Ferrari’s Bitcoin acceptance is major market win, says CoinFlip CEO

Ferrari’s decision to allow U.S. residents to buy its cars in exchange for cryptocurrencies like Bitcoin (BTC) has become one of the biggest market wins in 2023, according to the CEO of the Bitcoin ATM operator CoinFlip.Ferrari has been aware of the growing demand from clients for alternat ...

Will weakness in Magnificent 7 stocks spread to Bitcoin price?

The mega-cap tech stocks, which saw a robust start in 2023, are now grappling with massive trillion-dollar losses, leaving their shareholders concerned. Wall Street's unease over surging bond yields and higher interest rates has cast a shadow on these companies. Traders are now pondering the pote ...

‘Magnificent seven’ tech stocks tumble a whopping $280B as crypto surges

More than $280 billion has been wiped from the “magnificent seven” tech stocks following the release of several earnings reports on Oct. 25, triggering fears of a looming tech recession.The so-called “magnificent seven” refers to the top seven blue-chip tech firms i ...

Tesla earnings: Bitcoin bags untouched as firm splashes out on AI

Electric vehicle maker Tesla made no changes to its sizeable Bitcoin (BTC) holdings for the fifth quarter in a row. However, it has directed more funds to double its computing capacity amid artificial intelligence (AI) efforts.Tesla’s Q3 2023 results released on Oct. 18 show as of Sept. 30 ...

Gamers can now explore Mars in Tesla-inspired Cybertrucks — Here’s how

The Web3 game Mars4, which allows players to explore the surface of Mars, has unveiled two new exclusive rovers inspired by Tesla's Cybertrucks.For decades, space enthusiasts have had a fascination with Mars. NASA's Perseverance rover is giving us regular insight on what life is lik ...

Why is Dogecoin price up today?

Dogecoin (DOGE) price is up roughly 5% in the last 24 hours, mirroring trends elsewhere in the cryptocurrency market.Grayscale news pumps DogecoinDespite DOGE price being down 2.4% on Aug. 30, it's still up 5% from yesterday's lows, while the total crypto market capitalization has g ...

Tesla’s diamond hands: EV maker’s Bitcoin holdings see no change in Q2

For the fourth quarter in a row, Tesla hasn’t sold or added to its digital asset holdings, with the electric vehicle manufacturer continuing to hold $184 million worth of its remaining Bitcoin (BTC).In Q2 2023 earnings released on July 19, the net value of Tesla’s Bitcoin holdings stood at ...

Elon Musk’s lawyers respond to motion to kick Tesla team off Dogecoin case: ‘Waste of this court’s time’

Lawyers representing billionaire Elon Musk and Tesla asked a United States district court judge to toss out a motion to have them sanctioned over alleged conflicts of interest in a $258 billion lawsuit alleging Musk participated in an illegal racketeering scheme related to the Dogecoin (DOGE) cry ...

Elon Musk calls for AI regulatory oversight: Report

Twitter's executive chairman Elon Musk continues to push for more regulatory oversight of artificial intelligence, claiming it may be "smarter than all humans at everything" in the future.In a video keynote address at a Chinese government-backed AI conference on July 5, Musk reportedly not ...

Mark Zuckerberg’s jiu-jitsu or Elon Musk’s street-fight ‘walrus’ — Who will win?

Meta founder and CEO Mark Zuckerberg has emerged as a clear favorite among betters in a proposed “cage match” with Twitter owner and Tesla CEO Elon Musk. In the 48 hours since the Mixed Martial Arts (MMA) challenge was issued by Musk, sports betting firms and odds providers hav ...

Analysis of April’s Crypto Market and Historical Data for May

Let's look at April results in the crypto market And the historical data for May April was a tumultuous month in the crypto world. It will be remembered for bank panics, new U.S. crackdowns, high-profile scams and unfounded rumors. Such news from time to time ...

Technical Analysis of Dogecoin: Potential Bullish Breakout from Descending Channel

Dogecoin is trading near the resistance line of the descending parallel channel. A bullish break out of it could trigger a rapid rise in DOGE Earlier this week, the popular meme coin Dogecoin (DOGE) was in the spotlight amid news that Tesla and SpaceX founder Elon Musk asked a US court to dismiss ...

Elon Musk’s Lawyers Seek Dismissal of $258 Billion DOGE Lawsuit

Lawyers representing Elon Musk, the CEO of both Tesla and SpaceX, are seeking the dismissal of a $258 billion lawsuit filed against him in 2022 by a Dogecoin investor. Keith Johnson, the investor, accused Musk of engaging in a fraudulent scheme involving Dogecoin and falsely representing the cryp ...

Elon Musk Admits to Boosting Dogecoin’s Value with a Tweet

On February 22, the CEO of Twitter, Tesla, and SpaceX, Elon Musk, made a short post on Twitter about a dog that significantly increased the value of the meme cryptocurrency, Dogecoin. Within half an hour of Musk's tweet, the value of DOGE rose by 7%, and there was a weekly increase of almost 2%. ...