Back in 2018, Ark Invest CEO Cathie Wood infamously predicted that Tesla shares would reach $4,000 in a matter of a few years. Investors and critics ostracized her high-conviction bet, as at the time, Tesla was facing a major liquidity crunch and on the brink of bankruptcy. It seemed like an impossible task for the […]Read More
Ark Invest CEO: “$1 trillion is nothing” compared to where Bitcoin is going | CryptoSlate Earn up to 12% APY on Bitcoin, Ethereum, USD, EUR, GBP, Stablecoins & more. Start Earning Interest News › Bitcoin › Adoption Bitcoin is the first truly new asset class to emerge since the 1600s, argued Ark Invest CEO Cathie […]Read More
Electric car giant Tesla’s $1.5 billion investment in Bitcoin is less than one-third of the total crypto reserves held by Elon Musk and his companies, Anthony Scaramucci, CEO of investment firm SkyBridge Capital, asserted today. “Elon Musk didn’t stop with Tesla. I understand that SpaceX owns Bitcoin on its balance sheet,” Scaramucci tweeted, adding: “Elon […]Read More
In an interview with Bloomberg, Kraken CEO and founder Jesse Powell gave a perplexing prediction of Bitcoin’s future value: “When you measure it in terms of dollars, you have to think it’s going to infinity.” Powell was quick to justify his comment by painting a future where instead of comparing Bitcoin to fiat currencies in […]Read More
The rideshare company will look into cryptocurrencies including bitcoin as a potential form of payment. Source linkRead More
Bitcoin’s rise in 2020 was marked by institutions purchasing the asset as a hedge against global inflation, a bleak economic outlook, and an overall low-yield environment in the traditional finance market. The year 2021 is not far behind in that regard. The first month saw business enterprise firm MicroStrategy conduct its “Bitcoin playbook” conference, a […]Read More
Les has served as the board’s director since 2017. Source linkRead More
Twitter and Square CEO Jack Dorsey is further supporting bitcoin with the launch of his own “node” – software that helps validate transactions and blocks on the network. On Friday, Dorsey shared an image on Twitter showing the node in the action of synchronizing with the bitcoin blockchain. He said simply, “Running #bitcoin.” The node […]Read More
The changes come amid an ongoing class-action lawsuit against the mining company. Source linkRead More
The payments giant might add cryptocurrencies to its expansive global network. Bitcoin on VISA? Payments giant VISA could soon add Bitcoin and other cryptocurrencies to its expansive payments network, CEO Alfred Kelly said during an online appearance last week. “To the extent, a specific digital currency becomes a recognized means of exchange, there’s no reason […]Read More
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