What Did Musk, Dorsey, And Wood Say About ESG, Green Energy, And Bitcoin Mining?

The billionaires had a Zoom meeting yesterday, and it’s all crypto Twitter talks about today. Bitcoin should embrace ESG concerns, thinks Cathie Wood. Jack Dorsey hopes Bitcoin will bring world peace. Elon Musk doubled down on his sketchy views about the subject and wasn’t confronted. Just another day in the neighborhood. In Bitcoinist’s first-impression-candid review […]

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Elon Musk Confirms Tesla Is Not Selling All of Its Bitcoin, Hints at Potentially Resuming Transactions

Tesla CEO Elon Musk tweeted earlier this Sunday that the electric carmaker would resume its Bitcoin transactions once verified crypto mining operations utilise more renewable energy.  “When there’s confirmation of reasonable (~50 percent) clean energy usage by miners with [a] positive future trend, Tesla will resume allowing Bitcoin transactions,” he wrote.  This is inaccurate. Tesla […]

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Elon Musk Doubles Down On Bitcoin Energy Concerns

Elon Musk was once synonymous with Bitcoin price increase as each time his company’s involvement with crypto was made public, coins pumped. But a single tweet from the Tesla CEO sent crypto prices tumbling yesterday in an instant. His reverse stance might have caused a reversal in the cryptocurrency market trend which could be damaging […]

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Latin America’s Biggest Online Marketplace, MercadoLibre, Disclosed Bitcoin Holdings

On a financial results report dated May 5th, e-commerce giant MercadoLibre dropped the bomb. The company is the latest institution to add Bitcoin to its balance sheet. It follows MicroStrategy, Square, and Tesla’s highly covered buys. Bitcoin’s institutional adoption is in its infancy, but advancing non-stop. In the financial highlights for 2021’s First Quarter, the […]

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