fix the money, fix the world

6.14.2021

World War Bitcoin

Bitcoin soars above $40,000 after Tudor Jones endorsemen

Bitcoin’s price hopped over $40,000 on Monday following bullish comments by billionaire hedge fund manager Paul Tudor Jones. “I like bitcoin as a portfolio diversifier. Everybody asks me what should I do with my bitcoin? The only thing I know for certain, I want 5% in gold, 5% in bitcoin, 5% in cash, 5% in commodities,” Tudor Jones said on CNBC’s “Squawk Box” on Monday.

INVEST IN YOU: READY. SET. GROW. Suze Orman likes bitcoin. Here’s how she says you should invest in it

Personal finance expert Suze Orman likes bitcoin. Not as a currency, but as a long-term investment, the best-selling author told CNBC’s “Power Lunch” Monday.

Bitcoin Reaches Highest Level Since May as Chartists Eye $50,000

After a volatile weekend, Bitcoin has once again surpassed $40,000, reaching its highest level in more than two weeks.

EXCLUSIVE El Salvador bitcoin transfers soar, but still a fraction of dollar remittances

Small transfers of bitcoin to El Salvador jumped over four-fold in May from a year ago but still represent a small amount when compared to remittances sent in dollars, data shared with Reuters showed.

Elon Musk's '50% Clean Energy' Bitcoin Mining Goal Will Be Complicated To Verify

On Sunday, Tesla’s CEO Elon Musk tweeted that when there’s “confirmation of reasonable (~50%) clean energy usage by miners with positive future trend, Tesla will resume allowing Bitcoin transactions.” However, there’s a big problem with this goal, as nobody knows exactly how to measure 50% clean energy usage let alone precisely where miners are geographically located.

In El Salvador's bitcoin beach town, digital divide slows uptake

he El Salvadoran beach town of El Zonte is visibly poor, with dirt roads and a faulty drainage system. But in one way, it's ahead of the rest of the country: It has bitcoin.