Elon Musk News

Tesla’s latest earnings report showed that the firm conducted no digital asset purchases or sales in Q2 but reported an impairment loss of $23 million on its BTC holdings.

Elon Musk and Michael Saylor have emerged as two of the most influential names in crypto. A new sentiment-driven analysis from The TIE and eToro USA reveal the extent of their influence.

Bitcoin has quickly surged to test resistance at $40,000 for the first time this month.

With NFTs, the future of art is in the palm of your hand. Here is a look at the topmost famous artists getting into NFTs right now.

Bulls managed to find some momentum, but holding the $32,000 support level will determine who is the victor of Friday’s $330-million BTC options expiry.

Ranging continues for BTC/USD, but conditions may be right for a late surge to range highs above $40,000.

Musk revealed that SpaceX owns Bitcoin and that Tesla may be close to accepting BTC payments again after looking into BTC’s sustainability.

"I want to do a little more diligence to confirm that the percentage of renewable energy usage is most likely at or above 50% and that there is a trend towards increasing that number," said the Tesla CEO.

Axe is set to drop a limited run of a free Dogecoin-themed body spray dubbed “Dogecan,” which is described as exhibiting a “dank musk.”

DOGE is estimated to have represented up to 5% of all crypto volume during the second quarter of 2021.

The 20-day correlation between Tesla stocks and the Nasdaq 100 index has sharply dropped from 0.83 in mid-June to 0.14 as of this week.

As Bitcoin succeeds, it will have a relationship with Elon Musk, and there is every reason to believe that the relationship will be toxic.

The billionaire’s latest public praise of Dogecoin yields few returns but a lot of mockery.

Bitcoin’s total annual electricity consumption has fallen almost 60% since its all-time peak recorded in mid-May, according to industry data.

Analysts believe reporting requirements may compel Tesla to announce a paper-drawdown of between $25 million and $100 million on its $1.5-billion Bitcoin bet.