Tesla Accepts Dogecoin Obligations because of its Merch, DOGE Rallies
Accepts Tesla

Tesla Accepts Dogecoin Obligations because of its Merch, DOGE Rallies

Source: Twitter, @haydentiffElectric vehicle maker Tesla is experimenting with dogecoin (DOGE) payments, opening up a range of products to the cryptocurrency’s users.The market’s reaction to Tesla’s venture into DOGE has been positive. DOGE rallied 12% in a day and is the second-best performer among the top 100 cryptoassets by market capitalization. Ranked 11th by this…

Tesla reports record $1B revenue for Q2 despite $23M impairment reduction on BTC
Reports Tesla

Tesla reports record $1B revenue for Q2 despite $23M impairment reduction on BTC

Tesla’s latest earnings report showed that the firm conducted no digital asset purchases or sales in Q2, but reported an impairment loss of $23 million on its BTC holdings.

Artificial DeFi Tesla & Apple Shares Exploding in Crypto Marketplace
Cryptocurrency Synthetic Tesla

Artificial DeFi Tesla & Apple Shares Exploding in Crypto Marketplace

The creation of synthetic assets in the decentralized finance (DeFi) ecosystem has given birth to the creation of synthetic versions of Tesla, Amazon, Apple, and other big stocks, creating doubt on the future of stocks.These synthetic stocks have been seen in projects like Mirror Protocol and Synthetix over the past years, where they mimic the…

Elon Musk lays out when Tesla will start accepting Bitcoin payments
accepting Tesla

Elon Musk lays out when Tesla will start accepting Bitcoin payments

Musk responded to a Cointelegraph tweet about Sygnia CEO Magda Wierzycka calling for the SEC to investigate him over alleged Bitcoin price manipulation.

Tesla Stops Accepting Bitcoin Over Environmental Impact Concerns
Cryptocurrency Stops Tesla

Tesla Stops Accepting Bitcoin Over Environmental Impact Concerns

Tesla’s CEO and Founder, Elon Musk, has announced that the company has suspended the use of Bitcoin as a valid payment method for its vehicles due to concerns about the use of fossil fuels for Bitcoin mining.Musk’s announcement came in the form of a Tweet in which he stated that the company was “concerned about…