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Thursday

13 May 2021

Bitcoin’s grim close, Tesla’s crypto sell-offs, Ether’s jaw-dropping surge: Hodler’s Digest, April 25–May 1

Bitcoin’s grim close, Tesla’s crypto sell-offs, Ether’s jaw-dropping surge: Hodler’s Digest, April 25–May 1


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Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week.

MicroStrategy CEO Michael Saylor said: “We will continue to acquire and hold additional Bitcoin as we seek to create additional value for shareholders.”.

The electric vehicle manufacturer announced that it had snapped up Bitcoin worth $1.5 billion in February, and this sale amounts to about 10% of its crypto stash.

Musk rejected these claims and said that he hasn’t sold any of his Bitcoin.

will now be able to buy digital assets using debit cards and bank accounts linked to their PayPal profiles — giving them a greater choice of digital assets than PayPal alone provides.

Meanwhile, rival exchange Gemini announced that it is teaming up with Mastercard to release a credit card that will allow crypto holders to spend digital assets andreceive cash-back rewards in the form of Bitcoin.

A leading crypto donations platform has launched a new initiative that’s designed to help the digital assets sector become the most charitable in the world.

As well as raising money for “amazing causes in critical need of support,” the organization’s co-founder also says that this could erase crypto tax burdens for donors — and “put to bed this idea that crypto is bad.”.

Despite ETH strengthening further against BTC this week,Shark Tankstar Kevin O’Leary still believes that Bitcoin will remain top of the crypto rankings.

TheShark Tankstar said he had owned crypto since 2017, announcing last month that he would be allocating 3% of his portfolio into Bitcoin. .

However, he has previously referred to digital assets as “crypto crap” and Bitcoin as “not a real currency.”.

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cointelegraph.com
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