Bitcoin keeps soaring after Tesla investments

E-currency seems to be on the rise, this year as Bitcoin hits the roof. Many have alluded to the increase in the recent investment into Dogecoin by Elon Musk. 

Bitcoin values surges as Elon Musk invest in e-currency 

It seems the cryptocurrency industry is enjoying at this moment after breaking been valued at $50,000 early last week. On Sunday, it has risen to $59,000, and it continues to hit the roof. Cryptocurrency business has risen more than 92% this year alone and is valued at more than $1 trillion. Many tech experts believe the recent spikes are linked to the investment in bitcoin of Tesla's founder Elon Musk. 

This might be true, but Bitcoin has a track record of having price fluctuation. It has fallen and risen more than thirty times since it was created in 2008. It was valued at $29,000 at the beginning of the year before rising astronomically. But, have increased, it hasn't affected most businesses as many investors have put their capital. 

Now many firms have adopted it as a reliable payment option. The problem with bitcoin according to experts is that it is very volatile and hard to predict. Also, many countries are worried that Bitcoin has been an avenue where many fraudsters and terrorists used for transactions. Many nations have said they will place embargoes on transactions done in Cryptocurrency. 

Many countries wary of its volatile nature 

Countries like Nigeria and India have issued statements banning financial institutions from accepting payments in crypto. Even more than these many have warned that until this mode of payment is regulated, it is unsafe. However, this has fallen on deaf ears as many investors have pumped money into the business, and are expecting huge profits. 

Greg Harris, a Financial advisor with Daria investment limited in Belgium has said that though bitcoin is volatile it is a good way to make money quickly and has pleaded due diligence when trading in cryptocurrency.

Understanding the Importance of Encryption in Online Casino Apps

In this digital age, with the rapid expansion of online gaming platforms and casino apps, the need for robust security measures, particularly data encryption, has become paramount. We live in a world where every single piece of data is both valuable and vulnerable. Encryption helps protect this dat... See more

How do you get your visitax?

The visitax is a new form of tax implemented by the state of Quintana Roo. It is a pass for visitors to stay in any city in the state. Do you want to get your visitax without any difficulty? Follow this article to find out how you can get one in three steps. Fill out the online application form Of c... See more

Why practice conversational marketing ?

With the current technological evolution, business owners are constantly looking for ways to significantly improve sales. To this end, any change in strategy consists in changing or improving marketing. It has then become recurrent to see some of these leaders adopt conversational marketing for spec... See more

WHY THE AVIATOR RTP IS GOOD, THE AVIATOR ALGORITHM : HOW IT IN--GAME CHAT FUNCTIONS

RTP which means the percentage return to player of any game. Every gaming machine prize differs from game to game depending on their category. For the Aviator game the developer states that it's payout ratio is 97%. This implies that with 100 rounds when you play the little plane takes off at a mult... See more

Handpan instruments? What are handpans?

Handpan is a word used to refer to a combination of musical instruments. The term handpan first appeared online in the fall of 2007 on the website of an American steelpan producer Pantheon Steel. These instruments are used in modern music, especially handpan tam-tams. If you are not familiar with th... See more

What should you know about HoneyGain?

Today, it is possible to make money online. All you need is an Android phone or PC and an internet connection. There are several sites that allow you to earn money online. Among these is HoneyGain. In the rest of this article, you will learn more about it. What is HoneyGain? HoneyGain is a website t... See more

Cider: everything you need to know

Cider has been consumed since ancient times and is the pride of the Bretons and Normans, as well as being prized around the world. This fermented apple juice is a vector of history and region and, above all, the wealth of flavor. But how is cider made? Find out all about cider in this article. What... See more

How can you reduce carbon emissions in your company?

In order to achieve carbon neutrality, companies need to commit to reducing their greenhouse gas emissions. To achieve this, they need to reduce their emissions by 55% by 2030 to curb global warming. Some actions are quick to implement, inexpensive but can significantly reduce the carbon footprint o... See more

Top 3 Singles Dating Sites

Do you want to meet virtually ?  Or you are single and you rather want to get in touch with your partner in order to develop a more or less long relationship of a sentimental, erotic or friendly nature.  There are sites online that will allow you to meet your soul mate. Match.com Match has been the... See more

How to return a stray collarless dog to its owner

The dog represents much more than just a pet. As an everyday companion, it is quite normal that a fairly strong bond develops between him and his owner, who decides not to put a collar on him. However, sometimes the owner is not very vigilant and gets separated from the dog. What to do in order to u... See more

DIGITAL TRANSFORMATION, let's talk about it: what to understand about the concept

Digital transformation is one of the biggest focuses of our era, one of the major issues of the company. In this article, we want to expose on the meaning of digital transformation and its benefits. Follow! What meaning or explanation can be given to digital transformation? Digital transformation is... See more

Steam mop: useful

The evolution of technology has revolutionized the way our homes are maintained with modern cleaning tools like the steam mop. It is mainly used to clean stains and dirt with the help of water vapor. What are the advantages of using the steam mop? The steam mop eliminates the need for dragging buc... See more

Essential clarification on the use of Kratom

You may have heard of kratom (Mitragyna speciosa), an herbal supplement traditionally used in Southeast Asia for energy and to help relieve aches and pains. Derived from a type of tree, kratom contains alkaloid compounds called mitragynine and 7-hydroxymitragynine. How to recognize kratom Kratom loo... See more

Ways to avoid kidneys problems.

In the purpose to have a long life, there are many diseases we should avoid. Kidneys problems can be fatal for people. To reduce the risk to have this problem, there are many things to do in your daily life. Eat healthy food The choice of food is very important If you want to avoid kidney problems.... See more

Sudan devalues the currency to offset bills

Sudan has been going through a tough financial situation, as it resorted to devaluing its currency to settle its debts. Economy experts are opposed to this, but the government insists that is the only way to stay afloat.  Sudan devalues the currency to settle debts  The Sudanese government has appro... See more

Burmese citizens cry as first demonstrators die during the protest

After weeks of peaceful demonstrations against the coup, Burmese citizens have been shot dead. Citizens defy government order and insist the military must leave.  Young lady dies and protests claim the first casualty in Myanmar  The mammoth crowd at the Myanmar major cities was in a sorrowful mood o... See more

UK Prime Minister promises COVID-19 vaccine to help developing nations

The UK leader insists his government will do more to send vaccines to poor countries. He announced during a G7 meeting on Friday.  Poorer nations to receive excess vaccines - PM Boris Johnson  The UK Prime minister has said his country will live up to its responsibilities by helping poorer countries... See more

UK Travel sector pleads for a way out of economic crises

The travel industry in the UK has begged for a clear road map and financial assistance for its sector. This is because the industry has been the worst hit by the lockdown.  Britain travels industry pleads for financial aid The travel and aviation industry in Britain has told the UK Prime Minister to... See more