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Tesla
Bitcoin Above $20K on Hopes of Fed Pivot
Delphi Digital Markets Associate Jason Pagoulatos discusses his outlook for bitcoin as the cryptocurrency breaks above $20K amid hopes that the Fed and other global central banks will pivot away from their money-tightening policies. Plus, how Tesla CEO Elon Musk's reported Twitter plans could impact the crypto markets.

Elon Musk Proposes to Proceed With Twitter Acquisition: Report
Tesla CEO Elon Musk has proposed moving forward with his on-again/off-again purchase agreement for Twitter at $54.20 per share, according to Bloomberg. The report comes just weeks before Elon Musk and Twitter are set to go to trial over Musk breaking off the deal.

Elon Musk Considered Creating Blockchain-Based Social Media Firm Before Offering to Buy Twitter
A series of text messages released as part of ongoing litigation over the failed $43 billion Twitter acquisition deal reveals Tesla CEO Elon Musk’s vision for a social media platform that would charge users to put short messages on a blockchain. “The Hash” panel discusses Twitter on the blockchain and Musk’s Web3 push.

Elon Musk Sends a Second Letter to Scrap Twitter Takeover Deal
Tesla CEO Elon Musk sent a second letter calling off his $44 billion acquisition of Twitter, according to a filing with the U.S. Securities and Exchange Commission (SEC). “The Hash” panel breaks down the latest on the Musk-Twitter saga.

Institutional Traders Have Mixed Views About Tesla’s Decision to Sell Bitcoin
“Macro and micro factors are complex, and cash on hand is welcome,” a trader interviewed by CoinDesk said.

Tesla Recorded $64M Gain on Bitcoin Sales in Q2
The electric car company also posted an impairment of $170 million on its remaining bitcoin holdings.

Accounting Rules Make the Outcome of Tesla’s Bitcoin Sale Unclear
After the car maker sold 75% of its bitcoin, Twitter piled on the company for losing money on the sale even though it didn’t.

Does Crypto Still Care About Elon Musk?
Tesla’s initial BTC purchase contributed to a wild, two-year price climb. But markets were unfazed after the car company offloaded most of its bitcoin.

First Mover Asia: Does Tesla Really Believe in Bitcoin?; Altcoins Rise in Thursday Trading
The electric car maker became a proxy for investors looking to take a position in the cryptocurrency without buying it directly, but its recent jettisoning of $936 million of BTC suggests the company wasn’t all that committed to the asset.
