Tesla Stops Accepting Bitcoin Payments, Ethereum Is Overvalued, eBay Enables NFT Trading On Its BTC Peer Platform – fr

Tesla Stops Accepting Bitcoin Payments, Ethereum Is Overvalued, eBay Enables NFT Trading On Its BTC Peer Platform – fr

© Reuters Weekly Roundup: Tesla Stops Accepting Bitcoin Payments, Ethereum Is Overvalued, eBay Enables NFT Trading On Its Platform

  • As part of its economic stimulus package, Hungarian lawmakers plan to grant tax cuts to Bitcoin investors.
  • Software and data analytics company Palantir now accepts Bitcoin payments. There are also plans to add the main 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 Strengthens Crypto Industry Stake, Enables Retail Bitcoin Purchase.
  • Hedge fund legend Stanley Druckenmiller believes Bitcoin is here to stay. As for him, he is not so confident about the future of the digital asset.
  • Self-acclaimed Bitcoin founder Craig Wright has launched a lawsuit against 16 Bitcoin developers. Its mission is to recover $ 5.7 billion worth of Bitcoin.
  • Tesla (NASDAQ 🙂 put the entire crypto market into panic mode by announcing that it no longer accepts Bitcoin payments for its cars, citing energy consumption issues.
  • Rather than wait for the SEC to approve or reject its Bitcoin ETF application, Bitwise has launched a new crypto ETF that tracks the share of major publicly traded companies that operate in the crypto and blockchain industries.
  • MicroStrategy threw an additional $ 15 million on Bitcoin over the past week.


  • Analysts like JPMorgan (NYSE 🙂 are not confident about Ethereum’s current price. They say the digital asset is expected to trade at around $ 1,000. Speaking of price, Ethereum broke the $ 4,000 mark for the first time. times in the past week Contrary to their predictions, billionaire Mark Cuban believes the price of Ethereum has the potential to “explode.”
  • Hackers exploited an Ethereum-based DeFi project, Rari Capital, for $ 11 million.
  • Thanks to the coin craze, Ethereum fees are on the rise again, with average network transaction fees reaching all-time highs.

Other news

  • Yield Optimization Platform & Protocol (YOP) launched the first all-in-one application to combine DeFi yield generation, market data, IDOs and NFTs into one easy-to-use platform.
  • A bill to recognize the legal status of cryptocurrencies has been passed by the Texas House of Representatives. Likewise, lawmakers in Nebraskan are also pushing for a bill that would allow banks to offer crypto services.
  • Starting in July, Wyoming will begin recognizing Decentralized Autonomous Organizations (DAOs) as limited liability companies.
  • Swiss multinational investment bank UBS has joined the ranks of financial institutions that offer crypto exposure to high net worth clients.
  • Thanks to an investment in Dogecoin, a managing director of Goldman Sachs (NYSE 🙂 can now live his Lambo dream. Aziz McMahon quit his job at the bank after making his fortune through a DOGE investment.
  • Fantom uses blockchain to rebuild the education system in Pakistan. The project also recorded 10 million transactions on its blockchain at record speed.
  • eBay (NASDAQ 🙂 became the first e-commerce giant to allow the sale of NFT on its platform.
  • Crypto.com has received an MFSA Class 3 license in Malta.
  • Epik Prime, a global leader in creating branded digital items for businesses, has closed its private funding round.
  • Sotheby’s raised nearly $ 13 million from its Banksy “Love is in the Air” art auction.
  • The US Department of Justice and the Internal Revenue Service (IRS) have started investigating Binance Holdings for money laundering and tax evasion issues.

Continue reading on BTC peers

Warning: Fusion Media reminds you that the data contained in this website is not necessarily real-time or accurate. All CFDs (stocks, indices, futures) and Forex prices are not provided by exchanges but rather by market makers, so prices may not be precise and may differ from the actual market price. , which means that the prices are indicative and not suitable for negotiation purposes. Therefore, Fusion Media assumes no responsibility for any business losses that you may incur as a result of the use of this data.Fusion Media or anyone involved with Fusion Media will not accept any responsibility for loss or damage resulting from reliance on any information, including data, quotes, graphics and buy / sell signals contained in this website. Be fully informed of the risks and costs associated with trading in the financial markets, it is one of the riskiest forms of investing possible.


Please enter your comment!
Please enter your name here