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Saturday, Feb 27, 2021
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Bitcoin set for worst week since March as riskier assets sold off
Bitcoin was headed on Friday for its worst week since March as a rout in global bond markets sent yields flying and sparked a sell-off in riskier assets.
Is This Sleek New Electric Vehicle the Future of #Vanlife?
The Canoo MPDV van cuts a sharp profile reminiscent of the Tesla Cybertruck.
Chinese £3,200 budget electric car takes on Tesla
A budget electric vehicle (EV) selling in China for $4,500 (£3,200) is now outselling Tesla's more upmarket cars.
Elon Musk, Bill Gates and Janet Yellen are sending bitcoin tumbling
Bitcoin's roller coaster ride continues. The top cryptocurrency surged to a new all-time high above $58,000 on Sunday but fell to just above $46,000 in early trading Tuesday morning.
Square doubles down on crypto, buying $170mn more in bitcoin
Jack Dorsey’s financial services company Square extended its crypto holdings by $170 million as part of an ongoing commitment to the cryptocurrency, the firm announced.
Bitcoin’s HUGE daily drop sends cryptocurrency market crashing
The world’s highest-valued digital currency, bitcoin, has seen its biggest drop ever, plummeting below $46,000 per coin from the weekend record of over $58,000 in a span of just 19 hours.
Apple buys a company every three to four weeks
Apple has acquired about 100 companies over the last six years, the company’s chief executive Tim Cook has revealed.
Bitcoin: Elon Musk loses world's richest title as Tesla falters
Tesla boss Elon Musk has lost his title as the world's richest person after a recent slide in the electric carmaker's shares, the main driver of his wealth.
Bitcoin Smashes Biggest Record by Far, Trading at $49,998
The price of the Bitcoin cryptocurrency reached a new record high on Tuesday morning, approaching $50,000.
Tesla's stock is now 'heavily tied' to the fate of bitcoin after the company's $1.5 billion purchase
'There is a lingering worry that the bitcoin sideshow could overshadow the overall EV growth story playing out for Tesla in 2021 and beyond,' Ives said.
Bitcoin drops after weekend climb to all-time high
Bitcoin fell on Monday after surging to its latest record high a day earlier as a sell-off in global equities curbed risk appetite, with some investors also citing concerns about the rapid surge in the virtual currency’s price.
Can Oil And Electric Vehicles Coexist In Modern Markets?
Both EV stocks and oil stocks are rising in an increasingly irrational market, but while the electric vehicle industry is quickly developing, the oil industry is maturing quickly.
Bitcoin storms past $50,000 for first time as mainstream appeal grows
The crypto king, as its champions describe it, clocks up another milestone and a market expert suggests $65,000 is in sight.
Investing in bitcoin ‘less dumb’ than holding cash, but only slightly better – Elon Musk
Tesla’s CEO has shed light on its massive investment in crypto, saying the risky move is not “directly reflective” of his personal opinion of bitcoin, which, he says, is only a little less precarious than dealing in cash.
Bitcoin's market value tops $1 trillion
The trillion-dollar market value club has a new member: bitcoin. The total number of bitcoins trading are now collectively worth more than $1 trillion.
Tesla's bitcoin investment reportedly made more profit this year than car sales in the whole of 2020
EV-company Tesla's infamous $1.5 billion bitcoin purchase will have made more returns than the company's car sales revenue in 2020, The Times of London reported.
Crypto-Fabulous: What Exactly Is Cryptocurrency and Will It Ever Truly Become 'The People's Crypto'?
The world's most famous cryptocurrency, Bitcoin, has seen a meteoric rise past $50,000 in recent weeks, and the word 'crypto', an unfamiliar reference to a new type of currency exchange, has now become ubiquitous in the media.
New Elon Musk Tweet Sends Another Cryptocurrency Through the Roof
Musk is already responsible for cryptocurrencies such as Bitcoin and Dogecoin reaching record highs over the past couple of months.
Elon Musk says bitcoin is slightly better than holding cash
Tesla Inc CEO Elon Musk on Thursday said that owning bitcoin was only a little better than holding conventional cash, but that the slight difference made it a better asset to hold.
Bitcoin is 'economic side show' and poor hedge against stocks: JP Morgan
Bitcoin is an “economic side show” and a poor hedge against a decline in equity prices, analysts at JP Morgan said in a sobering assessment that could undercut the cryptocurrency’s rise to record highs.
Dogecoin's $2 billion 'whale' might be Robinhood, according to Redditors
The timing of Robinhood offering dogecoin trading to its users in July 2018 aligns with the creation of the initial digital wallet used for storage in June 2018, Bloomberg first reported.
Bitcoin rockets past $51,000 to reach new all-time high
The world’s most valuable cryptocurrency, bitcoin, continued its rally on Wednesday, soaring above the $51,000 mark. Tuesday had seen it hit $50,000 for the first time ever.
Jeff Bezos overtakes Elon Musk to become world’s richest person again
Bezos, 57, saw his net worth tick down by $372M to $191B
Bitcoin surges to new highs, analysts warn about price sustainability
Bitcoin surged to yet another record high on Wednesday, a day after the virtual currency vaulted to the $50,000 hurdle, even as analysts warned against the sustainability of such prices amid elevated volatility.
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