Latest news about blockchain and cryptocurrencies
Following a tweet from Elon Musk highlighting Tesla’s suspension of bitcoin payment acceptance due to sky-high energy needs, the industry quickly responded by highlighting the capable solutions that already address this drawback. Musk’s Comments Conveniently Ignore Reality of Blockchain Innovation Ever the commentator on all things crypto, Elon Musk took to Twitter on May 13th […]…
Read more →Source: Twitter, @haydentiff Dogecoin (DOGE) is among the best performing top cryptoassets today as major crypto exchange Coinbase confirmed its plan to list it, while Tesla’s Elon Musk said his team is helping the most popular meme coin. DOGE jumped by around 30% tonight (UTC) time following the news. At 03:27 UTC, it trades at USD 0.487 and is up by 11% in a day, trimming its weekly losses to…
Read more →Cuba has been actively discussing the possibility of adopting cryptocurrencies over the last few months during high-political summits. This time, the president of the Caribbean island discussed crypto assets once again during a virtual currencies topic on the summit agenda, talking about the possibility to consider it for future economic plans. Discussions Underway Despite Domestic […]…
Read more →Electric car manufacturer Tesla and its CEO Elon Musk once again moved the whole crypto market, triggering a sharp selloff, massive liquidations, and prompting speculations about Tesla’s move and reigniting debates about Bitcoin (BTC) mining. (Updated at 12:18 UTC: updates throughout the entire text. Updated at 14:50 with additional comments and the latest market…
Read more →Nasdaq-listed Microstrategy has bought the dip and purchased $15 million more bitcoins, taking advantage of the falling price for the cryptocurrency after Tesla CEO Elon Musk revealed that his company has suspended accepting bitcoin for payment. Microstrategy now holds about 91,850 bitcoins. Microstrategy announced Thursday that it has purchased $15 million more in bitcoin. CEO […]…
Read more →Elon Musk has said that Tesla will no longer accept Bitcoin payments. It’s the latest shift in Musk’s view of the leading cryptocurrency….
Continue reading on https://decrypt.co/70730/elon-musks-evolving-view-of-bitcoin
Read more →The most popular cryptocurrency, bitcoin (BTC), recovered some of its sharp losses, fueled by Tesla’s supremo Elon Musk as the car manufacturer said it has suspended vehicle purchases using BTC and is looking at other cryptoassets. BTC plunged from almost USD 55,000 to USD 47,600, before recovering higher again and fluctuating around USD 50,000. At 03:36 UTC, it trades…
Read more →CEO Elon Musk said Tesla would stop accepting Bitcoin for its cars, citing environmental concerns. Crypto Twitter responded….
Continue reading on https://decrypt.co/70702/crypto-leaders-react-to-elon-musks-bitcoin-environment-bombshell
Read more →Tesla has suspended accepting bitcoin for vehicle purchases, CEO Elon Musk has announced. The company cited concerns “about rapidly increasing use of fossil fuels for bitcoin mining and transactions, especially coal, which has the worst emissions of any fuel.” Tesla Stops Accepting Bitcoin Tesla CEO Elon Musk announced on Twitter Wednesday that his electric car […]…
Read more →The Cuban government is mulling crypto adoption as a means to fight back against financial turmoil, with crippling sanctions and the coronavirus pandemic fallout taking a heavy toll on the nation’s economy. Last month, the Congress of the Communist Party of Cuba (PCC) – the country’s central policy-making hub – put forward proposals that would involve…
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