Elon Musk’s electric car company, Tesla, is holding bitcoin worth $1.311 billion. The company did not buy or sell any bitcoin during the second quarter but recorded bitcoin-related impairment of $23 million. Tesla’s action reaffirms Musk’s prior statement that neither he nor Tesla had sold their coins. Tesla’s Q2 Bitcoin Holdings Elon Musk’s Tesla released …
Yearly archives: 2021
Ternoa to List on AscendEX
press release PRESS RELEASE. AscendEX, a global cryptocurrency financial platform with a comprehensive product suite, is excited to announce the Ternoa token (CAPS) listing under the pair USDT/CAPS on July 27 at 1 p.m. UTC. AscendEX and the Ternoa team will jointly launch two limited-time promotional events to celebrate the CAPS listing. The activities will …
Thorchain Trolled by Hacker After Two Successful Seven-Figure Exploits
Thorchain, a popular defi protocol, has been compromised twice in the last two weeks, resulting in losses of over $10,000,000. The hacker responsible for the latest exploit left behind a message detailing the measures that should be undertaken to protect users. Hacker Returns to the Scene to Lecture on Security In another blow against the …
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Tesla reports record $1B income for Q2 despite $23M impairment loss on BTC
Electric vehicle and clean energy firm, Tesla, has reported $1.14 billion in net income for the second quarter. The firm’s July 26 earnings report showed that total revenue grew by 98% year on year (YOY) for Q2, increasing from $6 billion in 2020 to $11.9 billion this year. Tesla attributed the bulk of its growth …
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Goldman Sach’s new ‘DeFi’ ETF is anything but
The proposed fund, dubbed the Goldman Sachs Innovate DeFi and Blockchain Equity ETF, strives to track the Decentralized Finance and Blockchain Index from German financial indices provider, Solactive. The fund will invest at least 80% of its assets into securities, stocks, and depository receipts featured in the index. The filing asserts the index seeks to …
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Bitcoin Price Prediction: BTC/USD Returns to $40,000
Bitcoin Price Prediction – July 26 The Bitcoin price rises within 24 hours to top $40,000 today for the first time since mid-June. BTC/USD Long-term Trend: Ranging (Daily Chart) Key levels: Resistance Levels: $43,000, $45,000, $47,000 Support Levels: $32,000, $30,000, $28,000 BTCUSD – Daily Chart Buy Bitcoin Now BTC/USD is currently retreating below the daily …
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Bitcoin Price Prediction: BTC/USD Trades Close to $40,000 Level
Bitcoin Price Prediction – July 26 After a sudden and bullish price spike, the Bitcoin price prediction moves toward the long-awaited $40,000 resistance. BTC/USD Long-term Trend: Bearish (Daily Chart) Key levels: Resistance Levels: $44,000, $46,000, $48,000 Support Levels: $32,000, $30,000, $28,000 BTCUSD – Daily Chart Buy Bitcoin Now Today, BTC/USD gains more than 11% pullback …
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Bitcoin Cash Price Prediction: BCH/USD Trade Upsurges Relatively
BCH Trade Upsurges Relatively r – July 26The BCH/USD trade upsurges relatively to mark a new valuation uprising in the crypto economy. Price trades around the point of $503 at about 10.49 percentage rate increases. Trade Upsurges Relatively: BCH MarketKey Levels:Resistance levels: $600, $800, $1,000Support levels: $400, $300, $200 BCH/USD – Daily ChartThe BCH/USD daily …
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Best DeFi Crypto Coins And Tokens – July 2021 Week 4
The crypto market has traded in the red zone for the last two months. However, it is gradually welcoming back the bulls, and several decentralized finance (DeFi) protocols are rallying alongside. This article explores the best DeFi crypto coins and tokens you can invest in for future gains. 1. Compound Finance (COMP) Kickstarting our best DeFi …
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Aave Price Up 18.25% to $326.97 – Where to Buy AAVE
Popular decentralized finance (DeFi) protocol Aave has been impressive this year, as its AAVE coin surged 18.25% in the last 24 hours. Like several cryptocurrencies, the AAVE coin hit an all-time high this year but shed off more than half of its value after the crypto market crash. AAVE is currently trading at $326.97. Aave …
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5 Best Cryptocurrency To Buy For Recovery July 2021 Week 4
Looking for the best cryptocurrency to buy for recovery? In this review, we take a rundown at the top cryptocurrencies moving the market with the potential for massive gains. Let’s jump right in. 5 Best Cryptocurrency To Buy For Recovery July 2021 Week 4 1. Binance Coin (BNB) Starting off our list of cryptocurrency to …
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Crypto Analyst Bullish on Bitcoin and Two Additional Altcoins As Crypto Markets Bounce
A high-profile crypto trader and analyst is optimistic about the futures of two altcoins as Bitcoin (BTC) and the crypto market gain momentum. In a series of tweets, the pseudonymous trader, known in the industry as Kaleo, says that he is building positions in Dapper Labs’ non-fungible token (NFT) project, Flow. Kaleo says Flow is …
Bitcoin price drop to $37K has analysts wary of calling a ‘trend change’
Bull market optimism returned to the cryptocurrency market on July 26 after Bitcoin (BTC) price rallied above the $40,000 level for the first time in over six weeks. Today’s rally to $40,581 was a continuation of the July 25 breakout which saw BTC price rocket to $48,110 at Binance af a short squeeze resulted in …
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IMF issues veiled warning against El Salvador’s Bitcoin law
The International Monetary Fund is warning that some of the consequences of a country adopting Bitcoin as a national currency “could be dire.” According to IMF marketing department financial counsellor and director Tobias Adrian and legal department general counsel and director Rhoda Weeks-Brown, a cryptocurrency like Bitcoin (BTC) may catch on in countries without stable …
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Ethereum cofounder to voice “Stoner Cat” in new NFT show starring Mila Kunis
Films and TV shows featuring weed are nothing new, but stoned cats and a novel NFT funding mechanism certainly are. Stoner Cats will be the first-ever TV show paid for by the sale of NFTs. NFT holders get lifetime access, and if proven to be successful, production firm Orchard Farm Productions said it would roll …
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