CoinMarketCap published this video item, entitled “Elon Musk Sells $4B of Tesla Stock & Panama Legalizes Crypto Transactions [Crypto Espresso 04.29.22]” – below is their description.
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🔵 CoinMarketCap Daily:
• Elon Musk Suffers Big Setback over Tweets — and Sells $4B of Tesla Stock
The world’s richest man says he has no further plans to offload stock in the electric vehicle company, which saw $126 billion wiped from its value in a single day this week.
• U.S. Has ‘Grave Concerns’ over Fidelity’s Plan to Add Bitcoin to 401(k) Retirement Plans
Ali Khawar, a senior official within the administration, told The Wall Street Journal that he fears the move could put the funds of everyday consumers at risk.
• Panama Legalizes Crypto Transactions, But Won’t Make Bitcoin Legal Tender
Crucially, Panama won’t be charging capital gains on Bitcoin, something that has been regarded as a pain point for investors around the world.
• Just 737 People Have Used Coinbase NFT Since It Launched
Coinbase NFT has had trading volumes of $315,874 since April 20 — while OpenSea’s stands at $92 MILLION over the past 24 hours alone. That said, this new marketplace is still in beta mode.
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