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Elon Musk Says Tesla Will “Most Likely” Resume Accepting Bitcoin (BTC)

Tesla CEO Elon Musk hints the company might resume accepting bitcoin (BTC) payments. Tesla Could Resume Accepting Bitcoin Speaking at the B-Word Conference, alongside Ark Invest CEO, Cathie Wood, and Twitter CEO, Jack Dorsey, Musk said the EV firm “will most likely” resume accepting the premier cryptocurrency for purchases. Musk said: “It looks like bitcoinRead More дальше »

2021-7-22 22:30


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Blockchain.com’s Head Of Research Breaks Down State Of The Crypto Market And What’s Coming For Bitcoin

The month of May was not a great one for the world’s biggest cryptocurrency and June hasn’t shown significant signs of improvement, not to the casual observer at least. Bitcoin had reached highs of over $60,000 but experienced a 40% drop after Elon Musk announced his car-manufacturing company, Tesla, was suspending Bitcoin payments despite having […] дальше »

2021-6-13 16:23


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U.S Congressman Slams Elon Musk, Says The Billionaire’s Support For Dogecoin Is Ingenuine

Elon Musk has been receiving a truckload of criticism from market players ever since he put out his comments about Bitcoin’s energy usage, which he considers intensive and unsustainable. The billionaire reckons that until the energy consumption level of the asset reduces, his EV car company Tesla will stop accepting payments in Bitcoin. Congressman pokes […] дальше »

2021-6-1 13:00


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Fundstrat’s Tom Lee On Why Bitcoin Can Exit The Year Over $100k Despite Being In The “Penalty Box”

It has been a bloody period for Bitcoin after the crypto started experienced some market troubles after reaching a new all-time high above $65k. The decision of Tesla to suspend bitcoin payments and the company’s CEO Elon Musk tweeting against Bitcoin’s power consumption while supporting Dogecoin have added to the pressure. As a result, BTC’s […] дальше »

2021-5-26 20:15


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Is Ripple Behind Most of the Bitcoin Energy Usage FUD? CoinShares’ Meltem Demirors Thinks So

The Bitcoin market hasn’t been a pretty sight of late. The top cryptocurrency seems to be struggling to beat back the bears as price take a hit after another. Notably, this crisis started when Tesla’s Elon Musk launched a scathing attack on BTC on account of the network’s massive power consumption. Elon’s company went on […] дальше »

2021-5-24 11:17


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Cryptocurrency Has Absolutely Tanked Since Elon Musk’s Bitcoin Announcement

Just a week ago, on May 12, Bitcoin was soaring to incredible heights. Each token was selling for as much as $57,000, up from just $30,000 at the start of the year. Then came a wrecking ball in the form of Elon Musk, whose electric car company Tesla had lent Bitcoin unprecedented mainstream credibility earlier […] The post Cryptocurrency Has Absolutely Tanked Since Elon Musk’s Bitcoin Announcement appeared first on Futurism. дальше »

2021-6-8 19:54


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Two crypto experts discussed crypto and whether ‘The Musk Effect’ is real

About a week and a half ago now, Elon Musk, the CEO of Tesla, and one of the wealthiest individuals in the world appeared on SNL, where he referenced his favorite crypto, Dogecoin (DOGE/USD). Two days later, Musk’s company, Tesla, announced that it will no longer accept BTC payments for electric cars due to the […] The post Two crypto experts discussed crypto and whether ‘The Musk Effect’ is real appeared first on Invezz. дальше »

2021-5-19 10:45


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Norwegian Billionaire: Bitcoin Becoming Mainstream Is Inevitable — Elon Musk’s Comments ‘Haven’t Changed Anything’

Norwegian billionaire Kjell Inge Rokke says bitcoin becoming mainstream is inevitable. Unlike Tesla, which stopped accepting cryptocurrency, Rokke’s company is now considering accepting bitcoin as a means of payment, emphasizing that Elon Musk’s comments about the cryptocurrency’s environmental issues have not changed anything. дальше »

2021-5-16 19:00


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Analyst Explains Rationale Behind Tesla’s New Stance On Bitcoin

Elon Musk recently set the cryptocurrency community ablaze when he announced Tesla’s withdrawal in accepting Bitcoin as a payment medium. The company’s sole reason for backpedaling on its decision to accept Bitcoin is tied to the asset’s level of energy consumption which Tesla believes is highly unsustainable despite Bitcoin being a promising digital currency in […] дальше »

2021-5-15 16:09


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Elon Musk Pokes Massive Hole in the Bitcoin Market After Halting Bitcoin Payments at Tesla

Elon Musk left the Bitcoin ecosystem in shambles when he, in his most recent tweet revealed that his electric vehicle company Tesla, would no longer be accepting car purchase payments in Bitcoin. The new development came as a shock to the community as Tesla had only introduced the asset as a payment medium on the […] дальше »

2021-5-14 10:29