Elon Musk has announced that when there is “confirmation of reasonable (~50%) clean energy usage by miners with positive future trend,” Tesla will start accepting bitcoin for payments again.
“This is inaccurate. Tesla only sold ~10% of holdings to confirm BTC could be liquidated easily without moving market. When there’s confirmation of reasonable (~50%) clean energy usage by miners with positive future trend, Tesla will resume allowing Bitcoin transactions.” he responded to a Cointelegraph tweet about recent accusations from Sygnia CEO Magda Wierzycka, who called on the SEC to investigate him for allegedly manipulating Bitcoin’s price.
Source:
https://azcoinnews.com/elon-musk-tesla-will-start-accepting-bitcoin-for-payments-again.htmlThis is the reason of current pump. Seems like he can still influence the market with his tweets. But this is a good news for Bitcoin future and hopefully other firms and companies will follow suit.
Finally the price of Bitcoin managed to touch the price of $ 40k, this is very good news for the crypto community. It's been a long time since Bitcoin
failed to reach the $40k price, finally today Bitcoin surprisingly managed to hit the $40k price. What's interesting is that this has a lot to do with
Elon Musk's positive statements about Bitcoin and Tesla plans to accept Bitcoin payments again. Even though I don't like Elon Musk and I don't care
what he has to say, I have to admit that his influence is quite big. Because what he said indirectly made the price of Bitcoin now managed to rise
to the price of $ 40k. Hopefully in the future Elon Musk will not spread FUD about Bitcoin again, so that he can correct the mistakes he has made.