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Category: Elon Musk Bitcoin

Elon Musk’s Comments Help Bitcoin (BTC) and Ethereum (ETH) Rally, But Key Resistance Still Intact

Tesla chief and billionaire Elon Musk weighed in on Bitcoin speaking at the B-word conference on Wednesday, July 21. Musk’s positive commentary on Bitcoin (BTC) and his declaration of holding Ethereum (ETH) served as a booster shot to the two largest crypto assets. Bitcoin (BTC) is up 7.74% at press time trading at $32,034 with

The post Elon Musk’s Comments Help Bitcoin (BTC) and Ethereum (ETH) Rally, But Key Resistance Still Intact appeared first on Coingape.

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B-Word Conference Live Updates – Musk reveals SpaceX owns Bitcoin (BTC)

The much-awaited B-Word conference is currently live and underway with Elon Musk revealing and confirming many speculations. Musk revealed SpaceX also owns Bitcoin on its balance sheet along with Tesla and himself. Musk also revealed that he owns Ether, Dogecoin along BTC in his portfolio. Musk also said he is an “overall supporter of Bitcoin.”

The post B-Word Conference Live Updates – Musk reveals SpaceX owns Bitcoin (BTC) appeared first on Coingape.

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The B-Word Conference Starts in Few Hours, Here’s What to Expect

The highly anticipated B-Word Conference is all set to start later today at 9 am PDT. The conference is Bitcoin centered where some of the most notable names in the crypto field would discuss possible ways in which institutions can incorporate Bitcoin in their system. The conference would offer a live experience and a library

The post The B-Word Conference Starts in Few Hours, Here’s What to Expect appeared first on Coingape.

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“This Time He Is Mostly Right”- FTX CEO On Elon Musk

FTX CEO and co-founder, Sam Bankman Freid defended Elon Musk’s recent comments on Bitcoin (BTC) and Ethereum (ETH) asking the community to be “less tribal”. However, the 29-year old CEO does not agree with Elon’s calls to replace the top two cryptocurrencies with Dogecoin (DOGE). In a thread of tweets sent out 15 hours after

The post “This Time He Is Mostly Right”- FTX CEO On Elon Musk appeared first on Coingape.

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Is It Game Over for Tesla In China? Will Tesla Sell Bitcoin [BTC]?

Tesla’s Bitcoin enthusiasm was short-lived as the leading electric car manufacturer suspended the Bitcoin payment option within a month of announcement. Elon Musk, the CEO of the company cited Bitcoin’s rising environmental concern as the key reason behind scraping BTC payment for Tesla cars. However, many pointed that Musk’s claims on Bitcoin don’t add up

The post Is It Game Over for Tesla In China? Will Tesla Sell Bitcoin [BTC]? appeared first on Coingape.

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Elon Musk Sides With Dogecoin (DOGE), Calls BTC & ETH Slow

Elon Musk has done it again for his favorite DOGE, with a tweet about DOGE’s transaction efficiency. Musk tweeted today, comparing DOGE’s rate of transactions to BTC and ETH multilayer transactions capabilities. According to Musk DOGE has a faster mode of transaction because the meme currency is focusing on, “maximizing base layer transaction rate &

The post Elon Musk Sides With Dogecoin (DOGE), Calls BTC & ETH Slow appeared first on Coingape.

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Dogecoin (DOGE) Price Crash Below Key Support and Even Elon Musk Can’t Help

Dogecoin (DOGE) price slumped further 7% today registering a new weekly low of $0.2138 as the downtrend continued for the meme currency. The altcoin failed to hold onto the key support level of $0.227 and analysts believe the downtrend might continue further. Once the fourth-largest cryptocurrency has slipped below XRP to settle for the seventh

The post Dogecoin (DOGE) Price Crash Below Key Support and Even Elon Musk Can’t Help appeared first on Coingape.

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EU’s new MiCA regulation may add an “Elon Musk” clause

It has been a controversially bullish year for cryptocurrencies. The world has either been adopting or applying strict regulatory policies to the digital money market of crypto. Latin and North American nations have shown their faith in cryptocurrencies, whereas several nations in Asia have turned their backs to crypto.  European Union’s Digital Finance Strategy now

The post EU’s new MiCA regulation may add an “Elon Musk” clause appeared first on Coingape.

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Top 3 Ways Musk’s Starlink Can Boost Bitcoin (BTC)

Elon Musk founded Starlink Technology, a satellite internet service that is seeing a boom in adoption around the globe and Musk expects the number of users to grow up to half a million within a year. The serial entrepreneur also said he would invest upto $30 billion in the company to boost its progress. ICYMI:

The post Top 3 Ways Musk’s Starlink Can Boost Bitcoin (BTC) appeared first on Coingape.

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Elon Musk Turns to Memes to Boost $Doge Price, Fails Miserably

Elon Musk’s hold on Dogecoin price seems to be fading away as his recent tweets have failed to cause any significant price movement for the meme currency. Earlier today Musk tweeted a popular meme template with a Dogecoin twist indicating a price pump for the meme currency. Contrary to what meme signified, the price of

The post Elon Musk Turns to Memes to Boost $Doge Price, Fails Miserably appeared first on Coingape.

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Will Tesla Accept Bitcoin After BMC’s Quarterly Report?

The Bitcoin mining industry’s sustainable electricity mix grows up to 56% Bitcoin Mining Council’s (BMC) July data revealed an approximately 56% hike in sustainable energy consumption by the global Bitcoin mining industry, making it one of the most sustainable industries.  Tesla’s May 2021 roll back from Bitcoin as an eco-conscious step might change with the

The post Will Tesla Accept Bitcoin After BMC’s Quarterly Report? appeared first on Coingape.

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Did Elon Musk Succeed in Changing Investors Mind On Bitcoin (BTC)?

Elon Musk, the iconic billionaire and CEO of the electric automaker, Tesla Inc has continued to grow his influence in the cryptocurrency ecosystem. A new survey report has duly captured the extent of the popularity of his opinion. The survey, conducted by Investing.com was targeted at assessing the influence of the eccentric business leader over

The post Did Elon Musk Succeed in Changing Investors Mind On Bitcoin (BTC)? appeared first on Coingape.

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Bitfinex Registers Significant Spike in BTC Shorts, Elon Effect or CME Option Expiry Impact?

Bitfinex crypto exchange has registered a significant spike in short positions over the past 4 hours. A total of 10,000 BTC were shorted on the crypto exchange in the said period estimated to be worth $33 million. 10k btc in less than 4 hours. pic.twitter.com/ccybKBMlJs — WhalePanda (@WhalePanda) June 25, 2021 The sharp rise in

The post Bitfinex Registers Significant Spike in BTC Shorts, Elon Effect or CME Option Expiry Impact? appeared first on Coingape.

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Jack Dorsey And Elon Musk to Discuss Bitcoin At B Word Conference, What to Expect?

Elon Musk has agreed to debate Jack Dorsey over Bitcoin adoption during the upcoming B Word conference. The B Word will launch on July 21 and the conference would be attended by the likes of Ark Invest CEO Cathie Wood, Block Stream CEO Adam Back, former deputy director of CIA Michael Morell, and few others.

The post Jack Dorsey And Elon Musk to Discuss Bitcoin At B Word Conference, What to Expect? appeared first on Coingape.

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Just-In: Elon Musk Accepts Jack Dorsey’s Invite to Discuss Bitcoin Adoption

Elon Musk has finally accepted Twitter CEO Jack Dorsey’s invite to discuss Bitcoin adoption and open-source development after early trolling. It all started with Jack Dorsey posting a link to ‘The ₿ Word,’ an initiative aimed and destigmatizing the mainstream narrative around Bitcoin and help institutions to understand they can adopt it. For the Bitcurious?

The post Just-In: Elon Musk Accepts Jack Dorsey’s Invite to Discuss Bitcoin Adoption appeared first on Coingape.

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Will Elon Musk Take the Jack Dorsey Challenge to Discuss Bitcoin Adoption by Institutions?

A new war of words has triggered on Twitter between the two business tycoons Elon Musk and Jack Dorsey, who are currently in opposite camps with their views on Bitcoin. Earlier on Thursday, June 24, Dorsey announced “The B Word” community to expand the Bitcoin development and push further its use among institutions and companies.

The post Will Elon Musk Take the Jack Dorsey Challenge to Discuss Bitcoin Adoption by Institutions? appeared first on Coingape.

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Kraken CEO Plans Public Listing In A Year’s Time, Wants Elon Musk to Do More Study on Bitcoin Mining

During a recent interview with Bloomberg TV, Jesse Powell, the chief executive officer (CEO) of crypto exchange Kraken said that they are planning for a public listing in a year’s time. Without giving any specific valuations target, Powell said that the firm is “doing all the prep work” currently. “We’re on a mission to bring

The post Kraken CEO Plans Public Listing In A Year’s Time, Wants Elon Musk to Do More Study on Bitcoin Mining appeared first on Coingape.

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Elon Musk Questions Kraken CEOs Claims On Bitcoin’s Greenness

Elon Musk is not changing his stand on Bitcoin’s negative environmental impact and in a fresh tweet he questioned Kraken CEO Jesse Powell. Kraken CEO in a recent interview to Bloomberg claimed that Bitcoin is greener than critics say. Based on What? Asks Elon to Jesse Billionaire Elon Musk after whole supporting Bitcoin took an

The post Elon Musk Questions Kraken CEOs Claims On Bitcoin’s Greenness appeared first on Coingape.

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Allianz Chief Economic Advisor Says Elon Musk has a Huge Influence on Bitcoin Adoption

Mohamed A. El-Erian, the chief economic advisor for Allianz, an asset management and insurance firm recently appeared on CNBC’s Squawk Box, where he talked about Fed’s recent meeting, Bitcoin and Elon Musk. The chief economic advisor said Bitcoin is currently in a tug-of-war between regulation and adoption. He said Elon Musk, the Tesla CEO has

The post Allianz Chief Economic Advisor Says Elon Musk has a Huge Influence on Bitcoin Adoption appeared first on Coingape.

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Elon Musk Mocks ‘Anonymous,’ Days After the Hacker Group’s Call Out

Elon Musk, the Tesla CEO has responded to the video which was made to look like it was from the famous hacker group ‘Anonymous,’ with a meme. The meme mocked the group’s threat to the billionaire in the most Elon Musk way. !! pic.twitter.com/3H9gMEmSLF — Elon Musk (@elonmusk) June 14, 2021 The Anonymous Hacker Group

The post Elon Musk Mocks ‘Anonymous,’ Days After the Hacker Group’s Call Out appeared first on Coingape.

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