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Elon Musk good for Bitcoin even on down day: Binance.US CEO


Elon Musk good for Bitcoin even on down day: Binance.US CEO
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Last Updated: Jun 04, 2021, 10:39 PM IST
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Bitcoin s volatility has intensified in recent weeks in response to various social-media posts from the Tesla Inc. founder.
AP
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The leader of one of the largest crypto exchanges in the U.S. sees Elon Musk’s impact on the industry as a positive even on a bad day.
“Whether he’s pushing markets up or down, that’s probably good in the long term,” Binance.US Chief Executive Officer Brian
Brooks said in a Bloomberg Quicktake interview. “If Elon Musk is this interested in crypto, crypto must be pretty important.” ....

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Elon Musk attributes Tesla price hikes to 'supply chain pressure'

Read more about Elon Musk attributes Tesla price hikes to supply chain pressure on Business Standard. Musk had previously indicated in an April earnings call that Tesla was well placed to weather the global chip shortage by "pivoting extremely quickly to new microcontrollers". ....

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