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Tesla Has Had A Major Bull In Cathie Wood s Ark Now The Two Are At Odds Over Elon Musk s Bitcoin Stance

Search by keyword.googlecse Tesla Has Had A Major Bull In Cathie Wood s Ark. Now The Two Are At Odds Over Elon Musk s Bitcoin Stance Cathie Wood-headed ARK Invest’s Director of Research Brett Winton is calling  Bitcoin (BTC) a “novel economic institution” and said its potential outweighs its energy requirements a stance diametrically opposite taken by Tesla Inc (NASDAQ:TSLA) CEO Elon Musk. What Happened: Winton made his comments on Twitter Inc’s (NASDAQ:TWTR) social media platform Thursday in a string of posts. The Ark executive said that Bitcoin and other decentralized smart contracting platforms are “displacing a legacy financial ecosystem that is already misunderstood and significantly more opaque results in terrain fertile for large-scale misinterpretation.”

Meltem Demirors Depicts Coinbase IPO As Biggest Event Of 2021

Meltem Demirors Depicts Coinbase IPO As Biggest Event Of 2021 Last Updated: 15 April 2021 CoinShares’ Meltem Demirors has said that Bitcoin allows different investors to accumulate wealth. Bitcoin hit yet another record high on Tuesday, trading above $63,000. Demirors’ Take On Coinbase Listing According to the crypto strategist who spoke on CNBC’s Squawk Box, Bitcoin has created much wealth for people who weren’t part of the traditional financial system. Demirors, who said she got into Bitcoin when it was barely 150 per coin, made these comments one day before Coinbase’s Nasdaq debut. The CoinShares CSO said Coinbase’s public debut on Wednesday was a major milestone in the crypto world, making thousands of crypto lovers multimillionaires and billionaires. She noted that these crypto enthusiasts would probably take some of their listing proceeds and continue to invest in the crypto ecosystem.

HSBC Bans Customers From Buying MicroStrategy Shares

He stated that the change signifies the firm’s commitment to Bitcoin and its ability to serve as a store of value. HSBC Tough Stance On Crypto Amid Current Worldwide Embrace This move by HSBC comes after it blocked its customers from depositing from crypto wallets earlier this year, as published by The Times. Although the bank did not disclose which countries the ban applied to, its aggressive policy towards cryptocurrencies has been in place since 2018 and is kept under review. HSBC’s ban that limits clients from buying stocks from companies with crypto holdings comes when several companies are beginning to embrace cryptocurrencies.

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