‘Hold my beer’ — Terra already up $165M from buying Bitcoin as BTC stash nears Tesla
The Luna Foundation Guard is well in the green as Terra co-founder Do Kwon stresses he is not “capable of moving” Bitcoin markets. Go to Source Powered by WPeMatico
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Terra smash buys $139M Bitcoin, wallet reaches 31,000 BTC
The Bitcoin wallet belonging to Terra amassed a further $139,000,000 in Bitcoin, bringing its total coffers up to 31,000 BTC or $1.47 billion. Go to Source Powered by WPeMatico
Crypto vs. physical: Musk-Saylor inflation debate boils down to scarcity
Musk acknowledged that assets that are predominantly scarce — such as physical property and company stocks — help investors in maintaining their purchasing power against high inflations. Go to Source Powered by WPeMatico
Elon Musk Says Starlink Will Not Censor Russian News Sources Despite Government Requests
Spacex CEO Elon Musk says that Starlink has been told by some governments to block Russian news sources. However, he affirmed, “We will not do so unless at gunpoint.” Elon Musk Refuses to Censor Russian News Sources Spacex and Tesla CEO Elon Musk tweeted early Saturday morning that Starlink has been told by some governments … Read more
Elon Musk Reveals Dogecoin Will Be Accepted at Tesla’s New Futuristic Diner, Drive-in Theater
Elon Musk has revealed that Tesla’s upcoming futuristic diner and drive-in theater, planned for the Hollywood area, will accept the meme cryptocurrency dogecoin. The electric car company currently accepts DOGE for some merchandise on its website. Tesla CEO Elon Musk: ‘You Can Pay in Doge’ Tesla and Spacex CEO Elon Musk tweeted about future dogecoin … Read more
Top dogs: Newbie Shiba Inu bites back, gains 25% vs. Dogecoin in February
Metaverse craze, token burning events, and increasing merchant adoption have made Shiba Inu outperform Dogecoin so far this month. Go to Source Powered by WPeMatico
Tesla Holding Bitcoin Worth $2 Billion — Sees Crypto as Both Investment and Liquid Alternative to Cash
Elon Musk’s electric car company, Tesla, has filed an annual report with the U.S. Securities and Exchange Commission (SEC) showing bitcoin holdings with a fair value of almost $2 billion at the end of December. The company sees crypto as both an investment and liquid alternative to cash. Tesla Has $2 Billion in Bitcoin Tesla … Read more
KPMG in Canada adds BTC and ETH to its treasury
In an inflationary environment, assets such as Bitcoin are becoming more attractive to corporations looking to diversify their cash holdings. Go to Source Powered by WPeMatico
Bitcoin, Ethereum Technical Analysis: Bitcoin Hits $43,000 After Tesla Announcement
Following a strong weekend, bitcoin’s surge continued to start the week, as Tesla announced close to $2 billion worth of holdings in BTC. Overall, crypto markets were around 3% higher on Monday. Bitcoin Bitcoin, which consolidated for the majority of last week, moved closer to a three-week high today, climbing by as much as 3% … Read more
Tesla held $2B of Bitcoin as of late 2021, SEC filing reveals
Tesla recorded $101 million of impairment losses on Bitcoin in 2021, with the carrying value accounting for $1.26 billion. Go to Source Powered by WPeMatico
