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Bitcoin

Bitcoin eyes $58K as spot-driven BTC bounce makes rally ‘look sustainable’

Bitcoin (BTC) is riding high on the back of a “very low and healthy” indicator, according to one market analyst, which could propel it to

Invest

Analyst: Tesla is burning money again; this is not a viable business model

Tesla shares were reported over 2% down in after-hours trading on Monday, despite posting better-than-expected financial results for the first quarter. The stock also remained

Business

Luxembourg PM wants nation to be the ‘digital frontrunner’ in blockchain

One of the smallest countries in Europe is aiming to be comparatively progressive in its adoption of blockchain and cryptocurrencies, according to the nation’s leadership.

Invest

Tesla stock price prediction for May after Q1 revenue soared 74%

Shares of Tesla (NASDAQ: TSLA) have opened modestly lower today despite the EV company reporting better-than-expected profit and sales for Q1. Fundamental analysis: Record income

Cryptocurrencies

What’s holding crypto social networks back from greatness?

Another rainy Sunday night. You’re browsing on Facebook and Twitter — inundated with photos of your friend’s new baby, jokes that have been copied from

Bitcoin

Iran’s central bank says officially mined crypto can be used to pay for imports

Iran is continuing to explore the potential use of cryptocurrency as a tool for mitigating the devastating impact of economic sanctions imposed by the United

Invest

BP commences share repurchase as earnings beat expectations in Q1

British Petroleum plc (LON: BP) said on Tuesday that its earnings came in better than expected in the first quarter on the back of improved

Invest

HSBC says its revenue jumped more than 100% in the first quarter

HSBC Holdings plc (LON: HSBA) said on Tuesday that its net profit in the first quarter posted an over 100% growth on a year over

Cryptocurrencies

Indonesian regulators consider tax on cryptocurrency transactions

Indonesia’s Commodity Futures Trade Regulatory Agency (known as Bappebti) is considering levying a tax on all cryptocurrency transactions taking place on regulated exchanges within the

Business

Crypto tax in South Korea is ‘inevitable’ in 2022, says minister

Amid the growing opposition against the new cryptocurrency tax regime in South Korea, finance minister Hong Nam-ki confirmed that the government will start taxing capital gains