Page 6 - Jonathan Cheesman News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Musk’s latest tweet on potentially allowing Bitcoin transactions for Tesla sent the currency surging nearly 10 percent.

It shows that Musk still sees a future for wider Bitcoin adoption after he criticized the digital currency for being an energy hog and relying too much on fossil fuels. Bitcoin jumped 9% on Sunday and traded ...

Tesla CEO Elon Musk tweeted that Bitcoin soars again | Automotive Industry News Musk’s latest tweet about the possibility of allowing Tesla to conduct bitcoin transactions caused the currency to soar by nearly 10%. Tesla CEO Elon Musk said on Twitter that the electric car manufacturer will resume allowing bitcoin transactions when miners verifying transactions use more renewable energy. He said in a tweet on Sunday: “Tesla will resume allowing Bitcoin transactions when it is confirmed that miners with positive future trends are using clean energy reasonably (about 50%).” Bitcoin soared ...

The cryptocurrency gained as much as 9.3% to $39 372 on Sunday afternoon in New York, the highest level since June 3.

Bitcoin and most other top cryptocurrencies fell on Sunday on concerns that there may be a further crackdown on the industry in China and as a report from Goldman Sachs Group Inc. served as a reminder that institutional adoption may be a long process. Bitcoin and many others in the top 30 cryptocurrencies excluding stablecoins declined in the past 24 hours as of 12:20 p.m. in London on Sunday, according to pricing data from CoinGecko, though No. 2 Ether was slightly higher. Chinese social-media service Weibo suspended some crypto-related accounts -- when trying to view them, a message comes u...