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Tag: Fall

  • Tesla reclaims $1B in Bitcoin holdings even as shares fall sharply

    Tesla reclaims $1B in Bitcoin holdings even as shares fall sharply

    Bild eines Bitcoins auf einer Papieroberfläche mit dem Tesla-Logo

    • EV sales fell 13%, production down 16%, causing 20% segment decline.
    • Bitcoin holdings valued over $1 billion as BTC hits $93,000.
    • Tesla holds 11,509 BTC with no transactions this quarter.

    Tesla has reaffirmed its strategic bet on Bitcoin despite disappointing quarterly earnings, a plunging stock price, and slowing electric vehicle sales.

    As of March 31, 2025, the company holds 11,509 Bitcoin, currently valued at just over $1 billion after a 6% rise in the cryptocurrency’s price to $93,000.

    This development comes at a time when Tesla is under pressure from shareholders following a 41% decline in its stock price this year and growing scrutiny around CEO Elon Musk’s political involvement.

    Revenue down, deliveries slump

    Tesla’s Q1 2025 revenue reached $19.34 billion, falling short of Wall Street’s projection of $21.37 billion.

    The shortfall is largely tied to the company’s main business—electric vehicles—which saw a 13% drop in deliveries and a 16% dip in production.

    This led to a 20% year-over-year decline in revenue from its core segment.

    Tesla’s declining delivery numbers mirror broader industry challenges, but some of the headwinds are unique to the company.

    Ongoing protests and concerns around Musk’s dual focus—spanning political appointments and social media commentary—have amplified investor unease.

    Despite this, Tesla made no changes to its Bitcoin position during the quarter, signalling a clear intention to maintain it as a long-term asset.

    Bitcoin strategy remains unchanged

    Tesla’s current holding of 11,509 BTC was first acquired in February 2021, with about 75% of it sold off in July 2022.

    The remainder has been left untouched.

    At the end of 2024, this stash was worth approximately $1.076 billion. By the close of Q1 2025, Bitcoin’s 12% decline had reduced the value to around $951 million.

    However, with Bitcoin prices rebounding to $93,000, the portfolio’s worth has climbed back above the $1 billion mark.

    New rules introduced by the Financial Accounting Standards Board (FASB) require companies to mark their digital asset holdings to market value at the end of each quarter.

    Under this regime, Tesla previously recorded a $600 million unrealised gain in Q4 2024 due to Bitcoin’s rally.

    Tesla’s decision not to buy or sell any Bitcoin in Q1 2025 signals a “HODL” stance—mirroring the strategy of other corporate holders like Strategy and Metaplanet, which also treat Bitcoin as a hedge or strategic reserve.

    Musk shifts from DOGE to Tesla

    Elon Musk, whose support for Dogecoin (DOGE) has frequently made headlines, announced plans to scale back his involvement with the meme coin.

    He said his time allocation would shift in May 2025 as DOGE operations become more self-sufficient.

    This renewed focus on Tesla comes as analysts call for urgent strategic moves.

    Dan Ives of Wedbush labelled the company’s situation a “code red,” suggesting that Tesla may need to rethink parts of its financial strategy, including how it handles its Bitcoin holdings, if current challenges continue.

    Meanwhile, BeInCrypto forecasts that crypto markets will remain unstable until mid-May due to global economic uncertainty and trade pressures.

    However, the broader outlook for digital assets, especially Bitcoin, is more bullish for the second half of the year.

    Analysts expect a rebound driven by post-halving effects, institutional buying, and regulatory clarity in the US.

    As Tesla navigates financial turbulence, its firm stance on Bitcoin indicates that the cryptocurrency is now more than just a side bet—it’s part of a calculated strategy.

    Whether that strategy pays off in Q2 and beyond may depend as much on Musk’s leadership as on Bitcoin’s next move.

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  • Crypto prices fall despite Trump’s Bitcoin reserve plan

    Crypto prices fall despite Trump’s Bitcoin reserve plan

    Bitcoin dips to $86k

    • Bitcoin was trading at around $88,000, dropping 1.50% in the last 24 hours
    • Ethereum, XRP, Solana, and Cardano have also seen prices dip following news of the Digital Asset Stockpile
    • TD Cowan analysts consider it a “compromise” and that the reserve is a positive move from the White House

    Crypto prices remained unchanged on Friday after US President Donald Trump signed an executive order establishing a Strategic Bitcoin Reserve.

    Data from CoinMarketCap shows Bitcoin is trading around the $88,000 mark, dropping over 1.50% in the last 24 hours.

    Bitcoin price chart. Source: CoinMarketCap

    Ethereum, XRP, Solana, and Cardano have also remained relatively flat following the news. Solana saw the biggest drop, 5% over 24 hours, and is currently trading at $142. Earlier this month, Trump revealed that these would be the coins included in the crypto reserve.

    Notably, these coins weren’t mentioned in Trump’s executive order detailing a Strategic Bitcoin Reserve and a Digital Asset Stockpile, which he signed on March 6.

    A “compromise”

    In a post on X, White House artificial intelligence (AI) and crypto czar David Sacks said:

    “The Reserve will be capitalized with Bitcoin owned by the federal government that was forfeited as part of criminal or civil asset forfeiture proceedings. This means it will not cost taxpayers a dime.”

    Sacks also indicated that the executive order authorized the Secretaries of Treasury and Commerce “to develop budget-neutral strategies for acquiring additional Bitcoin, provided that those strategies have no incremental costs on American taxpayers.”

    In response, Michael Saylor, chair and CEO of Strategy, said: “I have a few budget-neutral strategies for acquiring additional Bitcoin.”

    With the news of the Strategic Bitcoin Reserve not pushing prices higher, TD Cowen analysts said they considered this a positive move from the White House, adding:

    “We view this as a compromise. The government is not spending taxpayer dollars to acquire new digital assets. It is simply not selling the ones that it seizes.”

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  • Crypto market on a free fall as Iran launches missiles into Israel

    Crypto market on a free fall as Iran launches missiles into Israel

    Crypto market on a free fall as Iran launches missiles into Israel
    • Crypto market drops as Iran launches missile strikes into Israel.
    • Bitcoin falls to $62k; Ethereum drops below $2,500.
    • The global crypto market cap declines by 2.72% to $2.18 trillion.

    The global crypto market has witnessed a sharp decline following reports of Iran firing missiles into Israel.

    The heightened geopolitical tensions have sent shockwaves through financial markets worldwide, with crypto assets taking a significant hit.

    As news of the missile strikes spread, cryptocurrency markets reacted swiftly. Bitcoin (BTC), the largest cryptocurrency by market capitalization, had dropped to $61,932.92 at press time while Ethereum (ETH), the second largest cryptocurrency, witnessed a 3.42% plunge, with its price dipping below $2,499.30.

    Altcoins, often more volatile, experienced even steeper declines, with Arweave (AR), Notcoin (NOT), Gala (GALA), and Worldcoin (WLD) dropping by double digits as investors scrambled to offload risky assets.

    As the market plunged, the global cryptocurrency market cap dropped by over 2.72% to $2.18 trillion.

    The sudden drop in crypto prices underscores the market’s sensitivity to geopolitical events. Historically seen as a hedge against inflation and economic uncertainty, cryptocurrencies have not proven immune to geopolitical shocks.

    Investors, rattled by the fear of broader regional instability and its potential impact on global markets, have moved to safer assets such as gold, which saw an uptick in prices.

    The attack marks a severe escalation in the already volatile Middle East region. Iran’s missile launches were reportedly in retaliation for the Israeli operations in Lebanon that have resulted in the elimination of Hezbollah’s leader.

    Israel has, however, responded swiftly, vowing to defend its territory, raising concerns of an impending large-scale conflict.

    While the full extent of the conflict’s impact remains unclear, the continued volatility in the Middle East is likely to keep the crypto market on edge in the coming days.

    Traders and analysts are now closely watching both diplomatic developments and market reactions.

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  • active addresses fall, market makers scale back, price softens

    active addresses fall, market makers scale back, price softens

    Key Takeaways

    • Number of addresses containing one Bitcoin or more crosses one million
    • Bitcoin relatively subdued despite trading at 2-month low
    • Two prominent market markers are scaling back activity in the space
    • Active addresses show notable decline in last week

     

    We wrote last week that nearly one million addresses on the Bitcoin network now contain at least one Bitcoin. That mark has now been passed, as the below chart shows. 

    As dramatic as that sounds, it doesn’t equate to one million people, as aggregate wallets exist (such as exchange wallets), not to mention the fact that one person often has more than one address. 

    Looking beyond this quirky threshold, there has not been too much of note occurring in the markets in recent weeks. The market has been somewhat soft, Bitcoin trading at $27,300 as I write this, a two-month low. It is down 7% over the past ten days, but that is not exactly a dramatic decline by Bitcoin’s standards. 

    Looking at activity on the network does show more notable developments, however. The below chart shows a perceptible break downwards when analysing the 7-day exponential moving average (EMA) of active addresses on the network.

    It is the biggest decline in activity over the last year. It is not immediately obvious what is causing it, but with the 7-day EMA running roughly between 800,000 and 1,000,000 addresses, the fall towards 600,000 does stand out. 

    Regarding possible catalysts, there has not been much beyond the continued big story of the year: the regulatory crackdown from the US. Coinbase CEO Brian Armstrong said the exchange would consider the UAE as an international hub, as the company reels from the punitive measures levelled against the industry in recent times – including a Wells notice served to Coinbase in March. 

    Congressman Brad Sherman was the latest lawmaker to slam the industry, making some startling comparisons that haven’t exactly gone down well in the industry:

    “Peru is way ahead of us (the US) in cocaine production. China is way ahead of us in organ harvesting. We don’t need to keep up on those things and we don’t need to keep up on crypto”. 

    Regardless of whether you agree or not, the industry is feeling the pinch of this hostile stance in the US. Last week, two prominent crypto market makers, Jane Street and Jump Crypto, announced they were scaling back their market making activity.

    This amounts to a blow to markets that are already very thin. Indeed, we have written multiple times what role the thin liquidy has played in Bitcoin’s run-up this year. In April, crypto profits, prices all hit their highest marks since June 2022. But so did volatility, as there has been a dearth of capital in the space ever since Alameda, one of the largest market makers, evaporated amid the FTX crash in November. And that liquidity is only going to get thinner again with the news out of Jane Street and Jump Crypto. 

    With thin liquidity comes high volatility, as it takes less capital to move prices. The below chart shows that volatility has fallen off since March, but is still trading above 40% on an annualised basis and up markedly since the start of the year. 

    While Bitcoin’s price fall from close to $30,000 to where it currently sits at $27,200 is nothing to write home about, the shallow nature of the markets hint that more volatility could be on the way. 

     

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  • Bitcoin touches $23k support as stocks fall on hot PCE data

    Bitcoin touches $23k support as stocks fall on hot PCE data

    • Bitcoin and crypto prices fell as markets reacted to January PCE data.
    • The Fed’s favourite inflation measure came in hot, jolting markets lower with S&P 500 declining nearly 1.4% and Dow dropping about 400 points.
    • Crypto analyst Rekt Capital says BTC price remains in positive territory as long as bulls hold support above $23k.

    Bitcoin price continues to struggle after the rejection from the $25k resistance, but today’s dip comes as the market reacts to hotter-than-expected Personal Consumer Expenditure (PCE) data.

    As stocks got whacked on Friday, with the S&P 500 falling nearly 1.5% and the Dow Jones Industrial Average dropping 400 points, BTC price retreated under $24k to hit lows of $23,130 across major exchanges.

    Crypto, Wall Street drops on CPE data

    The CPE is the Federal Reserve’s most preferred inflation measure and sentiment has shifted on the latest data release as investor jitters fill up again. 

    The Fed uses the CPE price index to assess how sharply prices have risen within the US economy, and data shows prices spiked 0.6% in January and 5.4% year-over-year. Core CPE also came in hot, at 4.7% against the forecast 4.3% to suggest inflation remains an issue.

    “Inflation remains too high. We’re going to have to do more to get back to 2%,” said Cleveland Federal Reserve President Loretta Mester. “I see a little more impetus in the inflation measures than my colleagues. We’re going to have to bring interest rates above 5% and hold there for a time,” she added during an interview with CNBC.

    Bitcoin price outlook

    The reaction on Wall Street also cascaded into the crypto market, with BTC price declining below a key support line recently highlighted as a “confluent support zone.” The uncertainty around the Fed’s interest rates saw most stocks scorched in early trades, a scenario also replicated in crypto with Ethereum dropping below $1,600.

    For Bitcoin’s short-term price outlook, popular crypto trader and analyst Rekt Capital says bulls could remain in control if BTC holds above $23k. However, a bearish outlook would materialize if price breaks lower.

    “BTC Weekly retest of the confluent area that is the Lower High and Monthly Range High resistance is now in progress. Price needs to hold here for the retest to be successful. However, Weekly Close below this area would be a bearish sign,” the analyst noted.

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  • While Tron (TRX) and Shiba Inu (SHIB) Fall Short, Flasko (FLSK) Gets A Loyal Following – CryptoMode

    While Tron (TRX) and Shiba Inu (SHIB) Fall Short, Flasko (FLSK) Gets A Loyal Following – CryptoMode

    Currently, Shiba Inu (SHIB), as well as Tron (TRX) are two of the top 15 cryptocurrencies. In the last year, they successfully provided investors with remarkable returns. The profitability of these cryptocurrencies is, unfortunately, being significantly negatively impacted by the crypto winter that ravaged 2022 as a whole.

    With these cryptocurrencies and other prominent coins losing their value, investors are on the hunt for new exciting projects poised for success. And crypto experts believe that Flasko is one of them. 

    Tron (TRX) Investors Racing To Be A Part Of Flasko (FLSK)

    Also Read: BlueZilla Launches LUNCHBOX – Decentralized Prediction Platform for $LUNC Burning

    Tron (TRX) combines peer-to-peer (P2P) network technology and blockchain to cut out the intermediaries and let content producers sell their products directly to customers. Apps that are distributed upon this Tron (TRX) network are made by programmers using the Solidity language.

    TRON (TRX) achieved pretty solid gains in the last few weeks. However, it has since given up a portion of those advances. An evident benefit of Tron (TRX) is the freedom to produce and share information without worrying about transaction costs.

    Tron (TRX) currently sits at $0.06218, a far cry from its all-time high of $0.207137. This dramatic fall has made Tron (TRX) investors flee the project in search of more substantial profit. 

    Even Elon Musk Could Not Prevent Shiba Inu (SHIB) From Falling

    A digital coin that encourages camaraderie, Shiba Inu (SHIB), was created as a test within the Shiba Inu Network. Shiba Inu (SHIB) and Dogecoin (DOGE) are examples of meme coins, which are tokens tied to specific themes but frequently introduced as jokes or parodies rather than as good coins.

    Elon Musk, the inventor of Tesla, once posted that he wanted to have a Shiba puppy. This tweet fueled the cryptocurrency market and caused the Shiba Inu (SHIB) value to increase by 200%. Nevertheless, this did not prevent the bear market from crippling Shiba Inu (SHIB). 

    Shiba Inu (SHIB) is worth $0.000009918, and Shiba Inu (SHIB) investors are losing hope for the token. 

    Flasko (FLSK) Enters Stage Two Of Presale 

    Flasko hopes to be the first alternative-investment platform to combine the world of cryptocurrency with the trillion-dollar wine, whiskey, and champagne industry. It will allow users to purchase NFTs supported by the real-world assets of bottles and casks of premium spirits, which are kept in secure locations worldwide. 

    Early investors can earn many benefits and rewards, from having access to 75 exclusive NFTs to entry into various wine and champagne-tasting events partnered with Flasko.

    Regarding security, the minds behind Flasko have announced many positives. Solid Proof, the best German auditing firm, has completed the audit of Flasko, and it has passed with flying colors. Another plus is the locking of team tokens in the first two years while also locking liquidity for 33 years. 

    Flasko is currently worth only $0.065, and crypto experts believe it may reach $4 by mid-2023. The presale is on, and it has reached stage two, do not miss out on this fantastic opportunity to yield profit. Follow Flasko on the links below: 

    Website: https://flasko.io

    Presale: https://presale.flasko.io

    Telegram: https://t.me/flaskoio

    Twitter: https://twitter.com/flasko_io

    Always conduct proper research when dealing with pre-sales of currencies and tokens. The information above does not constitute investment advice by CryptoMode or its team, nor does it reflect the views of the website or its staff. 

    CryptoMode produces high quality content for cryptocurrency companies. We have provided brand exposure for dozens of companies to date, and you can be one of them. All of our clients appreciate our value/pricing ratio.
    Contact us if you have any questions: [email protected]
    None of the information on this website is investment or financial advice. CryptoMode is not responsible for any financial losses sustained by acting on information provided on this website by its authors or clients. No reviews should be taken at face value, always conduct your research before making financial commitments.



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