News
Bitcoin cheered up after Elon Musk’s tweet
Bitcoin, which has been trading at around $ 35,000 all week, began to rise in price last night. This happened against the background of another message from Elon Musk on Twitter.
In it, the head of Tesla confirmed the return to accepting Bitcoin as a means of payment for the company’s cars. It will happen after “confirmation of reasonable (~ 50%) use of clean energy by miners with a positive trend in the future“. Against the background of this statement, the main cryptocurrency of the world has strengthened by about 10%: at the moment, for 1 BTC, they give a little more than $ 39,000 against about 36,000 yesterday.
This is inaccurate. Tesla only sold ~ 10% of holdings to confirm BTC could be liquidated easily without moving market. When there’s confirmation of reasonable (~ 50%) clean energy usage by miners with positive future trend, Tesla will resume allowing Bitcoin transactions.
– Elon Musk (@elonmusk) June 13, 2021
Musk’s words came in response to criticism by Magda Wierzycka, CEO of Sygnia, a South African asset management firm. She, in particular, called Musk’s tweets, which said anything about Bitcoin, “market manipulation”, which should have led to an investigation by the US Securities and Exchange Commission.
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