Tag: elon musk bitcoin

Jul 22 2022

Breaking: Twitter Posts $270 Mln Quarterly Loss; Blames Elon Musk

Jul 22 2022 Published at Coingape under tags  elom musk twitter elon musk bitcoin news

Twitter reported a staggering decline in its revenue as the social media giant gets into the legal tussle with the world’s richest man, Elon Musk. Twitter share down by 12% over past 6 months According to the report, Twitter's revenue dropped from last year's $1.19 billion to $1.18 billion. However, it also fell short to...

Jul 21 2022

Why Tesla Selling Bitcoins Is A Great News, Explains Justin Sun

Electric carmaker Tesla sold 75% of its Bitcoin holdings last quarter adding more than $936 million to its balance sheet. Tesla CEO Elon Musk said it was important for them to maximize their cash position owing to the lockdown and shut down of its Shanghai factory in April. While many believe Tesla's Bitcoin selling could...

Jul 20 2022

Why Tesla May Have To Resume Bitcoin Payments Again?

The Bitcoin Mining Council has announced the result of its second-quarter survey. The survey reveals that the global bitcoin mining industry’s sustainability electricity mix is 59.5%. A sustainability mix of 59.5% means that it is the 5th quarter in a row when Bitcoin’s power mix is above 50%. In the May of 2021, Tesla stopped...

Jul 04 2022

As BTC Plummets to $19,000, Elon Musk’s Tesla Reports $440 Million Impairment Losses

The world's largest cryptocurrency Bitcoin (BTC) has struggled to keep up with its recovery and has been trading under pressure at a price of $19,000. After the massive price crash in the BTC price this year, Elon Musk's...

Apr 30 2022

Elon Musk To Sell Shares To Fund Twitter ; Will His Crypto Holdings Be Affected?

Tesla's shares fell 5.56% on Tuesday as rumors emerged that Musk would be selling off some of his extensive holdings of the company's shares to help fund his Twitter purchase, per data from the Lead Lag report. More recently on April 29, it was confirmed that Musk had sold about $8.5 billion worth of Tesla...

Following The Recent Crypto-Twitter Saga, Vitalik Buterin Gives Two Cent

Elon Musk's purchase of Twitter has continued to draw reactions from crypto market participants. Vitalik Buterin, the founder of the Ethereum blockchain, has shared his thoughts on the consequence of the acquisition. Twitter's changing ownership could affect morale says Buterin In a tweet, Buterin opined that the largest outcome of Elon Musk's ownership of Twitter...

Apr 28 2022

Aave’s Founder Kicked Out Of Twitter For Allegedly Spreading FUD

The founder of Aave has been banned from Twitter, after putting out a recent tweet that took the platform by storm. Stani Kulechov, the head of the leading DeFi Platform that allows users to borrow cryptocurrencies, seemed to have spread FUD with his recent tweets. The move was allegedly made to cut down on “FUD”...

Apr 15 2022

Will Elon Musk Accept Cardano (ADA) Founder’s “Alternative Twitter” Offer?

Elon Musk's bid to buy Twitter and take it private has sparked a lot of discussions. Charles Hoskinson, the CEO of IOG and founder of Cardano, commented that he is open to helping Musk build a decentralized social media platform should his Twitter bid fall through. Cardano's Charles Hoskinson offers to build decentralized Twitter with...

Apr 10 2022

Elon Musk Wants Dogecoin (DOGE) Payments for Twitter Blue, Suggests New Ideas

Elon Musk recently acquired a 9.5% stake in social media platform Twitter and joined the board last week. The tech billionaire has been serious about improving Twitter and preventing the influence of scammy accounts and bots on the platform. To get away with it, Elon Musk earlier today tweeted about having a monthly subscription for...

Apr 05 2022

Elon Musk Triggers Another Spike In Dogecoin (DOGE) Price

Billionaire and CEO of SpaceX, Elon Musk has once again influenced Dogecoin as recent news of his acquisition of Twitter shares...

Apr 04 2022

Breaking: Elon Musk Is Now Twitter’s Largest Shareholder

Tesla CEO Elon Musk took a 9.2% stake in Twitter, a filing showed on Monday. The move makes him one of the largest shareholders of the social media platform. The deal was revealed through an...

Mar 30 2022

Elon Vs SEC: Elon Musk Channels Eminem In Legal Battle With SEC

Tesla CEO Elon Musk quoted popular rapper Eminem in a recent response to the SEC's investigation of his 2021 tweets over potential market manipulation. Musk has sought to...

Mar 28 2022

Breaking: Elon Musk Says He Is Covid-19 Positive Again

Tesla CEO Elon Musk said on Monday he had tested positive for COVID-19 again, although he did not appear to be exhibiting major symptoms at the moment. This marks the second time Musk appears to have contracted the virus, the first...

Mar 14 2022

“Won’t Sell Bitcoin, Ethereum or Doge”- Elon Musk

Elon Musk, chief executive officer (CEO) of Tesla, in a tweet on Monday, shares his concerns over the rising rate of inflation as a result of the escalating Russian-Ukraine crisis. However, despite the rising inflation, he would not sell his Bitcoin, Ethereum, or Doge holdings for what it's worth. Musk reiterates his bullish stance on...

Feb 25 2022

Just-In: US SEC Probing Elon Musk; Is Elon Building A Counter Case Against SEC?

The U.S. Securities and Exchange Commission is investigating whether recent stock sales by Tesla CEO Elon Musk and his brother Kimbal Musk "violated insider trading rules", the Wall Street Journal reported. This move has come just a day...

Feb 24 2022

Elon Musk Takes Fight Directly to SEC; Ripple Not Alone In Fight Against SEC

Feb 24 2022 Published at Coingape under tags  bitcoin news elon musk bitcoin news tesla

The U.S. Securities and Exchange Commission (SEC) has been in the news regarding a legal tussle with Ripple. Now,...

Feb 18 2022

Breaking: Ripple Community Clamors For Elon Musk To Join In Their Fight Against The SEC

The regulatory activities of the SEC have renewed calls for market participants to oppose the agency. Supporters of Ripple have urged Elon Musk to join forces with them to fight against the securities regulator. This is following the Tesla CEO's...

Feb 14 2022

Will Elon Musk Run Starlink Soon Accept Dogecoin (DOGE)?

Feb 14 2022 Published at Coingape under tags  altcoin news bitcoin doge dogecoin elon

Tesla CEO, Elon Musk who is famous for his innovation and tweets, dropped a major hint regarding...

Jan 25 2022

Will McDonald’s Accept Dogecoin Following Elon Musk’s Challenge?

The Dogecoin (DOGE) community has received support from its most popular patron, Elon Musk, in the calls for McDonald's to accept the memecoin. Elon Musk has challenged the fast food restaurant chain to accept DOGE for a chance to see him eat a McDonald's Happy Meal on TV. McDonald's is yet to respond to Musk, The post Will McDonald's Accept Dogecoin Following Elon...

Breaking: Elon Musk Bets McDonalds to Accept Dogecoin (DOGE) As Payment

Jan 25 2022 Published at Coingape under tags  bitcoin news elon musk bitcoin news

Elon Musk's love for Dogecoin seems never ending. Despite ongoing market crash, Tesla CEO today announced to eat a McDonalds happy meal live on TV if McDonalds accepts Dogecoin as payment. This is not the first time...

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