Tesla, the pioneering automotive giant led by Elon Musk, has disclosed that it retained its entire Bitcoin (BTC) reserves valued at $336 million throughout the fourth quarter of 2023, as confirmed in the company’s latest earnings report. The report detailed that Tesla neither bought nor sold Bitcoin during this period.
A recent X space hosted by Cathie Wood, the CEO of ARK Invest had technology luminary Elon Musk, the CEO of Tesla and SpaceX as one of the speakers. Musk, known for his outspokenness on various topics, provided insights into his perspective on the leading cryptocurrency, Bitcoin during the discussion
Midway through 2024, Elon Musk’s X platform is anticipated to include in-app payment capabilities, however the incorporation of cryptocurrency currently seems distant. In an interview with Cathie Wood of ARK Invest on December 21st, Musk stated his intention to completely deploy payment services by the “middle of next year,” subject
The price of the memecoin named after Elon Musk’s artificial intelligence project, “Grok,” has taken a nosedive, plummeting by over 74%. The sharp decline followed the tweet from blockchain sleuth ZachXBT, who alleged that the token’s social media presence was reused from a previous scam token project, specifically pointing out
Elon Musk’s AI startup, xAI, has unveiled its latest creation, an AI model named Grok, which seems poised to challenge the likes of OpenAI’s ChatGPT. Musk’s teasers on Twitter on November 4 shed spark on this development. Grok, a name recently trademarked by xAI, appears to be a conversational question-answering
In a recent appearance on the Joe Rogan Experience podcast, tech mogul Elon Musk shared his perspective on ordinals in the world of NFTs and the inherent risks within the crypto space. Elon Musk expressed concerns about the high number of scams in the crypto world, particularly in the case
X (twitter), the social media network owned by Elon Musk has been granted permission to provide crypto wallet services in one US state. A recent filing indicated that the firm has been issued a Currency Transmission License by the state of Rhode Island. The platform may now legally provide crypto
The second week of August started with a boom in the crypto market where the unfortunate announcement spread around. The Boss of Twitter (known as ‘X’), Elon Musk has denied the launch of a crypto token for X. Following this denial of scam and rumors by Elon, Dogecoin (DOGE) went
Twitter, the social media platform, has rebranded itself from Twitter to X. Users are more excited about the rebranding and sharing their thoughts on it. A reply from the Twitter boss and Tesla CEO Elon Musk regarding his previous Twitter logo change to a Shiba Inu dog sparks speculations among
Dogecoin (DOGE), the beloved meme coin, witnessed a significant price spike of 14% on Tuesday, from $0.07071 to $0.08299, marking its biggest single-day gain since April. Also, DOGE has flipped Cardano (ADA) to claim the seventh spot in the cryptocurrency rankings in terms of market cap. At the time of
