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Elon Musk is like the Fed of crypto - but he was forced to ditch bitcoin payments for Tesla to avoid pressure from environmentalists, an private-equity CEO says

Eric Schiffer says the last thing Tesla needs is to not be included on ESG lists because bitcoin is a big portion of its business. Axel Springer Elon Musk was pressured into suspe.....»»

Category: personnelSource: nytMay 22nd, 2021

Elon Musk Working With Dogecoin Devs "To Improve System Transaction Efficiency"

One day after saying Tesla Inc (NASDAQ: TSLA) would no longer accept Bitcoin (CRYPTO:BTC) for car payments, The "Dogefather&quo read more.....»»

Category: blogSource: benzingaMay 14th, 2021

Elon Musk Might Reconsider His Stance On Bitcoin Mining, Asks Followers To Help Dogecoin Developers

Tesla Inc (NASDAQ: TSLA) CEO said he had talked with Bitcoin (CRYPTO: BTC) miners. And they might have changed his mind about the environmental impact of bitcoin mining. read more.....»»

Category: blogSource: benzingaMay 24th, 2021

Cryptos: Dogecoin, bitcoin prices climb as Elon Musk solicits help to improve meme coin, talks sustainability with miners

The crypto community has felt whipsawed by prominent technologist Elon Musk and that is not likely to change this week, with the Tesla CEO saying that he's working on two efforts that could be read as bullish in the longer term for dogecoin and bitcoin......»»

Category: topSource: marketwatchMay 24th, 2021

Crypto exchanges just saw the largest net inflow of bitcoin since last March"s COVID crash, new data shows

Bitcoin is down roughly 25% since Elon Musk said Tesla would no longer accept the digital currency due to its environmental impact. Francesco Carta fotografo/ Getty Images .....»»

Category: dealsSource: nytMay 18th, 2021

Elon Musk Threw The DOGE A Bone: What"s Next?

Dogecoin’s (CRYPTO: DOGE) price fell following Tesla Inc (NASDAQ: TSLA) CEO Elon Musk’s "Saturday Night Live" appearance on May 8 and faltered again in sympathy with Bitcoin (CRYPTO: BTC), after “The Dogefather” announced in a tweet&nb read more.....»»

Category: blogSource: benzingaMay 17th, 2021

Dogecoin Co-Creator Amid Elon Musk Criticism Says There Should Be No "War" Between Bitcoin And Meme Crypto

Dogecoin (DOGE) co-creator Billy Marcus has defended Tesla Inc. (NASDAQ: TSLA) CEO Elon Musk following his criticism of&nbs read more.....»»

Category: blogSource: benzingaMay 17th, 2021

Bitcoin Charts Recovery As Elon Musk Clarifies Tesla Has Not Sold Any Part Of Its Crypto Holding

Tesla Inc (NASDAQ: TSLA) CEO Elon Musk made it clear on Twitter early Monday that the automaker has not sold any Bitcoin (BTC). read more.....»»

Category: blogSource: benzingaMay 17th, 2021

Elon Musk Hints At Possible Dumping Of Tesla"s Bitcoin Holdings

Tesla Inc (NASDAQ: TSLA) CEO Elon Musk appears to have signaled that the electric vehicle maker could soon dump all its holdings of Bitcoin (CRYPTO: BTC). read more.....»»

Category: blogSource: benzingaMay 16th, 2021

Cryptos: A bitcoin battle of the billionaires ensues as Jack Dorsey faces off with Musk on ‘green’ merits of world’s No. 1 crypto

Two of the world's most prominent billionaires Tesla Inc.'s CEO Elon Musk and Jack Dorsey are facing off over the merits of bitcoin, with the future of the world's No. 1 crypto likely hanging in the balance......»»

Category: topSource: marketwatchMay 14th, 2021

Dogecoin spikes 30% after Elon Musk says he might take it as payment for Tesla

Elon Musk said he was working with dogecoin developers after Tesla suspended bitcoin payments over environmental concerns. That sent dogecoin higher. Dogecoin, a meme cryptocurrency, has spiked this year. .....»»

Category: topSource: businessinsiderMay 14th, 2021

Dogecoin gains over 25% after Elon Musk says he might take it as payment for Tesla

Elon Musk said he was working with dogecoin developers after Tesla suspended bitcoin payments over environmental concerns, sending dogecoin higher. Dogecoin is a 'meme' cryptocurrency, seemingly created as a joke Yuriko Nakao/Gett.....»»

Category: topSource: businessinsiderMay 14th, 2021

Why This Crypto Is Up More Than 70% While Others Are Plummeting

Elon Musk announced on Wednesday that Tesla Inc (NASDAQ: TSLA) would no longer accept Bitcoin as a payment method for cars. read more.....»»

Category: blogSource: benzingaMay 13th, 2021

Elon Musk"s U-turn on bitcoin hits Tesla and other crypto-linked stocks as hundreds of billions get wiped off the digital-asset market

Tesla suspended vehicle purchases through bitcoin and will instead explore other digital currencies that are less energy-intensive, Musk said. .....»»

Category: personnelSource: nytMay 13th, 2021

Why Is Marathon Digital"s Stock Trading Lower Today?

Marathon Digital Holdings Inc (NASDAQ: MARA) is trading lower Thursday morning as Tesla Inc (NASDAQ: TSLA) CEO Elon Musk continues to criticize the increasing energy usage of Bitcoin (CRYPTO:B read more.....»»

Category: blogSource: benzingaMay 13th, 2021

Crypto bulls challenge Elon Musk"s environmental concerns on bitcoin - but billionaire Mike Novogratz takes a softer stance

The self-proclaimed "Technoking" had only recently agreed with Twitter boss Jack Dorsey, saying bitcoin "incentivizes" renewable energy. Tesla CEO, Elon Musk. Win McNamee/Getty Images Crypto fans decried Elon Musk's unex.....»»

Category: smallbizSource: nytMay 13th, 2021

Bitcoin plunges as much as 15% after Elon Musk halts Tesla payments, citing climate damage in major U-turn

Bitcoin was more than 20% off its record higher after Elon Musk made a major U-turn on payments, citing the cr.....»»

Category: smallbizSource: nytMay 13th, 2021

Mark Cuban says cryptocurrencies are better than gold for the environment after Tesla halts Bitcoin payments over sustainability concerns

After Elon Musk announced that Tesla would stop accepting bitcoin payments, Mark Cuban said his Dallas Mavericks would continu.....»»

Category: smallbizSource: nytMay 13th, 2021

Tesla suspends bitcoin payments for vehicle purchases over the negative environmental impact of cryptocurrency mining

CEO Elon Musk has supported inve.....»»

Category: smallbizSource: nytMay 12th, 2021

Tesla Suspends Bitcoin Payments Over "Concerns About Environmental Impact"

Tesla Suspends Bitcoin Payments Over "Concerns About Environmental Impact" After announcing plans to accept payment for Tesla's cars in bitcoin back in February, Tesla CEO Elon Musk has just announced via tweet tha.....»»

Category: dealsSource: nytMay 12th, 2021

: Tesla stock and bitcoin drop after Elon Musk says car sales with crypto will be halted due to energy usage of mining

Tesla Inc. will halt sales of cars using bitcoin due to the effects on the environment mining the cryptocurrency can have, Chief Executive Elon Musk said Wednesday, and prices of Tesla shares and the cryptocurrency dropped immediately after......»»

Category: topSource: marketwatchMay 12th, 2021