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Bitcoin News Roundup for May 8, 2020

Bitcoin bumps against six figures while a cancelled crypto event draws legal ire. It's CoinDesk's Markets Daily podcast.

Aggiornato 11 dic 2022, 7:50 p.m. Pubblicato 8 mag 2020, 4:00 p.m. 1 min readTradotto da IA
MD FEB 27 RELEASE

Bitcoin bumps against six figures while a cancelled crypto event draws legal ire. It's CoinDesk's Markets Daily podcast.

This episode is sponsored by ErisXThe Stellar Development Foundation and Grayscale Digital Large Cap Investment Fund.

For early access before our regular noon Eastern time releases, subscribe with Apple PodcastsSpotifyPocketcastsGoogle PodcastsCastboxStitcherRadioPublica or RSS.

Today's stories:

Coinstar Plans Massive Expansion of Coinme Bitcoin ATMs as Usage Spikes

One of Bitcoin's Earliest Miners Is Dedicating $66M in Crypto to a Fund of Funds

First Mover: Search Interest in Bitcoin's Halving Reaches Fever Pitch as Price Hits $10K

'Massive Adoption' Conference Organizer Sued After Refund Delays

Andy Serkis' Hobbitathon

For early access before our regular noon Eastern time releases, subscribe with Apple PodcastsSpotifyPocketcastsGoogle PodcastsCastboxStitcherRadioPublica or RSS.

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(Win McNamee/Getty Images)

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.