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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
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
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
“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
The Tesla CEO was the subject of criticism for his devil-may-care approach to moving cryptocurrency markets. Go to Source Powered by WPeMatico
Even if the billionaire doesn’t give up his new toy willingly, it may soon slip through his fingers anyway. Go to Source Powered by WPeMatico
The price of the leading cryptocurrency took a hit after billionaire Elon Musk mentioned Bitcoin in a new tweet hinting at a breakup. Musk’s latest crypto post, featuring a broken heart emoji and a reference to a Linkin Park song, effectively halted this week’s market rebound. Musk Tweet Pushes Bitcoin Price Down Before the Weekend … Read more
The token emerged as one of the top performers in the cryptocurrency market even as traders mass-dumped other assets. Go to Source Powered by WPeMatico
BTC demand via Grayscale Bitcoin Trust is dropping for several key reasons. Go to Source Powered by WPeMatico
Daymak, a Canada-based electric vehicle company, has announced the Daymak Spiritus, an electric car that will be able to mine cryptocurrencies. According to the specs, it will also feature solar charging to lessen the load on the battery while driving. The company, which has only offered the car for 60 days, claims to have managed … Read more