The stock price of Tesla (TSLA) surpassed $1,200 in pre-market, achieving a market capitalization of over $220 billion. Now, the most valuable car company in the world is worth 30% more than the entire market cap of Bitcoin (BTC), the biggest and most popular cryptocurrency in the world. Tesla overtook Toyota to become the highest-valued car manufacturer in the global market. It now looks to establish its dominance in the sector as its stock continues to soar. The stock price of Tesla surpassed $1,200 in pre-market. Source: CNBC Catalysts sending Tesla stock upwards and its relation to Bitcoin According to …

Crypto scammers have stolen at least $150,000 by impersonating SpaceX YouTube accounts and hosting fake Bitcoin giveaways. According to a June 9 report on Bleeping Computer, several scammers hacked legitimate YouTube accounts and changed the branding and content to emulate that of Elon Musk's SpaceX channel. The channels then broadcast archived footage of Musk as if it was a live event and asked viewers to send Bitcoin (BTC). Bleeping Computer reported that at least 80,000 people watched the live stream, which has brought in 15.31 BTC for the scammers since June 8. One of the Bitcoin addresses received 29 transactions …

The first launch of a space vehicle built in and launched from the United States in almost a decade wasn’t just viewable on NASA’s YouTube channel — users of the Ethereum-based virtual reality world Decentraland got front row seats. Decentraland said in a May 30 tweet that the recent SpaceX launch would be available live in its VR world. Users were able to watch the event in the environment’s virtual auditorium as Elon Musk sent two humans into orbit in the first private, manned spacecraft launch in history. Screenshot of SpaceX launch inside Decentraland. Source: The Block Runner Refuge in …

Elon Musk, a tech mogul with indirect ties to the crypto industry, sent two humans into orbit on May 30 in the first private, manned space craft launch in history. "The launch will be the first time a private company, rather than a national government, sends astronauts into orbit," Fox News said in a May 27 brief. "It will also be the first time that astronauts launch from U.S. soil since the final space shuttle mission in 2011." Ground control to Maj. Musk Known for his leadership of futuristic car company Tesla, CEO Elon Musk disrupted the rocket sector in …

Elon Musk appears to have revealed his Bitcoin (BTC) holdings while participating in the crypto community’s efforts to educate J.K. Rowling, the author of Harry Potter, about Bitcoin. In response to a request from Rowling for Twitter to explain Bitcoin to her, Musk emphasized that “massive currency issuance by govt central banks is making Bitcoin Internet money look solid by comparison.” Musk added: I still only own 0.25 Bitcoin btw. Tyler Winklevoss responded asking, “ Then how are you going to pay for things on Mars?” Elon Musk claims to be holding 0.25 BTC However, not all were convinced by …

In a recent interview with podcaster Joe Rogan, Elon Musk bashed inflation — a problem that Bitcoin (BTC) fixes. Some of the current United States population sees the economy as an ever-flowing gift basket that will continue providing essentials even while the country is shut down from its regular workflow, Musk told Rogan on Thursday. "This notion though, that you can just sort of send checks out to everybody and things will be fine, is not true," Musk said referring to stimulus money the U.S. government sent to citizens. The government cannot logically sustain its money printing efforts In an …

Coming every Sunday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link. Top Stories This Week Bitcoin rally above $9,000 stalls as sellers push BTC back to key support What a week it’s been. After starting Monday at $7,650, Bitcoin surged through previously stubborn resistance levels to hit highs of $9,440. The gains mean the world’s biggest cryptocurrency has comfortably outpaced the Dow’s price recovery. Bitcoin’s handsome year-to-date returns have also …

As part of a recent series of nonsensical tweets, Tesla's eccentric founder, Elon Musk, expressed plans to sell all his physical possessions. Are his Bitcoin (BTC) holdings included in the fire sale? "I am selling almost all physical possessions," Musk tweeted on May 1. "Will own no house," he noted, adding: "Just one stipulation on sale: I own Gene Wilder’s old house. It cannot be torn down or lose any its soul." Musk rattled off strange posts to kick off May Musk followed up his fire sale tweet with a comment describing Tesla's stock price as too high, as well …

Speaking at Virtual Blockchain Week, Bitcoin.com chairman Roger Ver (also known as “Bitcoin Jesus”) has called for an immediate end to the enforced coronavirus lockdown on the grounds that it violates economic and personal freedom. "I think the lockdown needs to come to an end, right now, today," he said. "If you want to lock yourself down, more power to you, feel free, have at it. But for the rest of us that want to live our lives, we should be able to do that too.” Ver joins another high-profile tech figure, Tesla's Elon Musk, in calling for an end …

A recent report from Binance Research claimed Facebook's Libra is as disruptive for the payments industry as SpaceX was for interstellar travel — but why? When it entered the rocket sector, SpaceX found an industry laden with high entry barriers and largely dominated by public market players, a Binance Research representative told Cointelegraph in an email. Therefore, the industry also yielded "little movement, as there were hardly any incentives to innovate beyond incrementally improving the product," the rep said. "The same is true for the current payments landscape." Borders limit the current payment systems In a recent in-depth report on …

Binance Research dove into Libra's most recent whitepaper, surfacing with a lenghty report, in part claiming Facebook's proposed asset could significantly alter the payments world. "Libra’s envisioned global payment system could do to the payment industry what SpaceX did to the space industry: shake the foundations of a well-established sector with high entry barriers," the April 22 report said, adding: "The mere advantage of issuing widely-available programmable money would already initiate manifold efficiency gains." Libra's outlook after a year of regulatory pushback After releasing its initial whitepaper in June 2019, regulating bodies quickly flooded in, putting a halt on the …

While Twitter CEO Jack Dorsey could potentially be ousted by investors, at least two major figures in the crypto industry have already voiced support for the exec. Vitalik Buterin, co-founder of major cryptocurrency project Ethereum, and Tesla CEO Elon Musk, who is known for his active endorsement to crypto, do not want Dorsey to step down from his position at Twitter. Musk simply stated: “Just want say that I support @Jack as Twitter CEO. He has a good [heart].” Buterin specifically questioned the competence of a new potential CEO that would replace Dorsey, saying: “I also #StandWithJack. Twitter certainly has …