Quant Cryptocurrency is currently on bullish momentum by 44.75% in the last 7 days. At 04:10 EST on Thursday, 13 May, Quant is at $56.79.
Regarding Quant’s daily highs and lows, it’s 50.84% up from its trailing 7 days low of $37.65 and 4.15% down from its trailing 7 days high of $59.25.
Currently, Quant has 25901 Twitter followers and 3975 Reddit subscribers.
News about Bitcoin
Musk says Tesla suspending Bitcoin purchases, citing energy use. According to Bloomberg Quint on Wednesday, 12 May, "In a post on Twitter Wednesday, Musk cited concerns about "rapidly increasing use of fossil fuels for Bitcoin mining and transactions." The move comes after Tesla disclosed in February that it had purchased $1.5 billion in Bitcoin and planned to accept it as a payment.", "Optimism grew after Mastercard Inc., Bank of New York Mellon Corp. and other firms moved to make it easier for customers to use cryptocurrencies, fueling the mainstream resurgence that took Bitcoin from about $29,000 at the end of last year to as high as almost $65,000 on April 14. "
Musk’s Bitcoin concerns sink crypto-linked stocks. According to Bloomberg Quint on Thursday, 13 May, "Bitcoin plunged as much as 15%, sinking to as low as $46,045 after Musk said he was worried over the "rapidly increasing use of fossil fuels for Bitcoin mining and transactions," and suspended Tesla purchases with the asset, indicating he might favor other cryptocurrencies with much lower energy usage.", "That puts him at odds with ARK Investment Management LLC’s Cathie Wood, who last month shared research that she said would "debunk the myth that Bitcoin mining" is bad for the environment. "
Canadian issuer is making its Bitcoin ETF carbon-neutral. According to Bloomberg Quint on Monday, 10 May, "This is something that is, in my view, very important — it’s going to be with us for a long time — and so we need to figure out a way to ensure that Bitcoin can scale and reach its potential in a sustainable way," Tapscott said by phone.", "The company said it’s building carbon neutrality into its existing Bitcoin and Ether funds and is also planning to seek regulatory approval for an ETF with the same features."
According to Business Insider on Tuesday, 11 May, "On the other side of that, in terms of accepting Bitcoin from our customers, we do accept it," the CFO added."
More news about Quant.