According to Tesla CEO Elon Musk, people who want to buy Tesla cars can now pay for vehicles in Bitcoin (BTC).
Many analysts believe that this move by Microsoft should be viewed as a strategic one.
Coinbase’s highly anticipated direct listing has been postponed, say sources. The public offering will arguably be one of the most critical moments in the crypto world.
According to OpenSea, the NFT marketplace they manage has no items belonging to the company.
As tech shares decline due to higher interest rates, bank stocks are rather benefiting from the rise.
The Fed chairman said that it will continue with its monetary easing policy through 2023 with no major hikes in interest rates. BTC price gained 6% post Powell’s comments.
Sources familiar with the matter said that the banking giant is willing to offer its wealth management exposure to Bitcoin via some products instead of direct ownership.
A successful Coinbase listing may result in further Bitcoin rally with the embrace of Coinbase into traditional markets being regarded as a wider acceptance of the crypto assets.
Coinbase will make its public debut on the Nasdaq at an unspecified date under the ticker symbol (COIN) and this will be through a direct listing, an approach that is markedly different from the traditional IPOs.
To remain competitive in a fast-changing environment, Visa has put in place measures to bridge the gap between fiat and cryptocurrencies.
Wedbush analyst Dan Ives thinks Tesla is preparing to shift focus to become a pure technology company.
Founders of Glassnode disclosed that there was an all-time high record of $500 million in Bitcoin getting liquidated.
Investors are showing positive sentiment based on the court ruling as Xiaomi shares are trading at HKD 24.35, up more than 7% at the time of writing.
Rakuten is raising a massive $2.2 billion with its stake to some of the big companies. The company plans to use this capital to expand its delivery network and establish a strong footing in Japan’s rural areas.
Bitcoin has reached a new all-time high of $60,310 this Saturday, finally breaking out of its consolidation zone between levels of $56k-$58k.