Elon Musk detonates Bitcoin by Investing.com

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Elon Musk’s Tweets

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Investing.com – The American billionaire and the second richest man in the world made a major decision regarding the largest cryptocurrency.

The decision made by the founder of the American auto giant came on his official Twitter page.

Elon Musk tweeted, “You can now buy a Tesla with Bitcoin.”

Elon Musk added that “Bitcoin payments outside the US will be made possible later this year.”

The founder of the American auto giant added, “Tesla (NASDAQ 🙂 will use internal programs to receive payments via Bitcoin directly.”

And in a following tweet, Elon Musk said: “The Bitcoin paid to Tesla will be kept as Bitcoin, and will not be converted into fiat currency.”

In early February, the electric car maker “Tesla” said in an annual disclosure that it had invested about $ 1.5 billion in the digital currency Bitcoin.

At the time, Tesla blew a huge surprise by announcing that it had invested about $ 1.5 billion in Bitcoin and said it was expected to start accepting payments for its cars and other products in the near future.

A few days ago, Morgan Stanley (NYSE :), one of the largest American banks, decided to be the first bank in the United States to allow its customers to deal with bitcoin.

The investment bank told its financial advisors that the bank would launch access to three equity funds.

Two of the offered funds are from Galaxy Digital, the crypto company founded by Mike Novogratz, while the third is a joint fund between asset manager FS Investments and Bitcoin NYDIG.

And recently the Brazilian Stock Exchange (B3) approved the first ETFs in Latin America to lead a new market achievement.

The Brazilian Securities and Exchange Commission (CVM) approved two exchange-traded funds for cryptocurrencies.

One is 100% Bitcoin and the other is five cryptocurrencies, plus Bitcoin (BTC).

The Canadian Stock Exchange approved its first Bitcoin ETF in February of 2021.

Bitcoin is trading during those moments at levels of 56.6 thousand dollars, while it was trading earlier this morning at levels of 53.8 thousand dollars, to rise by about 2.8 thousand dollars after the announcement of the mask.

Bitcoin’s market value increased to levels of $ 1.06 trillion, after it had fallen to levels of $ 1.02 trillion.

The article does not express a recommendation or a nomination, but rather a monitoring of market fluctuations, as trading in digital currencies involves high risks, including the risk of losing some or all of the investment amount, noting that they are not completely subject to financial authorities and markets.

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