#Is Elon Musk the new stock market oracle?

#Is Elon Musk the new stock market oracle?

“#Is Elon Musk the new stock market oracle?” Has the “Oracle of Omaha” Warren Buffett been replaced by Elon Musk, the “Oracle of Memes”? The futurist billionaire, chief executive of Tesla and SpaceX, and world’s richest person is now also able to move markets, from cryptocurrencies to actual stocks, using a single tweet. It’s a…

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#Mastercard will enable more merchants to take cryptocurrency

#Mastercard will enable more merchants to take cryptocurrency

“#Mastercard will enable more merchants to take cryptocurrency” Mastercard said it will enable more merchants to accept cryptocurrency by opening up its payment network to certain digital coins this year. The credit-card giant became the latest major company to embrace cryptocurrency this week after Tesla announced it had purchased $1.5 billion in Bitcoin. Mastercard called…

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#Big companies unlikely to follow Tesla on Bitcoin: JP Morgan

#Big companies unlikely to follow Tesla on Bitcoin: JP Morgan

“#Big companies unlikely to follow Tesla on Bitcoin: JP Morgan” Tesla’s $1.5 billion investment in bitcoin probably won’t inspire other major companies to spend their corporate cash on cryptocurrency, JP Morgan analysts say. The electric-car maker’s move to spend 8 percent of its cash reserves on bitcoin spurred speculation that the digital currency might start…

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