Cryptocurrency Analysis and News Portal
Electric car maker Tesla (TSLA) took an impairment charge of $51 million in the third quarter to account for its bitcoin holdings.Elon Musk’s electric vehicle company reported no new sales or purchases of digital assets, according to its 3Q earnings presentation. The company currently holds $1.26 billion in bitcoin.Bitcoin gained
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Tesla CEO Elon Musk thinks governments should not try to regulate cryptocurrency. “I would say, do nothing,” he recommended. Musk believes that it is not possible to destroy crypto, but governments can “slow down its advancement.” Elon Musk Says Governments Should ‘Do Nothing’ and Leave Crypto Alone Tesla CEO Elon Musk discussed
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As global regulators continue to scrutinize the cryptocurrency industry, Tesla CEO Elon Musk has expressed support for crypto, calling it undestroyable.“It is not possible to, I think, destroy crypto, but it is possible for governments to slow down its advancement,” Musk said at the Code Conference in California, CNBC reported
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NFTs are in VogueReaders of high-end fashion magazine Vogue Singapore will be able to fight for a chance to purchase two tokenized front cover images.The front cover of Vogue’s September issue will feature QR codes allowing readers to sign up for an auction of two one-of-a-kind “virtual-only covers.” While Vogue
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Besides Musk, Cook has also owned up to not having met with Musk on no occasion when he appeared on the New York Times Sway Podcast.The claims published in Tim Higgins new book ‘Power Play: Tesla, Elon Musk and the Bet of the Century,’ that the Tesla Inc (NASDAQ: TSLA)
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Tesla CEO Elon Musk may have a role to play in dragging the price of Bitcoin down, hence, paving the way for the impairment loss suffered by the firm.American electric vehicle and clean energy company, Tesla Inc (NASDAQ: TSLA) has posted its second-quarter earnings results in which it revealed a
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