Twitter Thought to Copy Tesla’s Bitcoin Bet, Says CFO

Tesla’s huge bet on bitcoin could be followed by other major corporates as Twitter also has thought about adding the cryptocurrency to its balance sheet. However, no decision to follow in the electric-car maker’s footsteps has been made yet, Twitter’s chief financial officer told CNBC. Ned Segal, CFO at the social media platform, said in an interview that Twitter had […]

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Bitcoin Volatility Is an Issue for Large Companies, Says JPMorgan

Bitcoin volatility is one of the biggest issues that is preventing large companies to add BTC into their balance sheets, according to a research note published by JPMorgan strategists led by Nikolaos Panigirtzoglou. Tesla, the world’s largest electric-car maker revealed in its latest filing that the company has invested nearly $1.5 billion in Bitcoin. The research note mentioned that mainstream […]

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Bitcoin Price Soars Again, Going Above $47,000 Mark in Asia

Cryptographic forms of money expanded in Asia on Tuesday, with bitcoin and ethereum arriving at record highs, in the wake of a Tesla Inc interest in bitcoin. Bitcoin posted its biggest every day rate acquired in over three years short-term, after Tesla made the declaration in its 2020 yearly report.  Bitcoin bounced however much 15% after Tesla made the divulgence […]

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Is Bitcoin A Worth Investment For A Small Business?

Most of the time, small business owners require funds to meet various needs, like introducing new products/services.  Small ventures often require cash for daily business activities, such as buying raw materials, business promotions, and others.  By the nature of the activities, small businesses require a system of payment that is prompt. And this is how Bitcoin comes in.  Digital currency […]

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Scott Minerd: Bitcoin Could Hit $600k

As Bitcoin reached $40,000 for the second time, we continue hearing price predictions for the future of the largest virtual currency in the world. Scott Minerd, the CIO of the investment firm Guggenheim, said during an interview with CNN that Bitcoin could eventually move to $600,000.  Could Bitcoin Reach $600,000? During the weekend, the entire crypto market got very bullish. […]

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