Elon Musk.

Photo: The Indian Express

Bitcoin Hits Lowest Mark Since Feb After Elon Musk Hints Discarding His Shares

Bitcoin witnessed its lowest point since February as it traded below $45,000 on May 16, after Tesla Chief Elon Musk hinted at dumping shares worth $1.5 billion of cryptocurrency. The plummeting occurred after Musk commented 'indeed' to a tweet that read, "Bitcoiners are going to slap themselves...when they find out Tesla dumped...their #Bitcoin holdings". Musk on May 13, confirmed Tesla's boycott of Bitcoin citing environmental issues.

Mon, 17 May 2021 - 11:24 AM / by Harsh Vardhan

Tags
Bitcoin
Elon Musk
Tesla
Cryptocurrency
Courtesy
The Economic Times

You May Like

Ritesh Agarwal Seeks Blessing Of SoftBank Founder

Ritesh Agarwal Seeks Blessing Of SoftBank Founder Son

OYO founder and CEO Ritesh Agarwal tied the knot on March 7. He invited celebrities, political leaders and Soft Bank's son for his wedding reception, in New Delhi. Highlighting the event, Billionaire investor and SoftBank Group Founder Masayoshi… read-more

TAGS: Oyo Founder, ritesh agarwal, Newlywed, Softbank CEO, Wedding Reception

HDFC

HDFC Denies Leak Data Of Customer, Releases Official Tweet

The HDFC bank officials, denied any hacking and alleged security breach.  The clarification from the bank came hours after a hacker dumped 7.5 GB data purportedly belonging to HDFC customers. Hi, we wish to state that there is no data leak at… read-more

TAGS: HDFC, Bank Data, CUSTOMER, Security Breach, Bank

Power Grid

Power Grid Holds Meeting And Approves Investment For Projects

Power Grid Corporation of India Limited informed about approved investment for several projects. The decision was taken by the board of Directors of the company in their meeting held on March 6. The Power Grid approved investment for Eastern… read-more

TAGS: Projects, Power Grid, Indian government, business, Growth

Electric Vehicle

EVs Production In India Will Make It Dependent On China

The production of electric vehicles (EVs) in India will increase its reliance on China for raw materials, mineral processing, and battery production. The Global Trade Research Initiative (GTRI) stated that a life cycle impact analysis is required… read-more

TAGS: EVs, China, Market, Indian Automobiles, Production

Bitcoin

Money Laundering Laws Applies To Crypto Trading: GoI

In a setback to Indian bitcoin traders, India’s money laundering laws will now apply to trade in cryptocurrencies, said the federal government. In a notification dated March 7, the Government of India said, "The exchange between virtual digital… read-more

TAGS: Cryptocurrency, Indian government, MONEY LAUNDERING, Notification, Traders

Tata Motors

Tata Motors Technologies Unit Files For IPO

Tata Technologies, a unit of Indian carmaker Tata Motors filed for an initial public offering (IPO),  confirmed Tata Motors said in an exchange filing. On March 9, the automobile company said they will not offer any of the 95.7 million shares,… read-more

TAGS: TATA Motors, Tata Technologies, IPO, Shares, INDIAN MARKET