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Elon Musk
Elon Musk is a prominent figure in the world of cryptocurrencies, known for his involvement and influence within the industry. As the CEO of Tesla and SpaceX, Musk has garnered significant attention for his interest and support of digital currencies like Bitcoin and Dogecoin. While his statements and actions have had a notable impact on the market, it is important to approach his involvement with a critical lens, considering the volatile nature of cryptocurrencies. Musk's tweets and public endorsements have often led to significant price fluctuations, causing both excitement and concern among investors.
‘The Elon Musk Effect’ on Cryptocurrency Markets
Tesla CEO Elon Musk’s tweets have tended to impact the price movement of cryptocurrencies. Following his comments in January, dogecoin’s value grew by about 216% following his remarks, and at one point in May, the entire crypto sector lost nearly $1 trillion. What is the extent of his influence on the crypto markets?
Binance Rebuilding DOGE Wallet to Deal With User Account Freeze
“The Hash” hosts react to crypto exchange Binance trying to rebuild its wallet to fix a technical issue resulting in numerous erroneous dogecoin transactions and frozen user accounts. The incident caught the attention of Tesla CEO Elon Musk, who started a Twitter war with Binance CEO Changpeng “CZ” Zhao.
Elon Musk Facing $15B Tax Bill, Takes to Twitter on Whether He Should Sell 10% of His TSLA Shares
Tesla CEO Elon Musk asked his 62.7 million Twitter followers Saturday whether he should sell 10% of his Tesla (TSLA) holdings. Some suggest this is due to Musk’s impending tax bill of more than $15 billion in the coming months on stock options.
SHIB Flippened DOGE With $160M in ‘Smart Money’ Backing Latest Pump
Shiba Inu, the self-proclaimed dogecoin killer, briefly surpassed DOGE in market value Wednesday, backed by “smart money” worth about $160 million from the past seven days. This comes as ads for Floki, a meme-based coin named after Tesla CEO Elon Musk’s shiba inu dog, have appeared on London’s transportation network in recent weeks.
Vitalik Buterin Among Time Magazine’s 100 Most Influential People of 2021
Time Magazine has listed Ethereum co-founder Vitalik Buterin in its 100 Most Influential People list for 2021. Tesla CEO Elon Musk and El Salvador President Nayib Bukele have also been recognized.
How Elon Musk Maintains His Cult of Personality
A script reportedly given to every driver for Elon Musk's Loop system, which opened in June to transport attendees around the Las Vegas Convention Center (LVCC) using modified Tesla vehicles, reveals insights into how tightly Elon Musk is controlling his cult of personality. "The Hash" squad reacts.
Elon Musk Says SpaceX Holds Bitcoin at B Word Conference
At the B Word conference held Wednesday hosted by the Crypto Council for Innovation, Tesla CEO Elon Musk revealed he owns bitcoin, ether, and dogecoin, while also confirming for the first time that his aerospace company SpaceX holds BTC. "The Hash" panel discusses Musk's potential influence in the broader crypto markets and community.
Hot DOGE! Elon Musk Thrusts Baby Doge Into the Spotlight, Meme Coin Soars
Tesla CEO Elon Musk tweeted Thursday a shoutout to meme-based cryptocurrency "baby doge," a spinoff of dogecoin (DOGE), sending its value to increase by more than 80%. Has Musk moved on from DOGE? "The Hash" panel discusses baby doge and Musk's influence on the "meme economy."