Bitcoin rebounds after its initial decline.
“What saddens me is the way the weak hands and recent buyers see Elon Musk as a prophet, powerhouse and decisive figure in bitcoin,” said one trader.
Will the man who forecast bitcoin's price rise to $50K last year be heeded or ignored?
Elon Musk is a person of considerable influence. Is it big enough to get bitcoin to go green?
CEO Michael Saylor continues policy of buying the crypto asset at set intervals.
Elon Musk's tweets aside, bitcoin remains vulnerable to rising odds of a Fed Reserve rate hike.
Musk's about-face on the leading cryptocurrency put to flight a market already in a nervous mood.
However, Tesla will not be selling any of its bitcoin anytime soon.
The DeFi-related assets have grown by double digits so far this year.
Since April, collateral locked in the digital-asset investing platform has more than doubled, outpacing industry growth.
Signs point to a new avenue of growth for crypto-backed lending.
Bitcoin's rise this week comes after a weekend where its price went as low as $47,272.
Elon Musk's electric vehicle company purchased $1.5 billion in BTC in February.
The Financial Conduct Authority is working with Binance to “understand the product,” according to the FT.
Binance may need a license to market security tokens to the Hong Kong public.