Tesla Hits New Milestone as Its Market Cap Jumps Above $500B
As Tesla records continuously increase, the net worth of the company’s CEO has been rising as well.
Your essential daily read: our featured Story of the Day highlights the most impactful development across crypto, blockchain, or regulation—curated for urgency, significance, and insight. Don’t miss what moves the market today.
As Tesla records continuously increase, the net worth of the company’s CEO has been rising as well.
With Bitcoin supply diminishing over time and mining difficulty on the rise amid heightened demand, the asset is poised to skyrocket further in the coming months.
Bitcoin crossed $18,000 as it points towards an all-time high of $20,000. The last time Bitcoin traded a $20,000 was in December 2017. Altcoins have started following BTC on its way to new record levels.
AstraZeneca and the University of Oxford said that their COVID-19 vaccine candidate is cheaper for production and easier for distribution over its rivals. Also, the market cheered on Yellen news as she oversaw a solid economic expansion during her tenure as the former Federal Reserve Chain between 2014-2018.
Based on his stock-to-flow (S2F) model, PlanB is pretty confident that Bitcoin (BTC) price will 5x within the next 12 months with the phase 5 bull run triggering in January 2021.
It looks like Bitcoin bulls are preparing to take the BTC price above its all-time high of $20,000. While the BTC market rally has been overwhelming, several Bitcoin proponents thin that there’s a lot more to come in 2021.
Pfizer is on track to deliver up to 50 million doses in 2020 and about 1.3 billion doses in 2021.
The positive COVID-19 updates from Pfizer-BioNTech, Moderna, and AstraZeneca-Oxford give hope that the end is near for the COVID-19 pandemic that continues to plague our world for almost a year by now.
Singapore-based trading firm QCP Capital notes that Chinese miners are facing major liquidity issues and unable to sell their holdings due to government crackdown on exchanges. This gap in demand and supply has triggered the latest BTC price rally.
Bitcoin bulls take the market by storm as BTC price surges over 9% and now is getting closer its all-time high. Bitcoin has attained these levels for the first time in approximately the last three years.
Amazon has launched its Amazon Pharmacy service for the sale of prescription drugs in the US. The products will be delivered free for Amazon Prime members.
Automobile giant Tesla finally makes its way to the S&P 500 on Monday after reporting five consecutive quarter in profits and becoming the world’s most valued automobile company.
The growth currently observed in the global stock market may be the tip of the iceberg compared to the period when a vaccine will be approved by authorities around the world and will go into wider circulation.
SpaceX’s Falcon 9 rocket of the Crew Dragon mission will land on the International Space Station ay 11 PM Monday and will dock there for six months. This marks a new beginning of the public-private partnership for commercial space travel.
The Bitcoin market capitalization which was hovering around $300 billion and conquered 65% of the total market cap moved the digital asset into the list of first 20 major assets.