Tag Archives: tesla

Apple Pay is now creating a path for crypto fans to pay for items and services with digital currencies. The company has partnered with Bit Pay to unveil a new prepaid Mastercard that customers can attach to their digital wallets should they ever wish to purchase items with crypto.Apple Pay Will Potentially Allow Crypto Payments SoonThe idea of using crypto as a payment method has been around since digital currencies were first born over 12 years ago. Initially, it was decided that these...

The age of institutions has arrived. With companies like MicroStrategy and Tesla investing billions of dollars into bitcoin – the world’s number one digital currency – it appears many leading companies are finding the confidence to follow suit, and now Morgan Stanley – one of the most prominent financial firms in the world – will step into the bitcoin fray according to recent reports.Morgan Stanley Is Getting Involved in BTC TradesMorgan Stanley Investment Management’s Counterpoint Global...

While many CFOs dabble with the idea of putting Bitcoin on their balance sheets following the Tesla purchase, Microsoft has no such plans. The giant’s President, Brad Smith, recently refuted any assumptions that the firm could join the growing trend anytime soon.No New Conversations About BTC In MicrosoftAll eyes are on bitcoin after the electric vehicle giant Tesla filed documents with the Securities and Exchange Commission showing it had allocated $1.5 billion in the primary cryptocurrency...

Eine Petition verlangt, dass die Deutsche Bundesbank eine „strategische Bitcoin-Position“ aufbaut. Eine Petition verlangt, dass die Deutsche Bundesbank eine „strategische Bitcoin-Position“ aufbaut. Das ist inetwa so, wie wenn in der Schweiz eine Petition verlangen würde, dass die Schweizer Nationalbank direkt in Bitcoin investiert. Eine interessante Sache und wer weiss, vielleicht hat diese Grassroot-Bewegung ja bald Erfolg und die...

Ever since Tesla purchased more than $1.5 billion worth of bitcoin last week, many more large-scale companies are getting the confidence they need to either examine bitcoin payments or invest in the currency outright. The latest major firm to jump on the bitcoin bandwagon is driving service Uber, which says that it’s considering allowing BTC payments in the future.Uber Is Hopping Aboard the Bitcoin TrainThe idea of bitcoin and cryptocurrency payments has been something of a conundrum over the...

It has become clear that no matter how well bitcoin does, now matter how far it goes or how high its price spikes, there will always be doubters. Nouriel Roubini – often called “Dr. Doom” thanks to his gloomy ideas surrounding the future of crypto – is proof of this.Nouriel Roubini Is Back to His Negative WaysThe recent purchase of approximately $1.5 billion worth of bitcoin by leading car company Tesla has got everyone talking. Traders believe that the move is likely to set bitcoin on an...

The recent boom in institutional interest in Bitcoin and cryptocurrencies might be a fresh sign that the market needs crypto regulations. SEC Commissioner Hester Peirce pointed out that the wide range of investors would also improve price formation.Institutional Interest as the Long-Awaited Sign for Crypto RegulationsUS Securities and Exchange Commission (SEC) commissioner Hester Peirce has said that there is a need for precise cryptocurrency regulation. According to a recent news report, the...

The recent news regarding Tesla’s big bitcoin purchase appears to have every major company and financial organization thinking about digital currency. The latest one with bitcoin on the brain is New York-based BNY Mellon, one of the largest and oldest banks in the United States.BNY Mellon Is Offering the Crypto World More LegitimacyBNY Mellon currently manages more than $2 trillion in assets, though up to this point, none have been digital. Now, the company says it will begin holding bitcoin...

At the time of writing, bitcoin – the world’s largest and most powerful digital currency by market cap – has experienced a bit of drop and is now trading for roughly $44,000 per unit.Bitcoin Has Experienced a Slight DropWhile this still may seem like a big number in anybody’s eyes, the fact is that just a few days ago, the currency was selling for roughly $47,000, about $3,000 higher than where it stands now. What this shows us it that bitcoin is still vulnerable to market-related news and...

Tesla has just bought a whole lot of bitcoin for itself, but according to a report by JPMorgan, people shouldn’t expect this move to be repeated by other major companies, as bitcoin is still too volatile to take seriously.JPMorgan Is Doubtful That Tesla Made Any Serious HeadwayThe electric car company owned and operated by South African entrepreneur Elon Musk recently made a real dent in the crypto space when it decided to purchase roughly $1.5 billion worth of the world’s number one digital...