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According to a filing with the United States Securities and Exchange Commission on Jan. 31, electric vehicle manufacturer Tesla disclosed that it had recorded a $204-million gross impairment loss during 2022 on its Bitcoin holdings. #bearorbull #crypto2023 #cryptoonindia #tesla

According to a filing with the United States Securities and Exchange Commission on Jan. 31, electric vehicle manufacturer Tesla disclosed that it had recorded a $204-million gross impairment loss during 2022 on its Bitcoin holdings.

#bearorbull #crypto2023 #cryptoonindia #tesla

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A Bitcoin (BTC) wallet holding $2.6 billion has been identified as potentially belonging to a military contractor with ties to Russia. While speculative, Yevgeny Prigozhin's reportedly shady business activities may have benefited from Bitcoin's anonymity. Russia's OSCE Parliamentary Assembly designated Prigozhin's company, Wagner, as a terrorist entity in July 2023. #bitcoin #cryptocurrency #billionaire #crypto2023 #cryptoonindia
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India has already made significant progress towards a wholesale and retail CBDC even though a full-scale launch is awaited. Reliance Industries Ltd. is entering the world of blockchain and central bank digital currencies (CBDCs), its Chairman and Asia's richest man, Mukesh Ambani, announced on Monday. Ambani's Reliance ventured into the financial sector through its new financial services entity, Jio Financial Services (JFS), launched earlier this month. The development received further momentum with the announcement that BlackRock (BLK) would be a partner. #reliance #jio #blockchain #cbdc #cryptoonindia
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Lugano, Switzerland sponsors its soccer team with Bitcoin, showcasing its commitment to digital currencies and blockchain technology. The partnership includes Bitcoin payments for tickets, merchandise, and player salaries, setting a potential trend for innovative sports sponsorships. Aligned with Switzerland's digital asset strategy, this move could reshape sponsorships, highlighting cryptocurrency's transformative impact on diverse sectors. #switzerland #lugano #bitcoin #planb #cryptoonindia
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One of the largest investment companies in the world — is positioning itself in the Bitcoin (BTC) mining industry. The investment giant is already the second-largest shareholder in four out of the five biggest Bitcoin miners by market capitalization. According to the CompaniesMarketCap Index, the five largest Bitcoin miners sum up to $5.4 billion in market capitalization, and have registered massive losses in the last 30 days. #blackrock #bitcoin #mining #cryptocurrency #cryptoonindia
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In a recent financial report, adult content subscription service OnlyFans revealed that it had invested a portion of its working capital into Ethereum (ETH). As of November 30, 2022, OnlyFans had purchased $19,889 million worth of ETH, which recorded an impairment loss of $8,455 million, leaving a carrying amount of $11,434 million. OnlyFans Owner Collects $485 Million in Dividends OnlyFans, known for its innovative mindset and commitment to expanding its investment portfolio, recently revealed it has allocated funds to the second-largest cryptocurrency – ETH. #onlyfans #Ethereum #ETH #investment #cryptoonindia
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