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Elon Musk’s dizzying ascent in 2020 hit a new peak this week as he’s about to become the head of an S&P 500 Index company. That’s just days after surging to the second-richest person on the planet with a US$139bil (RM566.08bil) fortune.
Polish gaming studio CD Projekt SA jumped after reassuring investors that a patch for its bug-ridden Cyberpunk 2077 would hit the market this month.
SAN FRANCISCO (Reuters) - Billionaire Elon Musk said on Monday bitcoin was "on the verge" of being more widely accepted among investors as he expressed his support for the cryptocurrency in a chat on social media app Clubhouse that drew thousands of listeners.
LONDON (Reuters) - Bitcoin was fast approaching the $50,000 mark on Tuesday as the afterglow of Elon Musk-led Tesla's investment in the cryptocurrency had investors reckoning it may become a mainstream asset class for both corporations and money managers.
Bitcoin surge, coming close to a market value of US$1tril (RM4.05tril), outperformed traditional assets like stocks, gold, commodities and bonds in 2021.
(Reuters) - Bitcoin's volatility is its main attraction as that is what gives the cryptocurrency its exponential rises, ex-Goldman Sachs bitcoin enthusiast Raoul Pal said.
LONDON (Reuters) - Bitcoin fell to a three-week low on Tuesday amid signs of institutional investor caution, while the head of the U.S. Internal Revenue Service called for lawmakers to provide authority for tighter reporting rules on crypto transfers.
SYDNEY (Reuters) - A tweet by Kim Kardashian promoting Afterpay as a way to buy her beauty products may have proved pivotal for the Australian buy now, pay later pioneer, whose founders have since joined the reality TV superstar as billionaires.
(Reuters) - Blockchain firm Blockstream Mining said on Thursday it would partner with Australian financial conglomerate Macquarie Group to develop bitcoin mining facilities that use renewable energy.
(Reuters) -Shares of the blank-check acquisition company that plans to publicly list former U.S. President Donald Trump's new social media company soared again on Friday but trading was halted multiple times due to volatility, with small-time investors talking up the stock on social media.