Day: February 22, 2021

Tesla Makes Roughly $1B of Profit from Its Bitcoin Investment, Wedbush Analysts Say

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The reported profit estimates from Teslaโ€™s Bitcoin purchase may appear attractive to other publicly traded companies in the United States and beyond. Analysts from Wedbush Securities, a Los Angeles-based investment company, have revealed the approximate profitability of the Bitcoin (BTC) investment made by electric vehicle maker Tesla Inc (NASDAQ: TSLA). As contained in a note shared by the firm which doubles as a market research outfit, the EV giant has made roughly $1 billion from this cryptocurrencyโ€™s purchase. Tesla took the world, especially the cryptocurrency ecosystem, by storm when it…

Did $50K ‘trigger’ Peter Schiff to buy BTC? 5 Things to watch in Bitcoin this week

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Bitcoin (BTC) hit a new high over the weekend in the latest episode of its spectacular 2021 bull run โ€” whatโ€™s next for hodlers? As the largest cryptocurrency approaches $60,000, Cointelegraph takes a look at the factors to consider when forecasting this weekโ€™s price action. BTC price vs. DXY (orange). Source: Tradingview Investor eyes stock market “reset” Equities showed no signs of flipping their endless upside on Monday, as buyers continued to pour in to the market. Despite warnings that a bubble may already be about to burst, markets built…

Reviewing ChainGuardians, First NFT-Mining Games for CryptoVerse

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ChainGuardians is the worldโ€™s first online gaming ecosystem where blockchain meets superheroes. The games available on the platform are unique and like no other within the CryptoVerse. ChainGuardians is premiering a new approach to online gaming by combining anime and cryptocurrencies. It is the first NFT-mining game specifically designed for the CryptoVerse.ย  ChainGuardians is building a player-centred gaming economy through an innovative approach that combines blockchain technology and legacy gaming concepts. The result is a hugely popular gaming ecosystem in the CryptoVerse.ย  The development of the platform is aimed at…

Avalanche Coin Price Prediction 2021 AVAX Cryptocurrency token Coin news today Up 1500 Percent

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Carrefour Shoppers in the UAE to Get Farm-to-Shelf Information with Blockchain Technology

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The shopping experience of Carrefour customers in the United Arab Emirates (UAE) is expected to be boosted as they will be in a position to track the place of origin of the products they intend to buy thanks to blockchain technology. Blockchain-powered food trust solution The collaboration between Majid Al Futtaim, the Carrefour franchisee, and IBM, is expected to boost shoppers satisfaction levels because the latter will provide a blockchain-based โ€˜Food Trustโ€™ solution. Carrefour shoppers will be able to trace the origin of fresh chicken or vegetables by just a…

Bitcoin Tops New ATH Above $58,300, Elon Musk Calls BTC Price ‘High’

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Elon Musk said that the Bitcoin (BTC) price was high as it crossed $53,000 levels and hit over $1 trillion valuations. However, Bitcoin bulls continue to take the price higher with the next immediate target at $60K. Bitcoin (BTC), the worldโ€™s first trillion-dollar crypto asset class, has shot up to new highs on Sunday, February 21. The Bitcoin (BTC) price surged all the way above $58,300 hitting its new all-time high. At this price point, Bitcoin has registered ~100% gains year-to-date. However, Bitcoin has partially retraced from its all-time highs…

Tesla made $1B profit on its Bitcoin buy, says analyst

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American electric car giant Tesla has seen some massive gains from its Bitcoin (BTC) investment, reportedly having made up to $1 billion in profit, according to a new report. An analyst at Wedbush Securities, a private investment firm in the United States, has calculated that Tesla has made โ€œroughly $1 billionโ€ in the aftermath of its $1.5 billion Bitcoin investment. Daniel Ives estimated Teslaโ€™s Bitcoin profits in an investor note on Saturday, CNBC reports. Amid Bitcoinโ€™s parabolic surge to become a $1 trillion asset, Ives said, โ€œTesla is on a…

Russian Bill to Recognize Cryptocurrencies as Property Advances in Parliament โ€“ Regulation Bitcoin News

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Russiaโ€™s parliament has advanced the bill that proposes to recognize cryptocurrencies as property. The proposed law will provide legal protection for cryptocurrencies but income from their activities will also be subject to taxation. Cryptocurrencies to Be Considered Property in Russia Russiaโ€™s State Duma, the lower house of Parliament, adopted a bill that recognizes cryptocurrencies as property and subjects income from them to taxation in the first reading, RIA Novosti reported last week. Noting that the document was submitted to the parliament by the government on Dec. 1, 2020, the publication…

Blockchain Transactions Affirm Suspicious Levels of RaaS Interconnectedness

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During the COVID-19 outbreak, the virtual working environment has disclosed various organization vulnerabilities to ransomware attacks. Ransomware strikes impulsively at the heart of organizations, resulting in businesses facing extensive loss during and after the attack. Are you familiar with the fact that ransomware attacks boosted almost 900% during the first half of 2020? Sadly, 72% of the ransomware growth is observed because of the coronavirus pandemic. Undoubtedly, ransomware attacks started to evolve long before the pandemic exists. Ransomware attacks have faced growth at a tremendous pace by 200% over the…

(mining btc coins) yadda zaka hako (btc) cikin sauri

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