Business Maverick: Musk Sends Bitcoin Tumbling With Shock U-Turn on Payments

In a post on Twitter Wednesday, Musk cited concerns about “rapidly increasing use of fossil fuels for Bitcoin mining and transactions,” while signaling that Tesla might accept other cryptocurrencies if they are much less energy intensive. He also said the company won’t be selling any of the Bitcoin it holds.

The largest cryptocurrency dropped as much as 15% in Asian trading, sliding below $50,000, before paring some of the drop. It was down about 8% to $50,190 as of 10:53 a.m. in Tokyo. The were reports ofin February that it had purchased $1.5 billion in Bitcoin and planned to accept it as a payment.

This guy's influence is so much, damn. He can make or break it

The best choice I've made this year was investing in cryptocurrency and forex trading and earning from home. With the help of KevinKatch2 I've been earning ZAR60,353.00k weekly I've never regretted this decision fellow RSA, 🙏🏻

Indonesia Berita Terbaru, Indonesia Berita utama

Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.

Business Maverick: After $260 Billion Slide, Alibaba Aims to Show the Worst Is OverThat will be the question for executives and investors as the Chinese e-commerce giant reports earnings on Thursday in the wake of a government crackdown on co-founder Jack Ma’s empire. Profit and revenue for the quarter are sure to be less consequential than any concrete evidence about whether the regulatory issues are resolved. Normally I don’t do this, I don’t praise people for any reason,truth be told good work deserve appraisal,I wound deny the fact that I’m super jealousy of your hard work and skill. I’m proud of you and what you do in the life of people we need more people like you Sharon_cryptofx
Sumber: dailymaverick - 🏆 3. / 84 Baca lebih lajut »

Business Maverick: TikTok Begins Testing In-App Shopping to Challenge FacebookByteDance Ltd.’s TikTok is working with brands including streetwear label Hype to test in-app sales in Europe, a move that will intensify its competition with Facebook Inc. and further blur the line between social media and online shopping. Normally I don’t do this, I don’t praise people for any reason,truth be told good work deserve appraisal,I wound deny the fact that I’m super jealousy of your hard work and skill. I’m proud of you and what you do in the life of people we need more people like you Sharon_cryptofx
Sumber: dailymaverick - 🏆 3. / 84 Baca lebih lajut »

Youth power turns dumping site into lucrative businessYoung people in Kwaggafontein-D in Kwa-Mhlanga have turned a dumping site into a beautiful garden where they host events through their youth cooperative. Unathi_Kwaza Well done. If you build it they will come. Kwaggafontein D and KwaMhlanga are two different places says my source! My hometown, great work this👌👏👏
Sumber: SowetanLIVE - 🏆 13. / 63 Baca lebih lajut »