Tuesday, 09 Feb 2021 07:58 AM MYT
The electric-vehicle company's move marked the latest step toward mainstream acceptance of bitcoin, sending it 10 per cent higher on expectations that other companies will soon join asset manager BlackRock Inc and payments companies Square and PayPal in backing the cryptocurrency. “The recent run-up far exceeded anticipated increases in demand, up over five-fold from previous all-time highs,” a Kraken spokesperson said in an email.
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