#bitcoin

Tesla reported its financial results for the third quarter of 2024 which reveals the company didn’t sell any of its 11,509 Bitcoins, currently valued at around $765 million.

On October 8, HBO launched the documentary “Money Electric: The Bitcoin Mystery,” directed by Cullen Hoback. The film’s most sensational claim was that the likely identity of Bitcoin’s elusive creator, Satoshi Nakamoto, is developer Peter Todd.

American billionaire hedge fund manager Paul Tudor talked about elections and the economic situation in a recent Squawk Box interview.

In addition to Bitcoin (BTC), Ethereum (ETH), Solana (SOL), and the stablecoin Tether (USDT), MoonPay users can now add XRP to their portfolios. This expansion aligns with the growing demand for this cryptocurrency and broadens the platform’s capabilities.

Tesla, one of the world’s leading electric vehicle manufacturers, has moved over $765 million worth of Bitcoin to several unidentified crypto wallets.

Google Trends data shows that searches for "Bitcoin" have dropped to a 12-month low, scoring just 27 out of 100. The search interest peaked (100 points) in March 2024.

Fidelity, the issuer of one of the Bitcoin ETFs (FBTC), has officially confirmed a data breach that compromised the personal information of more than 77,000 clients. While the company has not disclosed many details about the incident, it assured clients that the hackers did not gain access to their accounts. The breach occurred between August 17 and August 19, 2024.

Coinbase, one of the largest crypto exchanges, now allows users to send Bitcoin to Taproot-enabled wallets. In an announcement on X, Coinbase mentioned the addition allows users to access more on-chain operations.

With the upcoming release of HBO’s documentary Money Electric: The Bitcoin Mystery, debates have erupted online about whom HBO will claim as the real Satoshi Nakamoto. Bets are even being placed on Polymarket.

The International Monetary Fund (IMF) has revised its stance on El Salvador’s Bitcoin adoption. Initially, the IMF had been pressing for a complete ban on BTC’s use as official legal tender since 2021.

Vitalik Buterin, the founder of Ethereum, criticized Microstrategy’s CEO Michael Saylor on the social platform X for his divisive comments about Bitcoin anarchists.

Bitcoin’s mining difficulty increased by 3.9%, reaching a new all-time high. According to Mempool data, the seven-day moving average of the network hashrate also reached a record level.

A recent survey by the University of San Salvador reveals that although Salvadorans largely back President Nayib Bukele and his policies (Bukele was re-elected for a second term in 2024), they don’t see Bitcoin, which he has heavily promoted, as a practical payment option.

In an interview with Bernstein analysts, Michael Saylor made it clear that MicroStrategy’s long-term goal is to become a major Bitcoin bank. He also predicted that the company could one day be valued in the trillions.

The Financial Supervisory Commission (FSC) of Taiwan announced on October 8 that institutions can begin submitting applications to test bitcoin custody services. This information was provided by the Central News Agency.

Earlier this month, HBO stirred the internet with its promise to reveal who Bitcoin inventor Satoshi Nakamoto is in a new documentary, “Money Electric: The Bitcoin Mystery.”

The U.S. government is poised to significantly increase its funds following a Supreme Court ruling that opens the door for the sale of 69,370 BTC, seized from the notorious Silk Road dark web marketplace.

A new project brings tokenized whiskey barrels to the Bitcoin blockchain.