Tags : HODLing

Bitcoin

Tesla sells $272 million of Bitcoin, but Elon Musk is

American electric vehicle and clean energy company Tesla has sold nearly $275 million worth of Bitcoin months after a landmark $1.5 billion investment, it revealed in a filing yesterday. The sale meant Tesla cut its position by 10%, adding over $101 million to its revenues in total. Tesla has made more profit by selling bitcoin […]Read More

Market

More People HODLing Bitcoin Hurts Case for Buying, Selling With

Bitcoin liquidity appears to be falling as the demand that has driven the recent bull market appears to be concentrated among a relatively small number of investors who are unwilling to sell, according to new research by Morgan Stanley. That lack of liquidity potentially hurts its use for transactions, the investment bank said. Addresses holding […]Read More