Santa Floki On Christmas day, Elon Musk made a seemingly harmless tweet about his dog, Floki, wearing a Santa Claus costume. The CEO of Tesla and SpaceX generates social media buzz with nearly every tweet he makes. This tweet in particular caused some select individuals to make a lot of money. Santa Floki (HOHOHO) is one of the thousands of dog based meme tokens that float around the cryptocurrency community. The meme token has seen gains of over 5000% in a couple days, all because of an Elon Musk tweet. Musk was not referring to the Santa Floki token, but was literally making a Twitter post about his dog for…
U.S. election: How will Biden’s win affect Bitcoin?
Crypto experts say it doesn’t matter what the 77-year-old thinks about digital assets—instead, we should focus on who he appoints to key positions
he question now is where Biden’s ascension to the Oval Office leaves Bitcoin. Will the presumed Democratic president-elect adopt a less hostile attitude toward digital assets than Donald Trump, who publicly declared that he was “not a fan” of cryptocurrencies? And will his new administration pursue a central bank digital currency (CBDC) with greater urgency than the U.S. Treasury under Steven Mnuchin, who said a digital dollar wasn’t needed until 2025?
Breaking: Bitcoin shoots past $15K
With the broader markets encouraged by a presidential election coming to a calm close, Bitcoin rose more than $1,000 in a day
Bitcoin surged past $15,000 today, quickly breaking first $15,100 and then briefly $15,200 on a bull run that began below $14,000 on Nov. 4. The surge came as the U.S. waits for news of the presidential election, which is increasingly looking like Democrat Joe Biden will squeak out a narrow win over President Donald Trump, but that Republicans will maintain control of the Senate—a divided government that will likely mean a quick stimulus package and moderate tax increases.
Markets Report: Bitcoin batted away from $14,000 as Trump vs. Biden dawns
A testing week for macro markets begins with Bitcoin lurching towards $13,000, amid warnings of lower levels still
Bitcoin passed $14,000 for the first time since 2018 this weekend, with October seeing the second highest monthly close on record. The only narrative coming from America this week is the outcome of the presidential elections, which are rumored to already have produced record turnout.