Loading the player... Bitcoin at new high of $53,263 after Elon Musk defends Tesla's investment Bitcoin got another leg-up on Friday after billionaire Elon Musk defended the investment by his electric vehicle company Tesla in the popular cryptocurrency. After Musk's tweet, where he called Bitcoin "simply a less dumb form of liquidity than cash", the digital currency raced to a new high of $53,263. WhatsApp to move ahead with privacy update despite backlash Facebook Inc's WhatsApp said on Thursday it will go ahead with its controversial privacy policy update but will allow users to read it at "their own pace" and will also display a banner providing additional information. In January, the messaging platform informed users it was preparing a new privacy policy, under which it could share limited user data with Facebook and its group firms.