Monthly Archives: May 2021

Elon Musk: ‘You Can Now Buy a Tesla With Bitcoin’

EV manufacturer Tesla has begun accepting Bitcoin as payment for its automobiles—and it won’t convert the cryptocurrency to fiat. By Adriana Hamacher In brief Tesla has begun accepting Bitcoin as payment for its cars. The company will not convert the Bitcoin it receives to fiat currency. Tesla CEO Elon Musk announced today on Twitter, that the EV manufacturer has begun accepting payment for…

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Bitcoin whales accumulate 122.5K BTC amid latest market mayhem

Some of Bitcoin’s most influential holders bought the dip during last week’s market meltdown.   Large Bitcoin (BTC) holders appear to be aggressively buying the dip amid the latest price correction, raising optimism that the coordinated selloff could be about to end. Using data from Glassnode, Morgan Creek Digital’s Anthony Pompliano recently concluded that the so-called Bitcoin whales — entities…

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