Mon Nov 25 10:54 PM

JPMorgan: Entrance of Tesla into Crypto Space Will Not Lead to Influx of Institutional Investors

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JPMorgan’s strategists were quick to identify the fact that Tesla’s entrance into the crypto space was a major positive factor for the industry.Many crypto analysts and enthusiasts have remained giddy and shown a positive outlook to the news of Tesla’s acquisition of the leading...

Monero Asks Elon Musk to Add XMR as Tesla Payment Option

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The proposal from the Monero community stated that the XMR payment option would be appealing to Tesla fans and investors as they would benefit from the coin’s unique privacy features The Monero community has announced that they want Tesla Inc (NASDAQ: TSLA) to add XMR as...

Michael Saylor promotes economic empowerment with free “Bitcoin for Everybody” course

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Michael Saylor has made many worthy contributions since bursting onto the cryptocurrency scene. His latest, the free “Bitcoin for Everybody” course, intends to give beginners a basic rundown of the leading cryptocurrency.In a tweet, Saylor said the course would help those looking to get...

Wall Street Journal commenters lambast $1.5 billion Bitcoin purchase by Tesla

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Yesterday, Tesla shocked the crypto space when the firm was revealed to have purchased $1.5 billion—yes, billion—worth of Bitcoin.As reported by CryptoSlate previously, a filing  with the US Securities and Exchange Commission (SEC) said that the firm had purchased this Bitcoin to provide “more...

Bitcoin (BTC) Hits $47K in Latest Tesla-fueled Surge

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Bitcoin surge is Tesla-fueled according to some analysts as the price of the digital coin started to rise just minutes after Tesla broke the news.Bitcoin saw an unprecedented rise in the latest Tesla-fueled surge, driving its price through $45K and $46K to touch $47,513.57,...

TSLA vs BTC: Bitcoin Valuations Surge Past Tesla after Its BTC Purchase

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Tesla’s Bitcoin purchase has provided Bitcoin the much-needed catalyst to break past all resistance and hit a new all-time high at $47,500. With over a 22% rally in the last 24-hours, BTC overtakes Tesla’s valuations.On Monday, February 9, the world’s largest automobile company Tesla...

Xfinite Taps Power of Algorand Blockchain to Launch Its First dApp Mzaalo

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Xfinite will run a fair and transparent ecosystem that will utilize Algorand’s Protocol Evolution system to power community consensus-based governance and decentralized finance initiatives.Xfinite, a new generation digital media platform has tapped the power of the Algorand blockchain to launch its first dApp dubbed...

BNB Makes History with Near $100 ATH Price Following BTC Impressive Run

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The current price of $98 is a bit surprising as analysts used the MVRV method to predict a possible reversal at $76.Binance coin (BNB) has made history with a 35% price surge to hit a new ATH price of $98 on February 9, 2021....

Justin Sun’s 2-Year Old Tweet on Lambo and Tesla: Prophecy Comes True

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The push by Tesla has driven the market capitalization of Bitcoin to $851 billion with about a 63% dominance rate in the market.Tron founder Justin Sun’s tweet from March 2019 about “When Lambo” and Tesla Inc (NASDAQ: TSLA) are coming off as a prophecy...

Bitcoin “call buying frenzy” occurs, will options market demand fuel another rally?

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According to the data analytics platform Laevitas, the Bitcoin options market is seeing a “call buying frenzy.” This means that the buyer demand for BTC is rising rapidly in the form of options.The options market has seen significant growth in recent months. Data from...