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According to BTC data from Bitcointreasuries.net, Coinbase has overtaken Elon Musk’s Tesla as the 10th largest Bitcoin holder in the list of top public BTC treasury companies. The popular cryptocurrency exchange platform holds 11,776 BTC, valued at around $1.36 billion. Source: Bitcointreasuries.net Coinbase Long On Bitcoin, Will Elon Musk’s Tesla Follow? Source: bloomingbit.io According to an X post by Coinbase CEO Brian Armstrong, the company is long on BTC. Armstrong stated that Coinbase’s BTC holdings increased by 2509 BTC in Q2 of 2025. The CEP added that the company will keep buying more BTC in the future. The company seems to be making quite a profit with its BTC holdings. The total cost basis for the total BTC held is $740 million, while the fair value is $1.26 billion. Coinbase is long bitcoin. Our holding increased by 2,509 BTC in Q2, and we keep buying more. pic.twitter.com/ztx10X2YXV — Brian Armstrong (@brian_armstrong) July 31, 2025 Also Read: Coinba...

The US political arena is now brimming with a new development that revolutionizes the US demographics as we know them. Donald Trump is adamantly advocating for his “big beautiful bill,” which he believes can change American lives for the better. However, on the contrary, the aforementioned bill has drawn criticisms from market experts, with Elon Musk vowing to launch a new political party if this bill enters the US economic demographics. In the meantime, investors cannot help but wonder how the world will look under the leadership of Elon Musk. Can Musk truly compete with the likes of Trump? How high can the cryptocurrency market sustain if he launches his political party? Will Bitcoin and Dogecoin note a significant price surge in this wake? Let’s find out the answers to all these burning queries. Al so Read: This Underdog Meme Coin Could Flip SHIB and DOGE in 2025 Musk May Form A New Political Party Source: Queen City News In a new twist of events, Elon Musk has taken to X to an...

Toncoin (TON) experienced a massive price spike on May 28. The rally came after Telegram CEO Pavel Durov announced a new partnership with Elon Musk’s xAI. According to Durov, Telegram has signed a 1-year deal with xAI. The partnership will allow Telegram users to access xAI’s Grok chatbot. Telegram will receive $300 million in cash and equity from the AI company. The messaging platform will receive 50% revenue from xAI subscriptions sold via Telegram. This summer, Telegram users will gain access to the best AI technology on the market. @elonmusk and I have agreed to a 1-year partnership to bring xAI’s @grok to our billion+ users and integrate it across all Telegram apps This also strengthens Telegram’s financial… pic.twitter.com/ZPK550AyRV — Pavel Durov (@durov) May 28, 2025 Toncoin (TON) Surges After Telegram-Elon Musk Deal TON’s price is up 9.2% in the daily charts, 6.7% in the weekly charts, 3% in the 14-day charts, and 1.1% over the previous month. Despite ...

The 2024 election win for Donald Trump proved to be one of the most historic in the United States. It marked Trump’s return to the Oval Office and brought with him some ambitious ideas for the country. Among them were spearheaded efforts to slash government spending. Well, two months into his second administration, how much has the DOGE Commission saved US taxpayers so far? Tesla (TSLA) CEO Elon Musk was set to head the effort, as he was a critical part of Trump’s campaign late last year. He has not been shy about the importance of the role, and the collective has wasted no time in taking action. The question is, just how much have they saved the country to this point? Source: The New York Times Also Read: Will Donald Trump Lower Taxes in 2025? How Much Has Elon Musk’s DOGE Saved US Taxpayers? For the last several years, the United States has struggled mightily with its federal debt. Currently standing at more than $36.2 trillion, the issue is starting to become unavoidable. Moreover, ...

Although the start of the year has not been kind to Tesla (TSLA), Wolfe Research has recently said that it has emerged as the best stock to buy for one specific purpose. Indeed, the EV manufacturer has failed to live up to expectations in 2025. Although it rebounded at the tail end of last week, it has still fluttered to make headway this year. Over the past month, the stock has dropped more than 16%, according to CNN data. Moreover, its recent fall has led more than half of the platform’s 54 surveyed analysts to give the stock a hold or sell rating. Moreover, with 60% downside in its low-end price projection, why does Wolfe Research have it topping one specific list? Source: Investopedia Also Read: Tesla (TSLA) to Unleash $10T Business? Why the Stock May SoarAlso Read: Tesla (TSLA) Tops New Wolfe Research List: Says Its Best Stock for One Specific Reason Although we are less than two months into the year, Tesla has had reason to be both optimistic and pessimistic about the stock....

Despite the stock’s rather difficult time over the last few weeks, its CEO has not lost hope. Indeed, Elon Musk has recently stated his belief that Tesla (TSLA) will eventually surpass the world’s five largest companies in worth. Yet, can its future products be enough to propel it beyond its current struggles? Tesla had underperformed in its most recent earnings report. Moreover, it looks to be one of the biggest companies affected by the ongoing geopolitical tensions. As US President Donald Trump institutes tariffs on North American nations, it places a lot of the company’s earning power into question. So, why is Musk still so optimistic? Source: Investopedia Also Read: Tesla (TSLA) Stock Keeps Falling: Are Trump’s Tariffs to Blame? Elon Musk Says Tesla Will be Worth More than Five Largest Companies Combined: But Why? Midway through Wednesday, Tesla shares had already fallen more than 2.51%. That has come to be indicative of the trend, as opposed to the exception. Thi...

Electric vehicle manufacturer Tesla reported a $589 million gain on its Bitcoin holdings in the fourth quarter last year after a change in US accounting rules that allowed companies to record the market value of crypto on their books. Tesla, which was founded by technology billionaire Elon Musk, released its Q4 2024 results yesterday. They show that the company valued its holdings in BTC at more than $1 billion, a substantial increase from the $184 million it logged during previous quarters. New FASB Rule Lets Companies Record Market Value Of Crypto A 2023 Financial Accounting Standards Board (FASB) rule that came into effect around the middle of December 2024 lets companies use the estimated value of their digital asset holdings in their balance sheets.  Prior to the new rule, a corporate’s crypto holdings decreased on the books if the digital assets lost value in an accounting period. The recorded value of the assets would then not increase until the company sold the...

A large number of Bitcoin influencers are backing a leading candidate for Canadian prime minister. Pierre Poilievre, a pro-bitcoin candidate, might assume Justin Trudeau’s seat as soon as this year. Trudeau stepped down as prime minister this week and Poilievre quickly emerged as an early front-runner to take over the position. Polymarket, a binary options website that doesn’t necessarily indicate real-world odds like traditional polls, accepts crypto-denominated bets at an 89% rate in favor of Poilievre succeeding Trudeau as Canada’s next leader. Kalshi, another binary options prediction market, gives Poilievre a far lower 14% chance, instead listing Mark Carney as traders’ favorite at a 40% betting rate. Poilievre has nicknamed his rival “Carbon Tax Carney.”  Poilievre has so far earned endorsements from MicroStrategy’s Michael Saylor , Galaxy Research’s Alex Thorn, Bull Bitcoin’s Francis Pouliot, and various other bitcoin influencers. Nayib Bukele kills Salvad...

Elon Musk’s profile changes on X sparked massive volatility in the cryptocurrency market. His reference to Kekius Maximus caused the meme coin to surge by nine hundred percent. The dramatic price movement demonstrates the continued influence of social media on cryptocurrency values. The incident highlights the speculative nature and potential risks in cryptocurrency meme coin investments. Market sentiment remains sensitive to influential figures’ social media activities, affecting investment decisions. New cryptocurrency releases are increasingly incorporating social media strategies to capture similar explosive growth potential. New cryptocurrency Releases, Listings, & Presales Today SEKOIA’s strategic investment with VolatiliyX strengthens its mission to democratize access to premium financial intelligence. ItronixAI’s upcoming AI Agents Dashboard launch showcases its commitment to developing powerful artificial intelligence trading tools. 1. Volatiliy...

The Musk-Trump camaraderie finally showed effect as the Dogecoin proponent took to X to announce his new official cabinet position. Musk took the world by storm as he shared the official statement made by President Donald Trump crowning him as the head of the Department of Government Efficiency (DOGE). The Trump’s statement comprises details of the official Department of Government Efficiency that Musk will be running alongside Vivek Ramaswamy, a role that involves strict budgeting and planning financial duties to safeguard the future of the United States. As Musk assumes his political stint, his adoration for cryptocurrency may also lead Dogecoin to note a jump in price. At press time the token is sitting at $0.37, up 4% in the last 24 hours. Also Read: US Dollar Jumps, Bitcoin Spikes As Trump Regime Euphoria Takes Over Dogecoin: Musk Is Officially Crowned As Head Of Department Of Government Efficiency (DOGE) By Trump Source: Watcher Guru President Donald Trump has rolled out an ...

Donald Trump has won the US presidency for a second term after emerging victorious against Kamala Harris in the US election, leaving many wondering if the Trump presidency will deliver on the campaign promises he made to the digital asset space From firing Securities and Exchange Commission (SEC) chair Gary Gensler ”on day one,” to making the US ”the crypto capital of the planet,” and establishing a strategic Bitcoin reserve, Trump has talked up an ambitious pro-crypto agenda. In anticipation of what’s to come, the crypto market is celebrating the victory, with Bitcoin’s price surging 8% to trade above $74K as of 8:09 a.m. EST, while the broader crypto market has seen its market capitalization jump 8%. Donald Trump Promises To Be “Crypto President,” Fire Gensler Earlier this year, Trump said he wants to become the “crypto president” if he gets elected, and that he’d get the job started by firing Gensler on the fi...