Laura Queen

Tesla board member Kimbal Musk, brother of company founder Elon Musk, told TechCrunch in an interview that they had no idea about its environmental impact when they made the decision to buy Bitcoin for $1.5 billion. Speaking on stage at the Ethereum conference in Denver, the entrepreneur emphasized: “We were very ignorant when we invested in bitcoin. We had no idea about the impact on the environment, it seemed to us a good store of value and a way to diversify assets. And it certainly didn’t take long to get a million — I’m not kidding, probably no less — messages about what we’re doing to the environment.” Detail: https://bitcoingrandee.com/news NEWS

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The Tether company and the authorities of the ninth most populous city in Switzerland, Lugano, announced the transformation of the latter into the European capital of bitcoin. On March 3, Lugano Mayor Michele Foletti and Tether CTO Paolo Ardoino will reveal the details live. The initiative is being promoted as a “Plan B” for Lugano. It is designed to revolutionize the financial sector of the city, known for its blockchain-friendly approach. Detail: https://bitcoingrandee.com/news NEWS

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The aggravation of geopolitical tensions has led to an increase in the correlation between the first cryptocurrency and the US stock index S&P 500. This is stated in an analytical report by Arcane Research. According to the researchers, the 90-day correlation between BTC and the “barometer of the American economy” reached the highest level since October 2020. The statistical relationship between bitcoin and gold, on the contrary, has become negative. Detail: https://bitcoingrandee.com/news NEWS

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Laura Queen

Laura Queen

Bytecoin 1$ by the end of 2021 Worth buying now. Until it's not too late!