Price of Bitcoin sinks after Musk says Tesla will no longer accept it

  • 📰 Daily Mail Online
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 51%

United Kingdom Headlines News

United Kingdom Latest News,United Kingdom Headlines

Price of Bitcoin sinks 15% after Elon Musk says Tesla will no longer accept it as payment

Musk tweeted Wednesday to say the car manufacturer has suspended its use. Purchasing with Bitcoins and other cryptocurrencies requires a lot of electricity.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 135. in UK

United Kingdom Latest News, United Kingdom Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

NYC mayoral candidate criticised as out of touch for wildly lowballing price of a house in BrooklynFormer housing secretary causes shock for having wildly out of touch perception of affordable housing market
Source: The Independent - 🏆 80. / 59 Read more »

Elon Musk says Tesla will no longer accept bitcoin due to fossil fuel useDigital currency, which is made with an energy-intensive process, falls more than 7% after the tweet SmartenYourAssUp elonmusk I can't believe that someone this misinformed was allowed to make a $1.5 billion purchase. Then again, I shouldn't be surprised since he runs around pushing dogecoin like a noob. EricIdle Dude is shooting up rockets once a week.. give me a break.
Source: The Guardian - 🏆 84. / 53 Read more »

How bad are Bitcoin and Dogecoin for the environment?Elon Musk says Telsa will suspend taking Bitcoin until its mining uses ‘more sustainable energy’ Bitcoin douchecoin As much as Elon Musk’s wallet wants it to be. now do capitalism
Source: The Independent - 🏆 80. / 59 Read more »

Bitcoin crashes as Elon Musk tweets Teslas can’t be bought with cryptoTesla had previously purchased billions of dollars worth of the cryptocurrency That's not the reason. Market manipulation, watch crypto go cray end of 21/2022. Sorry: elonmusk IsraeliTerrorism
Source: The Independent - 🏆 80. / 59 Read more »