In a see-saw battle at the top, Arnault ended the day at $191.9 billion, with $4.8 billion more than Bezos.
The current volatile cryptocurrency scenario strikes an extreme similarity with the events from 2017.
Influencers can sway markets in the short-term but knee-jerk price action won’t undermine fundamental activity: crypto market analyst.
Australian targets only keeping the “good mouse”, India battles Black Fungus epidemic on top of the Covid-19 pandemic, Tesla accused as the “Invisible Killer” in China – the top developing news stories from around the world this week.
The declaration comes somewhat more than a quarter of a year after Tesla initially reported it would start tolerating bitcoin as installment. So, after exciting it over so many months, why did the Tesla CEO take a U-turn?
A beta version of Tesla’s “Full Self Driving” software with Autopilot’s partially automated driver assist system is available for to limited customers.
From making Bitcoin an official payment method for Tesla to backing down just two days later, agitating millions who bet on Elon’s word.
Incurring non-substantial loss in every vehicle sale, Tesla is making money by selling regulatory credits and crypto investments.
Both Elon Musk and Jeff Bezos are fantastic pay masters. They run the best companies, hire the most talented employees and offer the handsomest salary packages.
The Cryptocurrencies are for the 2020s what the Internet was for the 2000s. With Bitcoin reaching an all-time high and companies finally accepting Bitcoins and Altcoins as payments, people are rushing in to invest in the earlier dreaded crypto assets.