SEC Chair Gary Gensler actually is pro-Bitcoin, Vault Equity CEO argues
Vault recently received approval for an ETF that includes stocks in various crypto-related companies. Go to Source Powered by WPeMatico
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Crypto is impossible to destroy, says Tesla CEO Elon Musk
The decentralized nature of cryptocurrencies may be a challenge for the Chinese government, Elon Musk suggested. Go to Source Powered by WPeMatico
YouTuber trades Tesla Roadster for NFT
“Looking back on this in one year, two year, three years from now it could be a monumentally dumb decision but it also could be a great decision,” said Dan Markham. Go to Source Powered by WPeMatico
Here’s how Bitcoin options traders might prepare for a BTC ETF approval
Bloomberg analysts expect a BTC ETF approval in the next few months, and clever options traders might use this strategy to profit from the possibility. Go to Source Powered by WPeMatico
Q2 Earnings Show Coinbase Raked in $2 Billion — Firm Forms Partnerships With Elon Musk, PNC Bank, Spacex
Coinbase published the company’s shareholder letter on Tuesday which detailed it made over $2 billion in net revenue during the second quarter. The firm said “Q2 was a strong quarter” for Coinbase as it saw both “growth and diversification” this year. While netting in $2 billion, Coinbase said it has 68 million verified users and … Read more
Tesla reports record $1B income for Q2 despite $23M impairment loss on BTC
Tesla’s latest earnings report showed that the firm conducted no digital asset purchases or sales in Q2, but reported an impairment loss of $23 million on its BTC holdings. Go to Source Powered by WPeMatico
Tesla Reveals Bitcoin Holdings Worth $1.3 Billion in Q2, $23 Million BTC Impairment
Elon Musk’s electric car company, Tesla, is holding bitcoin worth $1.311 billion. The company did not buy or sell any bitcoin during the second quarter but recorded bitcoin-related impairment of $23 million. Tesla’s action reaffirms Musk’s prior statement that neither he nor Tesla had sold their coins. Tesla’s Q2 Bitcoin Holdings Elon Musk’s Tesla released … Read more
Here’s how much Musk and Saylor’s tweets influenced crypto prices in Q2
Elon Musk and Michael Saylor have emerged as two of the most influential names in crypto. A new sentiment-driven analysis from The TIE and eToro USA reveal the extent of their influence. Go to Source Powered by WPeMatico
Tesla Q2-2021 Earnings Call to Shed Light on Its Bitcoin Holdings
The upcoming Tesla Q2-2021 earnings call, which will be announced this Monday after market hours, will at last shed some light on what has happened with the company’s bitcoin holdings. The company held more than 1.5 billion dollars in bitcoin on Q1 and has reported only one sale to “test the market’s liquidity” according to … Read more
SpaceX owns Bitcoin, Elon Musk and Nic Carter believe BTC is becoming greener
Musk revealed that SpaceX owns Bitcoin and that Tesla may be close to accepting BTC payments again after looking into BTC’s sustainability. Go to Source Powered by WPeMatico
