Tesla and Bitcoin are Back: Conversion Rate Optimization Strategies

Yesterday, the CEO of Tesla announced that his company will start accepting Bitcoin again. This is if and when people who mine cryptocurrencies use enough clean energy to make it worth Tesla’s time. People who want to use clean energy should use it more. Some people think that the number of people who can use clean energy should be 50%. Other people say that lots of Bitcoin is already made...

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El Salvador President Embraces Cryptocurrency

Bitcoin is a type of currency. It has done well recently. It did the best on Wednesday in 2 months. The price of the flagship cryptocurrency rose 11.98% to $37,573 after El Salvador’s president passed legislation approving it as a legal tender. The Central American nation will now be able to use the cryptocurrency for pricing goods and services and will even accept it for taxes! Meanwhile,...

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All Bitcoin Miners Can Legally Leave China Now

Peter Wall is the CEO of Argo Blockchain and he was on CNBC recently to talk about how they are trying to make Bitcoin and other cryptocurrencies more environmentally friendly. He said the company answered questions about Bitcoin from people in China. The country banned mining and it is good for the environment. Mining can use a lot of fossil fuels, so if there is less mining Bitcoin, less...

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Crypto Market Update: Bitcoin Drop Continues

The crypto market is not doing well. Bitcoin’s price has fallen to below $35,000. Now it is only a little higher than its opening at the beginning of the year. Crypto Briefing interviewed an analyst and tried to understand why this happened since last year and what may happen next for bitcoin. The Market’s Leading Players  Traders cannot justify the volatility in crypto assets on Elon...

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TRON’s Justin Sun Agrees with Elon Musk on Bitcoin Mining

Justin Sun, a founder of TRON, agrees with Elon Musk  about the carbon footprint that bitcoin mining leaves. He believes that the proof of work consensus algorithm has its flaws and is urging people to use more green energy. Sun Agrees With Musk Tesla’s CEO made news a few weeks ago when they stopped allowing people to pay with bitcoins. Elon Musk has since told people that it is bad for the...

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The Crypto Market Is Looking Bloody Today: Signature Bank is Winning

Today the crypto market is looking bad because prices have gone down a lot. Last week, prices went down even more. Sunday is when prices usually go down even more. JPMorgan is optimistic about Signature Bank The volatility in the crypto market this week has not changed JPMorgan’s opinion of shares in Signature Bank. The bank has a digital asset banking strategy and their blockchain-based...

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The Bitcoin Fad is Over: Here Are 5 Reasons It’s Struggling

Bitcoin (BTC) has hit its lowest price since February 8 and is now struggling to stay at $40,000. But Elon Musk is not the only reason Bitcoin prices are falling. Other things are also making it go down. USD bounces off multi-month lows Elon Musk, CEO of Tesla, is talking about Bitcoin. He said people are using too much energy when they use Bitcoin. But there are other things that might stop...

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Bitcoin: Stabilizing Around $45K?

Bitcoin has gone down to a new low. It has come back up and is above $45,000. Other coins have also recovered some ground and the total value of the crypto market is over $2.1 trillion. Bitcoin Stabilizing Around $45K? The past few days have not been good for the cryptocurrency. After some controversial things that were said on Twitter by Elon Musk, who is the CEO of Tesla, it’s price fell...

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“Everything You Need to Know About Elon Musk and Bitcoin”

When markets are not doing well, people worry. They might blame other things like Bitcoin. But Bitcoin Maximalists are also to blame because they only think about Bitcoin and don’t look at the whole thing. Bitcoin maximalists are the people who do not want to use bitcoin. They think bitcoin is only for them. But they are wrong. There are a lot of people who don’t understand how to...

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Bitcoin (BTC): A Watershed Moment for Crypto?

Bitcoin is facing a big decision this week. A price that has been going up and down for the past few months might be coming to an end. The bitcoin’s network value to transaction (NVT) price is in line with the $42,000 that it was at recently. NVT calls a significant BTC move After Elon Musk tweeted that Bitcoin is not a good investment, it has started going up again. The NVT says that the...

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What Exactly Happened to Bitcoin and What It Means for the Future?

On May 17, the prices of crypto currencies dropped because Tesla’s CEO said something. This means that the main digital coin will change too, and whether or not Tesla can sell its currency in the near future. On May 17, the price of bitcoins on the cryptocurrency exchange Binance fell to its lowest since early February – up to $ 42.1 thousand. At 13:20, the value of the main...

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Crypto-Exchanges Forcibly Closed Positions of 304,000 Users

Over the past 24 hours crypto-exchanges forcibly closed positions of 304 thousand users. One of them lost $90 million. Crypto traders lost $2.4 billion in 24 hours as bitcoin fell to its February low of $42,100. According to bybt service, 304 thousand users of trading platforms were forced to close their positions over the past 24 hours. One trader lost $90 million on a trade in bitcoin. Bitcoin...

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