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“# Bitcoin hits $43K all-time high as Tesla invests $1.5 billion in BTC ” Bitcoin (BTC) jumped by almost $3,000 in minutes on Feb. 8 as reported emerged that Tesla had bought $1.5 billion worth of BTC. BTC/USD 1-hour candle chart (Bitstamp). Source: Tradingview BTC price soars above $43,000 Data from Cointelegraph Markets and TradingView…
“# Bitcoin’s Musk effect: Research shows how Elon moves cryptocurrency prices ” The effect of celebrity tweets on the cryptocurrency market has become a topic of study for researchers after a week in which Elon Musk triggered sizable price surges for both Bitcoin (BTC) and Dogecoin (DOGE). Blockchain Research Lab published a paper on Jan….
“#Elon Musk takes break from Twitter after market-moving posts” Investors who take their cues from Elon Musk may have to go without his occasionally bizarre musings for a spell. The billionaire Tesla boss went on a Twitter hiatus after making several posts that moved markets in recent weeks. “Off Twitter for a while,” Musk wrote…
“# BTC billionaire Tim Draper to Elon Musk: I’d buy the Tesla Cybertruck with Bitcoin ” Tim Draper, the billionaire Bitcoin (BTC) investor who also invested early in Tesla, reacted to the company’s CEO and world’s richest man, Elon Musk, adding #Bitcoin to his Twitter bio to join the likes of Twitter CEO Jack Dorsey…
“# Elon Musk adds Bitcoin to Twitter bio with 43.7M followers ” 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 Bitcoin (BTC) spot price. Musk’s bio appeared to be updated…
“# Reddit investing group triggers crypto-style 860% rally in GameStop stock ” Since Jan. 22 GameStop has been attracting a lot of attention from the mainstream news as the stock (GME) for the popular video game retailer rallied 860% from $17.40 on Jan. 4 to a high of $159.18 on Jan. 25. On Jan. 25…
“#Ex-staffer being sued by Tesla denies he stole massive cache of code” Tesla on Friday accused a software engineer of stealing a massive cache of code within days of starting his job — but the ex-staffer claims the case is just a misunderstanding. In a federal lawsuit, the electric-car maker cast Alex Khatilov as a…
“#Elon Musk to award $100M for best carbon capture technology” Elon Musk has $100 million burning a hole in his pocket. The Tesla CEO, who earlier this month became the world’s richest person, said he will award a massive prize to whoever is able to develop the best tool to capture planet-warming carbon emissions. “Am…
“#Seth Klarman likens investors to frogs slowly boiling in a pot” If you start to feel warm — with a sudden urge to hop out of the stock market — there might be a reason for that. A prominent hedge-fund tycoon said investors are like frogs who are getting slowly boiled in a pot as…
“#Tesla Model 3 car reportedly explodes in China” A Tesla Model 3 sedan exploded this week in a Chinese parking garage, according to local media reports. The car blew up Tuesday evening in an underground parking garage in a residential community in Shanghai, where Tesla opened a factory in late 2019, multiple Chinese media outlets…