Tesla Will Accept Bitcoin Again Once Miners Go 50% Green – June 14

πŸ“ˆ 30 Second Cryptocurrency Price Summary

Current Bitcoin Price:Β $39,560

Bitcoin price has charged towards the $40,000 mark, currently sitting well above $39,500 in a strong upward move.

Top-20 altcoins have performed well too, as Ethereum gains 7%, Cardano rises 7% and THETA leaps 19% over the last 24 hours.

Top Stories for June 14, 2021 πŸ”₯

πŸ‘‰ Tesla Will Accept Bitcoin Again Once Miners Go 50% Green

Tesla founder and CEO Elon Musk has Tweeted that the company will resume accepting Bitcoin as payment, once 50% of miners go green.

According to Musk, there must be “confirmation of reasonable (~50%) clean energy usage by miners, with positive future trend”. It is currently unclear how exactly Musk would fact-check Bitcoin clean energy usage.

πŸ‘‰ 1.5 Billion In ETH Options Set To Expire On June 25

Anticipation is building around the June 25 expiry date for $1.5 billion worth of Ethereum (ETH) options contracts – its largest to date.

The previous major options expiry date, March 26, had 30% less open interest, but saw the price of Ether fall 17% in 5 days. this was followed by a 56% rally.

πŸ‘‰ Bitcoin’s Taproot Upgrade Reaches Activation Lock-In Level

Bitcoin’s privacy-focused upgrade, Taproot, has reached the minimum limit of supportive blocks for its signalling period, after several weeks.

The upgrade is the first major upgrade to the Bitcoin protocol since SegWit in 2017, and will go into effect in block 709,632 – estimated to be in mid-November of this year.