Tesla will most likely restart accepting bitcoin as payments once it conducts due diligence on the amount of renewable energy used to mine the currency, CEO Elon Musk said.
Bitcoin has fallen below $30 000. The world’s largest cryptocurrency is now 54% below the high of $64 870 reached on 14 April.
Promoted | You may have heard of stablecoins like USD coin, but what are they exactly and why are they seen a great hedge against the depreciation of the rand versus major currencies like the dollar? Revix explains.
Tesla’s shares have become less correlated with those of large US technology companies ahead of the electric vehicle maker’s earnings report and bitcoin may be the reason why.
Promoted | Investment firm Revix unpacks some of the common misconceptions about bitcoin and other cryptocurrencies.
Regulators have been struggling to get a grip on the burgeoning world of cryptocurrencies. It’s increasingly important that they succeed, and soon.
Promoted | With on-chain analytics, we can paint a picture of what the future of cryptocurrencies could look like. Here, then, are the five data-driven reasons that the crypto bull run still has some way to go.