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.


Finance

Elon Musk's X Is Reportedly Now Banned in Brazil Following Judge's Ruling

Use of a VPN to circumvent the prohibition could lead to hefty fines, according to media reports.

Elon Musk (Richard Bord/WireImage)

Videos

Judge Dismisses Market Manipulation Suit Against Elon Musk; Ryan Salame's Plea Deal Saga

"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines in the crypto industry today, as a Manhattan judge has permanently dismissed a lawsuit that alleged Elon Musk manipulated the price of Dogecoin. Plus, bitcoin slides below $60,000, and former FTX executive Ryan Salame's plea deal saga.

Recent Videos

Videos

Crypto Goes Unmentioned in Trump-Musk Interview; 3AC Liquidators Suing Terraform Labs for $1.3B

"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines in the crypto industry today, as crypto and bitcoin went unmentioned in the interview between X CEO Elon Musk and former President Donald Trump. Plus, 3AC liquidators have sued Terraform Labs for $1.3 billion and Hamster Kombat bashes crypto VC funding.

Recent Videos

Policy

Bitcoin and Crypto Go Unmentioned During Trump-Musk X Space

Bettors at one point gave an over 60 percent chance of Trump mentioning digital assets during the interview

Donald J. Trump at a rally (Gerd Altmann, modified by CoinDesk)

Markets

Elon Musk’s X Quietly Removes Bitcoin, MAGA Emojis From Hashtags

Logos for several tokens started to first appear on X, previously Twitter, in 2020, as a step to improve brand adoption and recall on the internet.

Bitcoin sculpture made from scrap metal outside the BitCluster mining farm in Norilsk, Russia. (BitCluster)

Markets

DOGE, SHIB Spike After Elon Musk Tweet About Mascot Dog's Passing

The price action underscores Musk's market-moving sway on the canine-themed meme coins.

A physical representation of doge and shiba inu token. (Kevin_Y/Pixabay)

Markets

Elon Musk Will Likely Remain Tesla CEO, and Tweet Non-Stop: Prediction Markets

Also: Trump faces likely conviction, per Polymarket punters; CFTC hearing to discuss political betting ban.

Tesla CEO Elon Musk speaks during an event to launch the new Tesla Model X Crossover SUV on September 29, 2015 in Fremont, California. After several production delays, Elon Mush officially launched the much anticipated Tesla Model X Crossover SUV. The

Videos

Worldcoin’s WLD Drops as Elon Musk Sues OpenAI; Robinhood Teams Up With Arbitrum

"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines impacting the crypto industry today, including a Reuters report on Elon Musk's lawsuit against OpenAI and CEO Sam Altman for breach of contract. Plus, a group of state attorneys general are arguing that the SEC exceeded its authority in suing the crypto exchange Kraken. And, the latest announcements coming out of ETHDenver on Robinhood's partnership with Arbitrum.

CoinDesk placeholder image

Markets

Worldcoin’s WLD Drops as Elon Musk Sues OpenAI

WLD is considered a proxy bet on OpenAI, the Sam Altman-owned artificial intelligence company.

(Steve Jurvetson/Wikimedia Commons)

Markets

Tesla’s Bitcoin Holdings Remain Unchanged in Q4

The Elon Musk-led company holds over $387 million worth of bitcoin.

Tesla Charging Station Electric Car  (Blomst/Pixabay)