• Download the Constitution of Pakistan
  • Advertise
WRITE FOR US
Economy.pk
No Result
View All Result
  • Economy
  • Politics
  • Technology
  • Education
  • Life & Style
  • Health
  • World
  • Videos
  • Economy
  • Politics
  • Technology
  • Education
  • Life & Style
  • Health
  • World
  • Videos
No Result
View All Result
Economy.pk
No Result
View All Result
Home Business

Bitcoin price upsurges after Elen Musk’s tweet

by News Desk
June 14, 2021
in Business, Finance
Reading Time: 1 min read
Bitcoin price
Share on FacebookShare on Twitter

Bitcoin price hit a two-week high just shy of $40,000 on Monday, after another weekend reacting to tweets from Tesla boss Elon Musk, who fended off criticism over his market influence and claimed Tesla sold Bitcoin but may resume transactions using it.

The Bitcoin has gyrated to Musk’s views for months since Tesla announced a $1.5 billion Bitcoin purchase in February and said it would take the cryptocurrency in payment. He later said the electric car maker would not accept Bitcoin due to concerns over how mining the currency requires high energy use and contributes to climate change.

“When there’s confirmation of reasonable (~50 per cent) clean energy usage by miners with a positive future trend, Tesla will resume allowing Bitcoin transactions,” Musk said on Twitter on Sunday.

Tags: BitCoinBitcoin priceCEO TeslaCryptocurrencyDigital CurrencyElectric car makerElen MuskTesla
News Desk

News Desk

Related Posts

SBP Offers Interest-free Loans to Women For Starting Business

SBP Offers Interest-free Loans to Women For Starting Business

The State Bank of Pakistan (SBP) is offering interest-free loans to unemployed women to start their large-scale businesses to ensure...

Work on PIA restructuring plan expedited

Work on PIA restructuring plan expedited

Work on Pakistan International Airlines (PIA) reorganisation plan for privatization has been accelerated. According to reports, the PIA administration has...

Fertiliser industry: Govt mulling ending cheaper gas facility

Fertiliser industry: Govt mulling ending cheaper gas facility

According to sources close to the Energy Minister, the caretaker government is expected to fix fertilisers industry feed petrol costs...

World Bank report reveals Pakistan's poverty rate inrease to 39.4%

World Bank report reveals Pakistan’s poverty rate inrease to 39.4%

Pakistan is facing a major challenge poverty rates are growing and have reached an all-time high of 39.4%! It was...

Pakistan to discuss long-term Russian oil deal next month

Pakistan to discuss long-term Russian oil deal next month

Pakistan will begin discussions with Russia next month to discuss a long-term agreement for importing Russian crude oil, as the...

Azerbaijan launches direct flight operations to Pakistan

Azerbaijan launches direct flight operations to Pakistan

Azerbaijan's national airline announced today that it will begin direct flights to Pakistan. According to sources, Azerbaijan's national airline, AZAL,...

Next Post
Zamzam Water

Saudi Arabia launched a new system to distribute Zamzam Water

Please login to join discussion

Recent Posts

  • SBP Offers Interest-free Loans to Women For Starting Business
  • Work on PIA restructuring plan expedited
  • Judge insists on Ex-PM Imran Khan’s arrival despite Attock Jail’s worries
  • Fertiliser industry: Govt mulling ending cheaper gas facility
  • Anchorperson Imran Riaz Khan ‘recovered’ after nearly 5 months

Advertisement

Twitter

Economy.pk

Economy.pk is a source of economic, political, business, finance, health and sports updates.

Categories

  • Economy
  • Politics
  • Technology
  • Education
  • Life & Style
  • Health
  • World
  • Videos

Privacy & Legal

  • Privacy Policy
  • Cookies

Social Media

  • Facebook
  • Instagram
  • Twitter
  • Linkedin
  • About
  • Advertise
  • Contact

© 2023 Economy.pk

No Result
View All Result
  • VIDEOS
  • World
    • Europe
    • Americas
    • Asia
    • Oceania
    • Africa
    • Middle East
  • Finance
  • Politics
  • Business
    • Economy
    • Finance
    • Entrepreneurship
    • Real Estate
  • Technology
    • Cyber Security
    • Mobiles
    • Social Media
  • Education
  • Sports
  • Life & Style
    • Personalities
    • Art
    • Culture
    • History
    • Entertainment
    • Fashion
    • Food
    • Health
      • Environment
      • Fitness
  • Sponsored

© 2023 Economy.pk