Tags : flips

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

Market

First Mover: As Bitcoin Flips Bearish, Neither Biden Nor BlackRock

Bitcoin (BTC) was lower for a third straight day, slipping below the $34,000 level that had been seen as a market floor in recent weeks.  “Downside volatility struck,” Lennard Neo, head of research for the cryptocurrency-focused Stack Funds, wrote Thursday in a weekly newsletter.  In traditional markets, European share indexes rose ahead of a press conference with European […]Read More