6/4/2021 1:31:23 PM GMT
Bitcoin price dropped 6% and continues to decline after Elon Musk’s recent tweet.
Google decides to run crypto-related ads after early 2018 ban.
China pulls a 180 as state-run media outlets reveal that the public is free to trade cryptocurrencies.
Bitcoin price is currently witnessing massive selling pressure, likely from retail buyers, after Tesla CEO Elon Musk issued another market-convulsing tweet. Although vague, retail has already started offloading its holdings. While this is bearish in the short-term scenario, several on-chain metrics suggest the opposite.
Bitcoin price tanks
Tesla CEO Elon Musk s involvement in Bitcoin has been an interesting development to track. His tweets on May 12 and May 19 played an important role in accelerating the BTC price crash.
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A moratorium on disconnections is set to expire on July 1. (Renee Schiavone/Patch)
CALIFORNIA If there s any measure of additional pain inflicted upon Californians by the coronavirus pandemic beyond unemployment and untimely deaths, it can be partially reflected in the number of unpaid utility bills. As the pandemic intensified so did the number of customers unable to pay for electric, gas, water and services provided by the state s investor-owned, publicly-owned and private utility companies. A moratorium imposed last year by the California Public Utilities Commission (CPUC), which regulates many electric and gas utilities, has prohibited the companies from pulling the plug or shutting off gas to customers unable to pay – both residential and commercial.
32 min ago Share Sila Realty Trust’s plan to shed its portfolio of data centers will further focus the Tampa company and better position it for its future goal. by: Kevin McQuaid Commercial Real Estate Editor
In selling its entire portfolio of 29 data center properties to a Singapore-based investment firm, Sila Realty Trust Inc. expects to better sharpen its focus on the health care assets for which it is better known.
The move by the Tampa-based company also could better position Sila Realty for an eventual sale, merger or public listing on a stock exchange a long-term goal management has stated is a desired endgame.