Category: Market Data

Market Data
FDA Approval Spurs Nasdaq to Cross All-Time High
FDA Approval Spurs Nasdaq to Cross All-Time High

Wall Street exhibited a huge surge on Monday. The Nasdaq rallied and crossed the all-time high. The reason was FDA’s full approval to the Pfizer vaccine.  All major stock indexes of the U.S., including the S&P 500 were seen showing sharp highs while closing. However, S&P 500  couldn’t mark a record-high at the close.  The […]

Market Data
Elon Musk's Tesla Holds $1.3 Billion Bitcoin in Q2
Elon Musk’s Tesla Holds $1.3 Billion Bitcoin in Q2

Despite having some concerns about digital assets, Tesla hasn’t sold any additional Bitcoin. According to Elon Musk’s electric car company’s Q2 financial presentation on Monday, there were no new sales or purchases of digital assets. Bitcoin is worth $1.3 billion to the firm. In February, Tesla revealed that it had acquired $1.5 billion in Bitcoin. […]

Market Data
Crypto-linked Stocks Plunge After Musk's Tweet
Crypto-linked Stocks Plunge After Musk’s Tweet

The crypto community was startled recently when Elon Musk let out a tweet regarding Bitcoin use. As per the tweet, Tesla is suspending vehicle purchases with BTC. The tweet continued stating that the company is concerned about fossil fuel consumption during Bitcoin transactions and mining. The processes use resources like coal, which oozes the worst […]

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