Bitcoin’s volatility will fall as it grows to become a “stabilizing influence” for the entire global financial system, MicroStrategy CEO Michael Saylor told CNBC.
Category: Bitcoin
Buying the best pre-built mining rig or mining PC can make it easy to get into cryptocurrency mining.
Large and respected institutions, including a $1 trillion company run by the richest person on earth are starting to worry about the world’s institutions, most notably the stock market and fiat currencies, and they are taking steps to hedge the risks.Why it m…
Data: YCharts; Chart: Axios VisualsWhen Elon Musk’s Tesla spends $1.5 billion on bitcoin and announces that it will start accepting the cryptocurrency as payment for its cars, it’s natural to ask why it would do such a thing. Why it matters: The simplest expl…
Tesla has made a large purchase of bitcoin to diversify its assets as it plans to accept the cryptocurrency for payments.
The Musk effect: Bitcoin surges to $43k following $1.5 billion purchase by Telsa Elon Musk is not just hyping . The world’s richest man is putting his money where his mouth is. A filing with the SEC has revealed that Musk’s Tesla (NASDAQ:) invested $1.5 billion into Bitcoin in January. As news of the purchase…
Bitcoin bulls view the cryptocurrency as a hedge against what some fear will be inflation from the cascade of cash injected into the economy through government stimulus programs.
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Bitcoin owner whose story went viral after he lost his wallet password says he has ‘made peace’ with potential $220 million loss
After hitting an all-time high of around $19,700 per in late 2017, the price of a single Bitcoin dipped sharply before bottoming out around $3,200 in December 2018. The volatile cryptocurrency got hot again over the summer and after riding a few peaks and valleys, it’s been mostly full steam ahead ever since.