‘Bitcoin is not an asset that is designed to be leveraged’ says Caitlin Long
Avanti Financial CEO says Bitcoin shouldn’t be leveraged, while regulations for stablecoins are underway Go to Source Powered by WPeMatico
Elon Musk
Auto Added by WPeMatico
Elon Musk’s ‘50% Clean Energy’ Bitcoin Mining Goal Will Be Complicated To Verify
On Sunday, Tesla’s CEO Elon Musk tweeted that when there’s “confirmation of reasonable (~50%) clean energy usage by miners with positive future trend, Tesla will resume allowing Bitcoin transactions.” However, there’s a big problem with this goal, as nobody knows exactly how to measure 50% clean energy usage let alone precisely where miners are geographically … Read more
Bull trap fears engulf Bitcoin market as BTC paints CME gap below $40K
Spot Bitcoin prices rallied towards $40,000 over the weekend but hinted at bullish exhaustion as CME Bitcoin futures opened Monday with a $1,500-plus gap. Go to Source Powered by WPeMatico
Elon Musk, $40K and no demand: 5 things to watch in Bitcoin this week
Musk leaves the door open for Tesla to accept Bitcoin again, sparking a run to near $40,000 — but will it hold? Go to Source Powered by WPeMatico
Elon Musk Says Tesla Will Resume Accepting Bitcoin When Miners Confirm 50% Clean Energy Usage
Tesla CEO Elon Musk has announced that when there is “confirmation of reasonable (about 50%) clean energy usage by miners with positive future trend,” his electric car company will start accepting bitcoin for payments again. Elon Musk Reveals When Tesla Will Resume Accepting Bitcoin Tesla CEO Elon Musk talked about when Tesla will resume accepting … Read more
Elon Musks lays out when Tesla will begin accepting Bitcoin payments again
Musk responded to a Cointelegraph tweet about Sygnia CEO Magda Wierzycka calling for the SEC to investigate him over alleged Bitcoin price manipulation. Go to Source Powered by WPeMatico
Bitcoin Mining Council Goes Live, Elon Musk Gets Sidelined
The Bitcoin Mining Council has gone live, launching its own website detailing its members and the mission statement of the organization. The council originated as a closed organization, but they are now allowing any miner to join. While Michael Saylor gets a founding member status, the site states Elon Musk has “no role” in the … Read more
Sygnia CEO criticizes Elon Musk for alleged Bitcoin pump and dump
“What we have seen with Bitcoin is price manipulation by one very powerful and influential individual,” said Magda Wierzycka. Go to Source Powered by WPeMatico
New report: El Salvador Bitcoin pump failed to attract smart money, for now
Bitcoin market sentiments remain skewed to the downside even after it becomes a legal tender in El Salvador following a parliamentary nod. Go to Source Powered by WPeMatico
Dogecoin frenzy forces UK fund manager to offload $1.1 billion Bitcoin stash
Ruffer revealed on Tuesday that it had sold its $600M position for $1.1B, citing concerns over excessive speculation across the cryptocurrency market. Go to Source Powered by WPeMatico