Some of Musk’s 43 million followers might have noticed, after Bitcoin rallied nearly 14% in the 30 minutes following his bio update. When the richest man in the world Elon Musk updated his Twitter bio on Jan. 29 — simply adding the word ‘Bitcoin’ — it was followed by a near-immediate 13% increase to the…
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His last reported Bitcoin holdings were 0.25 BTC. Elon Musk, CEO of SpaceX and Tesla, has surpassed the net worth of Amazon founder Jeff Bezos. “Elon Musk has become the world’s richest person, as his net worth crossed $185bn (£136bn),” the BBC reported on Thursday. The futuristic businessman gained staggering wealth last year. “Musk started…
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A healthy price boost to both BTC and DOGE comes as hodlers can now afford a whole Tesla Model 3 with a single Bitcoin. Bitcoin (BTC) hodlers can now all own a Tesla electric car — as long as they have at least 1 BTC in their wallet. As BTC/USD crossed $34,000 at the weekend…
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Satoshi Nakamoto mined the first Bitcoin block 12 years ago today. Since Satoshi Nakamoto mined the first Bitcon block on Jan. 3, 2009, the crypto asset has led to substantial gains for investors given its meteoric rise in the last week alone. The price of Bitcoin (BTC) reached parity with the U.S. dollar almost ten years…
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Coronavirus and renewable energy are among the triggers of huge dividends for holders of certain equities this year. Bitcoin (BTC) has wowed investors with all-time highs and year-to-date returns of over 200% — but there are stocks that still beat it. As of Dec. 22, markets’ data shows that no fewer than five companies’ stocks…
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Tesla and Bitcoin price surged higher after recovering from a sharp correction, leading analysts to take a closer look at the BTC to S&P 500 correlation. On Sept. 9 the price of Tesla stock surged 10.92% after undergoing a 21% plunge earlier in the day. Coincidentally, the price of Bitcoin (BTC) also soared by nearly…
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In light of newly expanded qualifications for accredited investors, Law Decoded looks at recent interactions between crypto and public companies. Editor’s note It is a cruel twist of fate that during the first hiatus week in Law Decoded’s existence, the SEC put out long-awaited updates to accredited investor qualifications. Upon reading the news, your faithful…
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The FBI have arrested one of the conspirators in a planned ransomware attack against electric car maker Tesla. A young Russian citizen and his co-conspirators came within an inch of carrying out a major ransomware attack against Tesla — unaware that their target had already turned them in. Last week, the United States Federal Bureau…
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Maybe Musk just hasn’t checked his Twitter mentions? Aave co-founder and CEO Stani Kulechov really wants Tesla to join the decentralized finance (DeFi) craze. Kulechov tweeted at Tesla CEO Elon Musk offering to tokenize Teslas as collateral in Aave (LEND) to borrow assets such as U.S. Dollar Coin (USDC) and even invited Musk to learn…
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Bitcoin and Tesla are the talk of the town throughout the USA. All eyes are on Bitcoin (BTC), crypto’s largest coin by market cap, and Tesla, a future-centric car company run by eccentric billionaire Elon Musk, thanks to a standout year for both assets. Tradable equity in Tesla, under the ticker TSLA, has captured more…
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