{"id":15710,"date":"2021-06-14T07:13:58","date_gmt":"2021-06-14T07:13:58","guid":{"rendered":"https:\/\/emilynews.com\/blog\/?p=15710"},"modified":"2021-06-14T07:14:23","modified_gmt":"2021-06-14T07:14:23","slug":"news-commentary-1384-tesla-clean-energy-and-bitcoin","status":"publish","type":"post","link":"https:\/\/emilynews.com\/blog\/?p=15710","title":{"rendered":"News Commentary #1,384 \u2013 Tesla, Clean Energy and Bitcoin.."},"content":{"rendered":"<p>And again, Musk&#8217;s tweet excites bitcoin bulls who raise its price immediately by 10% up. Correction of the ongoing local downtrend OR still a reversal and continuation of the global bull market..??<\/p>\n<p>No one can be 100% sure.. We need to look at the movement for this week and then the forecasts will be much more accurate.. In the meantime, news:<\/p>\n<blockquote>\n<div class=\"article-wrapper\">\n<div class=\"article-headline-info\">\n<h1 class=\" article-title\">Bitcoin rallies after Elon Musk says Tesla will accept cryptocurrency when miners use more clean energy<\/h1>\n<div class=\"article-content lead-text paddingtop-10\">\n<p>Sygnia chief executive accuses the billionaire of manipulating the digital asset&#8217;s prices with his\u00a0<span class=\"x-atex-overmatter\">tweets<\/span><\/p>\n<p><img decoding=\"async\" class=\"alignnone size-large\" src=\"https:\/\/www.thenationalnews.com\/image\/policy:1.1240639:1623649911\/bz1506-musk.jpg?f=16x9&amp;w=940&amp;$p$f$w=56bc3ec\" width=\"100%\" \/><\/p>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"align-left\">\n<div class=\"readcls \">\n<div class=\"single-article-body\">\n<p>Bitcoin rallied after Tesla\u2019s billionaire chief executive and founder Elon Musk said his electric car company will resume accepting the world\u2019s biggest cryptocurrency once its miners user clean energy.<\/p>\n<p>Mr Musk made the comments on Twitter in response to Magda Wierzycka, chief executive of South African financial services company Sygnia, who said his tweets on Bitcoin are tantamount to \u201cmarket manipulation\u201d and should have triggered an investigation by the US Securities and Exchange Commission.<\/p>\n<p>Bitcoin, the world&#8217;s largest cryptocurrency, jumped more than 12.4 per cent at 8:44am UAE time on Monday to trade at $39,319. Ethereum, the world&#8217;s second-largest cryptocurrency, gained about 6.3 per cent to $2,484.<\/p>\n<div class=\"marginbottom-20\" data-oembed-url=\"https:\/\/twitter.com\/elonmusk\/status\/1404132183254523905?s=20&amp;omit_script=true\">\n<div class=\"twitter-tweet twitter-tweet-rendered\"><iframe loading=\"lazy\" id=\"twitter-widget-0\" class=\"\" title=\"Twitter Tweet\" src=\"https:\/\/platform.twitter.com\/embed\/Tweet.html?dnt=true&amp;embedId=twitter-widget-0&amp;features=eyJ0ZndfZXhwZXJpbWVudHNfY29va2llX2V4cGlyYXRpb24iOnsiYnVja2V0IjoxMjA5NjAwLCJ2ZXJzaW9uIjpudWxsfSwidGZ3X2hvcml6b25fdHdlZXRfZW1iZWRfOTU1NSI6eyJidWNrZXQiOiJodGUiLCJ2ZXJzaW9uIjpudWxsfSwidGZ3X3R3ZWV0X2VtYmVkX2NsaWNrYWJpbGl0eV8xMjEwMiI6eyJidWNrZXQiOiJjb250cm9sIiwidmVyc2lvbiI6bnVsbH19&amp;frame=false&amp;hideCard=false&amp;hideThread=true&amp;id=1404132183254523905&amp;lang=en&amp;origin=https%3A%2F%2Fwww.thenationalnews.com%2Fbusiness%2Ftechnology%2Fbitcoin-rallies-after-elon-musk-says-tesla-will-accept-cryptocurrency-when-miners-use-more-clean-energy-1.1240640&amp;sessionId=aac2324d331bad2c70e70c175bf45288ed89f9f9&amp;siteScreenName=TheNationalNews&amp;theme=light&amp;widgetsVersion=82e1070%3A1619632193066&amp;amp\" width=\"550px\" height=\"300px\" frameborder=\"0\" scrolling=\"no\" allowfullscreen=\"allowfullscreen\" data-tweet-id=\"1404132183254523905\" data-mce-fragment=\"1\"><\/iframe><\/div>\n<\/div>\n<p>\u201cWhat we have seen with Bitcoin is price manipulation by one very powerful and influential individual,\u201d Ms Wierzycka said in an interview with South Africa&#8217;s\u00a0<em>Money Show<\/em>\u00a0radio programme.<\/p>\n<p>\u201cThis [Ms Wierzycka\u2019s comments] is inaccurate. Tesla only sold ~10 per cent of holdings to confirm BTC could be liquidated easily without moving market. When there\u2019s confirmation of reasonable (~50 per cent) clean energy usage by miners with positive future trend, Tesla will resume allowing Bitcoin transactions,\u201d Mr Musk said on Twitter.<\/p>\n<p>In May, public criticism of the digital currency\u2019s energy needs by Mr Musk and a Chinese regulatory crackdown caused the virtual currency\u2019s price to plummet more than 53 per cent to $30,000 after reaching an all-time high of $64,899 in April.<\/p>\n<p>Mr Musk has roiled Bitcoin and other digital tokens with a string of social media posts. Last month, the tycoon reversed a decision to allow purchases of Tesla electric vehicles with Bitcoin, citing concerns over the energy required by the servers that underpin the cryptocurrency.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/blockquote>\n<p>*********************************<\/p>\n<p>If one of the paying programs on our Monitor appeals to you, please support <em>EmilyNews<\/em> by registering for it on our website. Thanks very very much!<\/p>\n<p>EN web <strong>Support Chat<\/strong> | Hyips and Crypto questions \u2013 <strong><a style=\"color: #c03939; text-decoration: underline;\" href=\"http:\/\/emilynews.com\/chat\/hyips\/\">HyipChatEN<\/a><\/strong><\/p>\n<p>Telegram Chat for Crypto and Hyip reports: <strong><a href=\"https:\/\/telegram.me\/HyipChatEN\" target=\"_blank\" rel=\"noopener noreferrer\">@HyipChatEN<\/a><\/strong><\/p>\n<p>*********************************<\/p>\n<p>Be the first to get most important HYIP news everyday!<br \/>Simply Follow <a href=\"https:\/\/www.facebook.com\/EmilyNewsOnline\/\" target=\"_blank\" rel=\"noopener noreferrer\"><strong style=\"text-decoration: underline;\">EN Facebook<\/strong><\/a>, <a href=\"https:\/\/telegram.me\/CryptoHyipsEN\" target=\"_blank\" rel=\"noopener noreferrer\"><strong style=\"color: #c03939; text-decoration: underline;\">EN Telegram<\/strong><\/a>, <a href=\"https:\/\/twitter.com\/EmilyHyipNews\" target=\"_blank\" rel=\"noopener noreferrer\"><strong style=\"text-decoration: underline; font-size: 1.3em;\">EN Twitter<\/strong><\/a><br \/>or Subscribe to <strong><a style=\"color: #c03939; text-decoration: underline;\" href=\"https:\/\/feedburner.google.com\/fb\/a\/mailverify?uri=Emilynews\" target=\"_blank\" rel=\"noopener noreferrer\">EN Feedburner<\/a><\/strong> and submit your email address!<\/p>\n<p>If you like this article and want to support EN \u2013 please share it by using at least few of social media buttons below. Thanks and See you tomorrow!<\/p>\n<p><a href=\"https:\/\/emilynews.com\/blog\/wp-content\/uploads\/2020\/11\/Reminder2-1.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-13137\" src=\"https:\/\/emilynews.com\/blog\/wp-content\/uploads\/2020\/11\/Reminder2-1.jpg\" sizes=\"auto, (max-width: 544px) 100vw, 544px\" srcset=\"https:\/\/emilynews.com\/blog\/wp-content\/uploads\/2020\/11\/Reminder2-1.jpg 544w, https:\/\/emilynews.com\/blog\/wp-content\/uploads\/2020\/11\/Reminder2-1-272x300.jpg 272w\" alt=\"\" width=\"544\" height=\"600\" \/><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>And again, Musk&#8217;s tweet excites bitcoin bulls who raise its price immediately by 10% up. Correction of the ongoing local downtrend OR still a reversal and continuation of the global bull market..?? No one can &hellip; <a title=\"News Commentary #1,384 \u2013 Tesla, Clean Energy and Bitcoin..\" class=\"exalt-read-more\" href=\"https:\/\/emilynews.com\/blog\/?p=15710\"><span class=\"screen-reader-text\">News Commentary #1,384 \u2013 Tesla, Clean Energy and Bitcoin..<\/span>Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":10984,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[5370,3544,3658,3611,5321,5374,5373,5372,5371],"class_list":["post-15710","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-information","tag-bitcoin-elonmusk","tag-bitcoin-news","tag-btc-price","tag-crypto-news","tag-elon-musk-news","tag-elon-musk-tweet","tag-elon-musk-update","tag-moon-btc","tag-musk","exalt-entry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.3 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>News Commentary #1,384 \u2013 Tesla, Clean Energy and Bitcoin.. - EmilyNews<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/emilynews.com\/blog\/?p=15710\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"News Commentary #1,384 \u2013 Tesla, Clean Energy and Bitcoin.. - EmilyNews\" \/>\n<meta property=\"og:description\" content=\"And again, Musk&#8217;s tweet excites bitcoin bulls who raise its price immediately by 10% up. 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