Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
Tesla
SpaceX and Tesla Hold $500M in Bitcoin
The post SpaceX and Tesla Hold $500M in Bitcoin appeared first on Coinpedia Fintech News SpaceX launched its Polaris Dawn mission, marking the world’s first private spacewalk attempt. The four-person civilian crew embarked on a daring mission at 5:23 a.m. ET, making waves in both aerospace and crypto circles. Blockchain analytics platform Arkham Intelligence revealed that SpaceX holds nearly $500 million worth of Bitcoin, reflecting Elon Musk’s bullish stance on crypto. Musk had previously confirmed that SpaceX, alongside Tesla, owns…
9 months ago
Tesla Bitcoin Balance Steady, But Elon Musk Laser Eyes Say Buy
Tesla co-founder and CEO Elon Musk made headlines this week by updating his profile on X (formerly Twitter). The move came amid an important week for crypto, with all eyes in Nashville, Tennessee, for the Bitcoin 2024 Conference. The company announced mixed second-quarter (Q2) earnings and revenue late Tuesday. While earnings dropped by over 40%, sales came in above expectations. Nevertheless, Musk remains optimistic about self-driving cars, the Optimus robot, and robotaxi. Tesla Q2 Earnings Miss, But Bitcoin Stays Firm According…
11 months ago
VeChain Introduces EvEarn.org to Reward Eco-Friendly Tesla Drivers
VeChain announced the launch of Charge2Earn in partnership with EVearn, rewarding Tesla drivers with B3TR tokens, charging discounts and other incentives for their sustainability actions. The project will announce new features at The Hive, an upcoming Web3 and sustainability summit in San Francisco on June 28, organized by VeBetterDAO and VeChain. As the world shifts towards a focus on sustainability, VeChain is seeking to reward electric vehicle (EV) drivers through its newly launched Charge2Earn initiative. As Crypto News Flash reported,…
12 months ago
Tesla Shareholders Approve Elon Musk’s Historic $56 Billion Pay Deal
The post Tesla Shareholders Approve Elon Musk’s Historic $56 Billion Pay Deal appeared first on Coinpedia Fintech News Tesla shareholders showed tremendous support as they strongly voted in favor of Elon Musk’s $56 billion pay package and the relocation of the company’s legal headquarters to Texas. Musk expressed gratitude for the shareholders’ support despite the legal challenges. Notably, it is the largest pay deal in U.S. corporate history, which the Tesla board believes should be awarded to Musk for achieving…
12 months ago
Charge2Earn dApp by VeChain, in Partnership with Tesla, Now Live and Ready to Reward You for Sustainability
VeChain has launched the innovative Charge2Earn application in collaboration with Tesla, offering rewards for sustainable driving practices. The Charge2Earn dApp allows Tesla owners to earn rewards by tracking their vehicle’s energy consumption and distance traveled. EVearn, developed in partnership with VeChain, is now live, offering a sophisticated platform where going green earns rewards. VeChain encourages its community to make eco-friendly choices, rewarding each sustainable action. This initiative aligns with VeChain’s objectives, as highlighted in previous CNF updates such as VeChain’s…
12 months ago
VeChain Partners with EVearn and Tesla Through Charge2Earn dApp to Reward Drivers for Sustainability
VeChain teams up with EVearn and Tesla to introduce the ‘Charge2Earn’ dApp, incentivizing sustainable driving. This collaboration enhances the utility of blockchain in sustainability efforts, potentially boosting VeChain’s value. Recently reported by CNF, VeChain has entered a significant partnership with WoV Labs to push the envelope on ‘Phygital’ tokenization, merging physical and digital assets via Web3 technologies. In their latest venture, VeChain joins forces with VeBetterDAO, aiming to mainstream sustainability by leveraging collective action for environmental impact. This initiative encourages…
1 year ago
Pepe and Raboo Gain Huge Popularity as Tesla Embraces DOGE Payments. Are They Elon Musk’s New Favorites?
With news that Tesla will accept Dogecoin payments, the effect has rippled through the entire meme coin market, with Pepe and Raboo gaining more popularity. Elon Musk has had a positive effect on the meme space in the past, and as Tesla payment methods continue to evolve, what could this mean for the meme market going forward? Elon Musk and Dogecoin: The perfect pair Dogecoin began as a playful experiment but has since grown into one of the most influential…
1 year ago
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TeslaElon Musk’s New Announcement On Tesla Sparks Excitement
The post Elon Musk’s New Announcement On Tesla Sparks Excitement appeared first on Coinpedia Fintech News Elon Musk’s announcement has created a buzz and excitement with his new announcement. He has created a new Tesla community on X, ‘Supercharger Community’ which has 10 members so far along with Musk, and any new candidate would require approval before they join the community. It is most likely created for Tesla users to hold discussions related to their Electric automobiles. Elon also published…
1 year ago
DOGE Skyrockets After Tesla Adds Dogecoin аs Payment Method
Tesla, the renowned electric car manufacturer led by Elon Musk, has officially integrated Dogecoin (DOGE) as a payment option on its website. This month, DOGE has surged over 35%, with the Tesla announcement significantly fueling its rise. Tesla Integrates DOGE Payments Tesla has officially embraced Dogecoin, with the payment page updated to feature the OG meme coin. The addition specifies that DOGE can only be used to pay for select products, including merchandise within the online Tesla Shop. The first…
1 year ago