Page 6 - David Grider News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Cyptocurrency enthusiasts got a nasty shock Wednesday when Elon Musk, founder of Tesla Inc. and the second-richest person on the planet, announced on Twitter that his automaker wouldn’t accept payment in Bitcoin any more due to environmental concerns. After all, this is the same man who just a few months earlier said Tesla bought into Bitcoin, to the tune of $1.5 billion. He tweeted “True” in response to a thread citing research that mining the token might actually spur the uptake of renewable energy, from Ark Investment Management LLC. Bitcoin mining is known to be energy-intensive, wi...

Ether hits $500 billion market cap for the first time as the cryptocurrency's rally pushes on ilee@insider.com (Isabelle Lee) Ether breached a $500 billion valuation for the first time Wednesday. The milestone comes after ether hit $4,000 for the first time on May 10. Bitcoin, which has a valuation of $1 trillion, broke the $500 billion threshold in December 2020. Ether breached a valuation of $500 billion for the first time on Wednesday as the rally for the second-largest cryptocurrency continues. Ethereum's digital token hit $4,357 at around 6 a.m. ET, according to data from...

» Ethereum's ether pushes past $4,000 for the first time - and one crypto analyst who correctly predicted this level now expects it to hit $10,000 Ethereum's ether pushes past $4,000 for the first time - and one crypto analyst who correctly predicted this level now expects it to hit $10,000 Shalini NagarajanMay 11, 2021, 11:54 IST Dado Ruvic/Reuters The second-largest cryptocurrency by market value topped $4,000 on Monday. The rise in its value may partly be driven by VanEck filing for a US ETF last week. Crypto analyst Megan Kaspar predicted the token could reach between $8,000 to $10,000 b...

Ethereum's ether pushes past $4,000 for the first time - and one crypto analyst who correctly predicted this level now expects it to hit $10,000 snagarajan@businessinsider.com (Shalini Nagarajan) The second-largest cryptocurrency by market value topped $4,000 on Monday. The rise in its value may partly be driven by VanEck filing for a US ETF last week. Crypto analyst Megan Kaspar predicted the token could reach between $8,000 to $10,000 by year-end. Ether recorded its biggest one-day gain in two years on Monday as the second-largest cryptocurrency smashed past $4,000 for the f...

Ethereum's ether pushes past $4,000 for the first time - and one crypto analyst who correctly predicted this level now expects it to hit $10,000 snagarajan@businessinsider.com (Shalini Nagarajan) The second-largest cryptocurrency by market value topped $4,000 on Monday. The rise in its value may partly be driven by VanEck filing for a US ETF last week. Crypto analyst Megan Kaspar predicted the token could reach between $8,000 to $10,000 by year-end. Ether recorded its biggest one-day gain in two years on Monday as the second-largest cryptocurrency smashed past $4,000 for the f...