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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.
Tesla Sold Some Bitcoin for Big Profit in Q1 and Crypto Critics Pounce
Elon Musk’s Tesla sold some of its bitcoin in the first quarter for $272 million in proceeds, $101M of profit. The move garnered mixed reactions from analysts and retail investors. “The Hash” panel discusses the sale and its larger implications for the crypto market.
Elon Musk Says Dogecoin Is Going to the Moon – Literally
Elon Musk is tweeting about Dogecoin again, this time claiming SpaceX would be putting “literal dogecoin on the literal moon.” Whether or not it’s an April Fools’ Day joke, the price of DOGE soared in response. “The Hash” team weighs in.
DOGE Jumps After Tesla's Musk Promises 'Literal' Moonshot
Elon Musk's tweets keep sending dogecoin into the stratosphere, now with a market capitalization over $8 billion.
Elon Musk’s Bitcoin Marketing Coup
By embracing bitcoiners, Tesla is likely to make more sales among that crowd even if they pay in fiat. Any extra BTC the carmaker gets is gravy.
Want to Buy a Tesla With Bitcoin? It Ain't Easy
The difficulty underscores how even in a roaring bull market, crypto still struggles to gain widespread acceptance as a payment method.
Market Wrap: 'Elon Candle' Effect Fades Quickly as Bitcoin Retreats Below $55K
Tesla got the market excited briefly, but bitcoin is still in consolidation mode.
Elon Musk Says You Can Buy Teslas With Bitcoin Now
Tesla CEO Elon Musk tweets consumers can now buy Teslas using bitcoin. "The Hash" panel unpacks the pros and cons, what Tesla plans to do with the bitcoin and the revelation that Tesla is operating Bitcoin nodes.
Bitcoin Rises Despite Dollar Strength as Elon Musk Adds BTC Payment Option
Tesla accepting bitcoin payments and running its own nodes is "massively bullish," according to one analyst.
