Cryptocurrency Analysis and News Portal
A Tesla has sold for bitcoin before, perhaps with a side of buyer’s remorse.Back in 2013, Lamborghini Newport Beach sold a Tesla Model S Performance for 91.4 BTC at an exchange rate of $1,126 per coin, according to a CNN Business report at the time. The Model S retailed at
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With bitcoin trading near $36,500, the new holdings have a current value of over $6 million. Source
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MicroStrategy announced Friday it raised $650 million, up from a recently boosted $550 million, in a convertible senior note sale designed to allow the business intelligence company to buy more bitcoin.The company estimates $634.9 million of that sum – the net proceeds – will be available for bitcoin allocations in
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MassMutual becomes the latest announced institutional buyer of bitcoin, and this one could be even more significant in terms of precedent. Our main discussion: Why MassMutual bought $100 million in bitcoin and why it matters.In this episode, NLW looks at recent news that MassMutual had purchased $100 million in bitcoin for
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Perhaps Khaled’s “Bitcoin Lamborghini” title may not be his last as he may trend a new term if he buys another supercar amidst BTC recent surge.Lamborghini, a performance sports car, is a ‘holy grail’ for some cryptocurrency enthusiasts. Bitcoin‘s 2017 meteoric rise made early adopters a fortune, with some taking
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China Construction Bank has partnered with a Hong Kong-based fintech to issue the first-ever blockchain-based digital security issued by a Chinese financial institution.One of the "Big Four" banks in the People's Republic of China, CCB is ranked the second largest bank worldwide by total assets as of fall 2020.The megabank's
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Ether's recent price drop has failed to deter investors from accumulating the cryptocurrency, on-chain data indicates. Source
Read MoreSeveral crypto assets are currently priced near their mid-2017 valuations, potentially offering a second chance to latecomers. One major caveat, however — these assets may never reach their highs again, or even rise at all from here. Buyers beware and do your own research. Litecoin (LTC) sat at a price of
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When Cam Newton became a free agent, everyone assumed he would eventually land with the New England Patriots—as he did.The primary concern, though, was how well the flamboyant quarterback would mesh with Bill Belichick and the Patriot Way.Throughout camp, it seemed like he was going to mesh just fine. But
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Given the rate at which Grayscale usually buys Bitcoin, it seems like the cryptocurrency fund management company was trying to buy every single Bitcoin in existence. But this pattern ground to a halt more than three weeks ago and hasn’t picked up again since. Grayscale Bitcoin Trust Fund (GBTC) would typically
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