Tesla Holds Bitcoin Steady After BTC Wallet Transfers Spark Speculation

Tesla has reported stable bitcoin holdings for Q3 2024, despite transferring its 11,509 BTC to new wallets. The move, which sparked speculation but did not signal a sale, suggests routine security measures. Tesla posted $25.2 billion in revenue and $2.7 billion in profits, driven by record vehicle deliveries and a 52% surge in energy storage. … Read more

Arkham Reveals Tesla’s $765M in Bitcoin Still Intact—Here’s What’s Happening

According to Arkham Intelligence, the bitcoin transferred by Tesla last week was likely just relocated to newer wallets, but the company still holds control over the funds. Arkham revealed that the assets are now spread across seven separate wallets. Arkham Confirms Tesla’s Bitcoin Stash Remains Untouched—Spacex Holds $550M The crypto community buzzed last week when … Read more

Coinbase CEO, Elon Musk Back Pro-Crypto Senate Challenger Against Elizabeth Warren

Coinbase CEO Brian Armstrong and Tesla CEO Elon Musk have voiced their support for pro-crypto Senate candidate John Deaton in his race against Elizabeth Warren. Armstrong warned that Warren, a vocal crypto critic, has pushed harmful regulations and backed U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler’s efforts to curb the industry. Musk signaled … Read more

Tesla CEO Elon Musk Highlights XRP and Crypto Potential Amid Regulatory Heat

Tesla and Spacex CEO Elon Musk addressed XRP and cryptocurrency during a town hall in Pittsburgh, acknowledging crypto’s potential amid regulatory scrutiny. Musk emphasized that cryptocurrency plays a crucial role in promoting individual freedom and countering centralized control. His comments were well-received by XRP supporters, highlighting the growing importance of crypto in shaping future financial … Read more

Elon Musk Launches $1M Daily Giveaway Campaign — And Explains Why It’s So Important

Tesla and Spacex CEO Elon Musk has launched a $1 million daily giveaway campaign, encouraging swing-state residents to sign a petition in battleground states. The billionaire gave the first $1 million to one man at a rally as he highlighted concerns about the country’s future and the urgent need for reform. The daily cash prizes … Read more