Thursday, February 25, 2021

Tesla Shares Plummet as Bitcoin Sinks to $50,000

0
Tesla shares have plummeted, following a massive sell-off wave that overtook tech stocks and the cryptocurrency market. Tesla is now trading in the red zone, down by around 3.8%. Despite having a...

Bitcoin Is Good for Elon Musk but It May Not be for All Investors,...

0
Bill Gates has been probed about Bitcoin and his views regarding the digital asset since a heavy institutional wave led by Tesla triggered renewed interest in the crypto scene. Gates’ approach to...

South Korean Investors Making more than $2,260 from Crypto to be Slapped with a...

0
The South Korean Ministry of Economy and Finance has announced that investors making at least 2.5 million won, or approximately US$2,260 from crypto trading, will be subjected to a 20% tax...

Elon Musk Thinks that Bitcoin and Ethereum Prices Are Too High after Cryptocurrencies Hit...

0
Billionaire Elon Musk has been heavily quoted in the cryptocurrency industry lately, as the Tesla CEO recently made it publicly known that he too, holds Bitcoin. However, according to the billionaire, Bitcoin...

Tesla Has Cashed in $1 Billion from its Bitcoin Investment, says Analyst

0
Daniel Ives, an analyst at Wedbush Securities, has disclosed that Tesla is smiling all the way to the bank after cashing in approximately $1 billion in profits from its Bitcoin (BTC)...

Bitcoin Exchange Outflow Volume Soars, Why Are BTC Holders Not Selling Off?

0
Amid the ongoing Bitcoin (BTC) bull cycle, it is evident that holders of the cryptocurrency are not selling off the asset. As revealed by Glassnode data, Bitcoin’s Exchange Outflow Volume (7d MA)...

Ethereum Breaks Past $2,000 for the First Time as DeFi’s Total Revenue Hits $800...

0
Ethereum (ETH) is on fire as it continues making moves not seen in its 6-year history. Ether has broken the record by surging past the $2,000 mark across major exchanges.  The second...

Bitcoin’s Parabolic Price Run Pushes the Cryptocurrency’s Market Cap Above $1 Trillion

0
Bitcoin's current bull run has served to push the world’s first and biggest cryptocurrency to a market capitalization of $1 trillion. According to data from

1 Billion People Using Bitcoin in the next 4 Years Puts Price North of...

0
Bitcoin’s widespread adoption is showing no signs of stopping, as evidenced by its surge to hit a price of more than $50,000. This milestone has never been seen in its twelve-year...

Bill Gates Will Not Be Joining The Bitcoin Bandwagon Anytime Soon and Neither Will...

0
In an interview with CNBC’s Squawk Box, Bill Gates was probed about his views on Bitcoin. The Microsoft co-founder kept his stance neutral, expressing that unlike his counterparts, he was not convinced...

IT IS INTERESTING

Thailand to Revive the Tourism Sector by Attracting Wealthy Crypto Holders

0
The Tourism Authority of Thailand (TAT) is going an extra mile by targeting crypto holders, especially those from Japan. The tourism board is seeking...