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“# 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…
“#Tesla drops radar from lower-priced cars amid ‘self-driving’ scrutiny” Tesla said it is dropping radar systems in its lower-priced electric cars in favor of cameras and other AI equipment — even as the company faces growing scrutiny over its “autonomous driving” features. Starting in May, Model 3 and Model Y Teslas sold in North America…
“# Elon Musk reminds followers he really isn’t Dogecoin’s master ” Tesla CEO Elon Musk reminded Twitter followers on Tuesday that despite the recent interest he’s taken in Dogecoin (DOGE) he still has no formal authority over the project. Musk was replying to a comment from a Doge-themed account which opined that he had taken…
“# Michael Saylor says Bitcoin Mining Council required to combat ‘hostile’ narrative ” MicroStrategy CEO, Michael Saylor has explained the details and thinking behind the formation of the Bitcoin Mining Council. The council was formed on May 25 after Saylor brokered a successful meeting between Elon Musk and several top North American Bitcoin mining firms….
“#Tesla fined in Norway for ‘throttling’ battery performance” Tesla has been accused of using software to “throttle” the charging speeds and battery capacity of its electric cars in Norway — and now faces $167 million in government-ordered payouts to angry customers. A 2019 software update for Tesla Model S cars sold in Norway between 2013…