Bitcoin hodler Elon Musk should sell $23B of Tesla stock, Twitter survey concludes
With just hours to go, the results of a survey Musk says he will “abide by” demand that he sell 10% of his TSLA holdings. Go to Source Powered by WPeMatico
Elon Musk
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‘Bitcoin Is Worth Zero’ — Kenyan Communication Strategist Warns African Investors to Be Wary
A Kenyan communications strategist, Mwotia Ciugu, has told African investors to be wary of investing in bitcoin which he claims is worth zero. Bitcoin Structurally Incapable of Delivering on Its Promise In an op-ed published by The Elephant, Ciugu insists bitcoin (BTC) is structurally incapable of delivering on its promise of becoming an alternative store … Read more
Elon Musk’s Warning About Government Spending and Unrealized Gains Tax Proposal Highlights Benefits of Bitcoin
A warning by Tesla and Spacex CEO Elon Musk about the mounting national debt in the U.S., government spending, and the proposal to tax unrealized capital gains has highlighted the benefits of cryptocurrencies, particularly bitcoin. Elon Musk Says ‘Spending Is the Real Problem’ Tesla CEO Elon Musk made several tweets about the U.S. national debt … Read more
Dogecoin jumps 44% in one day as traders rotate Shiba Inu profits into DOGE
The DOGE price rally appeared after Shiba Inu briefly flipped Dogecoin to become the ninth-largest cryptocurrency by market cap. Go to Source Powered by WPeMatico
Shiba Inu could surpass Dogecoin after a 700% SHIB price rally in October
In comparison, Dogecoin’s October gains so far came out to be a little over 8%. Go to Source Powered by WPeMatico
Tesla Informs SEC It May Restart Transacting in Cryptocurrencies
Elon Musk’s electric car company, Tesla, has informed the U.S. Securities and Exchange Commission (SEC) in a quarterly filing that it may restart the practice of transacting in cryptocurrencies for its products and services. Tesla suspended accepting bitcoin in May, citing environmental concerns. Tesla May Resume Accepting Bitcoin, SEC Filing Shows Tesla Inc. filed a … Read more
Elon Musk warns of ‘strong inflationary pressure’ as Tesla mulls Bitcoin payments
The world’s richest man, whose net worth hit a quarter of a trillion dollars this week, is also unsure whether inflation will ever calm down. Go to Source Powered by WPeMatico
Elon Musk Reveals Real Reason He Supports Dogecoin, Says Many People at Tesla and Spacex Own DOGE
Elon Musk has revealed the real reason he supports the meme cryptocurrency dogecoin. He shared that a lot of people he talks to at his companies, Tesla and Spacex, own dogecoin, noting that “it felt like the people’s crypto.” Lots of People Elon Musk Talks to at Spacex and Tesla Own Dogecoin Tesla and Spacex … Read more
Telsa hints it may soon resume support for crypto payments
Tesla believes cryptocurrencies could emerge as a “liquid alternative to cash” over the longer term. Go to Source Powered by WPeMatico
While Musk Mentions Doge Improvements, Dogecoin Developers Continue to Address Scaling Concerns
On Sunday, Elon Musk discussed his relationship with the Dogecoin Foundation and he mentioned a few improvements he’d like to see implemented via Dogecoin Core’s codebase. Meanwhile, Github metrics show developers have been working on Dogecoin Core during the last few months and it seems Dogecoin software engineers are prepping the network to address fees, … Read more