Tesla CEO could again be behind the 10% drop in bitcoin price after hinting that the company may be planning to dump BTC in reserves.
Tesla has suspended vehicle purchases using Bitcoin due to climate change concerns, its CEO Elon Musk said in a tweet.
Elon Musk has told the crypto community that he has not sold any of his personal Bitcoin, but Tesla has sold around 10% of its BTC holdings.
Binance is launching fractional tokenized Tesla stocks to expand access to traditional assets without having to buy them in full.
Elon Musk strikes again. The business mogul has announced that people can now buy a Tesla with bitcoin, and the crypto tackles €48,000.
Tesla has added support for Bitcoin payments. However, Elon Musk, says only US customers are currently allowed to buy Tesla with BTC.
Elon Musk has lost his crown as the world’s richest man following a sharp correction in Bitcoin and a slump in his Tesla’s stock.
Tesla, the US giant of electric cars, has already made huge gains from its investment in Bitcoin (BTC): a profit of $1 billion.
American entrepreneur Elon Musk once again tweeted about Dogecoin. This time, he called on large holders to sell their DOGE holdings.
Tesla’s stock fell 7% following its announcement that it invested $1.5 billion of its cash reserves in the premier cryptocurrency Bitcoin.