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Tesla
Week Ahead: What’s Next for BTC Price, Possible Global Crypto Crackdowns, Alternatives to Bitcoin
Exploring what’s to come next week in the world of bitcoin as hopes of a Santa Claus Rally bringing BTC to $100K seem dim, and central banks around the world considering potentially banning crypto. Plus, Tesla CEO Elon Musk suggests dogecoin is better than bitcoin for payments, but is it true?
Dogecoin Surges as Elon Musk Teases Tesla Merchandise Plan
Dogecoin surged as much as 33% after Tesla CEO Elon Musk tweeted the electric-car maker would accept the cryptocurrency as payment for its merchandise. This comes as Tesla experimented with bitcoin earlier this year. "The Hash" team discusses Musk's latest tweet moving the crypto markets in an ongoing testament to his influence.
Elon Musk Named Time Magazine’s 2021 'Person of the Year'
Time Magazine has named Tesla and SpaceX CEO Elon Musk as "Person of the Year" for 2021, a year that saw his electric vehicle company become the world's most valuable carmaker. "The Hash" panel discusses Musk's influence on the crypto market and contributions to the wider society.
‘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.
Tesla Hints at Restarting Crypto Transactions Again in SEC Filing
In a September quarterly filing with the U.S. Securities and Exchanges Commission (SEC), Tesla hinted it might soon restore support for crypto payments. This comes as the major electric vehicle manufacturer became the fifth company to surpass the $1 trillion market cap. "The Hash" hosts discuss whether this could be a bullish signal for bitcoin and the wider crypto markets.
Where’s Bitcoin Headed Next?
Jesse Proudman, co-founder and CEO of SEC-registered crypto robo advisor Makara, discusses his short-term and end-of-year outlook for bitcoin as it surged to an all-time high of $66,974 last week. Plus, whether he’s advising his clients to invest in bitcoin futures ETFs and views on Tesla’s stocks making big moves.