Elon Musk

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Elon Musk’s Tesla Faces Scrutiny Over Potential Conflict of Interest in $1.5 Billion Bitcoin Purchase

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Tesla is facing more scrutiny over its $1.5 billion dollar bitcoin purchase. A Tesla board member who reportedly approved the company’s bitcoin buy deal is a cryptocurrency investor who also sits on the boards of two major crypto firms. Experts Question Conflict of Interest in Tesla’s Bitcoin Purchase Tesla is further under scrutiny over its … Read more

Elon Musk Urges Dogecoin Whales to Dump Their Coins — Even Offers to Pay Them

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Tesla CEO Elon Musk believes that too many dogecoins are held by too few whales and has made them a huge offer. He will give his full support if they sell most of their coins, and will even pay actual money for them to destroy their coins in some provable fashion. Some believe that major … Read more

US Government Won’t Allow Corporates to Keep Replacing Dollars With Bitcoin, Warns Investment Advisor

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Dan Nathan, the founder of Risk Reversal Advisors, says that the U.S. government will not keep allowing corporations like Elon Musk’s Tesla to replace dollars with bitcoin. They won’t “let the dollar fall away from being the reserve currency for the world,” which could happen if corporations keep replacing dollars in their balance sheets with … Read more

Mysterious Address With $3 Billion in Dogecoin Sends Cryptic Binary Messages to Elon Musk

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Ever since the infatuation between Elon Musk and the meme-based cryptocurrency dogecoin, a number of people have looked at the asset critically. News.Bitcoin.com recently reported on the mysterious dogecoin wallet that absorbed more than 27% of the coin’s supply since February 6, 2019. This week, the dogecoin wallet with $3 billion worth of the crypto … Read more