Bitcoin market cap flips tech giant Meta, widens gap on Visa

    BTC’s market cap has climbed to the 11th spot amongst top assets by market cap and now sits behind electric vehicle maker Tesla. Despite a turbulent week for crypto following the downfall of Silicon Valley Bank (SVB) and Signature Bank, Bitcoin market cap has managed to flip that of tech giant Meta. At the time of…

    Tesla still holds over $200 million in Bitcoin

    Tesla’s Bitcoin holdings remain unchanged from Q2 2022, or about $218 million worth, the documents released by the car manufacturer say ahead of its Q3 investor relations call. Despite the crypto bear market, Tesla remains one of the largest Bitcoin corporate holders. As Tesla reported to the public on Oct. 19, the company says it…

    Tesla discloses it had sold 75% of its Bitcoin

    Elon Musk’s Tesla revealed that it had sold 75% of its Bitcoin coin because it was concerned about “overall liquidity” due to COVID-19 lockdowns uncertainties in China. This February, Tesla was holding nearly $2 billion in Bitcoin. On June 20, The Tesla team announced this statement in the company’s second quarterly meeting. While looking more…

    Bitcoin and major cryptocurrencies upturn on good news, adding $114B to the crypto market

    Bitcoin surged above $39,000 on Sunday for the first time since mid-June after recent bullish comments from Twitter CEO Jack Dorsey and Tesla CEO Elon Musk. Experts attributed the moves to the lowering concerns over the environmental impact of Bitcoin mining and China’s regulatory crackdown. Despite a recent fall below $30,000, Bitcoin surged up nearly…

    Bitcoin jumped above $39,000 after Musk said Tesla might accept it again

    Bitcoin jumped above $39,000 in the last 24 hours after Elon Musk said Sunday Tesla Inc could accept Bitcoin again in the future. According to Coinbase, Bitcoin’s price surged to $39,095 (9% up) at the start of Sunday trading. Before, Tesla CEO Elon Musk clarified in response to a tweet of Cointelegraph, one of the…

    Hackers Accuse Elon Musk of Destroying Crypto Holders’ Lives and Attempting to Control Bitcoin

    Anonymous, a decentralized international ‘hacktivism’ movement known for cyber attacks against several governments since 2003, posted a video on Friday addressed to Tesla CEO Elon Musk. In the video, they called Musk “nothing more than another narcissistic rich dude who is desperate for attention” and accused him of “destroying crypto holders’ lives” and attempting to…