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Bobby Lee, Bitcoin Foundation: ‘You Can Buy Tesla CyberTruck For Cheap By Investing Just $10,000 Now’

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Tue, 06/02/2020 - 12:09
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Vladislav Sopov
Bitcoin legend Bobby Lee announced that he decided to buy a Tesla CyberTruck in 2021. Here’s what terms he offered Elon Musk and why you might want to retweet his post
Bobby Lee, Bitcoin Foundation: ‘You Can Buy Tesla CyberTruck For Cheap By Investing Just $10,000 Now’
Cover image via twitter.com
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Bobby Lee, the former CEO of the first Chinese Bitcoin (BTC) exchange BTCC and the original member of the Bitcoin Foundation has announced that he will celebrate purchasing a Tesla Cybertruck in 2021 with an amazing airdrop.

One Bitcoin (BTC) for Tesla CyberTruck

Fascinated by the splendid run Bitcoin (BTC) started last night, Mr. Lee tagged Elon Musk to inform the Tesla CEO that he is considering buying the flagship Cybertruck model in 2021. And it looks like he doesn’t care about its fiat price.

Bobby Lee wants to buy Tesla Cybertruck for 1 BTC in 2020
Image via Twitter

Mr. Lee predicts that a Tesla Cybertruck would cost less than one bitcoin (BTC) by the end of 2021. At press time, the official Tesla store prices for this model range between $39,900 for a truck with a single motor and $76,900 for a self-driving model with three motors.

So, Bitcoin (BTC) needs to gain about 300% to achieve the ambitious goal set by one of its pioneers.  Mr. Lee even highlighted the opportunity to invest $10,000 in Bitcoin (BTC) right now to be able to buy a Tesla in 2021 ‘for cheap’.

Also, Mr. Lee launched a survey to figure out how many true Bitcoin (BTC) believers are subscribed to his Twitter account. At press time only 69% of his followers believe that the Bitcoin (BTC) price will exceed $39,900 by the end of 2021.

Like, Retweet, Get Tesla

To prove his serious intentions, Mr. Lee launched a thrilling giveaway. He will order a Tesla Cybertruck for one person if the Bitcoin (BTC) price exceeds $39,900 by late 2021.

Nothing but a like and a retweet is required to join the giveaway.

At press time, more than 1,000 Crypto Twitter inhabitants have decided to roll the dice and share the joy of buying such an expensive car with one of the first Bitcoin (BTC) evangelists.

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About the author

Blockchain Analyst & Writer with scientific background. 5+ years in IT-analytics, 2+ years in blockchain.

Worked in independent analysis (Crypto Briefing) as well as in start-ups (Swap.online, Monoreto, Attic Lab etc.)

Grayscale Assets Under Management Surge $300,000,000 in One Day. What Does This Mean?

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Fri, 10/23/2020 - 09:24
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Vladislav Sopov
Grayscale, undisputed giant of institutional crypto investments, is celebrating another monstrous milestone, adding a nine-digit sum to AUM in 24 hours
Grayscale Assets Under Management Surge $300,000,000 in One Day. What Does This Mean?
Cover image via stock.adobe.com
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Grayscale is an investment company that provides the clients with an exposure to digital currency markets eliminating the need to buy tokens. The firm does it by selling shares of 'trusts' related to certain digital assets. The recently started FOMO has already brought Grayscale's 'asset under management' (AUM) values to previously unseen levels.

Grayscale assets are on steroids

In its most recent report shared in a tweet, Grayscale Investments stated that its net AUM now surpasses $7,300,000,000. Mostly, this upsurge should be attributed to the spikes of Bitcoin (BTC), Ethereum (ETH) and Litecoin (LTC) prices.

Grayscale adds $300M to its AUM in 24 hours
Image by Twitter

Its founder, CEO of Digital Currency Group Barry Silbert, unveiled that Grayscale’s holdings added a whopping amount of value in the last 24 hours.

Added a cool $300 million in AUM in one day

In terms of separate ‘trusts’, the most impressive increase is associated with Litecoin (LTC). Its value added almost 10% bringing its total to over $34 mln. 

Bitcoin (BTC) allocation surged above $6 bln with a 5% increase. Notorious Grayscale Ethereum Trust (ETHE) added 6% and now is valued at $942 mln.

PayPal assists Grayscale

By contrast, Stellar Lumens (XLM) and Bitcoin Cash (BCH) trusts witnessed mediocre increases of 2-3%. The only integral product of Grayscale, Large Cap Trust that unites the most valuable coins under its umbrella, therefore, added less than 4%.

The numbers of Grayscale Investments positions rocketed due to the rapid spike of crypto prices associated with PayPal’s decision to add major digital assets to its instrument toolkit.

As covered by U.Today previously, PayPal announced that Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC) and Bitcoin Cash (BCH) will be added as payment methods by the end of this year.

  

Following this surprising news, Bitcoin (BTC) revisited its multi-months high over $13,000. At press time, its price has slightly retraced and flirts with the $12,800 level.

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About the author

Blockchain Analyst & Writer with scientific background. 5+ years in IT-analytics, 2+ years in blockchain.

Worked in independent analysis (Crypto Briefing) as well as in start-ups (Swap.online, Monoreto, Attic Lab etc.)