Tesla | Crypto Profit Bot

Binance CEO counters Elon Musk for bringing up Dogecoin issues

November 23, 2021

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The world’s richest man pushes Binance to address some issues related to his favorite digital currency. 5695 Total views 32 Total shares Twitter has become an arena for another cryptocurrency-related battle due to Binance experiencing ongoing issues with Dogecoin (DOGE) withdrawals. Tesla CEO Elon Musk, one of the world’s biggest Dogecoin fans, took to Twitter […]

‘Musk effect’ sees crypto named after SpaceX’s Starlink satellites gain over 140% in 3 days

November 15, 2021

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In a bizarre event, a cryptocurrency with the same name as SpaceX’s satellite range Starlink jumped over 140% as Elon Musk’s space technology company launched 53 of them into the Earth’s lower orbit. Watch Falcon 9 launch 53 Starlink satellites to orbit → https://t.co/bJFjLCzWdK https://t.co/dgHuF6SIZ4 — SpaceX (@SpaceX) November 13, 2021 Written as StarLink (STARL), […]

Dogecoin jumps 44% in one day as traders rotate Shiba Inu profits into DOGE

October 28, 2021

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Dogecoin (DOGE) soared on Oct. 28 amid massive capital rotations out of its top meme coin rival’s market, Shiba Inu (SHIB). Notably, DOGE’s price rallied by a little over 44% to reach its intraday high of $0.3449. Its gains appeared in contrast to SHIB’s losses in the same period. On the other hand, the so-called […]

Volt Equity’s ‘Bitcoin revolution’ ETF goes live on NYSE today

October 28, 2021

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The New York Stock Exchange (NYSE) continues listing Bitcoin (BTC)-linked exchange-traded funds (ETF), with Volt Equity becoming the latest company to debut such a product on the exchange. Volt Equity’s Crypto Industry Revolution and Tech ETF will debut trading on the electronic securities exchange NYSE Arca on Thursday, the company’s CEO, Tad Park, told Cointelegraph. […]

SEC Chair Gary Gensler actually is pro-Bitcoin, Vault Equity CEO argues

October 13, 2021

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Vault recently received approval for an ETF that includes stocks in various crypto-related companies. 499 Total views 16 Total shares The founder of Vault Equity believes that United States regulators have a fair reason to be slow in approving a pure Bitcoin (BTC)-related exchange-traded fund (ETF). Vault Equity CEO and founder Tad Park voiced support for […]

Here’s how Bitcoin options traders might prepare for a BTC ETF approval

August 30, 2021

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Very few events can shake the cryptocurrency markets in a sustainable manner that really sends Bitcoin and altcoin prices into a sharp directional move. One example is when Xi Jinping, China’s President, called for the development of blockchain technology throughout the country in October 2019. The unexpected news caused a 42% pump in Bitcoin (BTC), […]

Tesla reports record $1B income for Q2 despite $23M impairment loss on BTC

July 27, 2021

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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 BTC holdings. 4893 Total views 47 Total shares Electric vehicle and clean energy firm, Tesla, has reported $1.14 billion in net income for the second quarter. The firm’s […]

SpaceX owns Bitcoin, Elon Musk and Nic Carter believe BTC is becoming greener

July 22, 2021

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Tesla CEO Elon Musk has revealed for the first time that his firm SpaceX owns Bitcoin (BTC). The company is yet to officially announce how much Bitcoin it has purchased, however Musk’s other company Tesla purchased $1.5B of the cryptocurrency earlier this year which sparked a major Bitcoin price rally. That rally came to an […]

Pundits say Bitcoin’s brutal quarter could see Tesla report up to a $100M loss for Q2

July 7, 2021

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Analysts believe reporting requirements may compel Tesla to announce a paper-drawdown of between $25 million and $100 million on its $1.5 billion Bitcoin bet. 2244 Total views 7 Total shares Bitcoin’s second-quarter price battering has pundits speculating that Tesla may have to report a loss of up to $100 million for Q2. With the price […]

Elon Musk the hero crypto deserves, but maybe not the one it wants, says exec

June 15, 2021

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The furore created by Musk’s erratic tweets could leave investors out of pocket, but could also bring new eyes to crypto in the long run. 2517 Total views 4 Total shares Elon Musk’s ability to move cryptocurrency markets with his tweets represents a danger to the average investor, says CoinSwap founder Erik Nurm, but the […]

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Category: Tesla