Day: February 8, 2021

Elon Musk Writing Book about Tesla, SpaceX and Lessons Learned

boss

Musk stated that his book will be a review of his “two decades of intense work”. He said he would go through old emails, notes, and texts. CEO of Tesla and SpaceX Elon Musk known for his very active and vibrant status on social media app Twitter have announced that he will be writing a book about his two companies. Musk also revealed that the book will capture the highs and lows of the journey so far as well as the moil involved in running an automaker and a space…

Nic Carter: What Bloomberg Gets Wrong About Bitcoin Mining

boss

Recently, Bloomberg published a piece calling Bitcoin an “incredibly dirty business.” It’s undeniable that the Bitcoin blockchain has a carbon footprint. Some bitcoins are mined with non-renewable energy, although plenty is mined with hydro, nuclear, or otherwise-vented natural gas, too. No one contests the externality of bitcoin, although the precise carbon footprint is debated. However, the article, by opinion columnist Lionel Laurent unfortunately relies on the flawed assumption that individual bitcoin transactions carry an energy overhead. The question of bitcoin’s energy footprint is riven with misconceptions. Firstly, it’s a mistake…

ETHEREUM Now A Top 100 Global Asset | BITCOIN $40,000 🚀

boss

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io $1 Trillion Crypto Market Cap | Ethereum Now a Top 100 Asset | Japanese Softbank Corp (SFTBY) joins crypto regulatory group JSTA | Nexon (NXC) to Acquire Bithumb | CNBC: “Bitcoin is a responsible investment strategy” | ShapeShift announces integration of decentralized exchange protocols into its platform | Matic “Storm” Update | Chainlink Updates | Marathon Patent Group (MARA) hits $1 billion market cap | Marathon Patent Group, Microstrategy, GreenPro Capital Stock Prices | FiCAS AG Receives Regulatory Approval for ETP |…

Tesla Acquires $1.5B in Bitcoin, Plans to Accept BTC for EVs

boss

Elon Musk’s Tesla has announced a whopping $1.5 billion investment in Bitcoin (BTC). The news is coming after days of Musk shilling Dogecoin (DOGE) on Twitter. Tesla Secures Bitcoin Whale Status with $1.5B Purchase According to Tesla’s latest filing with the U.S. Securities and Exchange Commission (SEC), the electronic vehicle manufacturing giant has announced the diversification of its cash reserves for a $1.5 billion Bitcoin investment. The move comes following an update to the company’s investment policy back in January 2021 geared towards improving its investment flexibility. An excerpt from…

A turn for the worse? India’s crypto plan unsettling to local industry

boss

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 placed a now-defunct blanket ban on banks servicing crypto firms in April 2018.  In the latest update, on Jan. 29, the government revealed its plans to introduce The Cryptocurrency and Regulation of Official Digital Currency Bill, 2021 to the lower house of the parliament (The Lok Sabha) in the upcoming session. As mentioned in the Lok Sabha’s release,…

Tesla expects to begin accepting Bitcoin for payment

boss

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 company announced it had purchased an aggregate of $1.5 billion in Bitcoin, to be held as an investment and store of value for its excess cash. It is currently unknown what is the average purchase price and number of BTC the company acquired. Tesla’s investment policy has been updated at an unspecified point in January 2021,…

Bitcoin, Ether, Major Altcoins – Weekly Market Update February 8, 2021

boss

The total crypto market cap added $186 billion to its value for the last seven-days and now stands at $1,209 billion. The majority of the coins on the top 10 list registered solid gains with XRP (XRP) being the only exception losing 13.5 percent for the period. By the time of writing bitcoin (BTC) is trading at $39,440, ether (ETH) is at $1,658. BTC/USD Bitcoin closed the trading day on Sunday, January 31 at the weekly support level of $33,105. The coin erased 3.3 percent of its value and briefly…

Xfinite Taps Power of Algorand Blockchain to Launch Its First dApp Mzaalo

boss

Xfinite will run a fair and transparent ecosystem that will utilize Algorand’s Protocol Evolution system to power community consensus-based governance and decentralized finance initiatives. Xfinite, a new generation digital media platform has tapped the power of the Algorand blockchain to launch its first dApp dubbed the Mzaalo. The Xfinite platform is a blockchain-based ecosystem with the aim to create an engaging ecosystem based on trust, transparency, and inclusivity. Xfinite is built with the aim to usher in a future with a fairer system for everyone, as it aims to revolutionize…

Tesla Invests $1.5B Worth of Bitcoin, SEC Filing Shows

boss

Elon Musk’s Tesla invested $1.5 billion in Bitcoin, according to its latest filing with the US Securities and Exchange Commission. The American vehicle giant reported that it changed its investment policies in January 2021 to “further diversify and maximize returns” on the cash it did not require for operational liquidity. It later sought approval from its “audit committee” to invest those spare dollars in alternative reserve assets. The strategy led them to Bitcoin, the world’s most valuable decentralized cryptocurrency. “We invested an aggregate $1.5 billion in bitcoin under this policy…

7 Things to Look for in a Credit Card

boss

Take your time when making your decision and be sure to use your card wisely. No matter how good your credit card is, it will only be a liability if used incorrectly. Credit cards can be a great financial tool when used correctly. Selecting the right card will help you along your financial journey depending on what your goals are. Different aspirations will benefit from different types of credit cards. You may be looking for a credit card to build credit, or perhaps you want to find a good company…