Posted inBusiness trends

Musk’s bitcoin U-turn could crash crypto’s bull run

Tesla’s relationship with cryptocurrencies has been a stop-start rollercoaster. In February, the electric vehicle manufacturer announced it had purchased US$1.5 billion of bitcoin and planned to accept the cryptocurrency in future as a means of payment from its customers.  The price of the largest cryptocurrency surged that day from just over $39,000 to $46,000, on its way to […]