Elon Musk has been the “man of the hour” for far too long because of his scandalous tweets from time to time. Yesterday was no different when Musk, in reply to an allegation, tweeted that Tesla will start accepting Bitcoin once miners can confirm clean energy usage around 50%. Tesla’s bout
Tag: BTC
Bitcoin sees a ray of hope as its market dominance increases!
The volatility of the cryptocurrency market can never be overstated, as evident from the recent trends. Cryptocurrencies have probably seen the worst case of fluctuations in a long time caused by certain tweets and new mining policies by China. However, good news for all fellow crypto enthusiasts as Bitcoin seems to
Elon Musk induced Volatility did not Faze Bitcoin Whales
Despite Elon Musk's repetitive tweets aimed to induce volatility and fluctuations in the Bitcoin market, crypto whales continued purchasing the cryptocurrency. Several leaders in cryptocurrencies have acquired over $2 Billion in the past few weeks since the market started dumping Bitcoins following Musk's pursuit. Bitcoin Whales on a roll! Bitcoin Whales is
Zionodes offers Chia Farming- The green alternative!
Several environmentalists and crypto enthusiasts have been worried about the carbon footprint of Bitcoin mining. Even Elon Musk raised his concern about this issue and decided to stop accepting Bitcoin as a payment mode of Tesla. While this step from the global crypto influencer was considered a strategic decision by
Winklevoss Twins releasing exclusive NFT on Etherenity Chain (ERN)
Tyler and Cameron Winklevoss, legendary Bitcoin advocates and the founders of Gemini, will be immortalized by the flagship NFT project Ethernity Chain (ERN). Ethernity Chain addresses NFTs and offers a unique marketplace where users can buy, sell and trade exclusive collectibles. According to the official statement by the product team, the
Tesla no longer accepts Bitcoin over Climate Concerns
Elon Musk is on a roll and has been tweeting about his plans to incorporate cryptocurrencies with his companies. While most of these tweets were welcomed by the crypto community as they boosted cryptos prices such as Dogecoin, some had the opposite effects. Recently, Elon Musk tweeted his concerns about the
Hashdex, a Brazillian Crypto asset manager, secures $26M in funding
Hashdex is a crypto asset manager based out of Rio de Janeiro that manages assets worth over 4 Billion Brazillian real ($765 Million). The company recently conducted a funding round to raise $26 Million in a funding round from the investors. Venture capital firm Valor Capital Group led this funding round
EOS price surges 100% in 3 days! – Here’s why
Luckily for crypto enthusiasts, several cryptocurrencies have seen a sudden surge in price in recent days. However, cryptocurrencies such as Bitcoin and Ethereum were not the only crypto assets that have seen a positive fluctuation. Altcoins such as EOS, DogeCoin, etc., also saw a significant surge in price. Talking about EOS,
After PayPal, eBay is looking to go crypto!
Cryptocurrencies have become a viable and preferred way for transactions all over the world. There is no denying that more and more people are using cryptocurrencies as a payment method for their daily actions every day. To accommodate this need, PayPal recently announced Foray that allows users to transact using
Will Bitcoin Mining be harmed as China seeks to restrict Energy-Consuming projects?
In the latest news, Colin Wu, a Chinese journalist covering everything about the crypto world, recently tweeted about China’s plan to restrict energy-consuming projects. This new measure, while aimed to conserve energy, might harm the Bitcoin mining industry. During Politburo’s 29th joint study session of the CPC Central Committee, Xi Jinping,