Despite some expected near-term volatility, Tesla’s exploration of the crypto realm will likely help the industry scale up to new heights. Even though Tesla has made its way into the crypto market recently, it generated an immense amount of publicity surrounding the announcement. On Feb. 8, the car manufacturer caught the crypto world off-guard by…
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“Toddler HODLer” may soon become a new meme in the crypto space. Elon Musk’s child with Canadian musician Claire Elise Boucher, or Grimes, may now be one of the youngest public crypto users on record. In a tweet today from the Tesla CEO, Musk said his 9-month-old son is now the proud — or maybe…
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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. Grayscale CEO Michael Sonnnenshein says institutional demand for Bitcoin (BTC) has only increased, moving into 2021, following a record-breaking year that saw Grayscale’s assets under management soar to new heights. Sonnenshein…
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Total crypto market cap overtook Google stock days after Tesla announced a $1.5 billion Bitcoin investment. Cryptocurrency markets have hit a significant milestone shortly after Elon Musk’s Tesla officially announced their investment in Bitcoin (BTC). For the first time in history, the crypto market has surpassed Alphabet’s GOOG and GOOGL in terms of market capitalization.…
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The Monero community has raised $150,000 as part of a proposal to add XMR as a payment option on the Tesla website. The Monero community has posted a proposal to add XMR as a payment option on the Tesla website. Shortly after Elon Musk’s Tesla Motors hinted that they may start accepting Bitcoin (BTC) payments…
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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. Following Tesla’s groundbreaking Bitcoin announcement, pro-crypto Senator Cynthia Lummis set out the welcome mat for Elon Musk in her home state of Wyoming. Taking to Twitter yesterday, Lummis invited the…
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Tesla is now able to hold Bitcoin in reserves, thus accepting Bitcoin as payment for its cars without necessarily converting it. Elon Musk’s Tesla Motors is following in the footsteps of MicroStrategy and other companies by allocating part of its balance sheet to Bitcoin (BTC). In Monday’s filing with the Securities and Exchange Commission, the…
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A filing with U.S. regulators confirms that Tesla is on board for Bitcoin payments in future. Bitcoin (BTC) jumped by almost $3,000 in minutes on Feb. 8 as reports emerged that Tesla had bought $1.5 billion worth of BTC. BTC/USD 1-hour candle chart (Bitstamp). Source: Tradingview BTC price soars above $43,000 Data from Cointelegraph Markets…
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Tim Draper, the billionaire Bitcoin investor who is also an early investor in Tesla, reacted to Elon Musk’s Bitcoin moment. Tim Draper, the billionaire Bitcoin (BTC) investor who also invested early in Tesla, reacted to the company’s CEO and world’s richest man, Elon Musk, adding #Bitcoin to his Twitter bio to join the likes of…
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Alexis Ohanian is the latest social media and tech personality to update his Twitter bio to read “#Bitcoin.” Reddit co-founder Alexis Ohanian has joined Twitter CEO Jack Dorsey and Tesla CEO Elon Musk in updating their Twitter bios to “#Bitcoin.” Ohanian’s bio update seemed to be in response to a tweet by tech entrepreneur and…
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