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“# Sygnia CEO criticizes Elon Musk for alleged Bitcoin pump and dump ” Magda Wierzycka, one of the richest women in South Africa and CEO of financial services company Sygnia, said Tesla CEO Elon Musk would likely have been investigated by authorities regarding recent allegations over his manipulation of crypto prices — if his target…
“# Primal arrogance and greed: Elon Musk slammed for crypto manipulation ” Tesla CEO Elon Musk has been criticized for wielding what many perceive to be irresponsible influence over the cryptocurrency market. Musk regularly took to Twitter to post memes and hot takes on various cryptocurrencies throughout most of 2021, not least Bitcoin (BTC) and…
“#BlackRock’s ‘No. 1’ goal in ‘woke’ investing: Huge ESG-funds haul” Progressives love the story of Engine No. 1, a small activist investor that just fought its way onto the board of what many wokesters consider the most vile company in the world: oil giant ExxonMobil. Most activists — think Paul Singer and Carl Icahn —…
“# When will Elon Musk’s influence on Bitcoin end? ” Elon Musk’s tendency to sway the crypto space with devil-may-care tweets was on display again on Friday, as numerous coins lost between 10–18% in the wake of Musk’s latest Bitcoin (BTC) meme. The Tesla CEO’s tweet which showed a Bitcoin sign next to a broken…
“# Dogecoin gets back to pre-crash prices as $16M in DOGE shorts get liquidated ” Dogecoin (DOGE) prices jumped by nearly 40% on a 24-hour adjusted timeframe on June 2, shaking out more than $16 million worth of bearish leverage in just one hour while almost reclaiming its pre-crash high. Dogecoin derivatives market records massive…
“#Tesla eyes restaurant after filing new trademarks” Would you like fries with your Tesla-burger? Elon Musk-owned Tesla has filed new trademarks to use its branding under a potential restaurant. The electric carmaker filed for three trademarks last week that would allow the company to use its brand in the restaurant business. One mark Tesla filed…
“#Texas-built Teslas must be shipped away before Texans can buy them” Teslas built in the company’s new Austin factory will almost certainly have to be shipped out of Texas before they can be sold to buyers in the state — and Elon Musk is not happy. Under Texas law, automakers are currently forbidden from selling…
“# Bitcoin and Ethereum fees slump to six-month low ” The transaction fees of Bitcoin and Ethereum have slumped to six-month lows as the markets cool after the recent crypto downturn. According to BitInfoCharts, the average price of performing a transaction using Bitcoin has fallen from an early-April all-time high of $62.77 to around $7.20…
“# Number of Bitcoin wallets holding 100-1K BTC soars after Tesla’s $1.5B buy-in ” The amount of Bitcoin (BTC) held by whales increased by around 14% after Tesla announced its foray into the cryptocurrency sector in early February 2021. The latest data from on-chain analytics platform Glassnode shows an inflow of roughly $19.5 billion worth…
“#German police eye far-left activists in fire at Tesla site” German police are investigating whether a fire that broke out overnight at the construction site of Tesla’s first European gigafactory had a political motive, after far-left activists claimed responsibility. The fire at Gruenheide in the eastern state of Brandenburg early Wednesday morning damaged several power…