We are all growing tired and annoyed of Musk’s tweets…

Bitcoin holders throughout the world will begin to ignore Elon Musk’s incessant tweets, and the Tesla chief’s influence will have no bearing on the market. That’s the view of an industry leader who is one of a growing army of people involved in cryptocurrency becoming tired of the South African’s constant up-and-down relationship with Bitcoin.Continue reading “We are all growing tired and annoyed of Musk’s tweets…”

Mark Cuban: Crypto prices increasingly reflect “real demand”

In a Twitter thread today, billionaire investor Mark Cuban weighed in on the current state and the future of blockchain technology and investment, ultimately concluding that while there are real obstacles to adoption asset prices are increasingly reflective of real “utility” and “demand,” and that the day will eventually come when crypto is “mature toContinue reading “Mark Cuban: Crypto prices increasingly reflect “real demand””

Elon Musk on Saturday Night Live Spurs Dogecoin Watch Parties

The late-night comedy show has become a potentially market-moving event for the joke cryptocurrency on a wild ride. They’ll be setting up taco bars, monitoring price movements on dedicated screens and taking a drink every time someone says “doge.” Dogecoin traders around the world are organizing watch parties for Elon Musk’s appearance this weekend on “Saturday Night Live,” withContinue reading “Elon Musk on Saturday Night Live Spurs Dogecoin Watch Parties”

Tesla Begins Accepting Bitcoin — Elon Musk Says BTC Payments Will Not Be Converted to Fiat Currency

Elon Musk’s electric car company, Tesla, has started accepting bitcoin payments. Musk, whose title is now Techno-King of Tesla, also confirmed that all “Bitcoin paid to Tesla will be retained as bitcoin, not converted to fiat currency.” Tesla Now Accepts Bitcoin Tesla has begun accepting bitcoin payments. Elon Musk, who recently changed his title fromContinue reading “Tesla Begins Accepting Bitcoin — Elon Musk Says BTC Payments Will Not Be Converted to Fiat Currency”

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”