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Elon Musk Sells Tesla Shares Worth Nearly $7 Billion — Plans to Buy TSLA Stock Back if Twitter Deal Falls Through
10.8.2022
Elon Musk has sold nearly 8 million Tesla shares worth almost $7 billion. “It is important to avoid an emergency sale of Tesla stock” if Twitter forces him to close the $44 billion deal to buy the social media platform, the Tesla CEO stressed. Elon Musk Sells Nearly 8 Million TSLA...
Buyers Hold to Their CryptoPunk-Themed NFTs by Tiffany after Swift Sale
8.8.2022
NFTiffs, a collection of 250 CryptoPunks-themed NFTs by American luxury jewelry retailer Tiffany, has seen a plunge in its sales volume as the buyers haven't rushed to the secondary market yet.
According to NFT data aggregator CryptoSlam, NFTiffs' sales volume has dropped by 32% over the past...
Tiffany & Co. NFT Sale Sells out, Luxury Jewelry Retailer Rakes in $12.5M in Ethereum
7.8.2022
On August 5, 2022, the American luxury jewelry retailer Tiffany & Co. announced that the company’s non-fungible token (NFT) mint called “Nftiff” sold out. Tiffany’s sold 250 Nftiffs for 30 ethereum per Nftiff raking in more than $12.5 million from the sale. The NFTs...
Speculators and Crypto Traders Blamed for Naira’s Plunge, Kenyan Institutions Told to End Dealings With Nigerian Fintechs, CAR Token Sale off to Slow Start
4.8.2022
In this week’s Africa news highlights, the Nigerian central bank blames speculators for causing the local currency’s plunge to a new all-time low on the parallel market. In Kenya, the central bank has told financial institutions to cease having dealings with two Nigerian fintechs...
Sony Says Call Of Duty Is An ‘Essential Game’ Series While Microsoft Argues It Ain’t
3.8.2022
Microsoft, in a bid to downplay the possible ramifications of its attempted acquisition of Activision to various international regulating agencies, is arguing that the Call of Duty publisher it’s spending billions of dollars on doesn’t actually produce any games that could be considered “must...
Central African Republic Token Sale off to Slow Start — $1.26 Million Raised in Under 5 Days
30.7.2022
The Central African Republic’s token sale appeared to have gotten to a slow start after less than 13 million out of the 210 million Sango coins were sold since the commencement of the sale on July 25. The country has claimed its decision to adopt bitcoin has won praise from “other...
Ripple’s Counsel Urges US Lawmakers to Urgently Pass ‘Sensible’ Crypto Legislation Amid SEC Lawsuit Over XRP
30.7.2022
Ripple’s general counsel has urged U.S. lawmakers to pass “sensible crypto legislation” amid a Securities and Exchange Commission (SEC) lawsuit over the sale of xrp. “Rather than providing regulatory clarity through rulemaking, the SEC is bullying crypto markets...
Health and Fitness App Sweat Economy Raises $13M in Private Token Sale to Move to Web3
28.7.2022
The company is teaming with NEAR Protocol to support the move
Ripple CEO Discusses Potential Outcomes of SEC Lawsuit Over XRP
28.7.2022
Ripple’s chief executive has shared his views on possible outcomes of the lawsuit brought by the U.S. Securities and Exchange Commission (SEC) over the sale of xrp, which the regulator claims to be an unregistered securities offering. Ripple’s CEO Discusses Implications of SEC Winning...
NFT Sales Volume Slips 8% Lower Than Last Week — Moonbirds, Electricsheep, Moonbirds Oddities Lead in Sales
26.7.2022
During the last few weeks, non-fungible token (NFT) sales have remained flat and data from the past seven days have shown NFT sales are down 8.11% lower than the week prior. Despite the downturn, a few NFT collections saw significant percentage increases in terms of sales as the collections like...
Tesla Reveals Its Bitcoin Holdings and BTC Sale Profit
26.7.2022
The electric car maker Tesla has revealed that it still holds digital assets worth approximately USD 222m, after saying last week that it had sold 75% of the bitcoin it held on its balance sheet. The company has posted a USD 64m gain on the sale.
The new details of Tesla’s latest bitcoin (BTC)...
LidoDAO rejects sale of 10M LDO tokens to Dragonfly Capital
26.7.2022
The proposal aimed to secure a two-year runway for LidoDAO to carry out its functions in the Lido Finance protocol without worrying about further fundraising
Tesla Reveals Bitcoin Holdings Worth $222 Million in Latest SEC Filing
26.7.2022
Tesla has revealed that it is still holding bitcoin worth $222 million in market value after selling 75% of its crypto holdings. The company recorded realized gains of $64 million on its recent bitcoin conversion into fiat currency. Tesla Realizes Gains of $64 Million From Bitcoin Sale Tesla Inc....
Tesla reports $64M profit from Bitcoin sale
25.7.2022
Elon Musk’s electric vehicle company sold 75% of its BTC in the second quarter. The company’s overall profitability was impacted by inflation and the competition for battery cells
London Luxury Apartment for Sale in Crypto
25.7.2022
Bazaars app, a peer-to-peer marketplace that lets users trade crypto for high-value goods and assets, has listed a multimillion-dollar apartment in London’s Knightsbridge for crypto. The apartment is located in one of London’s most exclusive blocks. The apartment has stunning views...
Accounting Rules Make the Outcome of Tesla’s Bitcoin Sale Unclear
24.7.2022
After Tesla sold 75% of its bitcoin, Twitter piled on the company for losing money on the sale even though it didn’t
Finland Sells 1,889 Seized Bitcoins for $47 Million — Proceeds Going to Ukraine
24.7.2022
Finland has sold 1,889 bitcoins seized in narcotic cases for 46.5 million euros ($47.4 million). The country’s finance minister previously said that the bitcoin sale proceeds will go to Ukraine for humanitarian aid and reconstruction as its war with Russia continues. Finland Sells Bitcoin...
PlayStation’s Summer Sale Includes Big Discounts On Star Wars, Assassin’s Creed, Batman
23.7.2022
Summer means many things, including trips to the beach, eating way too much ice cream, going out on vacation, and according to numerous digital stores, large video game sales. I don’t know when the tradition to hold big sales during summer began, but I’m not going to question all the great deals....
Bitcoin, Ethereum Technical Analysis: ETH Rebounds, Climbing to Over $1,600 on Friday
22.7.2022
Ethereum was back in the green on Friday, as bulls returned to action following yesterday’s selloff. Crypto markets set aside concerns over Tesla’s bitcoin sale, extending this week’s rally in the process. Bitcoin was also up in today’s session, as it headed back towards...
What Tesla’s Big Bitcoin Sale Means for Other Firms Putting Crypto on Their Balance Sheets
21.7.2022
Corporations are likely to remain cautious on adding bitcoin to their corporate treasuries, but not because of Tesla’s move