Musk, who never minces his words on social media, has been vocal about his passion for Bitcoin cryptocurrency.

Rallying over 300 per cent in the last year, the world's largest cryptocurrency, Bitcoin, has gained popularity in the country among other crypto assets, with top exchanges witnessing a multifold jump in trading volumes

Cryptocurrency exchanges in India have witnessed multifold jump in their daily trades after Bitcoin, the world's largest cryptocurrency, soared over 310 per cent in 2020

The announcements, buried deep in Tesla's 2020 annual report, drove a roughly 20% surge in the world's most widely held cryptocurrency to over $47,000

The value of the cryptocurrency has shot up from $5,000 in March to $25,000, marking a colossal 400 percent increase in the past eight months.

A 17-year-old recent graduate from Florida was arrested for the major Twitter hack on July 15. He faces 30 felony charges and is being charged as an adult.

Among the three people arrested, Florida's Clarke is believed to be the mastermind who tricked Twitter's IT department into handing him over with secure credentials.

On Tuesday, Bitcoin opened higher but soon slipped into negative terrain to touch a six months low of $6,871.92. The cryptocurrency has fallen more than 50 per cent from its 2019 high of $13,879.21 touched in June