UPDATED: Bitcoin hits record high after Tesla investment

  • 📰 MobilePunch
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 63%

United States News News

United States United States Latest News,United States United States Headlines

Bitcoin hit a record-high near $45,000 on Monday after Elon Musk's electric carmaker Tesla invested $1.5 billion in the digital currency.Bitcoin hit $44,795.20 around 1325 GMT, before cooling s...

“Tesla is going to be a major player in the auto industry and if it starts accepting bitcoin as a form of payment, it will give the digital currency further legitimacy.”

“As more and more companies start accepting bitcoin, this will only lead to further increases in demand in a market which is limited in supply,” Razaqzada added. A number of central banks have responded to the rise of cryptocurrencies and the dwindling global use of cash by announcing plans for bank-backed digital units.

Debate has raged over the status of the digital asset, launched in late 2008, as to whether it should be seen as a form of money, an asset or a commodity.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 8. in US
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Bonanza! Bonanza!! Bonanza!! February Bonanza. 3D logo Design For as low as 1500 Naira only. *Previous Price Was 3000 Naira Only* Call/Whatsapp this number 07063343411 or DM Me for more informations. Retweet Please.

Detty_boyy Anyways I am your sure plug if you want to learn how to trade bitcoins and other crypto currencies

Detty_boyy Nigeria didn’t ban crypto currencies guys. They banned bank transactions having bitcoin descriptions. Either ways it is still a nonsense development.

Foolish leaders in Nigeria are busy displaying their foolishness

A lazy govt will ban anything it doesn't understand but a smart govt will studying it and maximise its positives for its economic development.

FG ll soon ban Punch for doing this. Punch Newspaper, Shora fun Nigeria ooo... O lewu ooo...

After Nigeria 🇳🇬 successfully ban the crypto. Other countries are counting success we are here adapting failure

And one zoo government bans crypto currency in the country ooo🤔

No after nigeria ban crptocurrency.

I no understand una o, shey make he Dey pepper us now for body abi Wetin?🤦🏽‍♂️

👍

tesla buy $1.5 billion Bitcoin this is biggest news of an hour dude may be biggest news of century remember the date feb 8 ,2021 Bitcoin Acceptance Day Or Start of biggest Scamming event in Human History? 1 thing is sure this the Turning point of civilization.

United States United States Latest News, United States United States Headlines