Here’s How Much Elon Musk’s Tesla And SpaceX Have Made From Their Bitcoin Holdings

Here’s How Much Elon Musk’s Tesla And SpaceX Have Made From Their Bitcoin Holdings

[ad_1] A new report has revealed the total Bitcoin assets held by Elon Musk’s Tesla and SpaceX companies and how much profit they’re seeing so far.    Tesla And SpaceX Bitcoin Holdings Unveiled On Thursday, March 7, Arkham Intelligence, an AI-based blockchain analytics platform, revealed the Bitcoin holdings of SpaceX and Tesla, two companies co-founded by … Read more

U.S. Added 275K Jobs in February; Unemployment Rate Unexpectedly Rose to 3.9%

U.S. Added  275K Jobs in February; Unemployment Rate Unexpectedly Rose to 3.9%

[ad_1] Disappointment about easier Fed policy, however, hasn’t translated into any difficulty in asset markets, where the major U.S. stock averages and the price of gold are all at or near all-time highs. As for bitcoin, it too has hit a new record this year, though any concerns about the economy or path of interest … Read more

Coinbase Upgraded to Neutral as Goldman Sachs Ends Bearish Stance

Coinbase Upgraded to Neutral as Goldman Sachs Ends Bearish Stance

[ad_1] The exchange has seen fundamental benefits from “increasing price on the simple trading platform, while maintaining market share, a renewed commitment to greater expense control and profitability in all market environments and tailwinds from higher interest rates as a result of COIN’s 50% revenue share of the interest income earned on USDC reserve balances,” … Read more

Bankrupt Cryptopia Exchange to Return Crypto to Some Creditors

Bankrupt Cryptopia Exchange to Return Crypto to Some Creditors

[ad_1] Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, … Read more

AI Crypto Tokens Like Render, WorldCoin Are ‘Overvalued’: Coinbase Research

AI Crypto Tokens Like Render, WorldCoin Are ‘Overvalued’: Coinbase Research

[ad_1] In their report, “Crypto’s AI Mirage,” Coinbase Research has issued a nuanced examination of the intersection between artificial intelligence (AI) and crypto, revealing a landscape fraught with overvaluation and speculative fervor. David Han, an Institutional Research Analyst at Coinbase, spearheads this analysis, providing a critical lens through which the future of AI crypto tokens … Read more