Elon Musk

In Depth The mercurial entrepreneur has abandoned the cryptocurrency. What are the likely consequences?Back in February, when Elon Musk revealed that Tesla had bought $1.5bn worth of bitcoin and would henceforth accept the digital currency as payment for its cars, fans hailed the move as a sign that bitcoin had…

Source: Adobe/zilvergolf On Wednesday, what initially appeared as another usual sharp correction in the crypto market, suddenly turned into a less usual flash crash, once again marked by exchange outages and sharp rebound, while professional investors educate newbies, and Elon Musk claims that Tesla has not sold their bitcoin (BTC)…

INA FASSBENDER/AFP via Getty Images The market capitalization of global cryptocurrencies has dropped by 47% in just the last seven days, according to data on CoinMarketCap. Bitcoin has fallen roughly 40% since hitting all-time high in mid-April. See more stories on Insider's business page. The cryptocurrency market suffered a sharp…

You are here: Home / News / XRP defies the odds and moves upwards as other coins continue to slump May 19, 2021 by Sahana Kiran The entire crypto market was on a downward trajectory. XRP and Litecoin were the only coins that noted a bullish momentum. Bitcoin had dropped…

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Ethereum dipped from $3.8k to a local low of $3.1k after speculation rose of Tesla selling its BitcoinHowever, ETH inflows to exchanges are yet to increase with the recent dipEthereum holders are still bullish on the long term value of ETHConfidence in the markets is making a comeback after Elon…

You are here: Home / News / Bitcoin News / The Great Bitcoin Dump; A Week That Was All About Elon Musk May 17, 2021 by Chayanika Deka Seems like BTC advocates are not a fan of Elon Musk anymore. The Tesla Founder is not having the best time on…

Kim Dotcom believes that Bitcoin Cash (BCH) is the solution to Elon Musk’s quest for a more eco-friendly cryptocurrency with faster block timesKim Dotcom has been a long-term proponent for Bitcoin Cash citing that it is best placed to accelerate crypto adoptionInternet entrepreneur and founder of the once-popular MegaUpload files…

Stocks open the week mixed while Bitcoin, Ethereum tank | Fortune Read More

Elon Musk has stated via Twitter that Tesla has not sold any BitcoinThis comes after speculation grew that he had dumped his Bitcoin after a heated debate with the crypto Twitter communityBitcoin hit a local low of $42,196 before rebounding to $44k levelsThe CEO of Tesla and Founder of Space…