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“# The social side of institutional push: Popular excitement drives crypto adoption ” The start of February has brought yet another batch of evidence supporting the notion that the ongoing surge of crypto prices has deep institutional roots. Ignited by market whisperer Elon Musk and his Tesla’s announcement of a $1.5-billion Bitcoin position, the bullish…
“#Media’s censorious gatekeepers are mad — because they’re losing power” With Donald Trump out of office and de-platformed, you’d think mainstream media gatekeepers would be happy. You’d think wrong. Though the media-Big Tech regime is doing its best to silence opponents and seize control of the high ground, the news from within is grim. They…
“#Elon Musk slams Texas power grid operator” Tesla CEO Elon Musk slammed the Texas electrical grid operator on Wednesday for being unreliable after millions of residents were left without power during a historic winter storm that brought record freezing temperatures in the state. Musk tweeted that the state’s energy agency, the Electric Reliability Council of…
“# Tesla, Bitcoin and the crypto space: The show Musk go on? Experts answer ” While 2020 was a significant year for Bitcoin (BTC), the just-begun year of 2021 is already full of great surprises. On Feb. 8, Bitcoin’s price jumped by almost $3,000 in minutes, then it surged 20% in 24 hours — all…
“# Bitcoin mania ‘not a fad,’ says Wedbush analyst ” Wedbush Securities, a prominent wealth manager based in Los Angeles, California, believes Bitcoin (BTC) is becoming a permanent fixture in the global financial marketplace. Managing director Dan Ives informed clients on Wednesday that corporate adoption of Bitcoin represents a much bigger story than merely predicting…
“#Jeff Bezos overtakes Elon Musk as world’s richest person” Jeff Bezos is back on top. The outgoing Amazon CEO took back his crown as the world’s richest person, bringing Tesla chief Elon Musk’s reign to an end after just six weeks. The changing of the guard happened even though both billionaires’ fortunes shrank on Tuesday…
“# Microsoft has no plans to make Tesla-like move into Bitcoin, says president ” Microsoft, the second-largest company in the United States, does not apparently have any short-term plans to put Bitcoin (BTC) on its balance sheet, according to the firm’s president Brad Smith. In a Feb. 16 interview with CNN’s Julia Chatterley, Smith still…
“# Survey finds 5% of corporate CFOs plan to buy Bitcoin in 2021 ” A small scale study of financial executives has found that 5% of companies intend to invest in Bitcoin (BTC) as a corporate asset this year, with a further 11% stating they could do so by 2024. The survey conducted by Gartner…
“#Bitcoin tops $50,000, hits new record as big firms jump in” Bitcoin surged above $50,000 for the first time ever early Tuesday as a growing number of major companies warmed up to the world’s largest cryptocurrency. The bitcoin price hit an all-time high of $50,584.85 around 7:30 a.m., continuing a rally that’s seen the digital…
“# Institutional adoption underscores urgency of clear crypto rules, says Hester Pierce ” As institutions move into the cryptocurrency space, the need for clear rules regarding digital assets is critical, an official at the Securities and Exchange Commission said. SEC commissioner Hester Peirce believes that clear cryptocurrency rules are needed now more than ever due…