Twitter chases Citadel’s founder, Binance in a race of subpoenas
The company is gathering all the possible information on Elon Musk’s private claims about its number of fake accounts. Go to Source Powered by WPeMatico
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Crypto Biz: Elon Musk: The ultimate crypto tourist
Tesla’s foray into Bitcoin may have been one big distraction for the electric vehicle maker, which reported mixed financial results earlier this month. Go to Source Powered by WPeMatico
Tesla Reveals Bitcoin Holdings Worth $222 Million in Latest SEC Filing
Tesla has revealed that it is still holding bitcoin worth $222 million in market value after selling 75% of its crypto holdings. The company recorded realized gains of $64 million on its recent bitcoin conversion into fiat currency. Tesla Realizes Gains of $64 Million From Bitcoin Sale Tesla Inc. filed its second-quarter report with the … Read more
Tesla reports $64M profit from Bitcoin sale
Elon Musk’s electric vehicle company sold 75% of its BTC in the second quarter. The company’s overall profitability was impacted by inflation and competition for battery cells. Go to Source Powered by WPeMatico
Yuga Labs May Face a Potential Class-Action Lawsuit Over Apecoin and NFT Sales
According to the international law firm Scott+Scott’s website, there’s a possibility that the non-fungible token (NFT) company Yuga Labs may be threatened with a class action lawsuit for generally promoting “the growth prospects and change for huge returns on investment to unsuspecting investors.” Law Firm Seeks Investors Who “Suffered Losses” From Yuga Labs Products The … Read more
Bitcoin Price Falls to $22K, Market Momentum Is Slowing Down
After a spectacular performance this week, cryptocurrency markets remain weak this Saturday as Bitcoin falls to the $22k level. The good news is that Ethereum still managed to hold above the $1,500 level. Even with a 7% drop in the past 24 hours, its 7-day performance is excellent, rising by over 25% in the past … Read more
Bitcoin, Ethereum Technical Analysis: ETH Rebounds, Climbing to Over $1,600 on Friday
Ethereum was back in the green on Friday, as bulls returned to action following yesterday’s selloff. Crypto markets set aside concerns over Tesla’s bitcoin sale, extending this week’s rally in the process. Bitcoin was also up in today’s session, as it headed back towards $24,000. Bitcoin Bitcoin (BTC) prices rose on Friday, as markets rebounded … Read more
Bitcoin Price Holds Above $23K While Ethereum Price Surges Past $1,600
After a brief market correction last night, cryptocurrency markets continue to perform well, with Bitcoin’s price managing to return above the $23k levels, while Ethereum’s price is gaining dominance, surging past $1,600. With Ethereum’s market cap approaching $200 billion compared to Bitcoin’s $451 billion, ETH could soon reach 50% dominance compared to BTC, signaling a … Read more
Large institutions sold $5.5B in BTC since May — and we’re still here
Massive sell-offs from institutions appear to have been the driving force behind the drop in Bitcoin price since May, according to an analyst from Arcane Research. Go to Source Powered by WPeMatico
Bitcoin Price Retreats to $22K After Peaking at $24K
The recent bull run for cryptocurrency markets is slowing down as Bitcoin’s price retreats to $22k after peaking at $24k on July 20th. The global crypto market cap is down by 4% but remains well above the $1 trillion market, with a current valuation of $1.03 trillion. Ethereum’s price is also down 6% but remains … Read more
