Cryptocurrency Market

Cryptocurrency Market

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  • Market Cap: $2,399,169,394,324.12
  • 24h Vol: $53,361,005,239.12
  • BTC Dominance: 56.62%

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tesla’s-sec-filing-shows-bitcoin-fair-market-value-of-$191-million

Tesla’s SEC Filing Shows Bitcoin Fair Market Value of $191 Million

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Tesla’s latest filing with the U.S. Securities and Exchange Commission (SEC) shows that the fair market value of the company’s bitcoin holdings was $191 million at the end of 2022. In addition, billionaire Elon Musk’s electric car company recorded $204 million of impairment losses resulting from changes in the prices of bitcoin. Tesla’s Digital Assets […]

Tesla’s SEC Filing Shows Bitcoin Fair Market Value of $191 Million Read More »

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82% of Millionaires Ask About Putting Crypto in Their Portfolios, Survey Shows

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Asset management firm Devere Group says that 82% of millionaires surveyed have asked their financial advisors about adding cryptocurrencies, such as bitcoin, to their portfolios despite the crypto winter. “Wealthy investors understand that digital currencies are the future of money, and they don’t want to be left in the past,” the firm’s chief executive said.

82% of Millionaires Ask About Putting Crypto in Their Portfolios, Survey Shows Read More »

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Meet Ordinals, the New Bitcoin NFT Engine, and the Drama Surrounding Them

Leave a Comment / Adam Back, Bitcoin, Blockchain, controversy, Crypto Hacked, Cryptocurrency, Dan Held, Ethereum, Featured, Fees, inscriptions, Luke Dashjr, NFTs, Non-fungible tokens, ordinals, Taproot / / / , , , , , , , , , , , , ,

Ordinals, a new way of using and getting content using Bitcoin, are enabling creators to harness the utility of NFTs (non-fungible tokens) directly from the blockchain, essentially creating native Bitcoin NFTs. This has stirred the pot in some circles, which are now discussing if this is the way in which Bitcoin’s blockchain should be used,

Meet Ordinals, the New Bitcoin NFT Engine, and the Drama Surrounding Them Read More »

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Elon Musk Reaffirms Offer to Eat Happy Meal on TV if McDonald’s Accepts Dogecoin

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Tesla and Twitter CEO Elon Musk has reaffirmed his commitment to eat a McDonald’s Happy Meal on TV if the fast food chain accepts the meme cryptocurrency dogecoin (DOGE). Musk originally made the offer a year ago but McDonald’s responded with a counteroffer at the time. Elon Musk, McDonald’s, and Dogecoin Payments Tesla, Spacex, and

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Financial Advisors See Strong Interest in Crypto — 90% Receive Inquiries About Crypto Investing, Survey Shows

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A new survey shows that interest in cryptocurrency remains strong among financial advisors’ clients. “Despite market performance, the most common question was: ‘Should I consider an investment in crypto?’” the survey results reveal. Financial Advisors Bullish About Crypto Long Term Crypto asset manager Bitwise Asset Management published a report titled “Bitwise/Vettafi 2023 Benchmark Survey of

Financial Advisors See Strong Interest in Crypto — 90% Receive Inquiries About Crypto Investing, Survey Shows Read More »

tesla’s-q4-balance-sheet-shows-bitcoin-holdings-worth-$184-million

Tesla’s Q4 Balance Sheet Shows Bitcoin Holdings Worth $184 Million

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Tesla’s latest balance sheet shows the company’s bitcoin holdings worth $184 million. Tesla did not sell any digital assets in the fourth quarter of 2022 despite the crypto winter and contagion in the crypto ecosystem. Tesla’s Digital Assets Valued at $184 Million Tesla Inc. (Nasdaq: TSLA) released its earnings results for Q4 2022 on Wednesday.

Tesla’s Q4 Balance Sheet Shows Bitcoin Holdings Worth $184 Million Read More »

report:-crypto-adoption-hits-new-milestones-—-global-crypto-owners-reached-425-million-in-2022

Report: Crypto Adoption Hits New Milestones — Global Crypto Owners Reached 425 Million in 2022

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Crypto adoption achieved new milestones in 2022, with the number of crypto owners reaching 425 million during the year, a new report by Crypto.com shows. Moreover, the report reveals that the number of bitcoin owners reached 219 million in December while the number of ether owners reached 87 million. Cryptocurrency Adoption Achieves New Milestones Crypto.com

Report: Crypto Adoption Hits New Milestones — Global Crypto Owners Reached 425 Million in 2022 Read More »

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Philippine Authorities Rescue Alleged Victims of ‘Crypto Trafficking Ring’

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Philippine authorities say that they have rescued alleged victims of a “crypto trafficking ring” who were recruited to work in a call center in Cambodia and scam people out of their cryptocurrencies. The authorities are also investigating government employees who may have assisted crypto trafficking syndicates. Alleged Victims of ‘Crypto Trafficking Ring’ Rescued The Philippine

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FBI Seizes Bitcoin From Overseas Scammers Who Posed as US Law Enforcement Officials

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The Federal Bureau of Investigation (FBI) says it has seized bitcoin worth millions of dollars from overseas scammers targeting the elderly. The scammers posed as members of U.S. law enforcement agencies and tricked the victims into transferring money to them for “safekeeping.” FBI Says It Has Seized Bitcoin From Scammers Overseas The U.S. Attorney for

FBI Seizes Bitcoin From Overseas Scammers Who Posed as US Law Enforcement Officials Read More »

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Bank of America: ‘Digital Currencies Appear Inevitable’

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Bank of America says “digital currencies appear inevitable,” adding that central bank digital currencies (CBDCs) and stablecoins are “a natural evolution of today’s monetary and payment systems.” The bank expects “private sector beneficiaries to emerge in all phases of CBDC implementation.” Bank of America on Future of Money and Payments Bank of America (BOA)’s global

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