The Twitter CFO said that the company is working out options if they can pay salaries to their employees in Bitcoin along with allocating part of their treasury to BTC.
Yesterday Bitcoin lost its weekly gains. However, some experts are very optimistic about its future growth.
It is not yet clear which currencies the payments giant will add to its network. By now, Mastercard bets on stablecoins.
JPMorgan’s strategists were quick to identify the fact that Tesla’s entrance into the crypto space was a major positive factor for the industry.
Besides the existing benefits that Crypto.com Pay offers in terms of low gas fees, processing fees, and cashback to both users and merchants, the exposure to DeFi tokens broadens the parties’ coverage.
The proposal from the Monero community stated that the XMR payment option would be appealing to Tesla fans and investors as they would benefit from the coin’s unique privacy features
Considering the fact that the crypto industry has been on a general bullish run recently, it is possible to assume that the value of Ethereum would break the $2000 level even before the end of the week.
BlockFi’s annual fee falls 0.25% below what industry leader Grayscale Bitcoin Trust (GBTC) charges investors as BlockFi aims to compete with GBTC for the top spot.
The new crypto ETF dubbed Hashdex Nasdaq Crypto Index ETF shall be available to the accredited non-US users. Being completely regulated, the product offers institutional investors a simple solution to get access to cryptocurrencies
Called “Bitcoin for Everybody”, the course promises to teach “Bitcoin economics, investment, philosophy, and history, as well as its technical and practical components,” in 12 hours.
Tesla’s BTC purchase pushed Bitcoin 20% up in a single day thereby giving nearly $500 million returns in a very short time. Tesla’s entry has sparked speculations of big corporations joining the BTC bandwagon in the near future.
Users expect exchanges to find a balance between trading experience and security. An average trader requires a secure, fast, compliant, and flexible trading terminal.
The push by Tesla has driven the market capitalization of Bitcoin to $851 billion with about a 63% dominance rate in the market.
The current price of $98 is a bit surprising as analysts used the MVRV method to predict a possible reversal at $76.
Bitcoin surge is Tesla-fueled according to some analysts as the price of the digital coin started to rise just minutes after Tesla broke the news.