May 16, 2021

Bitcoin Proponents Against Elon Musk Following Heated Dogecoin vs Bitcoin Tweets

Last week, Elon Musk and Tesla shocked the entire crypto industry following an announcement that the electric car company will no longer accept bitcoin payments for “environmental reasons.” A Hard Pill For Bitcoin Maximalists Giving its reasons, Tesla argued that Bitcoin mining operation requires massive energy consumption, which is generated from fossil fuel, especially coal,...
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Bitcoin Mining Company Vows to be Carbon Neutral Following Tesla’s Recent Statement

It goes without saying that Tesla took center stage last week when the company announced it would no longer support bitcoin payments for its electric vehicles. The message seems to have resonated, as Greenidge Generation Bitcoin Mining has vowed to be carbon neutral in 2021 and beyond. Carbon Neutral Bitcoin Mining After announcing plans to...
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North Dakota City to Accept Cryptocurrencies for Utility Bill Payments

Williston, a city in North Dakota, plans to accept cryptocurrencies for utility bills online payments, becoming the first in the state to adopt crypto assets. According to City Finance Director Hercules Cummings, the city has partnered with BitPay, one of the largest bitcoin payment service providers in the U.S. Payments will be converted from crypto...
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Bitcoin Falls to 11 Week Low as $150 Billion Exits Crypto Markets

In early Sunday trading, BTC prices had fallen to their lowest levels for over 11 weeks, hitting $46,700 before a minor recovery. The last time Bitcoin dropped to these levels was at the end of February during the second major correction of this rally. A rebound off that bottom sent prices above $60K for the...
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Bitcoin (BTC) $ 97,945.24 3.81%
Ethereum (ETH) $ 3,356.90 9.11%
Tether (USDT) $ 1.00 0.14%
Solana (SOL) $ 257.66 10.36%
BNB (BNB) $ 620.53 2.08%
XRP (XRP) $ 1.14 4.72%
Dogecoin (DOGE) $ 0.385974 2.79%
USDC (USDC) $ 1.00 0.03%
Lido Staked Ether (STETH) $ 3,353.42 9.12%
Cardano (ADA) $ 0.79853 1.67%