Elon Musk

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Tesla Maintains Bitcoin Holdings — Balance Sheet Shows $184 Million in Digital Assets

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Elon Musk’s electric car company, Tesla, has maintained its bitcoin holdings. The company’s Q1 balance sheet shows net digital assets of $184 million. According to crypto analytics firm Arkham, Tesla continues to hold onto its 11,509 bitcoins, which have a market value of over $745 million. Tesla Holding Onto Its Bitcoin Elon Musk’s electric car … Read more

Elon Musk Backs DOGE for Tesla Payments — Says ‘Dogecoin to the Moon’

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Tesla and Spacex CEO Elon Musk has expressed that Tesla should enable dogecoin as a payment method for its vehicles “at some point.” He exclaimed, “Dogecoin to the moon,” as he explained his reason for backing the meme cryptocurrency. “Lots of rich people were supporting bitcoin … But people on the line [at Tesla and … Read more

On-Chain Analysis Reveals Tesla Has 11,509 Bitcoins and Spacex Owns 8,285 BTC, Says Arkham

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Crypto analytics firm Arkham claims to have identified the bitcoin holdings of Elon Musk’s companies, Tesla and Spacex. “The on-chain fund flows we’ve identified match financial statements from Tesla and Spacex,” the firm detailed, stating: “We are the first to publicly identify these holdings on chain.” Bitcoin Holdings of Tesla and Spacex Crypto analytics firm … Read more

Crypto Community Fires Back at Hillary Clinton’s Criticism of Bitcoin Undermining US Dollar as Reserve Currency

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The crypto industry has responded to criticism from Hillary Clinton, who said that cryptocurrency can undermine the role of the U.S. dollar as the world’s reserve currency. Galaxy Digital CEO Mike Novogratz argued that the only thing that can undermine the U.S. dollar as a reserve currency is reckless spending by both U.S. political parties. … Read more

Dogecoin Surges Amid Rising Interest And New Addresses

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Dogecoin (DOGE) holders are witnessing an unexpected surge in the value of the meme coin, fueled by a growing number of addresses adding to its ecosystem.  This upward trend could potentially propel DOGE towards the significant $0.1 milestone, marking a notable achievement for the cryptocurrency. Cryptocurrency analyst Ali reports a staggering 1,100% increase in new … Read more