Joined: 09.04.2021   
Liezel Constantino             
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Tesla CEO Elon Musk announced late Tuesday that it is now possible to buy Tesla vehicles in the U.S. with bitcoin.

The automaker last month revealed that it had bought $1.5 billion worth of bitcoin and... that it would soon start accepting the world’s most popular cryptocurrency as a form of payment.

“You can now buy a Tesla with Bitcoin,” tweeted Musk, who was officially made the “Technoking of Tesla” this month.

A support page on Tesla’s website explains how customers can pay for a Tesla using digital currency. The company’s electric vehicles typically cost between $37,990 and $124,000 before tax.

People outside the U.S. will be able to buy a Tesla with bitcoin “later this year,” Musk said, without specifying which countries.

In order to accept the payment, Musk said Tesla is using “internal” and “open-source software.”

He added that Tesla “operates bitcoin nodes directly.” Nodes are computers on bitcoin’s network that work to verify transactions and avoid the cryptocurrency from being spent twice.

https://www.cnbc.com/2021/03/24/elon-musk-says-people-can-now-buy-a-tesla-with-bitcoin.html
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A cyber yuan stands to give Beijing power to track spending in real time, plus money that isn’t linked to the dollar-dominated global financial system

A thousand years ago, when money meant coins, Chin...a invented paper currency. Now the Chinese government is minting cash digitally, in a re-imagination of money that could shake a pillar of American power.

It might seem money is already virtual, as credit cards and payment apps such as Apple Pay in the U.S. and WeChat in China eliminate the need for bills or coins. But those are just ways to move money electronically. China is turning legal tender itself into computer code.

Cryptocurrencies such as bitcoin have foreshadowed a potential digital future for money, though they exist outside the traditional global financial system and aren’t legal tender like cash issued by governments.

China’s version of a digital currency is controlled by its central bank, which will issue the new electronic money. It is expected to give China’s government vast new tools to monitor both its economy and its people. By design, the digital yuan will negate one of bitcoin’s major draws: anonymity for the user.

...

https://www.wsj.com/articles/china-creates-its-own-digital-currency-a-first-for-major-economy-11617634118
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No signs of selling as miners hoard their earnings and institutions keep piling into the latest Bitcoin exposure products to hit the market.

Bitcoin is looking shaky at the start of a new week as $60,0...00 remains out of reach — could anything change in the coming days?

After an average weekend that failed to deliver the breakout that many had hoped for, Bitcoin (BTC) is clinging to the mid-$50,000 range.

Cointelegraph takes a look at five factors that can help shape future price performance.

Coinbase IPO a beacon in flat macro sea
Stock markets were unimpressive on April 5, with many Asian markets closed for public holidays and United States futures seeing little movement.

Following the Suez Canal debacle, oil was the only commodity with noticeable energy as a decision from OPEC+ countries to increase supply put pressure on prices.

With a lack of momentum available, Bitcoin, therefore, had little to sustain any macro-influenced price run, and $60,000 resistance remained in place at the time of writing.

One major event that crypto analysts are eagerly waiting for, however, is Coinbase’s initial public offering, set for April 14.

As Cointelegraph reported, the event is a milestone for the industry but could be accompanied by selling on launch day — a practice seen with other IPOs both old and new.

Elsewhere, U.S. bond yield rises remained a worry this week, with their upward trajectory coinciding with a lack of progress for safe havens more widely.

“The repricing of inflation risk and U.S. rates, which will impact discount rates of future earnings and the way stocks are being valued is a source of uncertainty,” Johanna Chua, chief economist for Citigroup Global Markets, told Bloomberg.

https://cointelegraph.com/news/the-big-60k-hodl-is-on-5-things-to-watch-in-bitcoin-this-week
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“The charts.” I pointed along the craggy, upward graphs as we flipped through each cryptocurrency. “They look like wavetables that I’d use in my synthesizers.” This immediately felt like cosmic foreshadowing [......]“Maybe I could make that my first NFT?”

ill-esha tells us her journey about how her art and crypto world connect in a unique cosmic ride.

Follow ill-esha below for the full story:

https://medium.com/staxe/cryptowaves-pt-1-cfec3a814eda
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