Analysis Crypto by Thebittimes.Com

Elon Musk’s SpaceX transferred Bitcoin worth $268.5 million, its first since since July, sparking speculation about the strategy behind the move. On-chain data from Arkham Intelligence shows that the company moved a total of 2,495 BTC to two wallet addresses that remained unmarked. 1,298 BTC was sent to the address “bc1qj7enhu6…,” while another 1,197 BTC was transferred to the address “bc1qq7872pz…” As of 6:43 a.m. EST, the wallets had not moved or sold the BTC. Latest Bitcoin Transfers Seen As A Wallet Reorganization While the reason for the recent transfers remains unclear, some analysts believe that the transactions were just part of a wallet reorganization.  Crypto analyst Aunt Ai (ai_9684xtpa) is among the analysts that believe the transactions might not be a sign that SpaceX is looking to sell its Bitcoin.  SpaceX 时隔三个月再次转出价值 2.68 亿...

In what is certainly a win for the Tesla CEO, a judge has blocked the US government’s lawsuit against Elon Musk ’s SpaceX. Indeed, in Brownsville, Texas, Judge Rolando Olvera has prohibited the US Department of Justice from continuing its administrative case against the company. Specifically, the DOJ had alleged that Musk’s space exploration company had illegally refused to hire refugees and asylum recipients. However, Olvera put an end to the legal proceedings in a written order given this week. Subsequently, he noted issues in the appointment of DOJ judges who hear cases involving anti-immigrant issues. JUST IN: 🇺🇸 Judge blocks US Government's lawsuit against Elon Musk 's SpaceX. pic.twitter.com/z7RditnnYk — Watcher.Guru (@WatcherGuru) November 9, 2023 Also Read: Elon Musk , SpaceX Files Lawsuit Against US Government Elon Musk’s SpaceX is Protected from a US Government Lawsuit As one of the tech sector’s most divisive...