To double its annual revenue by 2023 as planned, Twitter would need an increase from 43.7 billion recorded in 2020 to at least $7.5 billion.
Shortly after Klarna CEO Sebastian Siemiatkowski expressed his concern over tweets promoting Bitcoin, reports revealed that the SEC is investigating Musk over DOGE tweets.
The CFO further revealed that Square’s Bitcoin investment represents 5% of the company’s cash. She noted that Square has a long-term vision on the investment.
Charlie Munger was clear that in his opinion: Bitcoin could not become a medium of exchange due to its volatility.
The two largest cryptocurrencies by market cap saw massive growth in users in January this year.
Konstantin Anissimov, Executive Director at CEX.IO, shares his insights about the Bitcoin (BTC) and Ethereum (ETH) daily price movements. Feb, 24.
Self-claimed Bitcoin inventor Craig Wright wants developers to do the impossible and help him restore access to his 110K Bitcoin lost during the Mt. Gox theft. He threatens them with legal actions in case they fail to help him.
Klarna CEO said tweets promoting Bitcoin may encourage retail traders to invest in the digital asset without considering the risks involved.
The value of 1 Bitcoin went back above the $50,000 psychological level after Jack Dorsey’s Square revealed that they had purchased 3,318 BTC for $170 million at an average price of $51,236 per coin.
Square announced an additional Bitcoin (BTC) purchase of $170 million buying the dips after BTC price crashed sub $46K levels on Tuesday in a marketwide correction.
On Tuesday, Bitcoin price collapsed over 15% leading to the first sharp price correction this year in 2021. However, this happens after Bitcoin surged over 90% year-to-date hitting its new all-time high above $58,300.
According to Michael Saylor, anyone with access to a mobile phone can save in Bitcoin regardless of what part of the world they live in.
Saying that DeFi promises democratization, open access, transparency, predictability, and systemic resilience, Peirce mentioned the risks related to the industry. They include security vulnerabilities, scaling problems, and faux decentralization.
Before Gates changed his view on Bitcoin from “negative” to “neutral,” the billionaire had criticized crypto anonymity. He referred to cryptocurrency as “a rare technology that has caused deaths in a fairly direct way.”
The best moment to buy or accumulate any digital asset is when the prices are low, and this may be a perfect time for corporate investors to follow Tesla’s Bitcoin investment move and get on the train.