Tags : Damage

Bitcoin

Elon Musk flips positive on Bitcoin (BTC), but the damage

Tesla CEO Elon Musk has flipped positive on Bitcoin once again. Speaking during yesterday’s The ฿ Word conference, Musk said the mining sustainability situation has improved since he first raised objections in May. “It looks like bitcoin is shifting a lot more toward renewables and a bunch of the heavy-duty coal plants that were being […]Read More

Bitcoin

Bitcoin Weekly Outlook: A Technical Damage Underway

Bitcoin eased on Monday after posting an incredible weekend rally that took its prices to another lifetime high. The flagship cryptocurrency fell by up to 7.75 percent from its record peak of $49,700, underscoring repeated sell-off attempts as the price eyes a close above $50,000, a psychological upside target. Meanwhile, support near the $45,500-level kept […]Read More