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Tesla Reveals Its Bitcoin Holdings and BTC Sale Profit


The electric car maker Tesla has revealed that it still holds digital assets worth approximately USD 222m, after saying last week that it had sold 75% of the bitcoin it held on its balance sheet. The company has posted a USD 64m gain on the sale. The new details of Tesla’s latest bitcoin (BTC)...

Tesla reports $64M profit from Bitcoin sale


Elon Musk’s electric vehicle company sold 75% of its BTC in the second quarter. The company’s overall profitability was impacted by inflation and the competition for battery cells

IoTeX Stuck in a Profit Booking Loop; Will IOTX Begin an Uptrend?


IoTeX is not your regular blockchain offering a host of digital services. Rather, it realizes the perception that blockchain can transform how machines interact with each other. In simple words, IoTeX allows blockchain technology to work on your machines and is not just limited to software. It...

Did Tesla Make Profit on its Bitcoin Investment?


The electric car maker Tesla sold off 75% of its bitcoin (BTC) holding for “a realized gain” in the second quarter, prompting speculations on how this investment went for the company. The sale is believed to have been made at a price of around USD 29,000, higher than the lows seen during...

Ox (ZRX) Witnesses Profit Booking at 50 DMA Curve!


0x protocols homegrown cryptocurrency is named ZRX, which has been moving in different directions based on the latest news and podcast. Last fundamental growth could be one of the reasons for its limited price action that has trapped its market capitalization within $259,391,907. Recently, Coinbase...

3 NFT Coins That Will Make You a Hefty Profit in the Upcoming Months!


It’s no secret that the cryptocurrency market is a wondrous place with many opportunities to make a profit. However, it can be hard to know which coins to invest in. In this blog post, we’ll discuss three NFT coins that are well worth your time – Mehracki (MKI), Flow (FLOW),...

Undervalued Metaverse Project Mars4 Is Preparing for New Releases


In the crypto industry, investors are always on the search for undervalued projects that have the greatest potential for increasing early investors’ returns. Finding these hidden gem initiatives just before noteworthy launches is an easy way to profit. Mars4 is one of these projects to keep...

Portuguese Parliament Rejects Crypto Tax Proposals During Budget Debate


Two proposals to tax crypto assets have failed to gain support from Portuguese lawmakers who are now discussing the state budget. The bids came from minority left-wing parties, while the ruling majority is yet to put forward its own draft to regulate the matter. Portuguese Lawmakers Stop Motions...

Net Profit for XTB Rises in the First Quarter Of 2022


XTB published its financial performance for the first quarter of 2022, where it revealed a gain of 183.7% in its net profit to touch the mark of PLN 252.6 million. Operating income for the firm also surged by 135.6% on a year-to-year basis, and the figure for the same stands at PLN 439.8 million....

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