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Bitcoin surges to almost US$45,000 after Tesla discloses purchase
Bitcoin surged to an all-time high after Tesla Inc. said it’s invested US$1.5 billion, the biggest endorsement of the controversial cryptocurrency by a mainstream company. The digital asset jumped as much as 16 per cent after Tesla made the disclosure in a regulatory filing, with prices exceeding US$44,000 for the first time. Tesla also said it would begin accepting the digital token as a form of payment for its electric cars. Other coins surged as well. Ether gained as much as 11 per cent to a record and Litecoin rallied a similar amount Monday in New York, according to data complied by Bloomberg. That Tesla, one ... (full story)
