Tags : Musks

Market

Elon Musk’s #bitcoin Bet Pays Off With $270M Gain on

Price Point In a run reminiscent of bitcoin’s stunning ascent in early January, bitcoin’s price blew past $45,000, $46,000 and $47,000 in less than an hour late Monday, eventually topping $48,000. By early Tuesday, the largest cryptocurrency had settled down to about $45,200.  The powerful rally came after Elon Musk’s electric-vehicle company, Tesla, announced that it […]Read More

Market

Silver Is the New GameStop as Musk’s #Bitcoin Stalls

Bitcoin (BTC) quickly settled back into the past couple weeks’ range between roughly $30,000 and $36,000, after a short-lived price spike Friday when Elon Musk, the electric-vehicle and private-spaceflight entrepreneur who’s also reportedly the world’s richest person, added “#bitcoin” to his Twitter profile. “The longer we stay at the current level, the stronger the base […]Read More