El Salvador has firmly established itself within the cryptocurrency community, notably becoming the first country to adopt Bitcoin as legal tender. The nation has surpassed 5,800 Bitcoin in daily Bitcoin accumulation, reportedly generating over $31 million in profit. This pioneering approach reflects the country’s commitment to integrating cryptocurrency into its
Tesla CEO Elon Musk once again sparked a social media storm by announcing the rebranding of Twitter to “X,” which went live just hours ago. Twitter’s CEO, Linda, tweeted, “X is here! Let’s do this,” alongside a picture of the Twitter headquarters now painted with the “X” logo. The announcement,
Elon Musk, the CEO of Tesla and owner of Twitter, has a playful habit of occasionally expressing his fondness for memecoins. On a recent Wednesday, he continued this trend by tweeting about the popular dog-themed cryptocurrency, Dogecoin (DOGE), which resulted in a sudden 4% price jump within just a few
Tesla, a leading car manufacturer owned by Elon Musk, has announced the reports for the first quarter of 2023. On April 19, it is noted that Tesla neither buy nor sell any of the bitcoins (BTC) that it holds as of Feb 2023. Moreover, the report says that the total
Paul Krugman, the Nobel Prize-winning economist compares Elon Musk’s Tesla stock with Bitcoin (BTC). In an opinion piece recently published in the New York Times, Krugman stated that Tesla has more in common with the dominant currency of the global crypto market. He also expressed that both assets’ prices are based
Elon Musk, the CEO of Tesla, claims that he will not sell any more Tesla stock shares for around two years. During a Twitter Spaces audio chat held on Thursday, Musk disclosed that the economy will be in a severe recession in 2023, with decreasing demand for big-ticket items. Elon
Twitter Inc. will limit voting on significant policy decisions to paying Twitter Blue customers, according to Elon Musk, in one of his first tweets following a poll asking for his resignation. The billionaire leader had earlier asked Twitter users if they thought he should stand down and promised to put all
As per Semafor, Sam is said to be associated with Twitter. The publication mentioned Sam to be holding a $100 million stake in the micro-blogging social media. Twitter chief Elon Musk completely declines this statement. Elon tweeted: No. He may have owned shares in Twitter as a public company, but
Following Elon Musk’s implementation of an “extremely hardcore” culture in the Twitter space, hundreds of Twitter’s employees have resigned from the company. Reportedly, Twitter’s new CEO has recently issued his “ultimatum” on the social media platform to make employees work hard. This prompted several Twitter employees, including engineers, to announce
Twitter CEO Elon Musk has stated that Bitcoin will recover, but it will take time because of the prolonged winter. The Tesla owner is very interested in cryptocurrency and has a lot of influence over the DOGE. In addition, despite the winter around the crypto industry and the collapse of
