Tesla
Nasdaq Pauses Plan for Crypto Custody Service; Dogecoin Pops on Elon Musk Tweet
“CoinDesk Daily” host Jennifer Sanasie breaks down today’s hottest headlines in crypto, as the Nasdaq halts its plans for a crypto custody service. Presidential hopeful Robert F. Kennedy Jr. wants to exempt bitcoin (BTC) from capital gains taxes when it is converted into U.S. dollars. And, Tesla CEO Elon Musk tweets about his fondness for a popular dog-themed cryptocurrency.
AI-Related Crypto Tokens Jump as Elon Musk Unveils New ChatGPT Competitor
AI-related crypto tokens posted gains after Tesla CEO Elon Musk announced a new company focused on artificial intelligence called xAI, as an alternative to ChatGPT. SingularityNET rose 11% over the past 24 hours and Fetch.ai also climbed roughly 7% during the same time period, according to CoinGecko. CoinDesk's Jennifer Sanasie presents "The Chart of The Day."
Elon Musk Unveils New AI Company, xAI
Tesla and SpaceX CEO Elon Musk unveiled a new AI company called xAI, with the goal to "understand the true nature of the universe." "First Mover" hosts discuss what we know about Musk's new company so far and how AI-related crypto tokens reacted to the news.
Nvidia Joins $1 Trillion Club Amid AI Boom
Nvidia's (NVDA) stock is climbing, following the company's latest earnings report. The chipmaker's market capitalization has even surpassed $1 trillion, outpacing companies like Meta and Tesla, according to data from Yahoo Finance. CoinDesk's Jenn Sanasie presents "The Chart of the Day."
Elon Musk Advises Traders to Not 'Bet the Farm on Dogecoin'
Tesla CEO Elon Musk spoke virtually at The Wall Street Journal's CEO Council Summit in London, with the news outlet reporting the billionaire said he's "not advising anyone to buy crypto or bet the farm on dogecoin." "The Hash" panel shares their reactions to Musk's latest comments.
U.S. Is 'Losing' the Bitcoin Movement: Cathie Wood
ARK Invest founder Cathie Wood recently said at a conference that the U.S. is 'losing' the bitcoin movement owing to its regulatory system. "The Hash" panel discusses the state of crypto in the country amid increasing pressure from the regulators. Plus, insights on Tesla CEO Elon Musk advising investors to not "bet the farm on Dogecoin."
Do Kwon Reportedly Faces Montenegro Indictment; Tesla's Bitcoin Holdings Update
According to a report from Bloomberg Law, prosecutors in Montenegro have submitted an indictment proposal for Terraform Labs co-founder Do Kwon. Separately, electric car maker Tesla (TSLA) did not buy or sell any bitcoin in the first quarter of 2023, the company reported in its latest earnings release.
Tesla не внесла никаких изменений в свои активы в Bitcoin в первом квартале
Стоимость Bitcoin на балансе компании осталась на уровне предыдущего квартала и составила 184 миллиона долларов.
SEC Filing Shows Tesla Lost $140M in Bitcoin Last Year
According to a Monday U.S. Securities and Exchange Commission (SEC) filing, Tesla lost over $140 million from its bitcoin (BTC) bets in 2022. "The Hash" panel discusses what this means for bitcoin's narrative as a safe haven asset.
SEC Rejects Ark 21Shares Spot Bitcoin ETF; Tesla’s Q4 Bitcoin Strategy
U.S. Securities and Exchange Commission (SEC) rejected a joint effort by Ark Investment Management and 21Shares to list a spot bitcoin exchange-traded fund (ETF) for the second time. Plus, the latest on electric car maker Tesla (TSLA) not buying or selling any bitcoin (BTC) in the fourth quarter.
