Bitcoin took another large stride toward mainstream acceptance on Monday after billionaire Elon Musk’s electric vehicle company Tesla Inc revealed it had bought $1.5 billion (S$2 billion) of the cryptocurrency and would soon accept it as a form of payment for cars, sending the cryptocurrency shooting higher. The announcements, buried deep in Tesla’s 2020 annual report, drove a roughly 20.
Bitcoin took another large stride toward mainstream acceptance on Monday after billionaire Elon Musk s electric vehicle company Tesla Inc revealed it had bought $1.5 billion of the cryptocurrency and would soon accept it as a form of payment for cars, sending the cryptocurrency shooting higher.
Bitcoin took another large stride toward mainstream acceptance after billionaire Elon Musk’s electric vehicle company Tesla revealed it had bought $1.5 billion of the cryptocurrency and would soon accept it as a form of payment for cars, sending the cryptocurrency shooting higher.
GameStop frenzy leaves mess for Wall Street regulators
Tory Newmyer and David J. Lynch, The Washington Post
Feb. 3, 2021
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Long before an army of small investors buying shares of GameStop shocked Wall Street, regulators saw the need for a clearer, real-time view of the trillions of dollars that sloshed through the markets each day.
In May 2010, a trader in London using an algorithm to manipulate a futures market helped trigger a chain reaction that wiped 9% off the Dow Jones industrial average in minutes. The market quickly recovered. But that flash crash underscored regulators urgent need for a tool that would allow them to pinpoint who was buying and selling what securities down to the millisecond, equipping them to monitor a business already transformed by the explosion of computerized trading.