Brace yourselves, Tesla may have sold even more Bitcoin

17 May 2021

???? BTC | $46,067 (-1384, -2.9%)

???? ETH | $3,525 (-260, -6.9%)

???? XRP | $1.42 (-0.11, -7.4%)

???? LTC | $291 (-14, -4.6%)

BTC markets are down over -25% from all-time highs, with major declines directly triggered by flip-flopping on the cryptocurrency from Tesla CEO Elon Musk. Just this morning however, the billionaire hinted on Twitter ( that Tesla may have sold its Bitcoin holdings already.

The “Ethereum killer” – Binance Smart Chain has just suffered yet another hack, with a protocol (bEarn) based off of the network losing nearly $11M in the incident. This comes as another hack earlier in May caused losses of over $30M (Spartan Protocol).

NFTs may be here to stay – albeit cheaper, as a collection of nine CryptoPunk NFTs sold for $17M at Christie’s last week. For comparison, a particular CryptoPunk (they are all unique) sold for $7.6M just earlier this year.