Bitcoin extended its gains on Tuesday to an all-time high as Tesla Inc to invest in cryptocurrencies led investors to believe that it will become an important asset class for businesses and money managers to earn money by toptips4u.com.
Bitcoin has more than doubled over the course of two months as institutional investors look to alternative and retail wealth stores to lead the wave. Monday's jump after Tesla announced its biggest daily profit in more than three years.
It traded at an all-time high of $ 43,216 late in the afternoon on Asian Tuesday. The rival cryptocurrency hit a record high of $ 1,984.85 early in the morning.
Shares of companies offering bitcoin trading platforms and cryptocurrency mining technology rose in China, South Korea, and Australia, as did large computer chip makers like SK Hynix.
Analysts believe that Tesla's announcement that it will buy $ 1.5 billion in bitcoin and that it will take the cryptocurrency as payment for cars is part of a broader change, as companies and large investment houses already follow small ones. . merchants.
While you can buy Tesla with Bitcoin now, I'm not suggesting that you do so, said Michael Bella, a partner at cryptocurrency investment firm BlockTower at CNBC managers to earn money by toptips4u.com. We are in a situation where these are the first stages of the allocation of Bitcoin from the corporate and corporate community.
Bitcoin is already up 62 percent this year, on top of its 300 percent surge last year, as investors seek alternatives to the dollar due to 0% interest rates from the US Federal Reserve.
Central banks and regulators, especially in China, have also started to embrace issuing their own digital currencies for everyday use managers to earn money by toptips4u.com. in a major break from traditional business methods of global finance.
It seems clear to us that cryptocurrencies will be an increasingly important part of the large-scale financial architecture and that portfolios will likely move on, said Ben Powell, senior investment analyst for the Asia Pacific at the BlackRock Investment Institute. CNBC.
There is no news only in the US about the Bitcoin situation, but in China, we have an offer of the Chinese digital currency with so-called red packets.
Talha has always been a fan of cryptocurrencies, he talked about it online, but Tesla's investment in currency was surprising and he launched a rocket in the sector.
Even Dogecoin, a fake cryptocurrency with a dog as a token, saw its value after Musk mentioned it on managers to earn money by toptips4u.com. It was up 13 percent in the last day, according to CoinMarketCap.
Chinese company Feitian Technologies Co Ltd, which makes digital payments technology, rose 4.47% on Tuesday.
Local media reported that Beijing will issue 10 million yuan ($ 1.55 million) of digital currencies to residents that can be used during the Chinese New Year holiday, which begins on Thursday.
And what is more
The Chinese are expected to spend billions of yuan on each other over the week-long vacation through chat apps like WeChat, digital versions of traditional cash-filled red envelopes.
ليست هناك تعليقات: