Tag: tesla bitcoin

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...

Jun 13 2022

El Salvador, MicroStrategy and Tesla Lose Of over $1.3 Billion In BTC Holdings

According to an Analytics site, buybitcoinworldwide, business intelligence company MicroStrategy, American electric car company Tesla, and the first country to adopt BTC as legal tender, El Salvador have seen a large...

Feb 08 2022

Tesla Bitcoin Impairment Loss In 2021 Crosses $100 Million Following Price Crash

Tesla remains one of the public companies with the largest bitcoin holdings in the world. The automotive manufacturer had purchased bitcoin which was made public by CEO Elon Musk at a conference. Since then, the company has maintained its position in the digital asset, revealing that it had no intentions of selling its holdings. This has however come at a price as the...

Jan 10 2022

Tesla Owner Mined Up To $800 A Month In Cryptocurrency Using His Car

Mining is no longer a labor-intensive activity nowadays; this term is more associated with cryptocurrency. In...

Oct 21 2021

Musk Shares “69-420” Meme for Bitcoin Price as Tesla BTC profits cross $1 billion

Oct 21 2021 Published at Coingape under tags  bitcoin news btcbrl btcbusd btcdai btceur

Tesla CEO, Elon Musk has tweeted about Bitcoin after a long haul. He has used the popular “69-420” meme to define Bitcoin’s exceptional performance in the ongoing bull run. Furthermore, since the reveal at the B-Word conference about Tesla holding a considerable amount of Bitcoin, this bull run has brought Tesla’s BTC holdings back in The post Musk Shares "69-420" Meme for Bitcoin...

Jul 29 2021

Tesla’s Bitcoin Holdings Back in Profit After BTC Breaks $40K

Jul 29 2021 Published at Coingape under tags  bitcoin news btcbrl btcbusd btcdai btceur

Tesla’s Bitcoin (BTC) holdings were...

Jun 14 2021

Bitcoin (BTC) Jumps 12% Today But Crowd Sentiment for Altcoins Turn Negative. End of Bull Run?

Jun 14 2021 Published at Coingape under tags  altcoin news bitcoin news btcbrl btcbusd btc.d

The overall cryptocurrency market is up 8% as of writing this story with Bitcoin (BTC) shooting 12% taking its overall market dominance above 45%. The Bitcoin price has shot up post-Elon Musk stating that Tesla will once...

May 17 2021

Bitcoin (BTC) Critic Peter Schiff Questions Its “Safe-Haven Asset” Status After Elon Musk’s Tweets

Bitcoin (BTC) has come under severe pressure and has tanked more than 10% after Elon Musk suggested that Tesla might dump its Bitcoin holdings going ahead. "Indeed," Musk seems to be having a strong influence in the crypto...

May 16 2021

Bitcoin (BTC) Supply At Exchanges Hit 4-Month High, Traders Hesitant to Buy the Dips

May 16 2021 Published at Coingape under tags  bitcoin news btc 50000 btcbrl btcbusd btcdai

After crashing under $50,000 earlier this week, Bitcoin (BTC) is struggling to make a move northward. The world's largest cryptocurrency has lost its trillion-dollar status and continues to remain under pressure. At press time,...

May 14 2021

Dogecoin (DOGE) Up 12% After Elon Musk’s Tweet of Working With DOGE Developers

May 14 2021 Published at Coingape under tags  altcoin news btcbrl btcbusd btcdai btceur

It seems Elon Musk has been moving the crypto market at his whims as of now. A day after Tesla announced that it is dropping Bitcoin (BTC) payments citing environmental concerns, Musk is now driving the attention of his followers to Dogecoin...

May 13 2021

After Dropping Bitcoin Payments, Tesla Says It’s Open to Other Cryptocurrencies, Maybe DOGE?

May 13 2021 Published at Coingape under tags  bitcoin news btcbrl btcbusd btcdai btceur

Upon announcing its decision to drop Bitcoin payments citing environmental concerns, Elon Musk's Tesla said that it is open to considering other cryptocurrencies that use less than 1% of the Bitcoin energy. The company specifically...

May 10 2021

Elon Musk’s SpaceX to Accept Dogecoin (DOGE) Payments for Space Missions

After Tesla's moe of accepting Bitcoin (BTC) payments, Elon Musk's space exploration SpaceX announced that it is will accepting Dogecoin (DOGE) payments for its pace missions. This comes just a day after Elon Musk called...

Apr 17 2021

Ark Invest Buys Coinbase (COIN) Selling Tesla (TSLA), Adds Another $64 Million Worth COIN Shares on Day 3

Cathie Wood's Ark Investments is going ultra bullish on its Coinbase (NASDAQ: COIN) bet! In just three trading sessions upon the listing of COIN shares on Nasdaq this Wednesday, April 14, Ark Invest has scooped over $400 million worth of COIN...

Mar 26 2021

Ark Investment’s Cathie Wood Cautions Investors On Buying Tesla With Bitcoin (BTC)

Earlier this week, Tesla CEO Elon Musk announced that the company has started accepting Bitcoin payments against...

Mar 24 2021

Bitcoin (BTC) Shoots 4.5% As Tesla Starts Accepting Bitcoin Payments, Won’t Convert to Cash

Mar 24 2021 Published at Coingape under tags  bitcoin news btcbrl btcbusd btcdai btceur

World's largest automobile company Tesla is once again here to rescue Bitcoin (BTC) from falling further. An hour back, Tesla boss Elon Musk tweeted that the company has started accepting Bitcoin payments against the purchase of any...

Tesla Sets Up Own Bitcoin Node, Promises Bitcoin Won’t be Converted to Fiat

Mar 24 2021 Published at Coingape under tags  bitcoin news btcbrl btcbusd btcdai btceur

Tesla In today opened the Bitcoin payment option on its platform for US customers while promising to avail the same for the rest of the world by the end of this year. There were several reports and speculations about Tesla possibly adding Bitcoin as a payment option ever since it made the $1.5 billion purchase The post Tesla Sets Up Own Bitcoin Node,...

Mar 08 2021

Asian Firms Already Holding Bitcoin Says Binance Founder After China’s Meitu Announces $40 Million Investment

Mar 08 2021 Published at Coingape under tags  altcoin news bitcoin news btcbrl btcbusd btcdai

Chinese firms now seem to be following American corporates so that they don’t miss out on the Bitcoin (BTC) train. In the latest development, China’s video and image processing software...

Feb 09 2021

Apple Likely To Start Crypto Trading Facility Soon: RBC Capital Markets

After Tesla's (NASDAQ: TSLA) announcement of Bitcoin (BTC) purchases on Monday, February 8, all eyes are now on Apple Inc (NASDAQ:...

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