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After previously claiming that Elon Musk was too smart to buy bitcoin, Euro Pacific Capital CEO Peter Schiff is reacting angrily to reports that Tesla has acquired the cryptocurrency. In a series of tweets on February 8, Schiff now claims that Musk has no interest in bitcoin’s store of value credentials but is only interested … Read more
Grayscale CEO Michael Sonnenshein told CNBC that more tech leaders and institutional investors could follow Elon Musk into Bitcoin after Tesla’s $1.5 billion purchase. Go to Source Powered by WPeMatico
Bitcoin whales drove the rally to $48,000 and are aggressively buying, Binance exchange data shows. Go to Source Powered by WPeMatico
The Monero community has raised $150,000 as part of a proposal to add XMR as a payment option on the Tesla website. Go to Source Powered by WPeMatico
One crypto wallet provider’s marketing interaction with Elon Musk has backfired with the Tesla CEO roundly criticizing the company. Go to Source Powered by WPeMatico
Mad Money host Jim Cramer has applauded Elon Musk and Tesla for their bitcoin investment. He said that Tesla, Paypal, and Mastercard are pushing bitcoin more into the mainstream. He believes that more companies should do more with their cash as Tesla did. Jim Cramer on Tesla, Paypal, and Bitcoin Jim Cramer shared his views … Read more
The price of bitcoin soared to new heights after Tesla informed the public that it added $1.5 billion to the company’s balance sheet. Bitcoin touched an all-time high (ATH) reaching $48,216 per unit and has retreated in value a hair since then. While crypto enthusiasts are bullish, a few supporters and analysts believe the crypto … Read more
Saying the state has “the best laws for digital assets” in the United States, Senator Lummis asked the Tesla CEO if he would consider relocating. Go to Source Powered by WPeMatico
Indian crypto exchanges have been experiencing a flood of INR deposits and surging trading volumes since it was revealed that Elon Musk’s Tesla purchased $1.5 billion worth of bitcoin. The positive sentiment swept the Indian crypto industry despite the uncertainty of the cryptocurrency bill that may soon be introduced in parliament. INR Deposits and Trading … Read more
Around $500 million worth of positions were liquidated within hours as the Tesla news caused Bitcoin to spike over $46,000. Go to Source Powered by WPeMatico
