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“# Early crypto pioneer slams Elon Musk’s ‘hypocrisy’ on Bitcoin payments ” The founder of one of the first physical cryptocurrency exchanges has slammed what he perceives as hypocrisy on the part of Elon Musk, after the Tesla CEO announced the electric car firm would stop accepting Bitcoin (BTC) as a form of payment. The…
“# DOGE surges as Elon Musk says he’s working with devs to ‘improve efficiency’ ” Elon Musk’s latest foray into crypto markets came a few hours ago when he tweeted he is working with the DOGE developers to improve the cryptocurrency’s efficiency “Working with Doge devs to improve system transaction efficiency. Potentially promising.” According to Coingecko, the…
“# Elon Musk loses $20B since SNL, as Michael Saylor comes out firing ” Elon Musk has reportedly lost $20 billion since his May 8 appearance on Saturday Night live, as the news of Tesla halting BTC payments for cars continues to send shockwaves across markets. On May 7, the day before Musk made his…
“# Green energy tokens capitalize on Tesla’s decision to nix Bitcoin payments ” After months of touting the benefits of Bitcoin (BTC) and blockchain technology, Tesla CEO Elon Musk shocked the crypto Twitter on May 12 by announcing that the electric car company would suspend its accepting BTC as a form of payment, citing concerns…
“#Tesla driver arrested for backseat driverless ride does it again” The Tesla driver who was jailed on Monday for riding in the backseat of his driverless car is reportedly back to his old tricks. Param Sharma’s mugshot after getting arrested last week for sitting in the backseat of a driverless Tesla.Santa Rita Jail Param Sharma…
“# Bitcoin is durable, says BlackRock’s Rick Rieder ” Rick Rieder, chief investment officer at BlackRock Financial Management, is pushing back against Telsa CEO Elon Musk’s decision to drop Bitcoin as a form of payment. In an interview with CNBC’s Squawk Box today, Rieder said Bitcoin (BTC) had “not reached maturity yet” and still had…
“#Bitcoin fell about 14% after Tesla stopped accepting it as payment” Bitcoin plummeted as much as 14 percent after Tesla CEO Elon Musk said the electric car maker suspended use of the cryptocurrency as payment for its vehicles. Musk added in a tweet that Tesla would not sell any of its current bitcoin holdings, which…
“# 3 reasons why Bitcoin doesn’t care about Elon Musk ” Bitcoin (BTC) dived 17% when Tesla CEO Elon Musk criticized its energy consumption — but it’s already bouncing back. On May 13, fresh from its dip to $45,60, BTC/USD is trading above $51,000, having regained over half its lost ground. With the drama still…
“#Cryptocurrency market tanks after Tesla suspends bitcoin transactions” The global cryptocurrency market lost hundreds of billions of dollars in value after Tesla CEO Elon Musk said his company was suspending the use of bitcoin for vehicle purchases, a report said. Musk made the announcement via tweet just after 6 p.m. Wednesday, at which point the…
“# Backlash to Elon Musk’s Bitcoin bombshell as traders start to buy the dip ” With Tesla’s suspension of Bitcoin payments causing chaos in crypto markets today, critics have targeted CEO Elon Musk’s cavalier attitude to the dramatic effects his words and actions can have on the sector. On May 13, Tesla and Musk announced…