Elon Musk

Worldwide scandal! Elon Musk is sued for manipulating the price of Dogecoin (DOGE)

Worldwide scandal! Elon Musk is sued for manipulating the price of dogecoin (DOGE)

Elon Musk, the renowned entrepreneur, is once again under scrutiny as he faces fresh accusations of insider trading in a ...

Crypto Community Stunned as Binance's CZ Unfollows Elon Musk on Twitter

Crypto Community Stunned as Binance’s CZ Unfollows Elon Musk on Twitter

Changpeng Zhao (CZ), the CEO of Binance, has made a subtle move on Twitter by unfollowing Elon Musk, the CEO ...

Elon Musk's New Found NFT Love "Milady" Floor Price Pumps After Tweet

Elon Musk’s New Found NFT Love “Milady” Floor Price Pumps After Tweet

Following a tweet from Tesla CEO and SpaceX founder Elon Musk, the floor price of Milady non-fungible tokens (NFT) spiked ...

dogecoin

What’s behind Elon Musk’s decision to change the Twitter logo to DOGE?

The owner of Twitter and renowned tech billionaire, Elon Musk changed the traditional logo of Twitter to that of the ...

Twitter to introduce payments across the platform. Will cryptocurrencies be integrated?

Twitter to introduce payments across the platform. Will cryptocurrencies be integrated?

Microblogging site, Twitter is gearing up to push the social media platform into the payments space. Reportedly, Elon Musk, Tesla ...

DOGE Touches the 10 Cents Mark Amid Twitter Payment Speculation. What is Next for the Meme Coin?

Dogecoin (DOGE) Touches the 10 Cents Mark. What is Next for the Meme Coin?

The last week’s gains of the popular meme coin, Dogecoin (DOGE) can be linked to Thanksgiving celebrations within the US. ...

A Memecoin Based on Elon Musk and Halloween is launched

A Memecoin Based on Elon Musk and Halloween is launched

As it is the end of October, Halloween-themed cryptocurrencies are rapidly taking over Twitter. These are available for purchase as ...

Over the course of the last 24 hours, the popular meme coin, Dogecoin, has experienced a major increase of 16%. This was mainly due to the Twitter deal with Elon Musk. However, the $44 billion deal would be closed on Friday this week. It is worth mentioning that Musk has been the biggest supporter of Dogecoin throughout the past couple of years. On the other hand, many of Musk’s statements have even paved the way for the fluctuations in the coin’s price as well. At the time of writing, Dogecoin is trading for a little over 7 cents. In the previous six weeks, the coin traded below the 6 cents mark. Almost a year ago, Dogecoin traded at over 30 cents. It is speculated that Twitter could implement a crypto payments system following Musk’s closure of the deal. Musk even plans on introducing a new revenue model for Twitter that might include the introduction of payments via Dogecoin, price cuts, as well as authentication checkmarks for the blue subscription service. Dogecoin Experiences a Decent Increase It is pretty much evident that the relationship between Musk and Dogecoin has paid greater dividends to the coin keeping in mind the increase in its price right after Musk visited Twitter’s headquarters. It is believed that Musk would complete the deal this week, as he recently tweeted while entering the social media platform headquarters. Nonetheless, the Twitter deal took several major turns. Previously, Musk purchased a significantly large stake in the company and later on expressed his intention of purchasing Twitter. When the platform refused to provide the required data, Musk decided to back off. Twitter retaliated by launching a lawsuit, inevitably making the billionaire interested again. As per the reports from the last month, Musk stated that he was ready to buy Twitter before the end of November. Just late last night, Musk posted a video carrying a sink around Twitter’s HQ. the video was captioned ‘let that sink in!’. Soon after this video was posted, the price of Dogecoin exploded and experienced a considerable increase. This is pretty much understandable considering how the price of the meme coins changes every time Musk does something big. Nonetheless, Dogecoin soared by over 20% over the course of a few hours to $0.08.

Dogecoin Soars as Elon Musk Nears Acquisition of Twitter

Over the course of the last 24 hours, the popular meme coin, Dogecoin, has experienced a major increase of 16%. ...

bitcoin

Tesla Continues to Hold $218M in Bitcoin

Despite several challenges in the crypto market along with the unstable Twitter deal, Tesla remains one of the largest Bitcoin-holding ...

The Twitter deal was supposed to be joined in March by Sam Bankman-Fried

The Twitter Deal was Supposed to be Joined in March by Sam Bankman-Fried

According to a series of text messages that were revealed, Sam Bankman-Fried’s guru told Elon Musk that he might be ...