Browsing: Elon Musk

Bitcoin is closing in on a market value of $1-trillion, a surge that’s helping cryptocurrency returns far outstrip the performance of more traditional assets like stocks and gold.

Bitcoin blew through another milestone, surging past $50 000 for the first time as the blistering rally in the largest cryptocurrency continues to captivate investors worldwide.

Tesla boss Elon Musk is a poster child of low-carbon technology. Yet the electric car maker’s backing of bitcoin could turbo-charge global use of a currency that’s estimated to cause more pollution than a small country every year.