Elon Musk’s Tesla transfers Bitcoin worth $770M to new addresses

Tesla relocated 11,509 bitcoins, valued at $770 million, to new addresses. This marks Tesla’s first Bitcoin transaction since selling most holdings in 2022. Tesla remains the third-largest Bitcoin holder among public companies after MicroStrategy. Tesla, the electric vehicle giant led by Elon Musk, has recently relocated its entire Bitcoin (BTC) treasury, consisting of 11,509 bitcoins […]

AI tokens surge following Musk’s X Corp unveiling of xAI shareholding

Musk’s announcement of a 25% stake in xAI for X Corp shareholders, along with Grok chatbot testing, sparks AI token surge. The AI tokens are also responding to the ouster of Sam Altman from OpenAI. Altman is now headed to Microsoft. Artificial Intelligence (AI)-focused tokens experienced a significant boost over the weekend, propelled by key […]

Doge and Shib prices soar ahead of Musk’s Twitter purchase

In April, Elon Musk suggested that dogecoin could be used to make payments on Twitter. Photo: Muhammed Selim Korkutata/Anadolu Agency Dogecoin (DOGE-USD) and shiba inu (SHIB-USD) soared ahead of the news that Elon Musk may finalise his purchase of Twitter (TWTR) on Friday, which is the deadline for the completion of the $44bn (£37.9bn) acquisition […]