Bitcoin is still down nearly 10% over the 24 HOURS since Elon Musk announced Tesla would no longer take cryptocurrency because of the environmental impact of mining it
The price of Bitcoin is still down nearly 10 percent over a 24 hours period in the wake of Elon Musk s announcement about Tesla not accepting the crypto
Musk made an abrupt turn-about on Wednesday when he revealed Tesla will no longer accept Bitcoin as payment for his cars
His revelation saw the coin s price wipe off an estimated $365 billion from the entire cryptocurrency market at its lowest
Musk has insisted that Tesla, which invested $1.5B in Bitcoin in February, will not be selling any of it despite saying the coin would no longer be accepted
May 5, 2021
The artist beeple, aka Mike Winkelman, in early 2021 sold a series of digital pieces for $69 million, the highest price ever paid for digital art.
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Minutes before midnight March 22, two art collectors got into a heated bidding war at a charity auction for a climate organization. The auction was happening online, but it was eliciting the same staggering dollar amounts and tense drama of an in-person auction house.
The item in contention was a single picture of a futuristic scene. The bidding had already exceeded $5 million, but Justin Sun, a 30-year-old tech entrepreneur, kept getting outbid by just $50. Ultimately, Sun offered an even $6 million and the auction was over. Sold, to the cryptocurrency millionaire.
Crypto climate accord: Bitcoin greenwashing or game-changer? tynmagazine.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from tynmagazine.com Daily Mail and Mail on Sunday newspapers.
In a banner year for cryptocurrencies (so far), not all of the news is going to be good.
As Bitcoin and other digital coins have soared in value since January, the toll they are taking on planet Earth has garnered far more attention.
High-profile Bitcoin supporters have come out in force to defend their favourite cryptocurrency. A report published last week – sponsored by Tesla Inc’s Elon Musk, Square Inc’s Jack Dorsey, and ARK’s Cathie Wood, one of Wall Street’s hottest investment pros – depicts Bitcoin as an “ideal” part of renewable energy projects involving solar, wind and battery storage technology.
Crypto Climate Accord: Bitcoin greenwashing or game-changer? msn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from msn.com Daily Mail and Mail on Sunday newspapers.