Perpetual Protocol (PERP-USD) Cryptocurrency is currently on bullish momentum by 18.92% in the last 6 hours. At 01:10 EST on Tuesday, 18 May, Perpetual Protocol (PERP-USD) is at $11.06.

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Currently, Perpetual Protocol (PERP-USD) has 18886 Twitter followers.

News about Bitcoin

Novogratz says Bitcoin risks remaining under pressure for weeks. According to Bloomberg Quint on Monday, 17 May, "The U.S. Securities and Exchange Commission could approval of a Bitcoin exchange-traded fund at the end of this year or early next year, he said.", "While Bitcoin continues its gyrations, New York-based Galaxy — which hopes to list on a U.S. exchange in the second half of the year — reported strong first-quarter results Monday. "

Elon Musk just reopened an old wound in the Bitcoin world. According to Bloomberg Quint on Sunday, 16 May, "Then last week, Tesla announced that it would no longer accept Bitcoin as a payment becauseto energy consumption, making the heel-turn complete.", "Another group, which had more corporate backing at the time,wanted Bitcoin to evolve intoa platform for fast and cheap payments. "

Billionaire’s Bitcoin dream shapes his business empire in Norway. According to Bloomberg Quint on Saturday, 15 May, "Kjell Inge Rokke, who started out as a fisherman to build a roughly $5 billion fortune in Norway’s offshore industry, has already revealed his belief that Bitcoin will be "on the right side of history." Now Aker ASA, Rokke’s industrial investment company, says it’s open to the idea of accepting payment in the cryptocurrency.", "In an interview earlier this year, Governor Oystein Olsen called it "far too resource-intensive, far too costly and most importantly, it doesn’t preserve stability." Concerns over the carbon footprint of Bitcoin mining this week prompted Tesla Inc. CEO Elon Musk — a former fan of the cryptocurrency — to turn his back on it."

Bitcoin loses cachet in its challenge to gold . According to Bloomberg Quint on Monday, 17 May, "One Bitcoin is now equivalent to about 23 ounces of bullion, down from a record of 36 ounces in April. "

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