Terra smash buys $139M Bitcoin, wallet reaches 31,000 BTC
The Bitcoin wallet belonging to Terra amassed a further $139,000,000 in Bitcoin, bringing its total coffers up to 31,000 BTC or $1.47 billion.
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3 Possible Reasons for Bitcoin’s Surge Above $47K
Much has happened in a relatively short period of time. In the past seven days alone, Bitcoin’s price exploded to a 3-month high, tapping levels that we hadn’t seen since…
Crypto vs. physical: Musk-Saylor inflation debate boils down to scarcity
Musk acknowledged that assets that are predominantly scarce — such as physical property and company stocks — help investors in maintaining their purchasing power against high inflations.
Elon Musk Says Starlink Will Not Censor Russian News Sources Despite Government Requests
Spacex CEO Elon Musk says that Starlink has been told by some governments to block Russian news sources. However, he affirmed, “We will not do so unless at gunpoint.” Elon…
Elon Musk Reveals Dogecoin Will Be Accepted at Tesla’s New Futuristic Diner, Drive-in Theater
Elon Musk has revealed that Tesla’s upcoming futuristic diner and drive-in theater, planned for the Hollywood area, will accept the meme cryptocurrency dogecoin. The electric car company currently accepts DOGE…
Top dogs: Newbie Shiba Inu bites back, gains 25% vs. Dogecoin in February
Metaverse craze, token burning events, and increasing merchant adoption have made Shiba Inu outperform Dogecoin so far this month.
Tesla Holding Bitcoin Worth $2 Billion — Sees Crypto as Both Investment and Liquid Alternative to Cash
Elon Musk’s electric car company, Tesla, has filed an annual report with the U.S. Securities and Exchange Commission (SEC) showing bitcoin holdings with a fair value of almost $2 billion…
Bitcoin, Ethereum Technical Analysis: Bitcoin Hits $43,000 After Tesla Announcement
Following a strong weekend, bitcoin’s surge continued to start the week, as Tesla announced close to $2 billion worth of holdings in BTC. Overall, crypto markets were around 3% higher…
Tesla held $2B of Bitcoin as of late 2021, SEC filing reveals
Tesla recorded $101 million of impairment losses on Bitcoin in 2021, with the carrying value accounting for $1.26 billion.
Bitcoin Mining Report Shows Network’s Emissions Account for 0.08% of the World’s CO2
During the last year, Bitcoin — the cryptocurrency network that leverages proof-of-work (PoW) to process transactions and secure the protocol — has received a lot of criticism about its environmental…