the world’s most popular and powerful digital currency.Elon Musk Is at It Again with BitcoinMusk has repeatedly gone back and forth on the asset, at one time calling it as “bs as fiat” while at other times presenting it with high words of praise. Over the past week or so, the entrepreneur’s primary...

The CEO of SpaceX and Tesla is known within the cryptocurrency field for his somewhat comical comments and support for the meme token Dogecoin. In his most recent post on the altcoin, he claimed that he had purchased a portion for his recently born child to become a “toddler hodler.”The world’s richest man took it to Twitter to announce his latest Dogecoin-related initiative. This time, he directly said that he had purchased tokens from the popular Shiba Inu-inspired coin for X Æ A-Xii – the...

The total cryptocurrency market’s capitalization has lost around $100 billion in the past hours. This comes as Bitcoin corrects to below $44,000. Nevertheless, the cryptocurrency is still up more than 20% on the weekly.Corrections are to be expected, especially when the market turns parabolic. Over the past 7 days, bitcoin’s price is up by a whopping 20% after arguably one of the most important developments for the market.BTC soared earlier this week when Elon Musk’s Tesla filed a document...

Après quelques années de relative discrétion, Bitcoin fait un retour massif dans la presse française à la faveur de la publicité offerte par Tesla : Le Monde, Courrier International, Le Figaro, Le Parisien, Les Echos ou encore cet article plus approfondi d’André Trentin publié la semaine dernière dans Le Point. Si toute cette agitation ressemble un peu à celle de 2017, on notera tout de même le...

Twitter Chief Financial Officer Ned Segal said that the giant social media platform is looking into potentially putting bitcoin into its balance sheet. Additionally, the executive said that Twitter is exploring options to accommodate employees and vendors if they request to be paid in the first-ever cryptocurrency.Twitter To Put BTC On Its Balance Sheet?It seems that Tesla’s purchase of $1.5 billion in bitcoin has changed the game as numerous mainstream media outlets have taken the initiative...

Several well-known individuals, including Gemini’s co-founders the Winklevoss twins, soccer legends Christian Vieri and Paolo Maldini, and Philadelphia 76ers owner Michael Rubin, are set to join the NFT craze. Each will have his own personal digital artwork as a non-fungible token (NFT) on the Ethernity platform.Digital Artwork On Ethernity With Famous IndividualsFounded by the early Bitcoin adopter Nick Rose Ntertsas, Ethernity is an initiative that explores various applications for...

JPMorgan’s strategists were quick to identify the fact that Tesla’s entrance into the crypto space was a major positive factor for the industry.Many crypto analysts and enthusiasts have remained giddy and shown a positive outlook to the news of Tesla’s acquisition of the leading crypto asset Bitcoin. However, leading financial institution JPMorgan believes there is no reason for optimism as this step by Tesla may not trigger an influx of institutional investors into the industry.According to...

Tesla’s massive $1.5 billion BTC purchase could be too risky for other large corporations to follow, argued JPMorgan Chase & Co strategists. They reasoned with bitcoin’s volatility that could prevent more old-school investors and individuals from allocating funds in the crypto asset.Corporations May Not Follow Tesla, JPM SaysElon Musk’s electric vehicle and clean energy company has bought $1.5 billion (15% of its net cash holdings) in bitcoin, as revealed earlier this week. Apart from the...

The proposal from the Monero community stated that the XMR payment option would be appealing to Tesla fans and investors as they would benefit from the coin’s unique privacy featuresThe Monero community has announced that they want Tesla Inc (NASDAQ: TSLA) to add XMR as a payment option for its cars. The community posted the proposal on the Tesla website and wants Elon Musk, the CEO of the automobile company to make that feat possible.The Monero community posted the CCS proposal on February 9...