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.


Videos

Bitcoin Breaks Past $44K; Elon Musk Says His AI Startup Is 'Not Raising Money Right Now'

"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest crypto stories of the day, including bitcoin's (BTC) latest price action after the largest cryptocurrency by market capitalization edged over $44,000. Elon Musk posted on X (formerly Twitter) that his artificial intelligence startup xAI was not "raising money". Plus, Blackrock and Bitwise both filed amended S1 forms with the Securities and Exchange Commission on Monday.

Recent Videos

Markets

Elon Musk Halts Dogecoin Surge by Saying His AI Business Is 'Not Raising Money'

DOGE surged Tuesday after an SEC filing showed xAI had already raised $134.7 million and might seek $1 billion.

Elon Musk (Daniel Oberhaus/Flickr)

Finance

This Bitcoin Rally Feels Different. FOMO and YOLO Seem to Be Back

BTC just touched $45,000 days after topping $40,000 for the first time since early last year – and crypto-skeptics are taking another look.

Is bitcoin going to the moon again? (NASA)

Tech

Elon Musk-Backed X.AI Files With SEC to Raise Up to $1B in Equity Offering

The filing says the company has already sold $134.7 million of the securities.

(Steve Jurvetson/Wikimedia Commons)

Markets

Elon Musk-Inspired 'Go F--K Yourself,' Cybertruck Tokens Surge Among Microcap Punters

Tokens like GFY, TRUCK and GROK tied to Musk's products and recent statements have popped up on Ethereum and other blockchains.

(Steve Jurvetson/Wikimedia Commons)

Tech

Dogecoin Funded SpaceX ‘Doge-1’ Moon Mission Gets a Step Closer to Launch

Doge-1 is a cube satellite that will orbit the moon and broadcast a video feed.

DOGE-1 Mission on SpaceX is nearing a launch. (Dogecoin)

Videos

GROK Token Interest Climbs; Former FTX Execs Will Reportedly Start New Crypto Exchange

"CoinDesk Daily" host Jennifer Sanasie breaks down the hottest crypto headlines today, including the interest behind a token inspired by Grok AI, an artificial intelligence service by Elon Musk-owned social app X. The Wall Street Journal reports a new crypto exchange will be launched by former FTX executives. And, court documents show Genesis has agreed to settle $1 billion in claims by defunct hedge fund Three Arrows Capital. CoinDesk and Genesis are both owned by DCG.

CoinDesk placeholder image

Markets

Crypto Traders Are Earning 165% Yields by Staking a Token Named After Elon Musk’s Pet

Developers are trying to capture a piece of the global asset tokenization market as part of a new product in the Floki ecosystem.

Shiba Inu Doge dog (Getty Images)

Videos

Elon Musk's AI Company Debuts ChatGPT Rival 'Grok;' XRP Rallies 10%

"CoinDesk Daily" host Jennifer Sanasie breaks down the hottest crypto headlines today, including Elon Musk’s new AI company, xAI revealing a new AI bot to rival ChatGPT. There are new developments in crypto exchange FTX's bankruptcy saga. And, a closer look at what is driving XRP's price 10% higher in the last 24-hours as bitcoin (BTC) holds firm above $35,000 on Monday.

Recent Videos

Markets

GROK Tokens, Inspired by Elon Musk’s ChatGPT Rival, Pop up on Blockchains

While unrelated to the actual Grok service, the inspired tokens are quickly gaining a following among low-cap traders.

(Steve Jurvetson/Wikimedia Commons)