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.


Web3

Elon Musk Tweets a Milady NFT, Floor Price Soars on OpenSea

The Twitter CEO shared a gif of the counterculture NFT declaring, “There is no meme, I love you,” shooting the collection to the top trending spot on the marketplace.

Milady 8835 last sold for 0.35 ETH (about $1,000) on OpenSea. (Remilia, modified by CoinDesk)

Web3

Twitter Ends Legacy Blue Checks and Bluesky Emerges as a Decentralized Alternative

Twitter, a social network that once connected journalists, trusted public figures and Web3 natives, dropped its legacy verification program last week, leading some users to look for alternatives.

(James O'Neil/Getty Images)

Finance

Tesla Made No Changes to Bitcoin Holdings in First Quarter

The valuation of bitcoin held on its balance sheet remained flat from the previous quarter at $184 million.

Tesla has previously written down crypto holdings in accounting rules the industry says need an overhaul. (Justin Sullivan/Getty Images)

Videos

Dogecoin Surges Amid Elon Musk’s Starship Launch Attempt

Dogecoin is on the rise following Elon Musk's tweet about his starship launch attempt. Those market updates and other news shaping the cryptocurrency world in this episode of "The Daily Forkast."

Recent Videos

Consensus Magazine

Thank Elon for Making the Use Case for Twitter Competitor Nostr

Crypto thrives online where bitcoin maxis can find – and maybe feud with – each other. But since Twitter went private, crypto advocates are seeing the value of censorship-resistant social media. That’s why Nostr is one of CoinDesk’s 2023 Projects to Watch.

Projects To Watch 2023: Nostr

Opinion

Web2’s Lesson for AI: Decentralize to Protect Humanity

In order to prevent the potentially destructive impact of AI on humanity, we need open-source innovation and collective governance that is possible through blockchain protocols and Web3, rather than the monopoly defaulting structure of Web2, according to Michael Casey, CoinDesk's chief content officer.

(iStockphoto/Getty Images)

Finance

Elon Musk Tweet Spurs 7% Aptos Price Surge

APT quickly retraced the entire move after Musk deleted a tweet saying, "AI APT OTT!"

APT price movement (Cryptowatch)

Videos

EToro to Provide Crypto Trading Services Directly to Twitter Users

eToro is set to offer trading services of crypto and other assets direct to Twitter users via a new partnership with the social media company, the firm announced Thursday. "The Hash" panel discusses Elon Musk and Twitter's latest experiment.

Recent Videos

Finance

Dogecoin Surges 5.8% as Traders Anticipate Elon Musk's Next Move

Dogecoin is beginning to retrace this week's slump after hype waned following Twitter's logo change.

A shiba inu the inspiration behind Dogecoin. (Minh Pham/Unsplash)

Markets

Dogecoin Drops After Elon Musk's Twitter Stops Using Its Dog Logo

DOGE surged on April 3 after Elon Musk's social-media company inexplicably removed its blue bird logo, replacing it with dogecoin's mascot.

Dogecoin is surging after Twitter changed its logo to the Shiba Inu image that's a symbol of DOGE. (Twitter)