Tesla reports record $1B income for Q2 despite $23M impairment loss on BTC Tesla’s latest earnings report showed that the firm conducted no digital asset purchases or sales in Q2, but reported an impairment loss of $23 million on its Bitcoin(BTC) holdings. Electric vehicle and clean energy firm, Tesla, has reported $1.14 billion in net…
Elon Musk’s message to Dogecoin holders who want to “make a lot of money” can be found here.
Elon Musk asked if he “can make a lot of money with Dogecoin” in a meme starring Hollywood actor Keanu Reeves and a spin on one of the Matrix movie’s dialogues. Musk is credited for pushing down the price of Dogecoin after referring to it as a “hustle” during an appearance on Saturday Night Live…
Daily Crypto News- Amazon plans to accept Bitcoin payments this year, claims insider
FTX reduces max leverage from 101x to 20x to encourage ‘responsible trading’ Sam Bankman-Fried, the CEO of surging crypto derivatives exchange, FTX, has slashed its maximum leverage in a move to promote responsible trading practices. Crypto derivatives exchange FTX has decided to curb risky trading by limiting the leverage available to its users. Amazon plans…
Daily Crypto News- SpaceX owns Bitcoin, Elon Musk and Nick Carter believe BTC is becoming greenerSpaceX owns Bitcoin, Elon Musk and Nick Carter believe BTC is becoming greener
SpaceX owns Bitcoin, Elon Musk and Nick Carter believe BTC is becoming greener Musk revealed that SpaceX owns Bitcoin and that Tesla may be close to accepting BTC payments again after looking into BTC’s sustainability. Tesla CEO Elon Musk has revealed for the first time that his firm SpaceX owns Bitcoin (BTC). However Musk’s other…
Daily Crypto News- Mastercard Invest in Crypto, Crypto Card Integration
Chainlink onboards an average of 1.4 new partners each day in 2021 Chainlink is onboarding new partners twice as fast in 2021 compared to 2020. Leading oracle provider, Chainlink, has onboarded partner integrations at a rate of more than 1.4 daily during 2021 so far. Dogecoin (DOGE) trading volumes hit billions of dollars in 2021…
Daily Crypto News- Polygon launches blockchain gaming and NFT studio
Institutional demand for Bitcoin evaporates as BTC struggles below $31K A lack of institutional demand and several bearish factors are complicating all efforts to pull Bitcoin price back above the $31,000 level. The rocky road that Bitcoin (BTC) has been on for the past two months continued on July 19 as a widely predicted…