More Institutions Plan to Buy Crypto
Fidelity Survey: 74% of Institutions Plan to Purchase Crypto Fidelity has released a new institutional survey, finding that big finance has a rising appetite for investing in digital assets.
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After purchasing bitcoin at $250, Cathie Wood claims to have more than $7 million in bitcoin
According to the creator of Ark Invest, Cathie Wood, who purchased bitcoin when it was only worth $250, she now owns almost $7 million worth of the digital currency. On the recommendation of Reagan-era economist Arthur Laffer, Wood purchased $100,000 worth of bitcoin, she revealed to Peter McCormack last week on the What Bitcoin Did podcast.
Bitcoin's hashrate is constantly breaking records
The security of a blockchain is the most crucial component, making it harder to carry out a 51% attack within the Bitcoin network. 🔗 Link
Elon Musk, CEO of Tesla, says the downturn may go until the spring of 2024.
Elon Musk, the CEO of Tesla, posted on Twitter on Friday about his opinions on a possible world recession. Billy Markus, a co-creator of Dogecoin, sparked the discussion by tweeting, "Coronavirus numbers are actually rather low. I suppose the only things we need to be concerned about right now are the coming global recession and nuclear apocalypse. It really would be lovely to go a year without a terrible worldwide incident, said Musk. How long do you think the recession will persist, tweeted another Twitter user in response to Musk. "Just speculating, but probably till spring of '24," the Tesla CEO retorted.