Breaking: World’s Richest Man Puts ‘Bitcoin’ in His Twitter Bio Says It Was Inevitable
World’s richest man Elon Musk recently updated his twitter bio and mentioned Bitcoin promoting the cryptocurrency among his followers worldwide. He also tweeted that this was inevitable indicating his interest in crypto space.
In retrospect, it was inevitable
— Elon Musk (@elonmusk) January 29, 2021
Elon Musk Joins Bitcoin, Crypto Community Welcomes the update
Elon Musk’s interest in cryptocurrency is not new and he has already confirmed owning Bitcoin. In recent past he has tweeted about cryptocurrency and publicly enquired prominent pro bitcoin investors like Michael Saylor about Bitcoin’s capacity to handle large transactions. He also tweeted that he is willing to be paid in Bitcoin.
But, today, to everyone’s surprise he updated his twitter bio with ‘Bitcoin’ as the key word.
Bitcoin price is observing a spike since this news broke out as this event is starting to get more and more media attention. Crypto community has long anticipated Elon Musk to enter crypto and allow bitcoin holders to buy Tesla via crypto.
Bitcoin Price Jumps by more than $6,000 Post Elon’s Tweet
Bitcoin price saw a massive surge following Elon Musk’s update of twitter bio and tweet. At the time of reporting Bitcoin price jumped by more than $6,000 and is currently trading over $38,000.
The positive sentiment in market is also compounded by Coinbase’s update for a direct listing instead of an IPO. Crypto community as well as mainstream media is anticipating major news from Elon with respect to entry to Bitcoin.
Will Elon Follow Michael Saylor’s advise and move Tesla’s balance sheet to Bitcoin? This is question everyone is asking.
Why Trust CoinGape
CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more…to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
Premium Partners
Delivered every day.
- Insights that move markets
- 100,000 active subscribers
Related Articles
- What’s Behind Ethereum’s Drop: Macro, TVL, DeFi & Liquidity Zones
- Bitcoin ETFs Record Biggest Daily Outflow Since August as OG Whales Cash Out
- CZ Trump Pardon: Binance Founder Denies Any Trump Family Ties
- Odds for December Rate Cut Soar to 71% After Michigan Consumer Sentiment Hits 2nd-Lowest in History
- Breaking: James Chanos Exits MSTR Short After Premium Drop
- After a 17% Jump, Is Litecoin Price Rebound Sustainable Amid Dominant Sell Activity?
- Cardano Price Soars 10% Amid Retail Accumulation: Will Bulls Target $1?
- Bitcoin Price: How Low BTC Could Fall by the End of 2025?
- Post-Giveaway Supply Shock: Impact on FUNToken’s Liquidity and Market Depth
- Aster Price Poised to Hit $2 as Coinbase Adds ASTER to Listing Roadmap
- Filecoin Price Rockets 51% as Grayscale’s FIL Holdings Hit Record High — What’s Next for FIL?
