Musk decries bitcoin’s ‘insane’ energy use after Tesla payment U-turn(Reuters) -Tesla Inc boss Elon Musk on Thursday denounced the “insane” amount of energy used to produce bitcoin, doubling down on his sudden rejection of the cryptocurrency as a means of payment over environmental concerns.

Musk, one of bitcoin’s most ardent backers, tweeted a…[Read more]

MicroStrategy has purchased an additional 271 bitcoins for $15.0 million in cash at an average price of ~$55,387 per #bitcoin. As of 5/13/2021, we #hodl ~91,850 bitcoins acquired for ~$2.241 billion at an average price of ~24,403 per bitcoin. $MSTRhttps://t.co/EwZnRkAt6k

— Michael Saylor⚡️ (@saylor) May 13, 2021

#cryptomanran #cryptobanter #bitboy #BitboyCrypto #Bitcoin #cryptocurrency #Crypto #cryptocolbie @cryptomanran @Sheldon_Sniper @benshapiro @Bitboy_Crypto @Timcast @joerogan @jordanbpeterson @CryptosR_Us Let's join forces https://t.co/3qt1x9RQi4 pic.twitter.com/iMteUwIJmh

— Jimbo Fishers Christmas Tree 🥋🔨 (@FishersTree) May 13, 2021

Elon Musk Decries 'Insane' Bitcoin Energy Use After Tesla Payment U-Turn https://t.co/R7iMWoZx1e pic.twitter.com/BD3Ozk7qLD

— NDTV News feed (@ndtvfeed) May 13, 2021

https://twitter.com/MattC61604609/status/1392901832972902400

https://twitter.com/Illuminaughty76/status/1392900784099151878

Reason of #Bitcoin CRASH #CryptoNews #cryptocurrency #BitcoinCashhttps://t.co/oFgjPlZqFR

— NIKHIL (@NIKHILA1M) May 13, 2021

Me going through the #dontbuytesla with 0 #Bitcoin investment. pic.twitter.com/z14mJSmnMP

— 𝕭 (@B544R) May 13, 2021

BREAKING: @ELONMUSK EXPLAINING WHY HE DITCHED #BITCOIN!! pic.twitter.com/ENygZS0jfj

— MMCrypto (@MMCrypto) May 13, 2021

https://twitter.com/hyperbitcoins/status/1392900238365573125

So as BNB. BNB is outperforming BTC by a lot. pic.twitter.com/Mlkifc1QZ9

— LaunchZone (LZ.finance) (@launchzoneann) May 13, 2021

Recap – Bitcoin ($): Original Analysis from May-13-2021, Target Met on May-13-2021✔

Cointelegraph Consulting: Aave’s avenue to over $11 billion in TVLAlthough Aave was launched in the beginning of 2020, it has experienced significant growth in total deposits and daily deposits since the summer of 2020. Overall, Aave has totalled over $45 billion in deposits, with 2021 seeing the protocol average $231 million in deposits per d…[Read more]

SEC enforcement actions cost crypto firms and individuals $1.7B in penaltiesThe United States Securities and Exchange Commission was one of the top regulatory enforcers for cryptocurrency projects in the last seven years, resulting in $1.77 billion in penalties.

According to a report released yesterday by Cornerstone Research, the Securities and…[Read more]

3 reasons why Bitcoin doesn’t care about Elon MuskBitcoin (BTC) dived 17% when Tesla (NASDAQ:TSLA) CEO Elon Musk criticized its energy consumption — but it’s already bouncing back.

On May 13, fresh from its dip to $45,60, BTC/USD is trading above $51,000, having regained over half its lost ground.

Bitcoin 7-day average hash rate 1-year chart. S…[Read more]

Elon Musk Suspends Tesla Purchases Using BitcoinElon Musk announces Tesla (NASDAQ:TSLA) is suspending BTC as a means of payment.
Musk also shared a Twitter poll on what people think about DOGE as the next option.
Bitcoin drops below $50,000 before bouncing back.
Few hours ago, Elon Musk released a statement on Twitter about Tesla suspending…[Read more]

Vitalik Buterin says Uniswap should become an oracle tokenUniswap’s native UNI token can greatly enhance its utility by becoming a pricing oracle for stablecoins, according to Ethereum co-founder Vitalik Buterin.

In a proposal submitted to Uniswap’s governance platform, Buterin said that a successful decentralized finance, or DeFi, ecosystem rel…[Read more]