You Searched For "bitcoin concerns" and got 20 results
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2 mins read
Cathie Wood says recent energy-use concerns surrounding bitcoin will help boost the adoption of renewable mining and solar power
"We're probably going to see the scaling out of solar because of bitcoin mining much faster now tha…
Will Daniel
2 mins read
Kevin O'Leary says bitcoin is here to stay as an asset class, but the next wave of institutional money won't come unless miners pivot towards renewable energy
Institutional investors are interested in bitcoin, so miners must ensure that it can meet firms' ES…
Emily Graffeo
3 mins read
Cathie Wood and Anthony Scaramucci discussed institutional investment in digital assets, brushed off bitcoin's ESG woes, and warned investors about excessive leverage in a recent interview. Here are the 10 best quotes.
"Bitcoin is the reserve currency of the crypto-asset ecosystem. It is the flight to safety currency…
Will Daniel
1 min read
Bitcoin slides 13% for the week after Elon Musk's bombshell U-turn, but finds some support at $50,000
It was a bad week for bitcoin, with Elon Musk criticizing its energy use and regulators increasing …
Harry Robertson
2 mins read
Bitcoin plunges as much as 15% after Elon Musk halts Tesla payments - calling the token's energy use 'insane'
Bitcoin was more than 20% off its record high after Elon Musk made a major U-turn on Tesla payments…
Harry Robertson
2 mins read
Elon Musk's Tesla has stopped taking bitcoin, but is weighing greener options. Here are 5 tokens it might consider
Elon Musk said Tesla is looking at more eco-friendly alternatives to bitcoin. There are thousands t…
Harry Robertson
2 mins read
US stocks rise as strong corporate earnings outweigh inflation concerns
The Dow hit an intraday record on Wednesday, while the S&P 500 climbed for a sixth straight session…
Isabelle Lee
3 mins read
3 bitcoin-mining experts explain why concerns around the cryptocurrency's massive energy consumption are overblown
Bitcoin's rally has reignited fears that mining the coin is harmful to the environment. Crypto expe…
Emily Graffeo
1 min read
Anthony Scaramucci defends Elon Musk's bitcoin holdings amid recent energy-use concerns, says the Tesla CEO has done more than anyone to fight climate change
Anthony Scaramucci said Musk wouldn't invest in a "dirty asset" and the future of bitcoin mining is…
Emily Graffeo
1 min read
New York has passed a bill placing a moratorium on cryptocurrency mining as state lawmakers seek to address environmental concerns
The bill targets proof-of-work crypto mining operations that burn fossil fuels. The state Senate pa…
Carla Mozée
2 mins read
Fidelity's plan to add bitcoin for 401(k) retirement saving raises grave concerns, US Labor Department says
There's a lot of hype around "you have to get in now because you will be left behind otherwise," an…
Shalini Nagarajan
1 min read
These are the 4 top crypto concerns holding back institutional investors, survey says
At the top of the list is crypto security, which trumped regulatory uncertainty and price volatilit…
Isabelle Lee
2 mins read
Concern that crypto could let Russians dodge sanctions 'underscores the need' for regulation, Fed's Powell says
"I just think it underscores the need, really, for congressional action on digital finance, includi…
Adam Morgan McCarthy
1 min read
NYC mayor Eric Adams says his bitcoin investment is about sending a message that the city is open to new tech, sidestepping concerns about crypto plunge
"It's the same as when I invested in the stock market," Mayor Eric Adams told CNN. "We saw a drasti…
Isabelle Lee
1 min read
Sam Bankman-Fried defends bitcoin's energy use in response to Elizabeth Warren's concerns over environmental impact
Bankman-Fried suggested bitcoin's economic impact justifies its energy use, and noted several devel…
Emily Graffeo
1 min read
Elon Musk and Bitcoin miners come together to address the cryptocurrency's energy usage concerns
After giving a massive jolt to the cryptocurrency fans, Tesla CEO Elon Musk has now come forward to…
1 min read
Elon Musk's concerns about bitcoin's energy consumption are misguided, Ark Invest says
Bitcoin has fallen 32% since Musk said Tesla would no longer accept bitcoin as a form of payment du…
Matthew Fox
1 min read
Bitcoin stages a comeback, rallying 25% since BlackRock filed for its crypto fund
Bitcoin has soared since June 15, the date that the world's largest asset manager filed for its spo…
George Glover
1 min read
US stocks end higher but Wall Street closes out losing week amid interest rate concerns
A tighter-than-expected labor market renewed worries that the Federal Reserve may have to raise int…
Filip De Mott
1 min read
Chinese assets will shrink from big investors' portfolios amid regulatory concerns, new data shows
Invesco data shows 12% of professional investors are planning on cutting back their exposure to Chi…