If you have less money than Elon, you should probably watch out for Bitcoin’s volatility: Bill Gates

Bitcoin, which reached an all-time high of $58,640 was trading at $45,078, after registering a 15% dip in price in the last 24 hours- (3PM 23-FEB-2021). The downward swing has had many speculating whether Elon Musk, who reignited mainstream interest in the asset, could have influenced markets, through his tweets. However, Philanthropist, Bill Gates thinks that while Musk is immuneContinue reading “If you have less money than Elon, you should probably watch out for Bitcoin’s volatility: Bill Gates”

Tesla bitcoin gambit already made $1 billion, more than 2020 profit from car sales, estimates analyst

While the Bitcoin investment is a side show for Tesla, it has clearly been a good initial investment and a trend we expect could have a ripple impact for other public companies. Much has been made about the hefty sum that Tesla Inc. has invested in bitcoin, a speculative asset that has only been aroundContinue reading “Tesla bitcoin gambit already made $1 billion, more than 2020 profit from car sales, estimates analyst”

Bitcoin ETF Approved: First North American Bitcoin ETF Set to Trade on Toronto Stock Exchange

The first bitcoin exchange-traded fund (ETF) in North America has been approved to launch in Canada. Purpose Bitcoin ETF, an alternative mutual fund, is expected to list and trade on the Toronto Stock Exchange. With this approval, the U.S. has fallen behind Canada in approving a bitcoin ETF. First Bitcoin ETF Approved in North AmericaContinue reading “Bitcoin ETF Approved: First North American Bitcoin ETF Set to Trade on Toronto Stock Exchange”

Motley Fool invest $5M in Bitcoin to its ‘10X portfolio’ — has a $500K price target

“We plan to hold this Bitcoin investment for many years and we’ll wait for all of our members in our new 10X service to be able to buy before we do.” Financial and investment advisory giant The Motley Fool has announced it will invest $5 million into Bitcoin with the expectation that it will riseContinue reading “Motley Fool invest $5M in Bitcoin to its ‘10X portfolio’ — has a $500K price target”

Kim Dotcom Launches Whybitcoincash.com

On February 12, the founder of the now-defunct file-sharing website Megaupload and cryptocurrency proponent, Kim Dotcom tweeted about a new website he created that shows the upside of bitcoin cash. The web portal whybitcoincash.com highlights why people should join the digital money revolution and how “cryptocurrencies stand to transform the way business and individuals exchangeContinue reading “Kim Dotcom Launches Whybitcoincash.com”

Why is Dogecoin so Popular?

The recent events that led to the astronomical growth of Dogecoin (DOGE) have undoubtedly brought popularity to the coin itself and to the community that has formed around what has been referred to as a  “meme-coin”. The cryptocurrency originally created for fun and the community that formed around it have greatly influenced the development and popularization ofContinue reading “Why is Dogecoin so Popular?”

Ethereum is heading to the Moon!

Ethereum Is Taking Off! 🤑Ethereum is having its day reaching new all-time highs a month after Bitcoin shot past $40,000 USD. The price is currently sitting just under $1700, which if we were to compare Ethereum against Bitcoin (which is nearly 2x above it’s previous all time high), Ethereum should be able to move upContinue reading “Ethereum is heading to the Moon!”

Dogecoin soars 300 percent – Robinhood restricts Crypto trading

Robinhood has started restricting trading in cryptocurrencies this morning, just as the price of joke cryptocurrency Dogecoin has soared more than 300 percent in 24 hours. CNBCreports that Robinhood users started noticing instant deposits for cryptocurrencies were no longer working on Friday morning, and the company has confirmed it has put restrictions in place. “Due to extraordinaryContinue reading “Dogecoin soars 300 percent – Robinhood restricts Crypto trading”