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Elon Musk offloaded a substantial amount of Tesla stock to meet tax obligations, driving TSLA price down more than 10%.
Bitcoin (BTC) reacted positively to the rise in the CPI inflation, however, tanked sharply later on resulting in $700 million worth of liquidations in a very short while.
Seeing the inflation data, investors appear to take capital away from some sectors of the stock market like tech and pump it into other sectors.
Some bondholders of Evergrande have not received coupon payments by the end of the 30-day grace period at the close of Asia business on Wednesday.
The interview shows no signs or gives no indication of exactly how much the tech veteran invested in digital currencies.
Tesla stock has gained approximately 149.42%, 45.04%, 44.16%, and 27% in the past year, YTD, three months, and one month respectively.
Amid the rapidly increasing adoption of all crypto-related projects, the Reddit co-founder said he is ready to commit $100 million into decentralized social media projects on the Solana blockchain.
The world’s two largest cryptocurrencies are once again leading the overall crypto market by sending clear signals of the beginning of the next major crypto bull run.
As the US government passed the $1 trillion infrastructure bill, stocks from the materials and industrials sectors, likely to benefit the most, registered major gains on Monday.
Bitcoin has now hit a new all-time high price and continues steadily as the network prepares for the upcoming Taproot upgrade.
The Solana blockchain has been on a solid growth trajectory amid rising demand from DeFi protocols along with the announcement for the new GameFi ecosystem.
Ethereum is currently rising and shows no signs of slowing down even as its price now tops $4,700 for the first time ever.
Based on TSLA’s previous closing of $1,222.09, the worth of the CEO’s 10% shares is nearly $21 billion.
As a billion-dollar tech company, Nvidia has seen its stock rally during the past two years when Covid-related challenges affected global businesses.
The surge of the Nasdaq Composite to its ATH was also supported by the impressive job data that was better than analysts’ projections.