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Michael Saylor, the CEO of MicroStrategy, is one of those who believes Tesla’s bet on Bitcoin can have a tremendous ripple effect.Elon Musk, the billionaire Chief Executive Officer of the electric automaker Tesla Inc (NASDAQ: TSLA), has defended the firm’s latest Bitcoin (BTC) move while declaring he has little influence
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In brief:Tesla has just announced that the company invested $1.5 Billion in BitcoinTesla also plans to start accepting Bitcoin as a form of payments for its productsElon Musk has destroyed the ‘career risk’ associated with buying BitcoinCEOs of other companies will soon follow in Elon’s footstepsMichael Saylor has congratulated Elon
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Quick take:News of Tesla adding Bitcoin to its balance sheet resulted in the biggest BTC daily candle to dateThe event caused a Bitcoin move of $7,580 in one dayBitcoin also posted an all-time high of $48,193 – Binance rateWith the current market excitement, $50k is inevitable for BitcoinFebruary 8th, 2021,
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The U.S. Securities and Exchange Commission should be “looking to people” like Tesla CEO Elon Musk for market manipulation following the electric car maker’s recent decision to put bitcoin on its balance sheet, according to economist and prominent bitcoin critic Nouriel Roubini. Musk has been tweeting about bitcoin and dogecoin
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The price of Bitcoin (BTC) rallied to above $48,000 on Feb. 9, and has been consolidating since. Analysts from Material Indicators found that whales were the primary driver of the rally.This is largely considered a bullish sign. The probability of a Bitcoin top would increase when retail investors enter into
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The implications of Elon Musk’s purchase on bitcoin’s climate narrative, other Fortune 500 treasury management strategies and more.This episode is sponsored by Nexo.io.Elon Musk’s Tesla (TSLA) has purchased $1.5 billion in bitcoin as a treasury reserve asset. Additionally, the company will soon be allowing people to pay for Teslas with
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Social media activity for Bitcoin is at an all-time high following a massive endorsement from Tesla CEO, Elon Musk.Speaking to Cryptox, co-founder and CEO of crypto data provider The TIE, Joshua Frank, noted there have been 143,000 tweets over the last 24 hours from “non-bot accounts.”The new record beats out
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Bitcoin’s price is getting closer to Mars thanks to Elon Musk while ether moons to a new record. Investors are pulling BTC out of DeFi, likely to diversify their profits.Bitcoin (BTC) trading around $44,023 as of 21:00 UTC (4 p.m. ET). Climbing 14.5% over the previous 24 hours.Bitcoin’s 24-hour range:
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Several popular personalities like Snoop Dogg and Gene Simmons have followed Musk and are now tweeting about the Shiba Inu cryptocurrency. As DOGE hits a new all-time high it is now 1600% up year-to-date.Last Saturday, February 6, business tycoon Elon Musk once again tweeted about Dogecoin (DOGE) pushing its price
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Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cryptox in one link.Top Stories This WeekBitcoin eyes $50K less than a month
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