Elon Musk’s Tesla (TSLA) appeared to take advantage of a new accounting rule allowing for holdings of digital assets to be marked-to-market each quarter. The company’s fourth quarter earnings report shows its 9,720 bitcoin valued at $1.076 billion as of the end of 2024. That’s up from what had been $184 million for several quarters […]
Fairshake’s Florida Wins Likely to Amp Up List of Crypto-Supported Allies in Congress
The crypto political action committee that stunned U.S. politics last year, Fairshake, successfully weighed in again in a pair of Florida special elections to replace Republican members of Congress, likely adding to its list of lawmakers who have the industry to thank for campaign support. A primary election closed Tuesday night, giving pro-crypto candidates supported […]
Former Binance Labs Makes First Investment Following Zhao’s Return: Report
YZi Labs, the rebranded venture capital arm of crypto exchange Binance, made its first investment following founder Changpeng “CZ” Zhao’s release from prison, Fortune reported on Wednesday. The company formerly known as Binance Labs led a $16 million funding round into Sign, a startup that seeks to simplify token distribution and bring verification of credentials […]
Bitwise Files To Launch Dogecoin ETF
Crypto asset manager Bitwise has uploaded documents to launch an exchange-traded fund (ETF) tied to the price of dogecoin (DOGE), a filing with the US. Securities and Exchange Commission on Tuesday shows. The filing, an S-1 document, is a requirement for companies seeking to issue a new security and be listed on a public stock […]
MOVE Jumps 20% on Trump-Linked World Liberty Fi Token Purchase, Musk’s DOGE Involvement
The native token of Movement, an Ethereum layer-2 network built using the Facebook-created MoveVM coding language, jumped on Tuesday after Donald Trump-backed World Liberty Financial purchased tokens. There was also a fresh report that the network is among the blockchains in discussion with the Elon Musk-led Department of Government Efficiency (DOGE). The MOVE token spiked […]
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