Pundi X [OLD] Cryptocurrency is currently on bearish momentum by 12.92% in the last 6 hours. At 11:06 EST on Thursday, 29 April, Pundi X [OLD] is at $0.00.

Social Status

Currently, Pundi X [OLD] has 141243 Twitter followers and 20736 Reddit subscribers.

News about Bitcoin

Musk says Tesla sold Bitcoin to prove liquidity as cash alternative. According to Bloomberg Quint on Monday, 26 April, "Tesla sold 10% of its Bitcoin holdings to prove the cryptocurrency’s liquidity as an alternative to holding cash on the balance sheet, CEO Elon Musk said in a tweet reply."

Bitcoin gains after Tesla renews commitment to cryptocurrency. According to Bloomberg Quint on Monday, 26 April, "It is our intent to hold what we have long-term and continue to accumulate Bitcoin from transactions from our customers as they purchase vehicles.", "That surprise announcement helped increase the legitimacy of Bitcoin and spurred a rally in its value."

Nexon joins Tesla in Bitcoin bet with $100 million purchase. According to Bloomberg Quint on Wednesday, 28 April, "In the current economic environment, we believe Bitcoin offers long-term stability and liquidity while maintaining the value of our cash for future investments.", "A growing number of global firms including Tesla Inc. and Square Inc. have moved to purchase Bitcoin in recent months, with more starting to accept the currency as a form of payment. "

JPMorgan is preparing to offer a Bitcoin fund to wealthy clients. According to Bloomberg Quint on Monday, 26 April, "JPMorgan Chase & Co. is preparing to offer a Bitcoin fund to wealthy clients, the latest sign that Wall Street is warming to the largest cryptocurrency after it soared in recent months.", "Wall Street banks are grappling with whether to offer clients exposure to cyptocurrencies after staying mostly on the sidelines as Bitcoin and other tokens surged in popularity. "

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