Prominent technology analyst Dan Ives estimates that Telsa’s investment in bitcoin has minted a digital paper profit of about $1 billion, as the price of the asset soars to records.
Bitcoin is carving out fresh history on Friday, and generating a ton of buzz on Wall Street and Main Street as the world’s No. 1 cryptocurrency staged an epic rally that took it well above $1 trillion in market value.
Nvidia Corp. on Thursday introducing a specialized product for mining cryptocurrency while throttling mining capabilities in their gaming cards, an attempt to avoid a replay of difficulties caused by demand from crypto miners in recent years.
Parts of the cryptocurrency market are all abuzz about a large owner of dogecoin, following a spectacular surge in prices of the joke currency. Is Robinhood Markets the owner or is it Elon Musk?
Cathie Wood, the chief executive of ARK Invest and manager of the popular ARK Innovation exchange-traded fund, says that a single bitcoin could be valued at $200,000 more than its current price if more corporations add the cryptocurrency to their balance sheets.
Cathie Wood, the chief executive of ARK Invest and manager of the popular ARK Innovation exchange-traded fund, says that a single bitcoin could be valued at $200,000 more than its current price if more corporations add the cryptocurrency to their balance sheets.
The Department of Justice unveiled indictments against three alleged North Korean hackers Wednesday who are accused of using malicious software to gain access to cryptocurrency wallets and executing unauthorized transfer of roughly $112 million in crypto wealth, among other crimes.