BTC acceptance

Bitcoin BTCUSD, +2.91% is at a “tipping point” and will either reach mainstream acceptance or face a “speculative implosion,” according to Citi analysts. But recent developments, including electric-car maker Tesla’s TSLA, -4.45% $1.5 billion investment and moves by PayPal PYPL, -1.62%, Visa V, -0.40% and Mastercard MA, -0.02% to accept payments, pointed toward the former.

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