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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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Bitcoin Fans Are Absolutely Furious at Elon Musk

Pump and Dump On Wednesday evening, Tesla CEO Elon Musk announced that the automaker would no longer accept Bitcoin payments just months after it first started to. The move sent shockwaves through the Bitcoin community — and caused the crypto’s value to plummet, according to CNBC — and Bitcoin holders accusing Musk of manipulating the […] The post Bitcoin Fans Are Absolutely Furious at Elon Musk appeared first on Futurism. дальше »

2021-6-8 17:54


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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


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Man Offers to Buy 111 Tesla Model 3s if Elon Musk’s Company Accepts Bitcoin Cash for Payments

On April 20, a video stemming from the Youtube channel called “1stmil.com” has the Bitcoin Cash community talking. The host of the channel sitting in a Tesla dealership parking lot explains in his recent video that if Elon Musk gets Tesla to accept bitcoin cash directly for cars, he plans to commit to purchasing 111 […] дальше »

2021-4-22 07:30


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Bitcoin Price Surpasses $44k Handle, ETH Futures Launch, Tesla’s Balance Sheet BTC Praised

The price of bitcoin touched a new all-time high on Monday after the community discovered that Elon Musk’s firm Tesla added $1.5 billion worth of bitcoin to the company’s balance sheet. At press time, bitcoin is meandering over the $43k handle and has an overall market capitalization of around $814 billion today. Crypto Markets Rise […] дальше »

2021-2-9 20:25


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Why GameStop’s Meteoric Stock Rise Is Bullish For Bitcoin

The recent 92.7% upsurge in GameStop’s (NYSE: GME) stock has been making rounds in the fintech community, and as expected the Bitcoiners didn’t fail to chime in. The rally began on Tuesday when Redditors from the r/WallStreetBets Reddit community ignited a campaign that sent the stock to the rooftop. Elon Musk who later joined in […] дальше »

2021-1-29 22:33