Elon Musk did it again! Bitcoin price climbed above $39,000 after Tesla chief executive had indicated that electric carmaker will resume transaction with cryptocurrency.
Tesla will not be selling any Bitcoin and we intend to use it for transactions as soon as mining transitions to more sustainable energy.” Bitcoin plunged by around 10% soon after the tweet.
The electric carmaker co-founder said Tesla has “diamond hands”, implying that the auto company would not be parting with its $1.5 billion stake in bitcoin.
Of course, they took the risk upon themselves when they invested, and everyone knows to be prepared for volatility in crypto, but your tweets this week show a clear disregard for the average working person,” hacker group ‘Anonymous’ said issued a warning to Elon Musk last week.
He has been trying to pump crypto for ages, tweeting about it to no end, and even going to Saturday Night Live as a final resort to get Dogecoin up! It’s ridiculous!” reads the official page of $STOPELON.