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Elon Musk is “astutely aware” of the impact of options expiry, Zhu Su claims as Tesla sparks an unlikely uptick after a week of losses. Go to Source Powered by WPeMatico
Analysts at Decentrader point to encouraging hodler behavior that suggests that BTC/USD is far from its cycle top at $56,000. Go to Source Powered by WPeMatico
Tesla initially hinted at accepting Bitcoin for payments in an SEC filing earlier this year. Go to Source Powered by WPeMatico
Anthony Scaramucci’s Skybridge Capital has filed an S-1 registration form with the Securities and Exchange Commission (SEC) for a bitcoin exchange-traded fund (ETF). The prospectus for the “First Trust Skybridge Bitcoin ETF Trust” notes that the ETF aims to list common shares on NYSE Arca. Skybridge Capital Files to List a Bitcoin ETF Skybridge Capital … Read more
Tesla’s unrealized profit from “hodling” Bitcoin could be the equivalent of upscaling the company’s daily car sales by over 860%. Go to Source Powered by WPeMatico
Hedge fund manager Bob Prince has warned that the recent sell-off in the U.S. government bond market could accelerate and this could “threaten high-flying assets” like cryptocurrencies and blank cheque companies. Prince, who is the co-CIO at Bridgewater Associates, links this looming downturn in the $21 trillion Treasury market to the improving economy as well, … Read more
In a world where CEOs and CFOs no longer matter, meet Tesla’s new Technoking and Master of Coin. Go to Source Powered by WPeMatico
Spacex and Tesla CEO Elon Musk has once again tweeted in support of dogecoin. He wants the crypto exchange Coinbase to list the cryptocurrency and says he will get a Shiba Inu, the dog breed featured as the face of dogecoin. Meanwhile, the coin’s adoption is growing, advocated by celebrities like Mark Cuban. Elon Musk … Read more
The price of the Shiba Inu token rose 300% in the hours following Musk’s tweet. Go to Source Powered by WPeMatico
Asset managers are warning industry giants like Tesla and PayPal that investing in energy-intensive assets like Bitcoin could diminish their popularity among investors. Go to Source Powered by WPeMatico