elon musk lost $15 billion - Daily News Capsule

Bitcoin hit an all-time high as the market value reached $1 trillion. Everyone knows it is started by an unknown group of people under the name of Satoshi Nakamoto. Cryptocurrency exchange Coinbase has issued an IPO filing with a concern. If the inventor of bitcoin is revealed, the crypto market of Bitcoin and Ethereum can go down. However, not to get fooled by the name, Satoshi can't be Japanese. According to reports by Independent.co.uk, he holds 1.1 million of the total bitcoin market. Moreover, his existence is believed to have a socio-economic impact. In 2008, a white paper titled, Bitcoin: A peer-to-peer electronic cash system, by an anonymous. Therefore, there have been many failed attempts to unveil Santoshi's identity. The crypto market saw a hike in Bitcoin's price after El...

Elon Musk is famous for his non-sensical tweets in the past. He has gotten into trouble due to this in the past as well. Tesla Inc. shares slid 8.6% on Monday, wiping $15.2 billion from his current net worth. Making Musk lose the tag of World's Richest Man. This decline in Tesla's since September was embarked on by Elon's tweet about the prices. He tweeted about the price of Bitcoin and its other competitor "do seem high". This tweet became contradictory to the other tweet he made regarding the investment of Tesla in Bitcoin for $1.5 Billion. The cryptocurrency which has always seen its high, fallen down below $50,000 on Tuesday. Musk drop on the second number on the Bloomberg Billionaires Index of the world's 500 richest. His now net worth is $183.4 Billion down from $210 Billion ...

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Identity of Satoshi Could Harm Crypto Market

Musk Slips From World’s Richest Man; $15 Billion