Cathie Wood: BTC investors shouldn’t transact until tax code changed
Selling or transacting your Bitcoin isn’t worth the tax burden, according to the CEO of Ark Invest. Go to Source Powered by WPeMatico
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Kim Dotcom Insists ‘Bitcoin Cash Will Serve the Mass Market,’ Criticizes BTC Fees, Elon Musk Responds
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
Bitcoin Cash hits new lows vs. Bitcoin after Tesla snubs ‘fork products’
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
Bitcoin tackles $56K as Tesla ‘Elon candle’ hits days before record options expiry
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
Tesla confirms Bitcoin hodl strategy as new report says BTC should ‘comfortably’ hit $100K
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
Elon Musk says Tesla now accepts Bitcoin from US customers
Tesla initially hinted at accepting Bitcoin for payments in an SEC filing earlier this year. Go to Source Powered by WPeMatico
Scaramucci’s Skybridge Capital Registers With SEC to Launch a Bitcoin ETF
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 may have made more money holding Bitcoin than selling cars
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
Hedge Fund Manager Says Sell-off in US Treasury Bonds a Threat to ‘High-Flying Assets’ Like BTC
Hedge fund manager Bob Prince has warned that the recent sell-off in the U.S. government bond market could accelerate and this could “threaten high-flying assets” like cryptocurrencies and blank cheque companies. Prince, who is the co-CIO at Bridgewater Associates, links this looming downturn in the $21 trillion Treasury market to the improving economy as well, … Read more
Technoking and Master of Coin — Elon Musk and Tesla CFO adopt new titles
In a world where CEOs and CFOs no longer matter, meet Tesla’s new Technoking and Master of Coin. Go to Source Powered by WPeMatico
