Bitcoin hit a fresh record above $47 000 on Tuesday after Tesla’s announcement of a $1.5-billion investment in the largest cryptocurrency.
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Tesla said on Monday it had invested about $1.5-billion in bitcoin and expected to begin accepting payment for its cars and other products with it in the near future. The cryptocurrency surged to a new record high.
Dogecoin, the tongue-in-cheek cryptocurrency featuring a Shiba Inu dog as a mascot, briefly touched a record on Monday after billionaire Elon Musk, rapper Snoop Dogg and Kiss bassist Gene Simmons tweeted about it.
Some people are laughing through gritted teeth at Elon Musk’s tweets promoting dogecoin – the joke may ultimately be on all of crypto.
German prosecutors have confiscated more than €50-million worth of bitcoin from a fraudster. There’s only one problem: They can’t unlock the money because he won’t give them the password.
Cryptocurrency dogecoin surged more than 50% on Thursday after billionaire entrepreneur Elon Musk tweeted his support for it, two days after he said he was to take a break from Twitter “for a while”.
Ethereum hit an all-time high on Thursday as investors bought the cryptocurrency before the launch of ethereum futures on the Chicago Mercantile Exchange next week.
Billionaire Elon Musk said on Monday bitcoin was “on the verge” of being more widely accepted among investors as he expressed his support for the cryptocurrency.
Bitcoin jumped as much as 14% on Friday to a two-week high after Tesla CEO Elon Musk tagged the cryptocurrency in his Twitter biography.
The Financial Sector Conduct Authority wants more power to prosecute perpetrators of fraud and oversee dealing in cryptocurrencies after the collapse of a bitcoin trader.