The price of Bitcoin as measured in USD has gone up dramatically today as it was announced in Tesla's (TSLA) SEC 10-K filing that the company purchased $1.5 billion worth of Bitcoin. Even better? The company announced that it expects to begin accepting payment for its electric vehicles in Bitcoin in the future. Per the announcement in the filing: In January 2021, we updated … [Read more...] about Yes, Tesla Did Just Buy $1.5 Billion of Bitcoin
Bitcoin - the Original Cryptocurrency
Follow the latest news, analysis, and market updates on Bitcoin, the original cryptocurrency.
Things are getting weird. Lloyd Blankfein, postulating on Bitcoin and how regulators are likely to react to its success in the future, suggested that shutting it down would be an option. Asked about Bitcoin, Blankfein was clearly dubious of the claim that the cryptocurrency served as a store of value - a common refrain amongst both retail and institution investors. He was none … [Read more...] about Former Goldman Sachs CEO Suggests a Bitcoin Shutdown?