A Wave of Giants Rushing to Invest in Bitcoin Could Derail the Stock Market

Gavin Brown, Associate Professor in Financial Technology, University of Liverpool. ______ After Tesla announced it has invested USD 1.5bn in bitcoin and expects to start accepting the cryptocurrency as a payment for its electric vehicles in the near future, the bitcoin price went soaring. It went from around USD 39,400 to an all-time high of over USD 48,000 in less