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BitcoinBites: 5 BTC stories you should know – October 27th, 2021

Oct 27, 2021
byNDAX Labs

Tesla leaves door open for resumption of cars-for-crypto

A recent filing with the Securities and Exchange Commission has suggested that Tesla will soon resume accepting digital assets like bitcoin for payment for its vehicles.

“We may in the future restart the practice of transacting in digital assets for our products and services,” the company wrote in its 10-Q filing, published Monday. “We believe in the long-term potential of digital assets both as an investment and also as a liquid alternative to cash.”

The company also had similar language in their previous quarterly report published in July.

Read the full story on Blockworks

Volaris in El Salvador set to accept Bitcoin

ow-cost airline Volaris will accept bitcoin in El Salvador, Salvadoran President Nayib Bukele said Tuesday.

"This allows us to increase the offering of flights for Salvadorans, in addition to being the first airline in the world to accept bitcoin and of course Chivo wallet," Bukele said in comments at a Volaris event shared on Twitter by the official account for the president's office.

Some other carriers, including Mexico's TAR Airlines in 2015, have previously announced they would accept bitcoin.

Read the full story on NASDAQ

Bitcoin becomes world's 13th biggest currency

Bitcoin is now the 13th biggest country in the world after overtaking the Swiss Franc

The digital cryptocurrency - which can be sent from user to user on the peer-to-peer network without the need of a central bank - experienced a surge this week, shooting up to $66,000 and according to experts, it shows no signs of stopping.

Some analysts have predicted that with several more bitcoin ETFs expected to be approved by the US Securities and Exchange Commission (SEC), the latter months of 2021 could be "parabolic" for the market of cryptocurrency.

Read the full story on Bitcoin Warrior

Seven-time Super Bowl champion Tom Brady gives a Bitcoin to a Buccaneers Fan

On Monday, legendary NFL quarterback Tom Brady explained on ESPN that he was giving a Bucs fan, Byron Kennedy, a single bitcoin for returning his 600th touchdown pass. Brady discussed the idea on his Monday Night Football appearance. According to reports, the Tampa Bay Buccaneers fan was standing near the end zone after Brady and wide receiver Mike Evans completed the touchdown pass.

Evans, however, didn’t realize how important the ball was and tossed it to Byron Kennedy after the touchdown. Experts are saying that if Kennedy kept Brady’s 600th touchdown pass football he could have gotten a lot of money for the keepsake. According to one local report, Kennedy could have sold the ball for upwards of $500K if he waited.

Read the full story on NewsBitcoin.com

Anthony Scaramucci praises Elon Musk trumpets blockchain and compares Bitcoin today to Amazon stock in 1999 in a new interview

Anthony Scaramucci championed blockchain technology, touted Coinbase stock, and compared bitcoin today to Amazon stock in 1999 in a recent RealVision interview.

The SkyBridge Capital boss, who lasted only 10 days as the White House's communications chief in 2017, also praised Tesla and SpaceX CEO Elon Musk, slammed Sen. Elizabeth Warren, and bemoaned the climate crisis.

Read the full story on Markets Business Insider

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