Tesla shares increasingly tied to Bitcoin
Tesla's shares have become highly tied to the price of digital gold, according to Wedbush Securities.
Tesla shares increasingly tied to Bitcoin
Tesla's shares have become highly tied to the price of digital gold, according to Wedbush Securities.
Square invests a further $170 million in Bitcoin
The payments company Square, led by Jack Dorsey, announced an additional $170 million Bitcoin purchase in Q4 2020.
Bitcoin developer Gleb Naumenko unveils new project
Bitcoin developers Gleb Naumenko and Antoine Riard have launched the R&D project The Label. It aims to develop Bitcoin and related infrastructure.
Bill Gates cautions investors to tread carefully with Bitcoin
Microsoft co-founder Bill Gates urged potential investors not to follow Tesla's example, which invested {{AOPEN_1}}$1.5 billion in Bitcoin{{ACLOSE_1}}.
Pizza-delivery driver cashes out Bitcoin tips dating from 2013
The delivery driver who had kept tips in the first cryptocurrency since 2013 decided to cash them out for dollars. This was reported by a Reddit user.
Bitcoin investment proved more profitable for Tesla than EV sales
Tesla's unrealized profit from a $1.5 billion bitcoin investment was higher than the profit from selling electric vehicles in 2020, according to Wedbush Securities.
Barclays compared Bitcoin hype to sectarianism
Enthusiasm around Bitcoin is becoming "increasingly cultish" and rests on "magical thinking," said Will Hobbs, investment director at Barclays Wealth & Investments, in an interview with Business Insider.
Dubai-based entrepreneur to buy 100,000 BTC to help develop Miami
The head of Dubai-based investment firm IBC Group, Khurram Shroff, plans to buy 100,000 BTC (~$5.3 billion at the time of writing) to create the Miami 2.0 Blockchain Strategy Foundation, Gulf News reports.
Bitcoin mentions on Twitter reach a new high
From February 7 to 14, Twitter users mentioned Bitcoin more than 675,000 times in their posts. According to Block Research, the figure is 17% above the previous high.
British crypto-processing firm to help companies invest in Bitcoin
The London-based crypto-processing firm BCB Group has unveiled a new service for companies planning to move part of their reserves into Bitcoin.We use cookies to improve the quality of our service.
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