Electric carmaker Tesla sold 75% of its Bitcoin holdings last quarter adding more than $936 million to its balance sheet. Tesla CEO Elon Musk said it was important for them to maximize their cash position owing to the lockdown and shut down of its Shanghai factory in April. While many believe Tesla’s Bitcoin selling could

The post Why Tesla Selling Bitcoins Is A Great News, Explains Justin Sun appeared first on CoinGape.



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JPMorgan & Wall Street Giants See Hot US CPI Inflation at 4.2%, Bitcoin, ETH, XRP to Fall?

The US stock market and global crypto market are facing renewed selling pressure ahead of today’s US CPI inflation data release. JPMorgan, M...