Tesla and Spacex CEO Elon Musk has clarified his position on bitcoin. Emphasizing that he is an engineer, not an investor, Musk says that bitcoin “is simply a less dumb form of liquidity than cash.” Musk also disputed gold bug Peter Schiff’s claims about bitcoin and commented on the price …
Read More »Elon Musk: 'Only a fool' wouldn't seek non-fiat investments
With real interest rates trending negative, Tesla’s CEO Elon Musk believes “only a fool” would ignore alternative investment opportunities. Source link
Read More »Elon Musk Is Willing to Pay Cash for Dogecoin Decentralization
Elon Musk, the CEO of Tesla, has a DOGE offer for Dogecoin whales: Liquidate and Get Cash. In a tweet on Feb 15, the tech personality is alluding to a concentration problem in his favorite cryptocurrency. Does DOGE have a Centralization Problem? The Scrypt-powered coin is popular, riding on Elon’s …
Read More »Elon Musk Could Face SEC Investigation Over Tesla’s Bitcoin Buy, Lawyers Warn
The U.S. Securities and Exchange Commission (SEC) could investigate Elon Musk over Tesla’s $1.5 billion bitcoin purchase, some legal experts have warned, including a former SEC enforcement officer. Given the timing of Tesla’s bitcoin purchase and Musk’s multiple tweets on the subject, some say that the SEC will look into …
Read More »Bitcoin Posts Comeback Rally on Elon Musk Comment; Analyst Sees ATH
Bitcoin prices raced towards $35,000 as European investors woke up to Elon Musk’s latest cryptocurrency endorsement. The BTC/USD exchange rate rose as much as 4.8 percent during the Asian and early European session to hit an intraday high of $34,728. That followed a 2.63 percent jump last week that closed …
Read More »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? Source link
Read More »Bitcoin Bears Erase the “Elon Musk” Candle as Sellers Take Control
Bitcoin has witnessed some massive selling pressure throughout the past day that has erased all the gains that came about as a result of the “Elon Musk” pump a few days ago The selling pressure seen has come from a combination of spot and derivatives, with investors generally going risk-off …
Read More »GameStop mayhem, Robinhood scandal, Musk tweets, DOGE explodes: Hodler’s Digest, Jan. 24–30
The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — one week on Cointelegraph in one link! Source link
Read More »Whales And Miners Face Off Against Elon Musk Bitcoin FOMO, Robinhood Retail
Over the last few days, whales and miners have been depositing the largest amount of Bitcoin this year, yet despite all the selling, price is soaring. The reason? Elon Musk has changed his Twitter bio to include the cryptocurrency’s hashtag and it has ignited a flood of FOMO from retail …
Read More »Bitcoin Price Shoots Past $38,000 on Elon Musk’s Endorsement
Elon Musk has changed its Twitter bio to one word: Bitcoin. The billionaire entrepreneur, whose opinion of the benchmark cryptocurrency has juggled between skepticism and praise, appeared to have taken a definite stance about it. In a tweet that followed shortly after the bio update, Mr. Musk said that “in …
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