Tesla’s $1.5 billion Bitcoin buy could forever change corporate finance

Corporate uptake hits inflection point as Tesla’s Elon Musk buys Bitcoin In a move that has electrified the crypto market, Tesla has added $1.5 billion worth of Bitcoin to its balance sheet, and expects to accept the cryptoasset as payment in the near future. The news is not only another milestone for Bitcoin, which soared 20% onContinue reading “Tesla’s $1.5 billion Bitcoin buy could forever change corporate finance”

Crypto Roundup, February 01, 2021: Crypto market swings wildly as more billionaires get behind Bitcoin

Ray Dalio, Elon Musk and Mark Cuban weigh in on growing market Bitcoin appeared to hitch a ride on Elon Musk’s rocket on Friday. The cryptoasset soared by 20% to hit $38K as the world’s richest man added #bitcoin to his Twitter Bio, and a record number of options contracts expired. However, despite the spike, soon enough the world’sContinue reading “Crypto Roundup, February 01, 2021: Crypto market swings wildly as more billionaires get behind Bitcoin”

Bitcoin is headed for the moon — how far will it go?

2020 saw Bitcoin jump 150%, more than any other asset class. Why did this happen, and what will Bitcoin do in 2021? Overall, 2020 was an interesting year for the markets, in which Bitcoin stood out. The decentralised cryptoasset jumped more than 150%, more than any stock market index or gold, and its rise hasContinue reading “Bitcoin is headed for the moon — how far will it go?”

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