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Elon MuskBy Chris Isidore, CNN (CNN) — Elon Musk’s big promises apparently no longer seem to be enough for many Tesla investors. Shares of Tesla (TSLA) fell 9% on Thursday following another dismal earnings report, released after the bell Wednesday. Tesla’s earnings and revenue both fell by double-digit percentages following the biggest sales drop in the company’s history. The automaker also faces a number of financial headwinds, including the loss of a $…See the Story
Tesla’s Stock Is Tumbling After Elon Musk Failed to Shift the Narrative
44% Left coverage: 18 sources
EthereumEther's recent price action may be fueled by more than just sentiment. According to Bitwise Asset Management Chief Investment Officer Matthew Hougan, the world’s second-largest crypto asset is undergoing what he calls a “demand shock,” driven by surging inflows into exchange-traded products and new corporate treasury strategies.In a thread posted Tuesday on X, Hougan broke down why he believes ether's rally is only getting started. Since mid-May…See the Story
Bitwise CIO on Ether’s ‘Demand Shock’: Why ETH’s Rally Has Staying Power
50% Center coverage: 4 sources
Business · United StatesThe Securities and Exchange Commission approved — then abruptly paused — Bitwise’s plan to convert its Bitwise 10 Crypto Index Fund (BITW) into a spot exchange-traded fund (ETF) on Tuesday, raising fresh uncertainty around the agency’s standards for crypto ETFs.The fund holds 90% of its weight in bitcoin (BTC) and ether (ETH), with the remainder spread across Solana (SOL), XRP, Cardano (ADA), Avalanche (AVAX), Chainlink (LINK), Bitcoin Cash (BCH…See the Story
SEC Approves, Immediately Pauses Bitwise's Bid to Convert BITW Crypto Index Fund to ETF
67% Center coverage: 3 sources
