Musk no longer world’s richest man after Tesla and Bitcoin slump
Tesla stock began to slide in late January, accelerating after the BTC purchase announcement. Go to Source Powered by WPeMatico
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1 billion people will store life savings on their phone in Bitcoin by 2026 — MicroStrategy CEO
The next five years will see the first billion people opting to store their wealth using Bitcoin simply using mobile devices, says the MicroStrategy CEO. Go to Source Powered by WPeMatico
Bill Gates warns Bitcoin buyers: If you have less money than Elon Musk — watch out!
The Microsoft founder thinks anyone with less money than the world’s richest man should “watch out” when it comes to Bitcoin. Go to Source Powered by WPeMatico
Bank of Korea chief says crypto has no intrinsic value, expects volatility
Bank of Korea Governor Lee Ju-yeol has expressed skepticism over the recent crypto rally, stating that the bank is progressing with a digital currency project. Go to Source Powered by WPeMatico
Up to 5% of public companies will follow Tesla’s Bitcoin buy, says Wedbush analyst
Dan Ives, Wedbush Securities’ managing director, says companies are going to start FOMOing into Bitcoin very soon. Go to Source Powered by WPeMatico
Tesla made $1B profit on its Bitcoin buy, says analyst
Tesla is about to make more money from its Bitcoin investments than profits from selling its electric vehicle cars in all of 2020, an analyst at Wedbush Securities said. Go to Source Powered by WPeMatico
The social side of institutional push: Popular excitement drives crypto adoption
Corporate forces can spark a record-breaking price rally, but it’s up to consumers to solidify the momentum. Go to Source Powered by WPeMatico
Elon Musk’s Tesla Faces Scrutiny Over Potential Conflict of Interest in $1.5 Billion Bitcoin Purchase
Tesla is facing more scrutiny over its $1.5 billion dollar bitcoin purchase. A Tesla board member who reportedly approved the company’s bitcoin buy deal is a cryptocurrency investor who also sits on the boards of two major crypto firms. Experts Question Conflict of Interest in Tesla’s Bitcoin Purchase Tesla is further under scrutiny over its … Read more
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
Bitcoin mania ‘not a fad,’ says Wedbush analyst
Dan Ives, Wedbush Securities’ managing director, believes BTC is on the cusp of a much bigger adoption story. Go to Source Powered by WPeMatico
