Tesla reports $600M Bitcoin gain in Q4 using new accounting rule
Tesla has used a new crypto accounting rule to book a nearly $600 million net gain on its Bitcoin holdings in the fourth quarter of 2024.
Related Posts


Climate Chain Coalition advocates for the creation of a green economy at COP26
Delegate representatives from the Climate Chain Coalition spoke at the United Nations Climate Change Conference, also known as COP26, in Glasgow, Scotland on Tuesday.The Climate Chain Coalition, or CCC, is a global environmental initiative consisting of 250 member organizations and individuals aligned to utilize blockchain, distributed ledger, or DLT, and other promising digital technology solutions…

Startup demos upcoming decentralized GPU infrastructure network to OpenAI, Uber
A project that started out as an institutional-grade quantitative trading system for cryptocurrencies and stocks has transitioned to become a decentralized network sourcing GPU computing power to serve increasing demand for artificial intelligence (AI) and machine learning (ML) services.Io.net has developed a test network that sources GPU computing power from a variety of data centers

Bitcoin stays flat at $26K after PPL data as markets await Fed’s Powell
BTC price action shrugs off the latest signs that inflation is receding, with Bitcoin traders focused on Fed comments. 224 Total views 1 Total shares Bitcoin (BTC) stuck to $26,000 on June 14 as fresh United States macroeconomic data prints failed to move cryptocurrency markets.BTC/USD 1-hour candle chart on Bitstamp. Source: TradingViewPPI offers Bitcoin bulls…
Fed rate pause triggers traders’ pivot to stocks — Will Bitcoin catch up?
After a momentary retest of the $25,000 support on June 15, Bitcoin (BTC) gained 6.5% as bulls successfully defended the $26,300 level. Despite this, the general sentiment remains slightly bearish as the cryptocurrency has declined by 12.7% in two months.The dismissal of Binance.US's temporary restraining order by United States district court Judge Amy Berman Jackson…

Celo president Rene Reinsberg explains why the protocol is optimizing for mobile
Celo president Rene Reinsberg believes Web3 adoption will require more block space and that Celo will be what the majority will choose on smaller screens. 91 Total views 10 Total shares Own this piece of history Collect this article as an NFTOn Episode 10 of Cointelegraph’s Hashing It Out podcast, Celo president Rene Reinsberg joins…

3 reasons why Enjin (ENJ) price has rallied 800% over the last month
Nonfungible tokens (NFTs) have taken the world by storm as stories of record-breaking digital art sales now regularly appear on mainstream news outlets and popular culture. One project that has been well-positioned for years to capitalize on this growing trend is Enjin Coin (ENJ), whose co-founder Witek Radomski was also involved in the development of the…

The Law Is Coming for Bitcoin, Warns Satoshi Claimant Craig Wright
The man who claims to be Satoshi Nakamoto says 2020 is the year the law comes for Bitcoin. Writing on his personal blog, Craig Wright offered a view of Bitcoin’s future which doesn’t bode well for operators of Bitcoin’s Lightning Network, or the coin’s miners.One of Bitcoin’s biggest attractions is its supposedly permissionless, authority-resistant nature.…

Brit who consulted North Korea on crypto reportedly detained in Moscow
Earlier, Christopher Emms was released by Saudi authorities due to the lack of evidence against him. 104 Total views 2 Total shares Own this piece of history Collect this article as an NFTThe local bureau of Interpol detained a British national charged by the United States Department of Justice (DoJ) in Moscow. He’s being alleged…