Bitcoin continues slide to end the week

CoinShares chief strategy officer Meltem Demirors and Defiance ETF CIO Sylvia Jablonski on the latest headlines surrounding Bitcoin and cryptocurrencies. 

Bitcoin was trading more than 3% lower on Friday morning.

The price was around $37,934 per coin, while rivals Ethereum and Dogecoin were trading lower at around $2,356 and 30 cents per coin, respectively, according to Coindesk.

ELON MUSK QUESTIONS ASSERTIONS BITCOIN IS SUSTAINABLE

Tesla CEO Elon Musk continues the Bitcoin debate, On Thursday he tried to refute claims that Bitcoin is “greener than critics say.” 

As part of a string of tweets Thursday, Bitcoin Magazine cited Kraken CEO Jesse Powell saying not only that the digital currency is green but that Musk – who has recently questioned the digital currency’s environmental impact – “has some more studying to do.”  

“Based on what data,” Musk replied.

To bolster their point, Bitcoin Magazine released a round of back-to-back tweets citing…

Read more…