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Billionaire real estate mogul Rick Caruso has revealed that his company has invested in bitcoin for its treasury and will begin accepting the cryptocurrency for rent payment at its properties. Among the tenants of one of his properties is Elon Musk’s Tesla. Caruso said, “We believe that cryptocurrency is here to stay.” Caruso Going the … Read more
Elon Musk will accumulate Bitcoin, but will he spend it? The Tesla CEO now has the chance to pay his rent in BTC following its adoption by the real-estate firm he uses. Go to Source Powered by WPeMatico
Selling or transacting your Bitcoin isn’t worth the tax burden, according to the CEO of Ark Invest. Go to Source Powered by WPeMatico
On Wednesday, the digital entrepreneur Kim Dotcom took to Twitter and talked an awful lot about the stark differences between bitcoin fees and bitcoin cash fees. While tagging Tesla’s Elon Musk in the thread, Dotcom explained that more than half the payments in the world are under $10 and the Bitcoin Cash network is “serving … Read more
The car maker subsequently deletes a warning not to send Bitcoin Cash or Bitcoin SV as payment for orders, but for BCH/BTC, the damage was done. Go to Source Powered by WPeMatico
Elon Musk is “astutely aware” of the impact of options expiry, Zhu Su claims as Tesla sparks an unlikely uptick after a week of losses. Go to Source Powered by WPeMatico
Analysts at Decentrader point to encouraging hodler behavior that suggests that BTC/USD is far from its cycle top at $56,000. Go to Source Powered by WPeMatico
Tesla initially hinted at accepting Bitcoin for payments in an SEC filing earlier this year. Go to Source Powered by WPeMatico
Anthony Scaramucci’s Skybridge Capital has filed an S-1 registration form with the Securities and Exchange Commission (SEC) for a bitcoin exchange-traded fund (ETF). The prospectus for the “First Trust Skybridge Bitcoin ETF Trust” notes that the ETF aims to list common shares on NYSE Arca. Skybridge Capital Files to List a Bitcoin ETF Skybridge Capital … Read more
Tesla’s unrealized profit from “hodling” Bitcoin could be the equivalent of upscaling the company’s daily car sales by over 860%. Go to Source Powered by WPeMatico