Category: Elon Musk

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You Musk be joking: Is Elon just messing with us over DOGE?

Is Elon Musk just trolling the cryptocurrency community with his support of Dogecoin? Elon Musk, the billionaire founder of Tesla and SpaceX, has touted the revolutionary impact of cryptocurrencies – while seemingly poking fun at the concept in the same breath. In a video that was uploaded by Kevin Svenson, Musk can be heard saying,…
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Twitter, GameStop… enough! The world needs true decentralization

With Web 3.0, users will not only own their data, but they will also be able to own and govern the platform their data is generated from. GameStop and Twitter are both a mirage and an iceberg — but don’t try tweeting that. Not because you won’t own the tweet (because you won’t), but because…
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GameStop saga reveals legacy finance is rigged, and DeFi is the answer

Traditional finance is a relic, and the GameStop saga is nothing but a prelude for what’s to come: the real decentralization of money. Earlier this week, Elon Musk made history when he placed his full support behind Bitcoin (BTC) during a Clubhouse stream. When discussing Bitcoin and the GameStop debacle with Robinhood CEO Vlad Tenev,…
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Robinhood reportedly shelves IPO plans in wake of GameStop PR disaster

An IPO is reportedly off the cards for now as Robinhood continues to deal with the fallout from the GameStop saga, and the resultant plunge in public confidence. Trading app Robinhood may have put its plans for an initial public offering on hold after public opinion turned against the company in the wake of its…
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Robinhood CEO to reportedly testify before US House committee over GameStop

Regulators want to know the details of the GameStop short squeeze. Robinhood CEO Vlad Tenev will reportedly testify before the United States House Financial Services Committee over the firm’s role in the volatile trading of GameStop and other volatile stocks. According to a report by the American political publication Politico, Tenev is expected to participate…
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Elon Musk, Bitcoin and the Reddit raiders: 6 things to watch for BTC price this week

A casual vote of confidence from the world’s richest man excites pundits but fails to produce a BTC price pump — could that be about to change? Bitcoin (BTC) starts a new week with $30,000 intact and a message of support from the world’s richest man — what can we expect next? As trading resumes…
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BTC billionaire Tim Draper to Elon Musk: I’d buy the Tesla Cybertruck with Bitcoin

Tim Draper, the billionaire Bitcoin investor who is also an early investor in Tesla, reacted to Elon Musk’s Bitcoin moment. Tim Draper, the billionaire Bitcoin (BTC) investor who also invested early in Tesla, reacted to the company’s CEO and world’s richest man, Elon Musk, adding #Bitcoin to his Twitter bio to join the likes of…
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Reddit co-founder hoists the Bitcoin flag on Twitter amid price surge

Alexis Ohanian is the latest social media and tech personality to update his Twitter bio to read “#Bitcoin.” Reddit co-founder Alexis Ohanian has joined Twitter CEO Jack Dorsey and Tesla CEO Elon Musk in updating their Twitter bios to “#Bitcoin.” Ohanian’s bio update seemed to be in response to a tweet by tech entrepreneur and…
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Elon Musk adds Bitcoin to Twitter bio with 43.7M followers

Some of Musk’s 43 million followers might have noticed, after Bitcoin rallied nearly 14% in the 30 minutes following his bio update. When the richest man in the world Elon Musk updated his Twitter bio on Jan. 29 — simply adding the word ‘Bitcoin’ — it was followed by a near-immediate 13% increase to the…
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Bitcoin soars by $5K in minutes — BTC hits $38K after Elon Musk’s ‘Dogecoin treatment’

BTC/USD was already tipped to gain from the knock-on effect of both Musk and crazy stock trading this week, but so far has only reached $38,000. Bitcoin (BTC) surged by over $5,000 in minutes on Jan. 29 after the world’s richest man added its symbol to his Twitter page. BTC/USD 1-hour candle chart. Source: Tradingview…
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