Tesla halted Bitcoin payments in 2021 due to environmental concerns over mining's fossil fuel use. Elon Musk set a condition to resume payments once Bitcoin mining reached about 50% clean energy usage, a threshold recent data suggests has been met. Despite this, Tesla has not confirmed any plans to reinstate Bitcoin payments. The company still holds 11,509 BTC worth around $386 million, indicating a long-term interest in Bitcoin separate from payment acceptance. Musk's broader crypto interest includes Dogecoin and Ethereum, but Tesla's Bitcoin payment return remains uncertain until an official announcement.
Cash Cat (CASHCAT) memecoin recovered from a dip to $0.18 and reclaimed the $0.20 resistance level, climbing back to around $0.23 with a 14% daily gain. This recovery was supported by increased trading volume and open interest, indicating strong buyi...
Ripple and SettleMint have partnered to offer a combined platform that integrates Ripple Custody with SettleMint’s Digital Asset Lifecycle Platform (DALP), enabling regulated institutions to issue, custody, and manage tokenised assets throughout thei...
Bitcoin held steady near $78,800 after a strong 24% rise in August, its best monthly gain since November 2024. The price is consolidating below $82,000, with technical patterns suggesting a possible short dip before pushing higher toward $85,000. Key...
Institutional investors are boosting their exposure to Ripple's XRP futures on the Chicago Mercantile Exchange (CME), even as the broader market reduces its XRP futures holdings outside the CME by over 500 million tokens. This shift highlights a pref...
SKYX Platforms achieved 9.7% year-on-year revenue growth in the first half of the year, marking its tenth consecutive quarter of growth. However, the company faces challenges including delayed construction project timelines, unclear unit economics wi...
