Crypto Morning News - April 27th
Tesla Q1 earnings report: $101 million in funding through the sale of Bitcoin
Sina Technology reported that Tesla announced the company's first quarter financial report after the market on Monday, and the company has achieved profitability for seven consecutive quarters. The financial report shows that Tesla’s adjusted earnings per share in the first quarter were 93 cents, and the market expected 80 cents, revenue was $10.389 billion, a year-on-year increase of 74%, and the market expected $10.292 billion, the first quarter net profit was $438 million to a new high , The market is expected to be $525 million. Tesla also said that in the first quarter, it received $101 million in funding through the sale of Bitcoin. As of March 31, 2021, Tesla's net digital assets were $1.331 billion. After the financial report was announced, Tesla's stock price fell more than 1% after the market, and the company's stock price closed up 1.21% on Monday to $738.20.
Bittrex Global will soon support the deposit and withdrawal of TRC20-USDT
Bittrex Global will soon support the deposit and withdrawal of TRC20-USDT. In addition, the deposit and withdrawal of TRC-20 BTC and TRC-20 ETH will also be scheduled. It is reported that TRC20-USDT is a US dollar-pegged stable currency issued by Tether based on the TRON network. Its fast transfer speed and low handling fee have attracted a large number of users, and there are already Binance, Huobi, OKEx, Bitfinex, MXC, BiKi , KuCoin, Gate.io, Poloniex and many other exchanges. USDT based on the TRC20 version will greatly enhance TRON's existing decentralized application ecosystem, bring higher overall value storage and stronger decentralized exchange liquidity, and provide enterprise-level partners and institutional investors Provide a more convenient blockchain entry.
Dogecoin core developer Sporklin dies of cancer
Dogecoin co-founder Billy Marcus tweeted that Sporklin, the core developer of Dogecoin, died of cancer. Sporklin dedicated the last seven years of her life to Dogecoin in various ways. Sporklin announced its withdrawal from the Dogecoin project in February this year.
Record producer DJ Premier will release NFT at Nifty Gateway on April 28th
Nifty Gateway tweeted to announce that American hip-hop singer and record producer DJ Premier will release his NFT on April 28th.
Fei Protocol, a stablecoin protocol, submits FIP-2 proposal for DAO voting
Fei Protocol, a decentralized stablecoin protocol, said on Twitter that the FIP-2 proposal has been submitted to the DAO for voting, and the team will vote for the proposal. The proposed changes in the proposal include: 1. Redemption of FEI at a price of $0.95. 2. Double the accumulated FEI-TRIBE pledge reward.
Coinbase: Investigating XLM withdrawal issues
Coinbase officially stated that it is investigating the issue of XLM withdrawals.
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Tesla CEO Elon Musk: I did not sell any bitcoins I held
Tesla CEO Elon Musk: I did not sell any bitcoins I held, why Tesla sold bitcoin is we want to prove that liquidity is a substitute for cash.
More than 200,000 addresses bought nearly 10 million ETH at an average price of $2,270
IntoTheBlock tweeted that IOMAP data shows that the current transaction price of ETH is higher than the stable support level. More than 200,000 addresses have purchased nearly 10 million ETH at an average price of $2,270.
PayPal CEO: User demand for cryptocurrency is much higher than expected
PayPal CEO Dan Schulman revealed that user demand for cryptocurrencies on the platform is much higher than expected. Schulman said: "The demand for cryptocurrencies has reached several times what we initially expected. This is exciting." He believes that the use of cash and credit cards will drop "precipitously" in the ten years from now. Instead, most financial operations will be carried out through smartphones and "super apps."
Dave Portnoy, President of Barstool Sports, buys Bitcoin again
Dave Portnoy, president of Barstool Sports, a media company focused on pop culture and sports, tweeted today that he is proud of owning a Bitcoin. It is reported that the bitcoin was recently bought at a price of 48,000 US dollars. It is worth noting that Portnoy vowed to never buy Bitcoin two months ago.
MARKET DATA - TOP 10 [ from CoinMarketCap ]
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