Elon Musk Bitcoin FUD
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Bitcoin News

BTC Slips to $40,000, After Elon Musk, Chinese Central Bank Puts Pressure on Bitcoin

It’s a double whammy for Bitcoin (BTC) investors this week. After Elon Musk single-handedly crashing Bitcoin and the overall crypto market, the Chinese central bank PBoC gives another hammer blow. On Tuesday, May 18, the Chinese central bank warned local financial institutions and businesses from dabbling into cryptocurrencies. Bitcoin (BTC) and the overall crypto market

It’s a double whammy for Bitcoin (BTC) investors this week. After Elon Musk single-handedly crashing Bitcoin and the overall crypto market, the Chinese central bank PBoC gives another hammer blow. On Tuesday, May 18, the Chinese central bank warned local financial institutions and businesses from dabbling into cryptocurrencies. Bitcoin (BTC) and the overall crypto market

elon musk
Bitcoin News
elon musk
Bitcoin News

Elon Musk Claims Bitcoin Mining Is Centralized, Is It True?

Elon Musk has become the talk of the crypto town owing to his recent face-off with Bitcoiners on Twitter and a subsequent meltdown where he first made bizarre claims about Bitcoin’s ‘per-transaction’ cost and later even threatened to go all-in Doge. Among many claims, one that got the attention was his claim of centralization in

Elon Musk has become the talk of the crypto town owing to his recent face-off with Bitcoiners on Twitter and a subsequent meltdown where he first made bizarre claims about Bitcoin’s ‘per-transaction’ cost and later even threatened to go all-in Doge. Among many claims, one that got the attention was his claim of centralization in