Confidence in Bitcoin continues on the part of some investors. This is the case of a renowned Telsa investor, Ask Invest, who has a presence in the electric car company, and has emphasized his confidence in Bitcoin. It also predicts a good future for the market-leading cryptocurrency.
Telsa investor trusts Bitcoin
Ask Invest, a Telsa investor places his trust in Bitcoin. It considers Bitcoin as an asset with enough power and potential to be used in today’s economy, as well as being highly responsive.
During 2015, Telsa investor Ask Invest made plans with Bitcoin. At that time, he bought BTC from Grayscale for $ 230 a unit. This firm supported the emerging Elon Musk company with its renowned and massive $ 7,000 price target on the shares.
The investor trusts Bitcoin a lot, however highlights his concern about the regulatory framework that governments can impose on Bitcoin.
With Kirobo you can delete a BTC transaction
Kirobo, an Israeli blockchain startup announced that they had found a way to address issues related to human error in cryptocurrency transactions.
The goal of his invention, according to Kirobo CEO Asaf Naim, is to make blockchain transactions as easy and secure as online banking.
Retrievable Transfer is the first product launched by Kirobo, which seeks to add a logical layer in blockchains that protects users from human errors.
BTC mining company recorded losses before its Nasdaq debut
Ebang, the large Chinese manufacturer of Bitcoin (BTC) mining equipment which started trading on the world Nasdaq market, saw its stock stumble 8% below its listing.
However, before debuting on Nasdaq, the company would have suffered losses of more than $ 2 million in the first quarter of the year. To make matters worse, there are now court cases against him. These are lawsuits that have brought the manufacturer to court.
The company works with the intention of playing a unique role in the industry by building a global blockchain and a digital economy industrial ecosystem.
Jeff Bezos is worth more than all Bitcoins in circulation
Jeff Bezos is worth more than all the Bitcoins in circulation, but he probably couldn’t buy it all by himself.
Online shopping giant CEO Jeff Bezos recently tapped record levels of wealth, holding more personal wealth than all the speculative capital currently invested in cryptocurrency’s biggest asset: Bitcoin (BTC).
“Amazon shares rose 4.4% to a record $ 2,878.70 on Wednesday, increasing the founder’s world leading fortune to $ 171.6 billion,” Bloomberg said in a July 1 article.
That exceeds its previous high of $ 167.7 billion, set on September 4, 2018, according to the Bloomberg Billionaires Index.“
In a few lines…
- More than 2,500 Austrian merchants can now accept cryptocurrencies as a payment method.
- Authorities across Europe eliminate an organized crime union that uses an encrypted chat network to coordinate its illicit activities.
- A Chinese economist says signs show that 2020 is an important year for integrating blockchain across all industries.