Elon Musk

When billionaire Elon Musk announced that Tesla would no longer accept bitcoin as payment for its electric vehicles, the price of the crypto asset tanked. In justifying this decision, Musk cited bitcoin mining’s inefficient use of electricity as well as its impact on the environment. In fact, before Musk waded…

Dit kan intimiderend wees om in digitale geld te belê, maar dit hoef nie te wees nie. Foto: Getty Images Bitcoin's extreme volatility carried into the weekend as the world's largest cryptocurrency continued this past week. The digital token slumped as much as 13% on Sunday, and traded 12.3% lower at…

Elon Musk, the meme-loving Tesla TSLA chief executive that moves markets with his irreverent tweets, is apparently readying for war. Musk, who's recently gone all-in on the somewhat satirical cryptocurrency dogecoin—helping its price soar many thousands of percent to a mind-blowing $42 billion market capitalization—sees a "battle" coming between government-backed…

Every season finale of NBC’s Saturday Night Live brings anxiety for fans that some of their long-time favorites may be leaving. Tonight’s Season 46 closer left many viewers fearing that we may have seen the last of a number of long-time cast members. With the pandemic seriously impacting the second…

This weekend, the season 46 finale of Saturday Night Live took a different approach with its cold open. Instead of being a sketch, the entire cast recalled what they remembered about this year. "This year was crazy," shared Aidy Bryant, with Cecily Strong adding, "So crazy it made a lot…

Bitcoin investors have been rocked by a price crash that's wiped more than 50% from bitcoin's all-time high. The bitcoin price, after nudging $65,000 per bitcoin in April, dropped to just under $30,000 this week before rebounding slightly, falling after Tesla billionaire Elon Musk expressed doubts about bitcoin and fear…

What a week! Even more so than weeks prior. As the Cryptoverse was hard at work debunking Elon Musk's BTC criticism, with many accusing him of market manipulation, markets turned super-red in a flash crash, for which insiders gave several reasons, and BTC nearly tested USD 30K. And while many…

Auditing the quantities of renewable energy used by large-scale BTC miners is crucial in calming fears about the crypto’s carbon footprint. This is according to Tesla’s CEO Elon Musk. Musk was responding to a tweet from Brett Winton, Ark Investments director of research. The latter had asked about Bitcoin mining’s…

Catherine Wood, CEO of Ark Management, predicts that “Elon will come back and be part of ecosystem”. Bitcoin (BTC) reached its all-time high in value of $64,804.72 in April 2021. However, few could have foreseen a -17.8% downward spiral in value just over the past week. BTC saw an accumulated…

Home » Business » The CoinGeek Pulse Episode 45: Elon Musk tweets blocksize and low fees, Bitcoin flippening, Bitcoin Pizza Day Following his tweet on Tesla dropping Bitcoin as a payment option for its products, Elon Musk initiated block size conversation on Twitter and triggered small-block supporters. Early this week,…