Tesla has sold $272 million worth of bitcoin, amounting to 10% of its previous $1.5 billion bitcoin purchase announced in February.
This leaves the car manufacturer with $1.331 billion worth of bitcoin on its balance sheet, according to the firm's Q1 shareholder update. The sale had
By banning its customers from buying and holding MicroStrategy and Coinbase stock due to their indirect connection to "virtual currency products," HSBC made clear last week that it has no interest in participating in the accelerated demand for Bitcoin — and by extension, neither can the customers of Europe&
South Korean-Japanese game publisher Nexon has become the latest publicly traded company to add Bitcoin to its balance sheet.
As the firm announced on Wednesday, it has bought $100 million worth of bitcoin, which represents less than 2% of its total cash and cash equivalents. This makes Nexon the first
South Korean-Japanese game publisher Nexon has become the latest publicly traded company to add Bitcoin to its balance sheet.
As the firm announced on Wednesday, it has bought $100 million worth of bitcoin, which represents less than 2% of its total cash and cash equivalents. This makes Nexon the first
Tesla has sold $272 million worth of bitcoin, amounting to 10% of its previous $1.5 billion bitcoin purchase announced in February.
This leaves the car manufacturer with $1.331 billion worth of bitcoin on its balance sheet, according to the firm's Q1 shareholder update. The sale had
By banning its customers from buying and holding MicroStrategy and Coinbase stock due to their indirect connection to "virtual currency products," HSBC made clear last week that it has no interest in participating in the accelerated demand for Bitcoin — and by extension, neither can the customers of Europe&
Industry insiders are calling it "Bloody Sunday". Over the weekend, the price of bitcoin lost 12% of its value, dropping from $61,300 to a low of just over $53,800 within 24 hours, and many are speculating about the causes behind such a selloff.
Among the theories
China's unclear stance on Bitcoin has dictated the last few years for local Bitcoin firms and holders, but now the country's central bank seems to be shifting its tone.
At a CNBC-hosted panel at the Boao Forum for Asia in Beijing on Sunday, Li Bo, deputy
On Friday, the Turkish central bank introduced a ban on performing payments with cryptocurrencies, citing several concerns such as their possible use for illegal activities. The ban will go into effect on April 30th.
The Turkish lira has hit record lows in purchasing power over the past months, putting pressure
It happened. After weeks filled with headlines and anticipation ahead of Coinbase’s direct listing on NASDAQ, the stock is now live — although the launch didn’t prove quite as successful as many had expected.
About two weeks after the initial announcement, Coinbase gave its long-awaited stock market debut on
On Tuesday, privacy-focused messenger Signal published a blog post introducing a number of beta features, among them "Signal Payments," which it described as “a new feature that enables you to send and receive privacy focused payments.” To facilitate these payments, Signal uses payment network MobileCoin, which — as the
