Day: 19 October 2023

Tesla’s Bitcoin Hodl: Stubborn Conviction or Reluctant Bagholder?

Admin
Tesla’s Bitcoin Hodl: Stubborn Conviction or Reluctant Bagholder?

Tesla’s latest earnings report shows it still holds nearly 10,000 bitcoin worth over $275 million. This unchanged position sparks an intriguing debate – is Tesla signaling stubborn conviction in bitcoin’s future, or are they a reluctant bagholder afraid to realize further losses? Keypoints Tesla still holds 9,720 bitcoin worth around $275 million as of Q3 2023 earnings report. This indicates no change in its bitcoin holdings since last year. Tesla initially purchased over 43,000 bitcoin in early 2021 for $1.5 billion. It sold about 75% of its holdings in Q2…

Read More

OKX Liquid Marketplace Outperforms in September, Hits All-Time High $1.54 Billion in Monthly Futures Spreads Volume

Admin
OKX Liquid Marketplace Outperforms in September, Hits All-Time High $1.54 Billion in Monthly Futures Spreads Volume

Dubai, UAE, October 18th, 2023, Chainwire OKX, a leading crypto exchange and Web3 technology company, today announced that futures spreads trading volumes on its Liquid Marketplace, a spot OTC, futures spreads and options liquidity network, reached a record monthly high of US$1.54 billion in September 2023. This achievement represents 62%* of the institutional market share for futures spreads for the month. Since the July 2023 launch of Nitro Spreads, a venue under OKX’s Liquid Marketplace for institutional traders to execute basis, futures spreads and funding rate arbitrage strategies, OKX’s cumulative…

Read More

Blockchain.com and TON Foundation introduce Toncoin incentive program

coinmaker
Blockchain.com and TON Foundation introduce Toncoin incentive program

Zug, Switzerland, October 18th, 2023, Chainwire Today, The Open Network Foundation (TON Foundation), the non-profit Swiss organization working towards growing a Web3 ecosystem within Telegram, has announced a collaborative endeavor with Blockchain.com, one of the world’s most trusted and popular platforms for retail customers and institutions to buy, sell, and trade cryptocurrency.  Through this collaboration, Blockchain.com and TON Foundation will make crypto more accessible for the over 800 million monthly active users on Telegram. In September 2023, TON Space, the TON-based self-custody cryptocurrency wallet developed by the team behind Wallet,…

Read More