News Snapshot:
Elon Musk ‘hodls’ up flag of solidarity with cryptic tweet after China sends Bitcoin into tailspin | Photo Credit: Twitter Elon Musk’s cryptic tweet indicating that Tesla will hold its Bitcoin stash helped stabilise the digital token which went into a free-fall after China signalled a new crackdown on cryptocurrencies. The virtual currency tumbled to almost $30,000 on Wednesday, erasing half of its market capitalisation scaled last month, before clawing back to $39,500 hours later. It recovered after Tesla CEO in a tweet posted a diamond with hands emoji —indicating that Tesla has not dumped its Bitcoin holdings believed to...
