elon musk

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Crypto News Roundup for July 27, 2022
With bitcoin trading higher alongside traditional stock futures on the day of the Federal Reserve meeting, plus the relevance of the world’s richest man, CoinDesk’s “Markets Daily” is back with the latest news roundup.
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Institutional Traders Have Mixed Views About Tesla’s Decision to Sell Bitcoin
“Macro and micro factors are complex, and cash on hand is welcome,” a trader interviewed by CoinDesk said.
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Does Crypto Still Care About Elon Musk?
Tesla’s initial BTC purchase contributed to a wild, two-year price climb. But markets were unfazed after the car company offloaded most of its bitcoin.
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What Tesla’s Big Bitcoin Sale Means for Other Firms Putting Crypto on Their Balance Sheets
Corporations are likely to remain cautious on adding bitcoin to their treasuries, but not because of Tesla’s move.
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Tesla's Musk Remains Open to Buying More Bitcoin After Selling in Q2 to Raise Cash
The CEO said the EV company could add to its position again in the future but now he wants to boost its cash position.
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Tesla May Take $460M Impairment Charge on Its Bitcoin Holdings for Q2, Analyst Says
The cryptocurrency's price fell significantly during the quarter.
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Elon Pulls Out of Twitter Acquisition
Twitter’s board threatens a lawsuit after Musk withdraws from the purchase agreement.
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Twitter Shares Down 7% Following Elon Musk's Scrapped Takeover
The social-media company plans to take legal action against the crypto enthusiast.
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Musk Scraps $44B Deal to Buy Twitter, Prompting Board to Threaten Suit
The billionaire believes the number of false and spam accounts counted in the social media platform's monetizable daily active users is "wildly" above 5.%
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