Tesla
The Musk Factor? Twitter Storms Centering Around Tesla’s Bitcoin Holdings Sent Ripple Effects Through The Crypto Community
There was drama in the crypto world over the weekend as Elon Musk hinted Tesla could dump its bitcoin holdings. Though the self-described “Technoking” has since clarified Tesla has not sold any of its bitcoin, the markets are down. “The Hash” panel weighs in on the market reaction.
Elon Musk's Tweets Send Bitcoin Price on Roller Coaster Ride; Opportunity for the Rise of Altcoins?
Bitcoin price plummets after Elon Musk hinted that Tesla may dump its bitcoin holdings. Lindsay Joo of Bitbull Capital weighs in on Musk's motivations and the potential upside opportunity for altcoins.
Bitcoin’s Environmental Challenge: Proof-of-Stake vs. Proof-of-Work
Tesla’s decision to stop accepting bitcoin payments due to environmental concerns has reignited the bitcoin energy debate. Will the proof-of-stake network be better for the planet? John Wu of Ava Labs weighs in on the debate and discusses Avalanche, a proof-of-stake blockchain that Wu sees as a complementary to Ethereum.
Understanding Elon Musk's Outsized Crypto Market Influence
One tweet from Elon Musk can send the crypto markets soaring or, in the case of Tesla's reversal on bitcoin payments, spiraling. Dogecoin has jumped 22 percent after Musk tweeted that he was working with developers to improve the memecoin's network transaction efficiency. Why does Musk have such an impact on the crypto markets? "All About Bitcoin's" Week in Review panel discusses. Plus, a discussion of Coinbase's first earnings report.
Elon Musk Says He’s Working With Dogecoin Devs to Improve Network
The price of dogecoin surged after Elon Musk tweeted he was working with the joke coin’s developers to improve the network’s transaction efficiency. This tweet follows on the heels of Musk’s announcement yesterday that Tesla would stop accepting bitcoin as a form of payment.
Elon Musk Says Tesla Suspending Bitcoin Payments, Citing Environmental Concerns
In a reversal, Tesla CEO Elon Musk says the electric car manufacturer would no longer be accepting bitcoin payments due to environmental concerns. The price of bitcoin and other cryptocurrencies dropped in response. “The Hash” panel debates the timing and what’s really behind Tesla’s U-turn.
China’s Miners on Tesla’s Bitcoin 180; Animoca Brands: A Star is Born
Tesla’s Elon Musk backtracks on accepting bitcoin as payment for environmental reasons, and the Chinese mining industry reacts. A blockchain unicorn is born in Hong Kong as Animoca Brands raises $88 million in a new round of fundraising. Huobi Group launches a venture arm for blockchain and DeFi investments. More on that story and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."
Did Tesla's 180 on Bitcoin Payments Scare the Market?
Bitcoin prices dropped today after Elon Musk tweeted a statement indicating that Tesla would no longer accept bitcoin payments for its electric cars. Many in the crypto ecosystem blame Musk, but is the tweet really to blame for bitcoin's drop? And if it is, is it cause for concern that the behavior of individuals can so drastically impact the crypto markets? Kyle Samani of Multicoin Capital weighs in.
Musk Tweets Ahead of ‘SNL’ Appearance, Urging Investors to Be Cautious
In an uncharacteristically sober tweet ahead of guest-hosting “SNL,” Elon Musk urged crypto investors to “invest with caution.” “The Hash” panel weighs in.
