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Bitcoin gets Tesla boost; Anil Singhvi says Elon Musk investment to increase acceptance of cryptocurrency

One asset class is increasingly in the news these days. This asset class is Bitcoin cryptocurrency and it is creating history. On Monday, Bitcoin price shot up over USD 43,000, which is unprecedented. Now, it has been revealed that Bitcoin will become legal tender for Tesla company, which is also …

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A Tesla for a bitcoin: Elon Musk drives up cryptocurrency price with $1.5 billion purchase

Bitcoin took another large stride toward mainstream acceptance on Monday after billionaire Elon Musk`s electric vehicle company Tesla Inc revealed it had bought $1.5 billion of the cryptocurrency and would soon accept it as a form of payment for cars, sending the cryptocurrency shooting higher. The announcements, buried deep in …

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