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“# Cathie Wood: BTC investors shouldn’t transact until tax code changed ” Cathie Wood, the founder and CEO of Ark Invest, is cautioning investors not to sell or transact their Bitcoin (BTC) until the United States Internal Revenue Agency, or IRS, introduces more sensible tax policies on digital assets. In a webcast hosted by Cboe,…
“# Bitcoin Cash hits new lows vs. Bitcoin after Tesla snubs ‘fork products’ ” Controversial Bitcoin (BTC) spin-off Bitcoin Cash (BCH) has hit new all-time lows against its parent after Tesla publicly rejected using it for payments. In a series of tweets on March 24, CEO and “Technoking” Elon Musk confirmed that U.S. customers could…
“#Tesla now taking bitcoin as payment for cars, Elon Musk says” Anyone buying a car from Tesla in the US can now pay for it with bitcoin, CEO Elon Musk said Wednesday. Musk broke the news on Twitter about six weeks after his electric-vehicle giant announced plans to start taking payments in the world’s biggest…
“# Bitcoin tackles $56K as Tesla ‘Elon candle’ hits days before record options expiry ” Bitcoin (BTC) recovered above $56,000 on March 24 after a new “Elon candle” put a familiar spring in the step of bulls. BTC/USD 1-hour candle chart (Bitstamp). Source: Tradingview Crunch time at $58,000 Data from Cointelegraph Markets Pro and Tradingview showed…
“# Tesla confirms Bitcoin hodl strategy as new report says BTC should ‘comfortably’ hit $100K ” Bitcoin (BTC) shouldn’t have a problem reaching $100,000 during the current cycle thanks to impressive behavior from hodlers. In their latest newsletter seen by Cointelegraph, analysts from trading suite Decentrader including Cointelegraph Markets contributor filbfilb sought to allay fears…
“# Elon Musk says Tesla now accepts Bitcoin from US customers ” Elon Musk has announced that Tesla cars can now be purchased using Bitcoin (BTC). The electric car company’s CEO and “Technoking” said the firm would operate Bitcoin nodes directly, and would hold on to the Bitcoin it accumulates without converting it to fiat….
“#Elon Musk cozies up to China as Tesla faces growing scrutiny” Tesla CEO Elon Musk is cozying up to China as the electric-car maker faces growing scrutiny in one of its most important markets. The world’s second-richest man reportedly sang Beijing’s praises in a recent interview with state-run China Central Television as he tried to…
“#Feds probing nearly two dozen crashes involving Tesla cars” The feds are actively investigating nearly two dozen crashes involving Tesla cars — three of which have occurred in the last month. The National Highway Traffic Safety Administration said it’s running 23 ongoing probes of Tesla crashes, including this month’s pair of collisions in Michigan and a…
“# Tesla may have made more money holding Bitcoin than selling cars ” It has been 37 days since Tesla announced its $1.5 billion Bitcoin (BTC) purchase in a filing document with the United States Securities and Exchange Commission. While the exact BTC purchase size was not revealed in the document, with Bitcoin trading between…
“#Elon Musk passes on $1 million offer for his NFT techno song” Elon Musk decided not to cash in on the NFT craze after all — turning down an easy million bucks in the process. The billionaire “Technoking of Tesla” released a thumping electronic song about the red-hot digital assets also known as non-fungible tokens…