Crypto Research
1,732 Results
As we noted last week, Tesla recently announced it had added $1.5 billion of Bitcoin to its balance sheet. The announcement came less than two weeks after Elon Musk added Bitcoin to his Twitter bio, an act that caused a huge buzz amongst crypto enthusiasts. Tesla’s Bitcoin purchase adds to the growing list of public companies that are buying and holding Bitcoin in their treasuries. Source: https://bitcointreasuries. org/ Excluding Tesla,...
Gemini dollar (GUSD) has broken the $100 million marketcap and has been added to the daily tracking chart above. _CRYPTO FEAR & GREED INDEX_ The Fear & Greed Index for bitcoin and other large cryptocurrencies jumped 12 points over night reaching 95, a repeat of its highest level ever and a level not posted since January 6th, on news that Tesla had bought $1.5 billion in bitcoin. The index rose 19...
Tesla news sent Bitcoin and crypto soaring this morning. We see this as an important moment for market validation but are not surprised by the move. In our 2021 CRYPTO OUTLOOK report we saw corporate crypto buyers as a key catalyst for demand (slide 19: factor #16) and reason for raising our price target on Bitcoin from $40k to $100k. We’re reiterating our bullish view on crypto. ● TESLA $1.5...
