Month: January 2021

Millennials Invest in Bitcoin, while Older Investors Trust in Gold

Millennials Invest in Bitcoin, while Older Investors Trust in Gold

Older generations invest in gold, while millennials are flocking to bitcoin, according to a note from JPMorgan this week. “The two cohorts show divergence in their preference for ‘alternative’ currencies,” a team of analysts led by Nikolaos Panigirtzoglou wrote. Millennials prefer to invest in tech-related stocks, while the older investors are selling equities. As both age […]

Tesla Searching for Design Director to Develop Cars for China

Tesla Searching for Design Director to Develop Cars for China

Tesla is hunting for a design director in China to design electric cars for Chinese consumers in its Shanghai or Beijing based tudio. The automaker’s human resources managers are looking for “bi-cultural” candidates with 20 or more years of experience who can bridge the gaps between China and the United States through their knowledge of […]

Flow of Money from Fiat into Crypto is a Chain Reaction — Michael Saylor

Flow of Money from Fiat into Crypto is a Chain Reaction — Michael Saylor

Michael Saylor, co-founded and chairman of MicroStrategy, believes that the flow of fiat money into Bitcoin is neither a bubble nor a rally but a chain reaction. The well-known Bitcoin advocate Michael Saylor stated this on Twitter, in his usual bid to advocate for the adoption of Bitcoin. The CEO said that the flow of […]

Bitcoin Could Reach $100K This Year

Bitcoin Could Reach $100K This Year

Co-founder and CEO of Luno Marcus Swanepoel believes bitcoin could reach $100,000 this year based on the current trading dynamic. “Even the most bullish of bitcoin advocates could not have foreseen such a meteoric rise in price in such a short space of time,” the chief executive of Luno said. We cannot ignore the possibility […]

NFL Player Russell Okung Does Not Receive Salary in Bitcoin

NFL Player Russell Okung Does Not Receive Salary in Bitcoin

NFL spokesperson denied the information according to which Panthers’ Russell Okung was paid in bitcoin and the player finally fulfilled his desire to get paid in cryptocurrency. “That’s not quite true, the player are converting some of the money into bitcoin after he gets paid in US dollars, just like every other NFL player,” an […]

Hackers Withdraw Crypto Stolen in Exmo via Poloniex

Hackers Withdraw Crypto Stolen in Exmo via Poloniex

Hackers withdrew $4 million of crypto stolen in Exmo hack through the Poloniex crypto exchange, the exchange confirmed. Poloniex allowed hackers to withdraw $1 million in XRP and $2.8 million in ZEC. Exmo executives announced that $4 million of stolen assets cannot be recovered due criminals withdrawing the funds through Poloniex. On Dec. 21, Exmo […]