cryptocurrencyvolatility
Cryptocurrency volatility is not necessarily a bad thing – but it could be if your investment decisions are driven by the whims of Elon Musk, affirms the CEO of one of the world’s largest independent financial advisory and fintech organizations. Q1 2021 hedge fund letters, conferences and more The comments from Nigel Green, chief executive and founder of deVere Group, come as Bitcoin, the biggest cryptocurrency by market capitalization, regains some ground after falling to a four-month low. Bitcoin Price Drops Nearly 30%The price of Bitcoin dropped by nearly 30% on Wednesday from the day’s ear...
ValueWalk
Following today’s news (8 February 2021) that Tesla has purchased $1.5bn worth of bitcoin and will become the first major carmaker to accept the cryptocurrency as a form of payment. Q4 2020 hedge fund letters, conferences and more Tesla Now Accepts Bitcoin As A Form Of PaymentDanyaal Rashid, Head of Thematic Research at GlobalData, offers his view: “This is a massive move by Tesla. By accepting bitcoin as a form of payment, Tesla is unleashing the first major consumer experiment in not just bitcoin but cryptocurrency as whole. Tesla, being the fifth largest company in the world by market cap, ...
ValueWalk
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