Elon Musk and Dogecoin had no relationship until recently. The Tesla/Paypal/SpaceX mogul tweeted about this lesser-known cryptocurrency coin, which caused values to skyrocket overnight. This testifies to how volatile cryptocurrency is in general. This could be evidence for people who don’t trust virtual coins as a safe investment opportunity. However, it could also produce … [Read more...] about Elon Musk Dogecoin: How a Billionaire Trumped a Crypto Market
The price of Bitcoin as measured in USD has gone up dramatically today as it was announced in Tesla's (TSLA) SEC 10-K filing that the company purchased $1.5 billion worth of Bitcoin. Even better? The company announced that it expects to begin accepting payment for its electric vehicles in Bitcoin in the future. Per the announcement in the filing: In January 2021, we updated … [Read more...] about Yes, Tesla Did Just Buy $1.5 Billion of Bitcoin
Dogecoin, the meme-based cryptocurrency that has no apparent utility outside being the central figure in a long-running and very popular meme, has been mentioned more on Twitter over the past 24 hours than any other cryptocurrency. But that's not all - that volume of mentions was actually the most mentions for any cryptocurrency EVER on Twitter. That includes Bitcoin and Ether, … [Read more...] about Dogecoin Pumps – Moon Next?