At the start of this month, Elon Musk’s giant e-car company, Tesla, invested in Bitcoin and officially joined the cryptocurrency market. It is argued by Wedbush Securities that Tesla managed to earn over $1 billion as a result of the investment. This is shocking, to say the least, considering that this revenue was generated in…
Sapcex’s/Tesla CEO, Elon Musk, has re-clarified his viewpoint regarding Bitcoin after big-time gold fan, Peter Schiff’s criticism of Bitcoin. Says that those who are holding Bitcoin are less dumb than those who are stacking cash. Elon Musk is one of those entrepreneurs who is held in high esteem within the global crypto community. He has…
The early days for Bitcoin were not as bright as now for the cryptocurrency, which continues to see a rise in value every day. Unfortunately, the critics of the cryptocurrency, coupled with the struggling growth of the overall Blockchain space, Bitcoin’s development did not come so fast. With the price of the cryptocurrency now around…
Many analysts and critics have shared their contrary opinions on the growing institutional adoption of Bitcoin, as analysts believe that the growing adoption of the cryptocurrency is will positively affect its price value and should be encouraged for the growth of the digital assets and the cryptocurrency market in general. Unfortunately, critics believe that the…
Last year in December, the globally renowned American footballer Russel Okung told his fans that he would be paid 50% of his salary in the form of Bitcoin. Okung unknowingly made the smart choice at that time as the National Football League (NFL) has just revised pay grades for its players and increased their annual…
Bitcoin continues to be the most talked-about crypto asset by many and all affiliated with the cryptocurrency market. The rising fortunes of the assets have also coincided with the growing institutional and wide stream adoption of the assets by all. Several traditional financial services firms like banks and many FinTech organizations have also begun to…
Over the past few years since it was created in 2009 by Satoshi Nakamoto, Bitcoin has seen a massive surge in its price coupled with an influx of users. Over the same amount of years, it has been able to climb up the chart to become the leading digital asset. Not only is it rivaling…
Even though Bitcoin was officially created and launched to be a peer-to-peer payments system that would help the unbanked, many people see it as a replacement for cash. While some are noting that it would take the pressure off cash and is a good thing, others say it is dangerous for the economy. But while…
No doubt that since 2020, digital currency owners have made huge piles of money. However, they have found a new hobby of spending their wealth as many of them have been found using private flights for traveling and most importantly paying the carrier company in crypto.Privatefly – a company involved in providing private traveling tours…
Risk Reversal Advisors’ founder, Dan Nathan, was of the view that US Government won’t allow corporations such as Tesla to give preference to Bitcoin over Dollar. He suggests that it wouldn’t be acceptable to US Administration in any case to let the world’s biggest corporations hurt US Dollar currency, which would adversely affect its reserves….
Bitcoin has been seen as the game-changer when it comes to investing and making profits, with the majority of people in the market testifying to that fact. According to one of the hosts of a daily crypto show, the gentlemen of crypto, Isaiah Jackson, even though the whites are the major gainers when it comes…
Bithumb, one of the largest domestic crypto exchanges, has been ordered to pay its victims in the shape of compensation. Compensation was ordered by the South Korean Court in connection with the incident that happened back in 2018 regarding accidental cash withdrawal. In the incident, Bitcoins of Bithumb’s victims were transferred to an unknown wallet….
The recent explosion in the fame of cryptocurrencies has prompted several traditional institutions, including major banks, insurance companies, and other financial services firms to move into the crypto space with investments. The most latest to join the cryptocurrency hub is Tesla, the famous e-car manufacturer giant which has invested a massive $1.5 billion investment in…
Since the boom of the cryptocurrency space, several crypto giants and exchanges have resorted to funding, partnerships, and supports of all sorts to cope with the growing demands of the space, which has become one of the most preferred investment grounds for many recently. The cryptocurrency space’s current market size is projected to triple by…
The growing adoption of cryptocurrency continues to be high, as several firms ranging from financial, technology to even sports have continued to embrace the investment ground gaining mass attention at the moment. Notably, many financial and investment technology firms have also been trying to tap into the market, offering several value-added services and products in…
Celebrities too love to jump on Bitcoin’s bandwagon. Lindsay Lohan’s tweet on Bitcoin catches investor’s eye which is inspiring them to bring more to the table. Since 2020, after the pandemic struck, more and more celebrities are showing their support for legendary cryptocurrency, Bitcoin, and other well-known digital assets such as Ethereum, Litecoin etc. A…
Bitcoin is the most successful cryptocurrency in the Blockchain space. Since its inception about ten years ago, it has continued to thrive beyond every reasonable doubt to attain a critical success level. The cryptocurrency continues to be the one with the largest market capitalization, amidst the flocking of individual and corporate investors into the space….
The $1.5 Billion Investment in the Bitcoin market of Tesla was believed to have come at a perfect time for the electric auto manufacturer. China had revealed that five agencies would be questioning the issues around the safety and quality of Tesla products about the time that the company announced its huge stake in the…
Ever since institutional buyers joined the crypto industries, many people push for more prominent investors to hasten the sector’s adoption and expand the market. One of the world’s biggest tech companies, Tesla, invested $1.5 billion into the digital asset industry recently, linked to new changes coming into the sector. The firm’s purchase led to the…
With the start of 2021, Craig Wright, who purports to be the inventor of Bitcoin, Satoshi Nakamoto, used his attorney to issue legal notices to multiple websites asking them to immediately remove printed copies of Bitcoin White Paper. Cobra who is the proprietor of bitcoin.org alleged on 31st January 2020 that he was harassed and…
