$102,614.00
-1.46%$2,482.80
-1.03%$2.53
6.87%$662.33
1.78%$172.97
0.39%$0.999903
-0.01%$0.229846
-0.90%$0.81795
1.15%$0.273007
2.92%$2,481.04
-1.06%$102,582.00
-1.46%$3.94
-2.17%$16.70
-2.03%$24.79
-0.09%$2,976.27
-1.30%$0.314721
2.52%$0.0000157
-1.61%$0.214027
3.97%$3.34
-0.73%$1.17
-0.30%$24.65
-2.00%$410.08
0.11%$8.57
2.67%$102.64
2.50%$5.09
-0.35%$0.999797
-0.02%$2,484.25
-1.05%$336.53
0.89%$2,647.87
-1.04%$0.00001358
-0.57%$4.75
-2.35%$0.99989
-0.04%$1.001
0.02%$102,580.00
-1.46%$30.18
0.25%$6.87
-0.74%$459.47
1.64%$3.17
1.11%$5.85
-0.85%$219.95
-0.13%$54.48
-0.86%$1.024
-1.41%$5.75
-0.37%$0.115179
-1.36%$19.77
-0.67%$1.00
0.00%$0.100216
1.67%$34.47
0.76%$0.803122
0.57%$21.77
-0.34%$0.03099381
-0.77%$5.15
-1.15%$1.051
0.02%$12.78
-7.34%$5.29
-0.20%$0.255923
-0.01%$0.386079
-4.43%$0.83009
-2.61%$1.005
0.52%$1.17
0.05%$3.13
-0.49%$0.240975
-0.09%$102,320.00
-1.57%$0.430304
-4.24%$3.18
-0.37%$4.36
-0.01%$0.585682
0.98%$0.00002318
5.32%$1.24
-2.29%$0.553683
-0.80%$4.55
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0.24%$2,485.22
-0.87%$0.980737
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0.89%$97.90
-1.23%$181.67
0.34%$2,583.43
-1.06%$0.822336
-4.95%$1.36
4.75%$13.71
3.28%$0.875451
-3.69%$0.25956
0.56%$0.715095
-0.75%$0.01985499
0.77%$4.77
3.09%$1.97
1.91%$1.26
-0.69%$0.07473
0.48%$2,816.93
-1.21%$1.14
27.38%$0.118199
-0.21%$0.999821
0.05%$0.0001124
8.47%$102,447.00
-1.28%$0.751632
-3.00%$1.008
1.38%$0.02052558
7.18%$0.02225539
0.50%$1.073
-2.39%$662.47
1.84%$223.61
0.51%$2,643.50
-1.00%$0.999768
0.09%$0.360472
0.70%$191.48
0.49%$3.01
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0.00%$0.85555
-0.13%$0.01346245
-5.39%$102,571.00
-1.41%$0.647428
-2.66%$0.00000081
-1.09%$40.29
-2.87%$3,237.86
-1.39%$103,011.00
-2.61%$2,599.57
-1.39%$0.241465
-2.71%$1.00
-0.02%$101,913.00
-0.70%$2.40
-1.17%$0.077576
-7.08%$3,244.08
-1.52%$22.87
-2.49%$13.26
-5.48%$0.129178
4.26%$0.731815
1.36%$0.770174
-1.03%$0.453309
-0.34%$3.90
-1.77%$0.679813
1.52%$43.63
-3.93%$0.368787
0.45%$2,590.82
-1.17%$1.95
12.58%$0.186413
-0.21%$2.05
-0.47%$0.997564
-0.06%$2.17
-0.72%$0.998645
-0.03%$3.76
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0.17%$0.229893
-0.57%$0.500286
1.29%$0.709929
-3.18%$0.00998548
-1.28%$0.578835
12.45%$0.178903
-1.07%$19.61
0.64%$0.711776
0.56%$0.219683
0.61%$111.03
0.02%$2,481.83
-0.97%$0.672767
1.37%$0.00585446
-5.51%$2,482.37
-0.96%$8.04
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-0.82%$102,575.00
-1.33%$7.33
3.92%$0.472355
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0.75%$2,532.79
-1.24%$0.098647
0.75%$0.999902
-0.01%$0.00002498
0.51%$0.999108
0.07%$0.196221
-2.64%$102,322.00
-1.21%$0.103986
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2.40%$0.00885673
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0.89%$0.999902
-0.00%$0.705617
1.45%$2,483.83
-0.97%$100,113.00
-1.24%$0.00000044
3.06%$1.58
-2.50%$1.76
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-1.19%$47.02
-1.84%$1.59
-1.17%$1.73
1.29%$0.255877
-0.05%$0.00000106
-7.23%$0.155669
-3.89%$1.087
-0.01%$0.04469976
16.55%$1.002
0.14%$0.421072
-2.81%$1.33
-3.51%$102,212.00
-1.59%$0.414651
-0.68%$0.387182
-7.06%$0.00560478
-4.20%$0.193114
-3.58%$0.01992348
2.72%$0.03863854
3.26%$0.84572
-0.92%$0.346249
0.74%$0.378068
7.31%$0.999289
0.14%$34.20
0.61%$0.999978
-0.01%$0.00006847
-1.19%$0.00443078
-1.20%$0.00372151
0.59%$22.52
20.15%$0.878305
-1.46%$0.00084902
20.88%$2,627.94
-1.13%$0.287752
-1.43%$136.57
-0.67%$21.52
0.23%$0.00000172
10.52%$0.00386451
9.85%$2,728.98
-0.99%$1.00
0.02%$24.80
-0.15%$2.99
-0.34%$2,705.21
-0.99%$0.729195
-1.72%$3.94
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1.72%$0.234391
0.15%$24.67
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0.16%$0.999869
0.03%$0.999845
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-1.06%$1.099
0.00%$2,677.00
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0.06%$0.00294469
0.67%$2,482.15
-1.07%$0.59486
0.92%$0.00398383
7.95%$0.869843
-0.29%$0.291475
1.20%$0.124509
3.07%$1.044
-0.69%$0.00
-1.89%$0.703873
-2.36%Reading
When Elon talks Bitcoin, the market listens. It was no different early in European business hours as the Tesla CEO announced that the company would accept Bitcoin as a form of payment for one of its cars.
While that would be enough for the markets to take a tick upwards - see the Elon effect - the chief executive also announced that the company will keep the money it receives in crypto as crypto. Then things went nuts. Global market cap had been hovering around $1.6-trillion and suddenly shot up into the $1.7 trillion range.
Tesla CEO Elon Musk announced today on Twitter, that the EV manufacturer has begun accepting payment for its range of electric cars in Bitcoin. A Bitcoin payment button has appeared on the Tesla website. Notably, the Tesla chief executive added that it will hold any Bitcoin paid to the company rather than converting it to fiat currency; it will be added to the cryptocurrency reserves the carmaker already holds. Earlier this year, Tesla bought $1.5 billion in Bitcoin. In its February SEC filing,...
Within minutes of the announcement, Bitcoin’s price headed north. It had been trading sideways at around $54,000 overnight, but began climbing aggressively and now sits comfortably in the $56,000 and looks like it will continue into the $57,000s.
The news rippled across the broader markets, lifting Ethereum by 1.3% and Binance by 1.24%. In fact, almost all major cryptocurrencies benefitted from the Elon Musk effect, by the looks of the price charts.
The only projects that didn’t feel Musk’s warm embrace was Ripple, as its price cools from earlier gains in the week and Uniswap, and its Eth-powered markets.
Theta Token meanwhile, continues its blistering hot streak, as it adds another 26% to its price. The streaming service has been riding a wave of popularity since Sony announced it was going to be a node on the network and is now being pulled along by the promise of a staking token sometime later this year.
A new token has seemingly boomed out of nowhere into the top 10 cryptocurrencies by market capitalization. Theta, which is up 17,000% in the past year, is now the ninth biggest crypto with a market cap of $13.2 billion, as per Messari data. The token (THETA) is the currency for the blockchain network, Theta Network. At the time of writing, Theta was worth $12.97—up 31% in the past 24 hours and nearly 81% in the past week, overtaking DeFigiant Chainlink and the popular peer-to-peer cash Litecoin...
Outside of the money markets, crypto has been making serious money moves. This morning, blockchain.com, a London-based firm that provides a variety of cryptocurrency services to retail and institutional clients raised $300 million to give the company a $5.2 billion valuation. That makes it the third-largest raise in crypto's relatively short history, with only Bitmain ($400 million) and BlockFi ($350 million) raising more.
Stateside meanwhile, crypto exchange FTX announced it had signed a 19-year deal to become the sponsor of the Miami Heat arena, the first crypto sponsorship of a major professional sports venue in the US.
Crypto exchange @FTX_Official has become the official sponsor of the Miami Heat arena in a $135M naming-rights deal, making them the first crypto exchange to sponsor a major professional sports venue in the US pic.twitter.com/bnT0tr132v
— Bloqport (@Bloqport) March 23, 2021
It's no wonder young investors are buying crypto for the thrill of it. That's according to the UK Financial Watchdog, the FCA.
“The research found that for many investors, emotions and feelings such as enjoying the thrill of investing, and social factors like the status that comes from a sense of ownership in the companies they invest in, were key reasons behind their decisions to invest,” the FCA said in a post on its findings.
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Coinbase CEO Brian Armstrong has revealed that the crypto exchange considered putting 80% of its balance sheet into Bitcoin—but decided against it over fears it could "kill the company." During a question-and-answer session with customers, executives were asked whether they missed an opportunity to start amassing BTC sooner, given the company had an eight-year headstart on software firm Strategy. We’re live with @brian_armstrong, @GregTusar, and Alesia Haas answering community questions followi...
BitGo has secured regulatory approval from Germany's Federal Financial Supervisory Authority, BaFin, enabling the U.S. crypto custody provider to expand its services across the European Union's member countries. The license positions BitGo as one of the first American digital asset firms to gain recognition under the EU's Markets in Crypto-Assets (MiCA) framework, a unified regulatory system, rolling out crypto custody services for its institutional clients across the bloc this year. BitGo has...
Publicly-listed Beat Holdings Ltd. said Thursday it will boost its investment in Bitcoin-related exchange-traded funds, becoming the latest Tokyo-listed firm to deepen exposure to digital assets amid renewed institutional interest in crypto. The company, which is listed on the Tokyo Stock Exchange’s Standard Market, disclosed Thursday that its board approved raising the cap on crypto-related investments from $6.8 million to $34 million. It has already purchased 131,230 units of BlackRock’s iSha...
