Why Bitcoin crashed to $26,000: Elon Musk’s SpaceX, Interest Rate fears, or something else?
Bitcoin experienced a sudden drop in price, falling approximately 8% within a span of 10 minutes, leading to speculation from analysts regarding the potential causes. What you need to know: Some theories include Elon Musk’s SpaceX selling its Bitcoin holdings worth $373 million, concerns about interest rate hikes, and the impact of rising government bond […]
Elon Musk-owned SpaceX reportedly sold $373 million of its Bitcoin Holdings
According to a report from the Wall Street Journal, SpaceX, the space exploration company led by Elon Musk, wrote down the value of its bitcoin holdings by $373 million in 2020 and 2021. The report suggests that the company has also sold some of its bitcoin, although the exact amount and timing were not disclosed. […]
MicroStrategy outshines Tesla — we aren’t saying this, the data is
MicroStrategy, led by founder Michael Saylor, has emerged as the leader among public companies holding Bitcoin, according to crypto analyst William Clemente’s comparisons. Explained: Since August 2020, MicroStrategy has been actively accumulating Bitcoin as a long-term strategy, purchasing large amounts and even issuing extra bonds to fund the purchases. Currently, the company holds 152,800 Bitcoins, […]
The X Factor: Musk’s Ambitious Plans for the Future of X
Elon Musk, CEO of X (formerly known as Twitter), has expressed his team’s dedication on X for transforming the platform into the best platform for creators worldwide. Our goal is to make this the best platform for creators around the world! https://t.co/hezPrYWmOp — Elon Musk (@elonmusk) August 11, 2023 In response, accounts focused on XRP […]
99-Yr Old Hungarian Artist’s NFTs Sold For $1.2M
🚀 GM, TGIF! 🎉 It’s finally Friday, and I hope you’re ready to kick back and enjoy some well-deserved relaxation. So, fasten your seatbelts, grab your favorite beverage (a little early won’t hurt, right?), and let’s dive headfirst into the top stories that have been buzzing around this week! 📰🌟 💰 Elon Musk’s Potential Stablecoin […]
I Had My Iris Scanned by the Worldcoin Orb…
🚀 GM, It’s a beautiful Tuesday – so fasten your seatbelts, grab your favorite beverage, and let’s dive into the top stories that have been buzzing around this week! 🚀📚 This newsletter is exclusively written by industry professionals from CoinDesk, Cointelegraph, and esteemed media publications. 💰 Dogecoin: Is it Going to Take Over Twitter? 🚫 […]