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The Latest Breaking News from Bitcoin

Benzinga Before The Bell: Baidu Beats Tesla, Finland Sells $47.5M Bitcoins, Tesla's Bitcoin Sale And Other Top Financial Stories Thursday, July 21

CNBC

Benzinga

Tesla Dumped 75 Percent Of Its Bitcoin Holdings For $936 Million

In March 2022, Tesla still believed "in the long-term potential of digital assets both as an investment and also as a liquid alternative to cash."

InsideEVs

ANZ grows, Tesla disappoints, and inflation keeps surging in this week’s market wrap

The ASX200 traded to its highest level in more than a month this week. Here are five of the biggest events that caught investors' attention.

The New Daily

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Tesla Stock Leaps On Q2 Earnings Beat; Elon Musk Muses On Bitcoin Sale, 'Embarrassing' Car Prices

"We have the potential for a record-breaking second half of the year (but) this is obviously subject to force majeure; things outside of our control," said CEO Elon Musk.

The Street

Dogecoin Loses Steam Again Despite Elon Musk's 'Upgrades' Tweet

Dogecoin (CRYPTO: DOGE) traded 3.5% lower at $0.07 over 24 hours leading up to early Thursday morning. DOGE fell lower in tandem with other major coins as the global cryptocurrency market cap dropped 3.8% to $1 trillion at press time.

Benzinga

Tesla sells 75% of Bitcoin investment in crypto U-turn

Elon Musk has a complicated relationship with cryptocurrency

Evening Standard

Tesla Hasn't Sold Any Dogecoin, But Elon Musk Says Bitcoin Sale 'Shouldn't Be Taken As A Verdict'

Tesla Inc (NASDAQ: TSLA) reported its second-quarter earnings after the closing bell on Wednesday, beating analysts’ top and bottom line estimates. Here are key figures from the report compared with Wall Street's predictions.

Benzinga

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Did Tesla Make Money On Its $1.5B Bitcoin Purchase?

Electric vehicle leader Tesla Inc (NASDAQ: TSLA) was the talk of the town when it announced a $1.5 billion purchase of leading cryptocurrency Bitcoin (CRYPTO:

Benzinga

Bitcoin, Ethereum Flat, Dogecoin Among Top Gainers: Why This Analyst Says Tesla's Apex Coin Sale Implies Crypto Bottom Is Close

Bitcoin and Ethereum traded flat but Dogecoin spiked as the global cryptocurrency market cap fell 0.9% to $1 trillion at press time.

Benzinga

Hit by China shutdown, Tesla boosts auto prices and sells bitcoin

New York (AFP) - Tesla reported solid quarterly earnings Wednesday despite a hit from Covid-19 lockdowns in Shanghai that Chief Executive Elon Musk said prompted the company to liquidate most of its bitcoin holdings.

AFP

Square Enix contributes to Bitcoin startup’s $35 million funding round

The Final Fantasy publisher was among several companies investing in blockchain gaming startup Zebedee.

USA Today Sports Media Group

Musk Promises Tesla Will Buy Back Bitcoin in the Future

The billionaire also claims that Tesla has not yet sold its Dogecoins.

The Street

Here Is Everyone (For Now) 3 Arrows Capital (3AC) Owes Money To

As Three Arrows Capital (3AC) goes through the liquidation process mandated by the Order of the Eastern Caribbean Supreme Court in the High Court of Justice in the British Virgin Islands, the full depth of the company's implosion and its effect on the crypto industry is starting to become clear.

Benzinga

IndyCar at Iowa – Start time, how to watch, entry list & more

All you need to know ahead of the 11th and 12th rounds of the 2022 NTT IndyCar Series, the double-header Hy-Vee IndyCar Race Weekend at Iowa Speedway.

Motorsport

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Tribune News Service

Tesla beats profit estimates, keeps 50% target for output growth

Tesla Inc. reported second-quarter earnings that beat Wall Street estimates, reflecting the company’s progress in getting production back on track while tackling supply-chain hurdles and Covid lockdowns at its factory in China.

The Street

Elon Musk and Tesla Aren't Big Bitcoin Fans Anymore

The electric vehicle maker had invested $1.5 billion in Bitcoin in February 2021, bringing a long-awaited mark of trust to the cryptocurrency.

Benzinga

Elon Musk's Diamond Hands Turn Shattered Crystal: How Much Bitcoin Does Tesla Have Left?

In February 2021, Tesla Inc (NASDAQ: TSLA) made headlines around the world with the report of its purchase of $1.5 billion in Bitcoin (CRYPTO:

Benzinga

Tesla Reveals It Sold 75% Of Bitcoin Holdings: What's Next For Tesla and Bitcoin?

When Tesla Inc (NASDAQ: TSLA) announced second-quarter earnings after the market close Wednesday, the electric automaker revealed it ha

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Benzinga

Tesla Q2 Earnings Highlights: Revenue Miss, EPS Beat, Bitcoin Converted To Fiat, Automaker Predicts 'Record Breaking' Second Half

Electric vehicle leader Tesla Inc (NASDAQ: TSLA) reported second-quarter financial results after market close Wednesday. Here are the key highlights for investors.

The Street

Tesla Tops Q2 Earnings Forecast, But Profit Margins Narrow; Dumps Nearly 1 Billion In Bitcoin

"Though we faced certain challenges, including limited production and shutdowns in Shanghai for the majority of the quarter, we achieved an operating margin among the highest in the industry," Tesla said.

Reason

Bitcoin Can Become Untraceable.

Bitcoin's creator designed it to be radically transparent, but the tools exist to make it as hard to trace as cash.

Benzinga

Amazon, Netflix And Some Other Big Stocks Moving Higher On Wednesday

Coinbase Global, Inc. (NASDAQ: COIN) jumped 13.7% to $74.88 amid an increase in the price of Bitcoin and Ethereum.

Benzinga

Benzinga Before The Bell: Jury Finds Tesla 1% Negligent In Model S Crash, Bitcoin Sees $148M Liquidations, Amazon-Backed Zoox Robotaxi Set For Debut And Other Top Financial Stories Wednesday, July 20

CNBC

The Street

Tesla Earnings Preview: Delivery Outlook, Profit Margins And Bitcoin Hit In Focus

Ramping up production in Texas and Berlin, in the face of rising costs and supply chain disruptions, could pressure Tesla profit margins heading into the second half of the year.

The Street

Stocks Edge Higher, Netflix, Tesla, ASML And Gas Prices - Five Things To Know

Stock futures edge higher on fading recession bets; Netflix surges on smaller subscriber exodus, Q2 earnings beat; Tesla Q2 earnings in focus following delivery slump, bitcoin collapse; ASML outlook clouds chip sector as demand remains uncertain and Gas prices fall below $4.5 per gallon, lowest since early May.

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