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.


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Musk Has Doge on a Leash. Is He a Manipulator?

Whatever his intent, to make money or to play games, Musk is putting DOGE holders in a uniquely vulnerable position.

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

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Dogecoin Jumps 22% as Elon Musk Hints at Improving Network's Transaction Efficiency

Coinbase also announced it would be listing DOGE in six to eight weeks.

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Chart of the Day: Bitcoin Mining Consumes Almost The Same Amount of Electricity as Malaysia or Egypt

“All About Bitcoin” host Christine Lee breaks down the chart tweeted by Elon Musk Thursday, with bitcoin’s annualized estimate electricity consumption being approximately 150 TWh, or about the same size consumed by Malaysia or Egypt.

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Elon Musk, Bitcoin and the Ongoing Energy Debate

Responding to Elon Musk calling the bitcoin energy usage trend “insane,” CleanSpark CEO Zach Bradford sheds light on the ongoing debate about cryptocurrency and energy consumption.

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Market Wrap: Bitcoin Falls for Second Straight Day After Tesla Action; Ether Follows

“What saddens me is the way the weak hands and recent buyers see Elon Musk as a prophet, powerhouse and decisive figure in bitcoin,” said one trader.

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Bitcoin’s Still a Buy, Despite Tesla, Says Bloomberg’s McGlone

Will the man who forecast bitcoin's price rise to $50K last year be heeded or ignored?

Some bitcoin mining facilities rely on coal-sourced energy outside of the rainy season.

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Elon Musk Says Tesla Suspending Bitcoin Payments, Citing Environmental Concerns

In a reversal, Tesla CEO Elon Musk says the electric car manufacturer would no longer be accepting bitcoin payments due to environmental concerns. The price of bitcoin and other cryptocurrencies dropped in response. “The Hash” panel debates the timing and what’s really behind Tesla’s U-turn.

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Musk's Motivation

Elon Musk is a person of considerable influence. Is it big enough to get bitcoin to go green?

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China’s Miners on Tesla’s Bitcoin 180; Animoca Brands: A Star is Born

Tesla’s Elon Musk backtracks on accepting bitcoin as payment for environmental reasons, and the Chinese mining industry reacts. A blockchain unicorn is born in Hong Kong as Animoca Brands raises $88 million in a new round of fundraising. Huobi Group launches a venture arm for blockchain and DeFi investments. More on that story and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."

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