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Bitcoin News Roundup for May 11, 2020
Bitcoin's third halving, Consensus:Distributed and a pullback after the bulls make another run at $10,000. It's Markets Daily from CoinDesk.
Bitcoin's third halving, Consensus: Distributed and a pullback after the bulls make another run at $10,000.
For early access before our regular noon Eastern time releases, subscribe with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox, Stitcher, RadioPublica or RSS.
This episode is sponsored by ErisX, The Stellar Development Foundation and Grayscale Digital Large Cap Investment Fund.
Today's stories:
CME Says Volume Surge Shows Strong Institutional Interest Before Bitcoin Halving
Coinbase Suffers Brief Outage as Bitcoin Tumbles 10% in 30 Minutes
North Korean Hackers Ramp Up Efforts to Steal Crypto Amid Coronavirus Pandemic
Croatian Financial Regulator Approves Bitcoin Fund
Blockchain Bites: Your Guide to Consensus Distributed
For early access before our regular noon Eastern time releases, subscribe with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox, Stitcher, RadioPublica or RSS.
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CNBC reported Tuesday that Musk is discussing a merger between Tesla and SpaceX that would tie his tech empire closer together and instantly create the world’s fifth-largest corporate bitcoin treasury, worth $3.3 billion.
What to know:
- Elon Musk is exploring a potential merger of Tesla and SpaceX, a move that would deepen operational overlap in areas such as power infrastructure and AI-related computing.
- A combined Tesla-SpaceX entity would control about 30,221 bitcoin, worth roughly $3.3 billion, making it the fifth-largest public corporate holder of the cryptocurrency.
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