Author: News Desk

According to the Mayor of Miami Francis Suarez, Elon Musk has highlighted a huge problem with Bitcoin. CEO of Tesla Inc. (NASDAQ: TSLA) has highlighted the fragility of Bitcoin price (CRYPTO: BTC) that reduces its utility as a financial asset. problem with bitcoin stock BTC There’s volatility in everything, there’s volatility in commodities, there’s volatility in dollars but not that kind of volatility. Elon Musk the puppeteer “When one person has the ability to make one tweet and spiral the price of a particular asset at that level — you know, 10%-20% as opposed to 1% or 2% or 3%.” In…

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European Union (EU) government reached a deal with the EU Parliament on Tuesday over new rules that will force large multinational companies to disclose how much revenue and tax they pay in the 27-nation bloc and how much they pay in countries considered tax havens by the EU. This has been an ongoing war since the last crisis when the likes of Amazon, Microsoft, Google, Facebook and others were exposed for paying ridiculously low amounts of tax. Many critics have criticised it as a half-measure and corruption in the EU parliament for bowing down to the tech giants. EU agrees…

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