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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.
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?
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.
Musk's Motivation
Elon Musk is a person of considerable influence. Is it big enough to get bitcoin to go green?
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."
Did Tesla's 180 on Bitcoin Payments Scare the Market?
Bitcoin prices dropped today after Elon Musk tweeted a statement indicating that Tesla would no longer accept bitcoin payments for its electric cars. Many in the crypto ecosystem blame Musk, but is the tweet really to blame for bitcoin's drop? And if it is, is it cause for concern that the behavior of individuals can so drastically impact the crypto markets? Kyle Samani of Multicoin Capital weighs in.
Bitcoin Makes Weak Bounce After Tesla Blow but Pullback May Not Be Over: Analyst
Elon Musk's tweets aside, bitcoin remains vulnerable to rising odds of a Fed Reserve rate hike.
Bitcoin Plunges as Tesla Halts BTC Payments Over Environmental Concerns
Musk's about-face on the leading cryptocurrency put to flight a market already in a nervous mood.
Elon Musk Says Tesla Is Suspending Bitcoin Payments Over Environmental Concerns
However, Tesla will not be selling any of its bitcoin anytime soon.
The Node: Too Musk Power for One Man
Dogecoin is too dependent on the personality cult of one man to ever become truly viable, like, say, Bitcoin.
