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.


Videos

Dogecoin Surges as Payments Go Live on Tesla Store

Dogecoin (DOGE) payments went live on the Tesla store during Asian hours Friday, with prices seeing an 11% increase shortly afterward. This comes after Tesla CEO Elon Musk said the electric-car maker would accept dogecoin as payment for its merchandise in December. Earlier this year, Tesla started accepting bitcoin.

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Markets

Volatility Ruled Crypto Markets in 2021, From $69K Bitcoin to Elon Musk’s ‘Dogecoin to the Moooonn’

NFTs exploded, Coinbase stock went public, El Salvador bought the dip and China cracked down on bitcoin miners, while Solana’s SOL tokens and Polygon’s MATIC shot up by multiples of 90 or more. Here’s how crypto traders played it.

Tesla CEO Elon Musk (Getty Images, modified by CoinDesk)

Finance

Planning for Better Breed of DOGE: Dogecoin Foundation Lays Out First-Ever Road Map

It’s the first-ever road map released by the foundation in its eight-year history and explores eight new projects, including the launch of LibDogecoin and GigaWallet.

A Shiba inu, the dog breed that inspired both DOGE and SHIB, is getting a ride in cryptocurrency markets. (Unsplash, modified by CoinDesk)

Markets

Market Wrap Year In Review: Remembering Bitcoin’s FUD-Fueled Crash

As crypto markets moved through April and May, many buyers began to cash out as fear, uncertainty and doubt (”FUD”) overwhelmed traders. Concerns included U.S. capital gains taxes on digital assets, bitcoin’s environmental footprint and an outright ban on crypto mining in China.

(Faberge Workshop/Art Institute of Chicago, modified by CoinDesk)

Layer 2

CoinDesk ‘Most Influential’ Artists Sell Charity NFTs for 50 ETH

They will donate up to 20% of the $200,000 (so far) in sales to charity, in association with The Giving Block.

(Melody Wang/CoinDesk)

Finance

Jack Dorsey Goes on Unfollowing Frenzy After Web 3 Beef

Marc Andreessen, Brian Armstrong and Tyler Winklevoss have been cut out of the Twitter founder’s timeline.

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Markets

Market Wrap Year-End Review: Musk Pumps Bitcoin and Dogecoin

Dogecoin pumped along with bitcoin thanks to some high profile tweets.

Image posted on Feb. 4, 2021, by Elon Musk's Twitter account. (@elonmusk/Twitter, modified by CoinDesk)

Videos

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?

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