Bitcoin goes into ludicrous mode as it briefly flippens Tesla
The crypto asset overtook Tesla Motors in market capitalization following an announcement that the car manufacturer had invested in Bitcoin. Go to Source Powered by WPeMatico
DIGIT
Tesla Has $1.5 Billion Worth of Bitcoin on Its Balance Sheet, Plans to Accept BTC for Products
The publicly listed firm Tesla has announced in a Securities and Exchange Commission (SEC) Form 10-k filing that the company has purchased $1.5 billion worth of bitcoin. When the news broke, the price of the leading crypto asset jumped well over 15%, touching a new all-time price high at $44,899 per coin. Tesla, the American … Read more
Bitcoin hits $43K all-time high as Tesla invests $1.5 billion in BTC
A filing with U.S. regulators confirms that Tesla is on board for Bitcoin payments in future. Go to Source Powered by WPeMatico
A turn for the worse? India’s crypto plan unsettling to local industry
The Indian crypto industry sees a brief panic over the government’s plans to ban “private cryptocurrencies” and explore the need for a CBDC. Go to Source Powered by WPeMatico
Tesla expects to begin accepting Bitcoin for payment
Tesla is now able to hold Bitcoin in reserves, thus accepting Bitcoin as payment for its cars without necessarily converting it. Go to Source Powered by WPeMatico
Bitcoin Cash no longer a top-10 cryptocurrency after being hounded out by Dogecoin
Together with Stellar, Dogecoin passes Bitcoin Cash by market cap and leaves the struggling altcoin in 12th place. Go to Source Powered by WPeMatico
Coinsquare launches Quick Trade mobile app with instant funding
One of Canada’s largest crypto exchanges has launched a new mobile application designed to streamline the buying and selling of Bitcoin and Ethereum. Go to Source Powered by WPeMatico
Bank of Korea publishes book on central bank digital currency’s legal issues
South Korea’s central bank has issue a book on legal matters that would need to be addressed to ensure the smooth operations and usefulness of a future central bank digital currency. Go to Source Powered by WPeMatico
Bill Miller plans $400M Bitcoin investment via GBTC
Bill Miller is set to increase his Bitcoin exposure by plowing 15% of one of his portfolios to buy Grayscale BitcoinTrust shares. Go to Source Powered by WPeMatico
Major Malaysian financial firm to invest in regulated crypto exchange
Malaysian financial services firm Kenanga Investment Bank Berhad is getting into digital assets. Go to Source Powered by WPeMatico
