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  • Bitcoin drops below $60k for first time in fortnight

    November 16, 2021

    The cryptocurrency markets are down this morning, with the prices of both Bitcoin and Ethereum dropping almost 10% over the past 24 hours. 

  • JP Morgan sues Tesla for $162m warrant dispute over Elon Musk tweet

    November 16, 2021

    JP Morgan has sued Tesla for $162m and accused the EV carmaker of “flagrantly” breaching a contract related to stock warrants, after CEO Elon Musk threatened to take the company private in a 2018 tweet. According to the filing in New York on Monday, Tesla sold warrants to the US investment bank that would pay [...]

  • Four Silicon Valley CAs on why its status as the world’s tech capital will remain unchallenged

    November 16, 2021

    The pandemic saw many tech companies thrive as the world went more virtual. Despite talk of a drift away from Silicon Valley, local CAs tell Ryan Herman why its status as the world’s tech capital will remain unchallenged. This article first appeared in ICAS’s CA magazine. For Ninos Sarkis CA, there was only one place [...]

  • Tesla’s market value tumbles below $1tn after Musk’s offloading

    November 15, 2021

    Tesla’s market value has fallen below $1tn for the second time in four sessions, after investors reacted to chief executive Elon Musk’s offloading $6.9bn worth of shares. Following a $187bn loss in market value over the last week, the company dropped below $995.75, losing its $1tn status. Tesla’s shares bottomed to $983.25 this morning – [...]

  • Crypto market briefly surpassed $3 trillion mark after Bitcoin and Ethereum highs

    November 15, 2021

    Data from CryptoCompare shows that the price of Bitcoin hit a new all-time high last week, close to $69,000 but failed to breach the $70,000 barrier.

  • Bitcoin pushes back to $66k after Taproot upgrade goes live

    November 15, 2021

    Both Bitcoin and Ethereum were trading up today after BTC's long-awaited Taproot upgrade lifted crypto out of last week's slump.

  • Stop him now: Tesla shares go down as CEO offloads another $700m

    November 12, 2021

    Tesla’s shares have gone down from $1,069 in premarket trading to a $1,047.50 opening price, after chief executive Elon Musk offloaded a further $700m worth of stocks. Early in the week, Musk had sold $5bn of his shares as a result of a poll held last week where the extravagant billionaire asked his 63.4 million [...]

  • Be excited about crypto – even if you don’t understand it

    November 12, 2021

    Be excited and curious about what lies ahead for crypto, but don’t worry if you don’t understand it all fully, advises Jason Deane.

  • Will the ‘Tesla of aviation’ convince critics net-zero flying is not just a fairytale?

    November 12, 2021

    Firms like Aura aero have their doubters. UK environmental NGO the Aviation Environment Fund (AEF) thinks efforts to develop green aviation and zero-carbon technologies such as sustainable aviation fuels and hydrogen or electric aircraft will not help by themselves the industry reach its net-zero target. “Our politicians seem to be living in a fairytale world [...]

  • Tesla shares go up after Musk’s Twitter-induced $5bn offload

    November 11, 2021

    Tesla shares have gone up as chief executive Elon Musk sold $5bn of his stocks following a Twitter poll. The car maker’s shares have increased by 3.3 per cent to $1,103.40, recovering from a slump suffered earlier this week, when they closed 5 per cent lower on Monday compared to the previous Friday. Market shares [...]

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