Elon-musk-diginews
Business

Elon Musk warns against investing in cryptocurrencies, saying, “Don’t gamble your life savings; invest with caution”

Elon Musk, the CEO of Tesla and a long-time supporter of cryptocurrencies, has issued a warning to investors hoping to profit from the recent surge in the prices of Bitcoin, Ethereum, Dogecoin, and other cryptocurrencies. Elon Musk, the CEO of Tesla and a long-time supporter of cryptocurrencies, has issued a warning to investors hoping to

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tiger-global-bitcoin
Business

Tiger Global invests $500 million in CoinSwitch Kuber, a cryptocurrency network

At a time when Coinbase went public in the United States for an eye-popping $100 billion valuation, the crypto network was valued at $500 million. CoinSwitch Kuber, which uses an app to support retail investors invest in cryptocurrencies, announced on April 22 that it had raised $25 million in a Series B funding round from

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bitcoin_cryptocurrencies
Business

As the US passes the $1.9 trillion Covid-19 bundle, Bitcoin cryptocurrency hits the $57,000 level

The increase comes despite the fact that a key indicator of consumer prices in the United States increased less than anticipated in February, implying that wider inflationary pressures remain unchanged. After the US House of Representatives passed a covid-19 stimulus package worth $1.9 trillion on Thursday, bitcoin prices reached $57,000 for the first time in

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meitu
Business

App for beautifying pictures in China Meitu Purchased $40 Million in Cryptocurrency

Meitu, a Chinese app developer, has entered the ranks of cryptocurrency investors, following in the footsteps of Tesla. Meitu’s eponymous flagship app became a verb in China for “photo beautifying” in the early 2010s, indicating its supremacy in the portrait touch-up space. However, when smartphones began to provide built-in filters, photo editors like Meitu have

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