According to an official document, El Salvador’s Court of Accounts, controlling the country’s public resources, will look into a complaint regarding the government’s Bitcoin purchases and the building of cryptocurrency ATM kiosks. El Salvador became the first governing country in the world to recognize Bitcoin as legal money earlier this month, a move championed by […]
Wall Street exhibited a huge surge on Monday. The Nasdaq rallied and crossed the all-time high. The reason was FDA’s full approval to the Pfizer vaccine. All major stock indexes of the U.S., including the S&P 500 were seen showing sharp highs while closing. However, S&P 500 couldn’t mark a record-high at the close. The […]
Despite having some concerns about digital assets, Tesla hasn’t sold any additional Bitcoin. According to Elon Musk’s electric car company’s Q2 financial presentation on Monday, there were no new sales or purchases of digital assets. Bitcoin is worth $1.3 billion to the firm. In February, Tesla revealed that it had acquired $1.5 billion in Bitcoin. […]
The initial public offering by Lyft Inc has been oversubscribed according to the commitments made until now by investors. This will probably help the popular ride-hailing startup fetch more than the $23 billion valuations it is looking for according to experts in the industry. This development is proof that investors are ready to ignore the […]
