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3 mins read

Elon Musk hints he's a dogecoin fan because bitcoin just gives power to new rich people

Musk was weighing in on a Twitter discussion joined by bitcoin enthusiast Jack Dorsey and dogecoin …

Shalini Nagarajan   


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2 mins read

A year after Elon Musk's Tesla bought bitcoin, here are 3 risks companies take when putting it on their balance sheet, investment strategist says

The penalty for losing corporate cash by investing in volatile assets like bitcoin can be "severe,"…

Natasha Dailey   


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2 mins read

Tesla's bitcoin holdings fell nearly $1.8 billion in value last year, as Elon Musk called crypto a 'sideshow'

A bloodbath for crypto in 2022 saw Tesla's $1.5 billion bet on bitcoin backfire, as Elon Musk's car…

Ryan Hogg   


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2 mins read

Twitter is divided over Michael Saylor’s suggestion to use orange tick marks for filtering out bots and scammers

Genuine accounts will get an orange tick mark next to their name, whereas bad actors will be forced…

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3 mins read

Elon Musk is ready to accept Bitcoin for Tesla cars provided that renewable energy used for mining is 50% or higher

“I would want to do a little bit more due diligence to confirm that the percentage of renewable …

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1 min read

Sergey Brin and Elon Musk's brother, Kimbal, spotted at Burning Man as attendees struggled to deal with swampy, chaotic conditions

Many figures from the tech industry attended the Nevada event and some were unexpectedly caught up …

Beatrice Nolan   


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2 mins read

'I might pump but I don't dump': Elon Musk outlined his broad approach to crypto investing in a panel also featuring Cathie Wood and Jack Dorsey

"If the price of bitcoin goes down, I lose money. I might pump but I don't dump," Musk said in a pa…

Isabelle Lee   


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2 mins read

Canadian trucker protest raises over $900,000 in bitcoin after GoFundMe blocks millions of dollars in donations

More than 5,000 people have pledged about 21 bitcoin in satoshis to the HonkHonkHodl campaign via c…

Hamza Fareed Malik   


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2 mins read

Nobel laureate Paul Krugman compares Tesla to bitcoin — and says he wouldn't trust Elon Musk to feed his cat

Breathless hype and faith underpin the valuations of both Tesla and bitcoin, but some of Musk's app…

Theron Mohamed   


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3 mins read

Elon Musk is losing his power over the crypto community after his latest tweets failed to boost dogecoin or bitcoin

Critics have slammed the Tesla CEO for sending prices on a rollercoaster and potentially manipulati…

Shalini Nagarajan   


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2 mins read

Michael Saylor's MicroStrategy buys another 7,002 bitcoins for $414 million — keeping its promise to keep adding the crypto

Tech firm MicroStrategy bought the bitcoin in the past two months, when the token hit a record high…

Camomile Shumba   


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2 mins read

Tesla took a $51 million hit on its bitcoin investment in Q3 despite the token soaring 30%. Here's why.

According to Tesla's accountants, the company's bitcoin fell in value during the third quarter, des…

Harry Robertson   


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2 mins read

Elon Musk says he will debate Jack Dorsey about bitcoin, after criticizing the token's energy use

Jack Dorsey asked Elon Musk to discuss his views on bitcoin at an upcoming event. Musk said: "Very …

Harry Robertson   


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3 mins read

Elon Musk joked that McDonald's should accept Dogecoin. Here's why that doesn't make any sense.

"I will eat a happy meal on TV if McDonald's accepts Dogecoin," Musk said on Tuesday morning. McDon…

Ben Gilbert   


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2 mins read

Elon Musk hints that Tesla may dump its billion dollar Bitcoin investment — here’s why his tweets have so much power

While Tesla’s disinvestment is unlikely to happen soon, Bitcoin prices dropped by over $10,000…

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2 mins read

Shiba inu coin skyrockets after an Elon Musk tweet supercharges the token - taking weekly gains to 240%

Shiba inu coin, a meme cryptocurrency akin to dogecoin, has powered higher after Elon Musk tweeted …

Harry Robertson   


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5 mins read

Bitcoin investors love the golden cross and death cross — here’s why they matter but there are other factors to keep in mind

Many in the Bitcoin trading game use the strategy of following the ‘golden cross’ or the ‘death cro…

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1 min read

Bitcoin is too vulnerable to Elon Musk's tweets to put money in, Kleinwort Hambros investment chief says

"Any asset class that basically moves 10% based on one guy's tweets is not fit for purpose," the in…

Harry Robertson   


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1 min read

Elon Musk hits back at Kraken CEO's claim that bitcoin is greener than people say - renewing his criticism of the cryptocurrency

The Tesla boss was unimpressed by Kraken CEO Jesse Powell's claim that bitcoin is greener than peop…

Harry Robertson   


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2 mins read

You can now buy a Tesla with Bitcoin, tweets Elon Musk

To buy a brand-new electric vehicle from US-based Tesla, now you can use cryptocurrency Bitcoin. Th…