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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.
Elon Musk Accuses the SEC of Harassment on Free Speech
Tesla CEO Elon Musk accused the U.S. Securities and Exchange Commission of harassment in a calculated effort to “chill” his right to free speech. The SEC closely watches the billionaire’s Twitter account with the concern he is manipulating the stock of Tesla.
Meme Investing: From GameStop to AMC, Did Wall Street Still Win?
In the aftermath of the GameStop short squeeze, Wall Street Journal "Heard on the Street" editor Spencer Jakab discusses the key findings from his new book "The Revolution That Wasn't," explaining that meme investing from retail investors did little to change power dynamics on Wall Street. Plus, his take on Tesla CEO Elon Musk's influence on crypto.
Tesla Records $101M Impairment Loss on Bitcoin Holdings for 2021
The company said it invested $1.5 billion in bitcoin in the first quarter of the year.
Sheila Warren to Lead Crypto Council for Innovation
Former World Economic Forum executive Sheila Warren is now CEO of Washington-based lobbying group Crypto Council for Innovation (CCI). Last July, CCI co-hosted a bitcoin-focused virtual event featuring Elon Musk, Jack Dorsey and Cathie Wood.
Fake Grimacecoin Jumps 285,000% After McDonald’s’ Tesla Joke
"Grimacecoin," a token created after a McDonald’s joke tweet, surged as much as 285,641% for a few hours Wednesday. Tesla CEO Elon Musk tweeted, “I will eat a happy meal on TV if McDonald’s accepts Dogecoin," to which McDonald's replied, “Only if Tesla accepts grimacecoin,” referencing its purple mascot fashioned after a taste bud. "The Hash" panel discusses the latest instance of Musk's influence on the meme economy.
Fake Grimacecoin Jumps 285,000% After McDonald’s’ Tesla Joke
Opportunistic actors made quick money creating a token named after a burger-loving purple taste bud.
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.
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.
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.
