Following a cryptic statement on Friday and an update to his Twitter profile, Elon Musk elaborated on his new-found interest in Bitcoin over the weekend.
During a session on audio chat platform Clubhouse, Musk responded to a question about his opinion on Bitcoin that in 2013, a friend made a
Tech mogul and the world’s richest person Elon Musk apparently joined the ranks of Bitcoin proponents.
Less than an hour ago, Musk changed his status on Twitter to the Bitcoin hashtag and seemingly suggested that his involvement in Bitcoin was inevitable in a cryptic tweet. He wrote:
“In retrospect,
Investment management firm Ruffer Investment Management sold a portion of its Bitcoin investment for millions of profit to keep a risk-free long position on the crypto asset.
According to a February 2nd report by UK news outlet The Telegraph, the investment manager has sold $650 million worth of bitcoin after
Investment management firm Ruffer Investment Management sold a portion of its Bitcoin investment for millions of profit to keep a risk-free long position on the crypto asset.
According to a February 2nd report by UK news outlet The Telegraph, the investment manager has sold $650 million worth of bitcoin after
Following a cryptic statement on Friday and an update to his Twitter profile, Elon Musk elaborated on his new-found interest in Bitcoin over the weekend.
During a session on audio chat platform Clubhouse, Musk responded to a question about his opinion on Bitcoin that in 2013, a friend made a
Tech mogul and the world’s richest person Elon Musk apparently joined the ranks of Bitcoin proponents.
Less than an hour ago, Musk changed his status on Twitter to the Bitcoin hashtag and seemingly suggested that his involvement in Bitcoin was inevitable in a cryptic tweet. He wrote:
“In retrospect,
In a testament to his support for Bitcoin, Miami mayor Francis Suarez announced on Wednesday that the Miami municipal webpage now hosts the Bitcoin white paper:
"The City of Miami believes in #Bitcoin and I’m working day and night to turn Miami into a hub for crypto innovation.
As Bitcoin has been experiencing accelerated institutional demand in recent months, one primary narrative has often stood out from the rest: a growing number of large investors can be observed comparing Bitcoin to gold and assigning it similar, if not better qualities as a store of value.
The latest to
Bitcoin is highly speculative, "hugely energy-intensive," lacks "value backing," and "may well break down altogether"—this is how Bank for International Settlements General Manager Agustin Carstens summarized his opinion on Bitcoin at a policy seminar by The Hoover Institute on Wednesday.
In his talk
Blockstream is looking to expand its mining operations. As detailed in a press release shared with the BTC Times, the Bitcoin infrastructure company has purchased $25 million worth of WhatsMiner Bitcoin miners from Shenzhen-based manufacturer MicroBT, which the firm plans to deploy across its mining facilities in North America over
Announced on Monday morning, Marathon Patent Group, a Bitcoin mining company based in North America, recently purchased $150 million worth of bitcoin. The purchase allowed the company to acquire 4,812.66 bitcoin, at an average price of $31,167. Bitcoin currently trades at $33,400 as per BTC Times
