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Elon Musk moves Bitcoin, again

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Elon Musk moves Bitcoin, again

timestampJun 14, 2021 authorAlShorts Web Desk

Bitcoin surged above USD39,000 as Elon Musk tweeted, "Tesla will resume allowing Bitcoin transactions" once over 50% of the energy used in mining is clean energy. At the time of writing, Bitcoin was trading at USD39,234, up 11.65% following Musk's tweet. Musk, in March, had tweeted, "you can now buy a Tesla with Bitcoin", only to suspend the transactions over the use of fossil fuels in mining.

Latest News

India on UK's red list; no quarantine for vaccinated EU & US travellers

Australian athletes in isolation as American pole vaulter contract COVID-19

Abu Dhabi announces AED3000 fine for breaching sterilisation hour rules

Flights from India, Pakistan to UAE remain suspended till 31 July

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