Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
Tesla’s bitcoin purchase
Breaking: Tesla Buys $1.5 Million Worth Of Bitcoin
Less than a week after Elon Musk pumped bitcoin's price via a Twitter bio update, fresh reports revealed that Tesla has purchased a whopping $1.5 billion worth of bitcoin. According to an official SEC filing published today, the Elon Musk-led company stated that it had acquired the digital currency after updating its investment policy to provide it with "more flexibility to diversify further and maximize returns." Tesla also added that it has the option of allocating some of its funds…
4 years ago