Bitcoin pops 12% to $40,000 after Tudor Jones endorsement, Musk’s about-face on accepting crypto

Bitcoin’s price surged after Tesla CEO Elon Musk said Sunday the electric vehicle maker could accept bitcoin transactions again in future. The cryptocurrency then took another leg higher above $40,000…

Continue ReadingBitcoin pops 12% to $40,000 after Tudor Jones endorsement, Musk’s about-face on accepting crypto

As Bitcoin Drops in Value, Proof-of-Stake Tokens That Use Less Energy See Double-Digit Gains

As soon as Elon Musk and Tesla sparked the proof-of-work (PoW) consensus algorithm controversy, a few blockchains that use less energy and alternative consensus algorithms have seen massive gains. For…

Continue ReadingAs Bitcoin Drops in Value, Proof-of-Stake Tokens That Use Less Energy See Double-Digit Gains