You Searched For "bitcoin esg concerns" and got 20 results
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2 mins read
Elizabeth Warren calls for a crackdown on 'environmentally wasteful cryptocurrencies' to fight the climate crisis
Elizabeth Warren said it's time to crack down on environmentally wasteful cryptocurrencies like bit…
Will Daniel
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
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
3 mins read
'Shark Tank' star Kevin O'Leary shrugged off government crypto bans and revealed he'll keep buying the bitcoin dip in an interview. Here are 10 highlights.
The famed investor spoke about boosting his bitcoin allocation from 3% to 5%, and being involved in…
Shalini Nagarajan
2 mins read
Cathie Wood doubles down on defense of bitcoin as environmentally conscious, and says there is 'nothing better' in terms of ESG
"Bitcoin mining will probably become part of utility ecosystems, and will proliferate renewables fa…
Isabelle Lee
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
Fundstrat's Tom Lee explains why he's doubling down on bitcoin after Elon Musk's surprising reversal - and increasing his price target to $125,000
"I don't think it's going to get people negative on bitcoin, but it is going to get people to focus…
Isabelle Lee
4 mins read
The crypto ecosystem has been challenged 'no fewer than probably 100 times' over its lifetime. Here's why many institutions are still piling into the asset class, and what roadblocks remain.
Top execs at crypto giants Coinbase and Grayscale broke down why institutions are flocking to crypt…
Anita Ramaswamy
2 mins read
Bitcoin uses more energy than American Airlines and each $1 billion in inflows is equal to owning 1.2 million cars, Bank of America says
Bitcoin has an immense environmental footprint, using as much energy as corporations and countries,…
Sophie Kiderlin
2 mins read
Crypto bulls challenge Elon Musk's environmental concerns on bitcoin - but billionaire Mike Novogratz takes a softer stance
The self-proclaimed "Technoking" had only recently agreed with Twitter boss Jack Dorsey, saying bit…
Shalini Nagarajan
2 mins read
A bitcoin ETF may not be approved by the SEC until 2023 despite surging interest, according to a fund provider that's already been through the process
The SEC's rejection of the Wilshire Phoenix bitcoin ETF application in February 2020 gave the fund …
Matthew Fox
3 mins read
Bitcoin adoption was picking up pace. Elon Musk slamming its 'insane' energy use may have stopped that.
Companies were increasingly adopting bitcoin. But things could change after Elon Musk harshly criti…
Harry Robertson
4 mins read
Jack Dorsey and Michael Saylor headlined the sold-out Bitcoin 2021 Miami conference. Here are their 12 best quotes from the event.
"If I were not at Square or Twitter I'd be working on bitcoin," Jack Dorsey said at the Bitcoin 202…
Will Daniel
2 mins read
Elon Musk is a 'tourist' in crypto who just wants to 'collect followers,' Celsius Network CEO says
"We're going to get to where we're going with Elon or without Elon," Mashinsky said at the Bitcoin …
Will Daniel
2 mins read
Bitcoin is not ready to go mainstream for these 3 reasons, the world's largest wealth manager warns
Tesla's bitcoin move opened the floodgates for more corporations to adopt the popular cryptocurrenc…
Matthew Fox
2 mins read
Bitcoin mining consumes 0.5% of all electricity used globally and 7 times Google's total usage, new report says
As bitcoin mining becomes more popular and competitive, it's consuming more and more energy across …
Eugene Kim
2 mins read
Bitcoin tumbles by more than $2,000 as cryptocurrency bulls cash in on this month's stellar run
"It feels more and more like we're hitting a Bitcoin tipping point," one crypto trader said. "In fa…
Shalini Nagarajan
2 mins read
Cathie Wood says Elon Musk will eventually prove positive for bitcoin - and predicts central banks will begin adding crypto to their balance sheets
"He has encouraged a lot more conversation, a lot more analytical thinking. And I do believe he's g…
Shalini Nagarajan
2 mins read
'Shark Tank' star Kevin O'Leary says decentralized finance could be the future - and plans to launch a DeFi investing company
The investor is bullish on DeFi as the future of crypto because it allows users to profit from thei…
Sophie Kiderlin
1 min read
Elon Musk met with Bitcoin miners to discuss making the cryptocurrency more environmentally friendly
Musk attended a discussion hosted by MicroStrategy's CEO on establishing standards for the industry…