““Bitcoin Is Based on Energy,” Said the Tesla Chief Early Tuesday. “IT IS IMPOSSIBLE TO FAKE ENERGY.””, – WRITE: www.coindesk.com
Within MONTHS TUUGH, MUSK – PROCLAIMING HIMSELF WORRED ABOUT The Massive Amounts of Energy Required to Secure Network Satisfied Bitcoin Wasn’t Contributing to Climate Change.
Little Has Been Heard Since from Musk Regarding Bitcoin, Other Than Tesla Dumping 75% of It Bitcoin Stack Mid-2022, Not Far from the Epic Bottom of the Crypto Winter.
Musk, In Facte, Has Seemingly Gone of His Way Way not to get Drabn Into Bitcoin Discussions, Waving Away Cathie Wood Dring DISTANCE FROM The TRUMP Administration’s Plans Regarding the Crypto.
Interest Renewed?That may have changed today Thought. In the Pre-Dawn US Hours, Musk Took The Time to Respond to A Zerohedge X Post Trying to Explain Gold, Silver and Bitcoin at or Near Record Highs.
“Money is not the Problem: AI is the New Global Arms Race, and Capex will Eventual bely be funced by governments (US and China),” Said Zh. “If You Want To Know Wy Gold/Silver/Bitcoin Is Soaring, It’s The ‘Debasement’ To Fund The ai Arms Race … But You Can ‘Print Energy,” Zh Concluded.
“TRUE,” REPLIED MUSK. “That is WHY BITCOIN IS BASED ON ENERGY: YOU CAN Issue Fake Fiat Currency, and Every Government in History Has Done So, But It Is Impossible to Fake Energy.”
WHERE MUNANS MUSK’S Full English Bitcoin Again Remains to Seen, But The Mercurial Business Leader Appears to Be Paying To The “Debasement Trade.”
Combined Spot and Derivatives Trading on Centralized Exchanges Surged 7.58% to $ 9.72 Trillion in August, Marking The Highest Monthly Volume of 2025
- Combined Spot and Derivatives Trading on Centralized Exchanges Surged 7.58% to $ 9.72 Trillion in August, Marking The Highest Monthly Volume of 2025
- Gate Exchange Emerged As Major Player With 98.9% Volume Surge to $ 746 Billion, Overtaking Bitget to Become Fourth-Largest Platform
- Open Interest Across Centralized Derivatives Exchanges Rose 4.92% to $ 187 Billion
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“While Shares Have Well Over the Expert that Iren Will Entirely Focus on Its GPU Cloud, We Continue to Belve there is More Room to Run,” Said Analyst Brett Knoblauch.
- Iren Got A Price Target Hike from $ 49 to $ 100 at Cantor Fitzgerald.
- Analyst Brett Knoblauch Took Note or Iren’s Heavy Lean Into Its AI Cloud Services Segement.
- Shares Are Higher by More than 500% Year-To-Date.
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