Search Results for: Tesla

Bitcoin and Tesla Prices Plunge as FED Hints QE Scale Back to Avoid Asset Bubbles

Analyst narratives on why Tesla and Bitcoin crashed yesterday are many and varied, but a look at the Federal Reserve’s minutes from its December meeting could give an indication as the United States central bank officials continue hinting at scaling back QE to avoid wild asset bubbles. While the Federal Reserve hasn’t directly mentioned Tesla … Continue reading Bitcoin and Tesla Prices Plunge as FED Hints QE Scale Back to Avoid Asset Bubbles

Deutsche Bank Survey Places Bitcoin, Tesla, and US Tech Stocks as The Biggest Market Bubbles

Many investors seem to think that the current financial market is caught in bubble territory, with Bitcoin, Tesla, and tech stocks leading the pack. According to a Deutsche Bank survey, 89% of investors think that Bitcoin and US tech stocks are the leading market bubbles as of now. The survey indicated that on a scale … Continue reading Deutsche Bank Survey Places Bitcoin, Tesla, and US Tech Stocks as The Biggest Market Bubbles

Tesla Bull and ARK Invest CEO Cathie Wood Thinks more Tech Companies Will Eventually Buy Bitcoin

As Bitcoin has gained recognition among Wall Street veterans and Silicon Valley with its surge to new all-time highs in recent months, many renowned investors have increasingly turned to view the digital asset as the ideal hedge against inflation. Recently, Bitcoin doubled its old all-time high of $20,000 set in 2017, by soaring to hit … Continue reading Tesla Bull and ARK Invest CEO Cathie Wood Thinks more Tech Companies Will Eventually Buy Bitcoin

Tesla Inc Purchases $1.5 Billion in Bitcoin and Plans to Begin Accepting BTC Payments

On Monday, February 8, Tesla Inc. announced that it has purchased $1.5 billion worth of Bitcoin. In a filing with the US Securities and Exchange Commission (SEC), the electric vehicle company stated that it purchased the Bitcoin for “more flexibility to further diversify and maximize returns” to enable it to invest in cash reserve in … Continue reading Tesla Inc Purchases $1.5 Billion in Bitcoin and Plans to Begin Accepting BTC Payments

MicroStrategy CEO says Tesla has De-Risked BTC Acquisition for Public Companies

Bitcoin (BTC) advocate and the Chief Executive Officer of MicroStrategy Incorporated, Michael Saylor is thrilled that Elon Musk and Tesla finally took the big bet to put Bitcoin on the latter’s balance sheet and he believes other public companies will surely follow and ramp up BTC acquisition.  As reported by Blockchain.News, Tesla revealed it had … Continue reading MicroStrategy CEO says Tesla has De-Risked BTC Acquisition for Public Companies

Bitcoin’s Market Capitalization Bigger Than Tesla and Ford Combined

The recent bull run of Bitcoin (BTC), the first digital cryptocurrency has created awe that has stretched far beyond the crypto space. Many people, particularly those who have no Bitcoin holdings are beginning to pick interest in the asset, particularly through the attention the mainstream media is showering on BTC. Without paying much attention to … Continue reading Bitcoin’s Market Capitalization Bigger Than Tesla and Ford Combined

Tesla’s Bitcoin Investment is Revolutionary for Crypto but Other Firms May Not Do The Same Just Yet – JPMorgan

Tesla, the latest institutional giant to make a Bitcoin purchase, has rekindled a positive sentiment within the crypto market and sent BTC to a new all-time high of over $40K with its $1.5 billion endorsement. With billionaire Elon Musk’s Tesla joining other institutions such as MicroStrategy and Square in adding Bitcoin to its treasury reserve, … Continue reading Tesla’s Bitcoin Investment is Revolutionary for Crypto but Other Firms May Not Do The Same Just Yet – JPMorgan

Tesla Has Cashed in $1 Billion from its Bitcoin Investment, says Analyst

Daniel Ives, an analyst at Wedbush Securities, has disclosed that Tesla is smiling all the way to the bank after cashing in approximately $1 billion in profits from its Bitcoin (BTC) investment.  Tesla is going to make more Bitcoin profits Earlier this month, the American electric carmaker revealed a purchase of Bitcoin worth $1.5 billion, … Continue reading Tesla Has Cashed in $1 Billion from its Bitcoin Investment, says Analyst

Tesla Shares Plummet as Bitcoin Sinks to $50,000

Tesla shares have plummeted, following a massive sell-off wave that overtook tech stocks and the cryptocurrency market. Tesla is now trading in the red zone, down by around 3.8%. Despite experiencing a solid bull run which pushed its price to the $900 mark at the end of January, Tesla has now entered into bearish territory. … Continue reading Tesla Shares Plummet as Bitcoin Sinks to $50,000

Tesla Stock is Down 28% Since Buying Bitcoin

The shares of the electric automaker, Tesla Inc are nosediving since the Wall Street giant placed its bet on Bitcoin (BTC) earlier in February 2021. For a stock market that responds to impulsive news, investors at first appear bullish on the news, pushing the company’s stock to new highs, in what seems the move was … Continue reading Tesla Stock is Down 28% Since Buying Bitcoin

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