2021-05-17 12:26:19
CRYPTO Week Ahead/News
- As part of its economic recovery plan, Hungarian lawmakers are planning to give Bitcoin investors tax cuts.
- Software and data analytics company Palantir now accepts Bitcoin payments. There are also plans to add the leading cryptocurrency to its balance sheet.
- This week’s title of Bitcoin’s biggest critic goes to Nouriel Roubini. The American economist still believes that Bitcoin is a bubble.
- MoneyGram is strengthening its stake in the crypto industry, enables retail Bitcoin purchase.
- Hedge-fund legend Stanley Druckenmiller believes that Bitcoin is here to stay. As for Ethereum, he is not so confident about the future of the digital asset.
- The self-acclaimed founder of Bitcoin Craig Wright has launched a lawsuit against 16 Bitcoin developers. His mission is to retrieve $5.7 billion worth of Bitcoin.
- Tesla (NASDAQ:TSLA) sent the entire crypto market into panic mode when it announced that it was no longer accepting Bitcoin payments for its cars, citing energy consumption concerns.
- Rather than wait for the SEC to approve or reject its Bitcoin ETF application, Bitwise has gone ahead to launch a new crypto ETF that tracks the share of top publicly-listed companies that operate in the crypto and blockchain sectors.
- MicroStrategy threw another $15 million at Bitcoin over the past week.
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