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Tesla
Tesla Records $101M Impairment Loss on Bitcoin Holdings for 2021
The company said it invested $1.5 billion in bitcoin in the first quarter of the year.
Tesla Reports Bitcoin Holdings Unchanged in Q4
The electric car maker did not buy or sell any of the bitcoin held on its balance sheet, nor did it record any impairments.
Fake Grimacecoin Jumps 285,000% After McDonald’s’ Tesla Joke
"Grimacecoin," a token created after a McDonald’s joke tweet, surged as much as 285,641% for a few hours Wednesday. Tesla CEO Elon Musk tweeted, “I will eat a happy meal on TV if McDonald’s accepts Dogecoin," to which McDonald's replied, “Only if Tesla accepts grimacecoin,” referencing its purple mascot fashioned after a taste bud. "The Hash" panel discusses the latest instance of Musk's influence on the meme economy.
Dogecoin Surges as Payments Go Live on Tesla Store
Dogecoin (DOGE) payments went live on the Tesla store during Asian hours Friday, with prices seeing an 11% increase shortly afterward. This comes after Tesla CEO Elon Musk said the electric-car maker would accept dogecoin as payment for its merchandise in December. Earlier this year, Tesla started accepting bitcoin.
Dogecoin Surge Sees Short Traders Lose $8M After Tesla Store Addition
Leveraged traders betting on an upside lost another $4 million on margin calls.
Dogecoin Surges 11% as Payments Go Live on Tesla Store
Users can purchase belt buckles, chargers, and other merchandise as of Friday.
Market Wrap Year-End Review: Bitcoin Peaks as Coinbase Goes Public
Tesla’s bitcoin acceptance helped to send the BTC price to an all-time high near $65,000 in April, almost unthinkable just a few months earlier. Coinbase’s direct stock listing marked the exact date of the market top.
Dogecoin Co-Creator: DOGE Is the ‘Most Amusing Thing on the Internet’
With Tesla’s plan to accept dogecoin for merchandise payments, DOGE co-creator Billy Markus, or "Shibetoshi Nakamoto," speaks on the “perfect confluence of events” that made 2021 the year of the DOGE. Plus, an insider perspective on the strength of the dogecoin community and how events like the GME short squeeze factored into this meme-based cryptocurrency's explosion.
Week Ahead: What’s Next for BTC Price, Possible Global Crypto Crackdowns, Alternatives to Bitcoin
Exploring what’s to come next week in the world of bitcoin as hopes of a Santa Claus Rally bringing BTC to $100K seem dim, and central banks around the world considering potentially banning crypto. Plus, Tesla CEO Elon Musk suggests dogecoin is better than bitcoin for payments, but is it true?