Tesla, Bitcoin and the crypto space: The show Musk go on? Experts answer
Here’s what crypto and blockchain industry experts think about Tesla’s recent $1.5 billion investment into Bitcoin. Go to Source Powered by WPeMatico
Investments
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MicroStrategy raising $600M…. no, $900M to buy more Bitcoin
Should the purchase go as planned, the business intelligence firm would hold more than $3.5 billion in Bitcoin as a reserve asset. Go to Source Powered by WPeMatico
Microsoft has no plans to make Tesla-like move into Bitcoin, says president
Microsoft president Brad Smith did not exclude the possibility of the company putting Bitcoin on its balance sheet one day. Go to Source Powered by WPeMatico
Crypto lender Celsius has paid out $250M in rewards
The crypto rewards platform has seen tremendous growth over the past three months. Go to Source Powered by WPeMatico
SBI looking to set up joint crypto ventures with foreign firms
SBI Holdings is reportedly considering mergers and acquisitions as a means of solidifying a potential deal. Go to Source Powered by WPeMatico
Robinhood, Melvin, and Citadel execs expected to testify on GameStop before Congress
The price of GME has fallen almost 90% since lawmakers first called for a hearing. Go to Source Powered by WPeMatico
Crypto investors should consider buying gold, Newcrest Mining CEO says
Gold should help crypto investors hedge against the risks of highly unstable prices of cryptos like Bitcoin, the CEO of Newcrest Mining said. Go to Source Powered by WPeMatico
“We don’t plan to invest in Bitcoin,” says CEO of company that made the Pontiac Aztek
General Motors once had a chance to dominate electric vehicle sales — but it killed the EV1 instead. Will its dismissal of Bitcoin cost it as dearly? Go to Source Powered by WPeMatico
Don’t expect large firms to follow Tesla’s Bitcoin move, JPMorgan says
While the crypto community expects more large firms to emulate Tesla’s Bitcoin purchase, JPMorgan’s strategists don’t think it will happen. Go to Source Powered by WPeMatico
Baidu reportedly aims to address chip shortage plaguing gaming, crypto and cars
Baidu is reportedly planning to commercialize its chip technology by setting up a dedicated subsidiary backed by crypto-friendly venture capital firms. Go to Source Powered by WPeMatico