Analyzing the Tesla-Bitcoin investment : what's next for cryptocurrencies? /

When Elon Musk announced in February that Tesla would be purchasing more than USD 1 billion in Bitcoin, the cryptocurrency's value immediately soared-only to tumble following U.S. Treasury Secretary Janet Yellen's cautions against the volatility of digital assets, then to rise again when b...

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Bibliographic Details
Main Author:	Hobbs, Allegra (Author)
Format:	eBook
Language:	English
Published:	London : SAGE Publications: SAGE Business Cases Originals, 2021.
Series:	SAGE business cases
Subjects:	Cryptocurrencies > Case studies. Bitcoin > Case studies. Investments > Case studies. Cryptomonnaie > Études de cas. Bitcoin > Études de cas. Investissements > Études de cas. Bitcoin. Cryptocurrencies. Investments. Electronic books. Case studies.
Online Access:	Connect to the full text of this electronic book

Description
Summary:	When Elon Musk announced in February that Tesla would be purchasing more than USD 1 billion in Bitcoin, the cryptocurrency's value immediately soared-only to tumble following U.S. Treasury Secretary Janet Yellen's cautions against the volatility of digital assets, then to rise again when banking powerhouse JPMorgan announced it would begin exploring cryptocurrency options. Despite the fluctuations and warnings, the increasingly mainstream interest and investment in Bitcoin and other cryptocurrencies seem to be heralding a new era of use and acceptance. This brief case examines the trend and asks students to discuss what mainstream investment might mean for the future of crypto.
Physical Description:	1 online resource : illustrations.
Bibliography:	Includes bibliographical references.
ISBN:	9781529778687 1529778689