Crypto Currency

Tesla backpedals on accepting Bitcoin payments for cars

Tesla has stopped accepting Bitcoin payments after roughly three months, citing environmental concerns. A tweet from Elon Musk states that the crypto king’s company has suspended Bitcoin purchases over concerns about “the rapidly increasing use of fossil fuels for Bitcoin mining and transactions.” He reiterates his support for cryptocurrency and says that he still believes it……

Published 5 years ago in
Tesla backpedals on accepting Bitcoin payments for cars

Tesla has stopped accepting Bitcoin payments after roughly three months, citing environmental concerns. A tweet from Elon Musk states that the crypto king’s company has suspended Bitcoin purchases over concerns about “the rapidly increasing use of fossil fuels for Bitcoin mining and transactions.” He reiterates his support for cryptocurrency and says that he still believes it…
The post Tesla backpedals on accepting Bitcoin payments for cars appeared first on MobileSyrup.
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Crypto Currency

US Reaches $1 Billion Seized Iran Crypto to Date: Bessent’s Big Update

U.S. Treasury Secretary Scott Bessent announced today that America has now seized a cumulative total of approximately $1 billion in Iranian cryptocurrency assets under its escalating sanctions campaign. Cumulative Total Hits $1 Billion The figure represents the running total seized to date, not a single new action announced today…

Published 9 hours ago in
US Reaches $1 Billion Seized Iran Crypto to Date: Bessent’s Big Update

U.S. Treasury Secretary Scott Bessent announced today that America has now seized a cumulative total of approximately $1 billion in Iranian cryptocurrency assets under its escalating sanctions campaign. Cumulative Total Hits $1 Billion The figure represents the running total seized to date, not a single new action announced today…
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Crypto Currency

Bitcoin price outlook amid 9-day streak of ETF outflows

Bitcoin held near $73,000 but risks crashing lower as risks linger. Spot Bitcoin ETFs saw net outflows of $229 million for a nine-day negative streak. On-chain metrics show whale balances flat for months, signaling reduced accumulation. Bitcoin traded near $73,200 on Thursday after failing to sustain a rebound amid broader cryptocurrency selling…

Published 9 hours ago in
Bitcoin price outlook amid 9-day streak of ETF outflows

Bitcoin held near $73,000 but risks crashing lower as risks linger. Spot Bitcoin ETFs saw net outflows of $229 million for a nine-day negative streak. On-chain metrics show whale balances flat for months, signaling reduced accumulation. Bitcoin traded near $73,200 on Thursday after failing to sustain a rebound amid broader cryptocurrency selling…
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Crypto Currency

Bitcoin’s $80k test should be decided by the bond market this week

Everyone watching Bitcoin this week is watching the Federal Reserve, while the more important tell may be sitting in the Treasury market, where the 10-year yield has compressed into one of its tightest ranges of the year just as a dense macro calendar opens. Bitcoin’s recovery now rests on renewed institutional inflows and the assumption

Published 14 hours ago in
Bitcoin’s $80k test should be decided by the bond market this week

Everyone watching Bitcoin this week is watching the Federal Reserve, while the more important tell may be sitting in the Treasury market, where the 10-year yield has compressed into one of its tightest ranges of the year just as a dense macro calendar opens. Bitcoin’s recovery now rests on renewed institutional inflows and the assumption […]
The post Bitcoin’s $80k test should be decided by the bond market this week appeared first on CryptoSlate…
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Crypto Currency

Cathie Wood’s Bitcoin bull thesis concedes stablecoins won the real-world payment fight

Cathie Wood built ARK Invest’s Bitcoin case on the idea that Bitcoin would become a global monetary layer that is programmable, borderless, resistant to inflation, and eventually dominant in payments. The latest version of that argument concedes that stablecoins got there first on the payments side…

Published 14 hours ago in
Cathie Wood’s Bitcoin bull thesis concedes stablecoins won the real-world payment fight

Cathie Wood built ARK Invest’s Bitcoin case on the idea that Bitcoin would become a global monetary layer that is programmable, borderless, resistant to inflation, and eventually dominant in payments. The latest version of that argument concedes that stablecoins got there first on the payments side…
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