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Showing posts from November, 2021

Elon Musk agrees to pay $20 million and quit as Tesla chairman in deal with SEC

Elon Musk agreed Saturday to step down as chairman of Tesla and pay a $20 million fine in a deal to settle charges brought this week by the Securities and Exchange Commission. Under the settlement, which requires court approval, Musk will be allowed to stay as CEO but must leave his role as chairman of the board within 45 days. He cannot seek reelection for three years, according to court filings. He accepted the deal with the SEC “without admitting or denying the allegations of the complaint,” according to a court document. The announcement from the SEC comes two days after the agency filed a lawsuit against Musk, claiming he misled investors. The suit centers on tweets Musk sent on August 7 in which he said he had secured funding to take Tesla private at $420 a share, causing the company’s stock to soar. He had not secured the funding, the SEC said. Musk called the SEC’s suit “unjustified.” “I have always taken action in the best interests of truth, transparency and investors,” he sa...

Bitcoin Price Predictions: BTC Crosses $63 000 Mark!

  Bitcoin Price Prediction Daily: Current Prices The current price of Bitcoin is  $  63,104.01. which is 0.10%  lower   than  24 hours ago. Click here for the latest Bitcoin price Contents Bitcoin Price Prediction Daily: Technicals Bitcoin Price Prediction Daily: Latest Bitcoin News and Tweets Bitcoin Price Prediction Daily and Forecast: Market Cap and Related News Bitcoin Price Forecast: What is the Bitcoin Prediction for 2021? Bitcoin Price Prediction Daily and Forecast: How to buy Bitcoins? Bitcoin Price Prediction Daily: Technicals Support Resistance Recommendation Investing.com $ 61,948(S3) $ 63,436 (R1) Buy FX Leaders $ 62,800(S3) $ 63,256 (R1) Buy FX Street $ 57,573 (S3) $ 64,818 (R1) Bullish Bitcoin Technical Analysis November 2021 Bitcoin Price Prediction Daily : Latest  Bitcoin News and Tweets #BTC  has broken out of the bull flag channel and has (marginally) flipped 63k local S/R. On the 4H there has been a few successful retests of the...

‘Squid Game’-inspired cryptocurrency that soared by 23 million percent now worthless after apparent scam

  In the Netflix hit series “Squid Game,” characters gambled with their lives. The price of playing the game in the real world may not be as steep as a life, but for many people who piled their money into Squid, a once red-hot cryptocurrency named after the show, the financial loss has still been significant. On early Monday morning, the value of a Squid coin collapsed from a high of just over $2,860 to effectively zero as cryptocurrency traders watched the token’s unknown creators clean out some $3.3 million in funds, according to digital  records . The maneuver, known as a “ rug pull ” in cryptocurrency circles, occurs when a token’s creators abandon the project by exchanging many virtual coins for real-world cash. They quickly drain liquidity from the product, effectively driving the coin’s value to zero and leaving other investors holding the bag in an apparent scam. “Squid Game Dev does not want to continue running the project,” the developers wrote on their Telegram chan...