After weeks of failing to decisively break the $61,000 barrier, Bitcoin (BTC) has finally pulled through and is now trading at a new all time high above $62,000. It is too early to say how long this surge will continue, but it does look like the jolt that the crypto market needed to continue this […]
According to this Tweet by billionaire Tesla CEO Elon Musk, you can now pay for a Tesla using Bitcoin. As of now, payment by Bitcoin is only available to US customers. However, this will likely be available to global customers in the near future. Tesla will not convert the bitcoins received into fiat currency, indicating […]
MicroStrategy CEO, Michael Saylor, advises anyone holding Bitcoin to not sell it for at least the next 100 years. In this CoinTelegraph interview, he makes a strong argument about mathematical stores of value, as opposed to infinite ones, such as fiat currency, or even precious metals. I completely agree with him that such game changing […]
On Saturday, two anonymous users moved a total of 4,509 bitcoins, worth approximately $223 million to cold storage from the cryptocurrency exchange Coinbase. In the past week alone, Coinbase has seen more than $1 billion worth of Bitcoin withdrawn to private wallets, while other exchanges report similar withdrawals. Such moves by Bitcoin Whales generally signal […]
According to MicroStrategy CEO, Michael Saylor, the business intelligence and mobility platform has purchased a further $15 million worth of Bitcoin, bringing their total amount of money poured into the cryptocurrency to a whopping $4.45 billion. They now #hodl approximately 90,859 bitcoins. With such institutions, as well as prominent figures such as Elon Musk, buying […]
