The publicly listed firm Tesla has announced in a Securities and Exchange Commission (SEC) Form 10-k filing that the company has purchased $1.5 billion worth of bitcoin. When the news broke, the price of the leading crypto asset jumped well over 15%, touching a new all-time price high at $44,899 per coin. Tesla, the American […]
A New Wave: Kraken Releases January 2021 Market Recap & Outlook
VIP clients are the first to receive Kraken Intelligence reports. If you’d like early access to our latest research, sign up to trade with us today or ask your account manager for more details. 2021 kicked off with a 46% surge in the bitcoin price… The post A New Wave: Kraken Releases January 2021 Market […]
Deutsche Telekom Partners with Nokia for Optical Network Transformation
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It’s Happening: Tesla Buys $1.5 Billion Of Bitcoin
Elon Musk’s multi-billion dollar company, Tesla, has purchased an aggregate $1.5 billion of BTC and will begin to accept the cryptocurrency as payment, per a financial performance report filing with the U.S. Securities and Exchange Commission for the fiscal year ended on December 31, 2020. Per the filing, in January 2021 the company updated its […]
Breaking: Tesla Purchases $1.5B In Bitcoin
News just came out that the Elon Musk-led, electric vehicle and clean energy company, Tesla, has purchased $1.5B in Bitcoin. This information was disclosed in their annual report filed with the SEC. Carl Quintanilla from CNBC tweeted the following excerpt from the SEC report which has seemingly set off a firestorm in the crypto community: “TESLA 10-K: […]
Bitcoin hits $43K all-time high as Tesla invests $1.5 billion in BTC
A filing with U.S. regulators confirms that Tesla is on board for Bitcoin payments in future. Bitcoin (BTC) jumped by almost $3,000 in minutes on Feb. 8 as reported emerged that Tesla had bought $1.5 billion worth of BTC. BTC/USD 1-hour candle chart (Bitstamp). Source: Tradingview BTC price soars above $43,000 Data from Cointelegraph Markets […]
Tesla expects to begin accepting Bitcoin for payment
Tesla is now able to hold Bitcoin in reserves, thus accepting Bitcoin as payment for its cars without necessarily converting it. Elon Musk’s Tesla Motors is following in the footsteps of MicroStrategy and other companies by allocating part of its balance sheet to Bitcoin (BTC). In Monday’s filing with the Securities and Exchange Commission, the […]
A turn for the worse? India’s crypto plan unsettling to local industry
The Indian crypto industry sees a brief panic over the government’s plans to ban “private cryptocurrencies” and explore the need for a CBDC. The Indian Crypto community has been involved in discussions with the government about how it should perceive cryptocurrencies and blockchain technology before finding ways to regulate the industry ever since the government […]
Tesla invests $1.5 billion into Bitcoin, plans to accept BTC payments
Tesla, a tech company led by well-known crypto enthusiast Elon Musk, has bought $1.5 billion worth of Bitcoin and plans to add support for BTC as a form of payment in the near future, according to its filing with the US Securities and Exchange Commission (SEC) published today. “Thereafter, we invested an aggregate $1.50 billion […]
AVAX, EGLD, MATIC Price Surge With Massive Gains – HODL or SELL?
The post AVAX, EGLD, MATIC Price Surge With Massive Gains – HODL or SELL? appeared first on Coinpedia – Fintech & Cryptocurreny News Media| Crypto Guide The entire cryptomarket appears to be poised towards the newer highs as the major cryptocurrencies like bitcoin and ethereum sustain above certain levels. Moreover, the other altcoins also follow […]