Elon Musk’s tweet Tesla CEO, Elon Musk, continues to keep Dogecoin (DOGE) relevant through his latest announcement. On Friday, January 14, Musk tweeted “Tesla merch buyable with Dogecoin”. Following his tweet, DOGE saw a 10% increase in price. Only select items are available for purchase with DOGE, like the Giga Texas Belt Buckle or the Cyberwhistle. This isn’t his first time tweeting about the meme coin; he has announced SpaceX missions to be funded entirely by DOGE. He even has a pet Shiba Inu named Floki, which caused a stir on Twitter, and responded to a tweet about how he could be the world’s first trillionaire by saying “*In Dogecoin”.…
Elon Musk trolls SEC… again
A week after saying he thinks it ‘would be great’ if he were investigated for his Dogecoin tweets, Tesla’s chairman posted a meme taking credit for shoring up DOGE’s price
Elon Musk seems serious about angering the SEC with his memes. Despite the rumors about the regulators investigating his Dogecoin-promoting tweets, he posted another relevant meme on March 1, claiming that his memes have protected DOGE’s price.
Is Bitcoin endangering the ‘green’ credentials of companies like Tesla?
Climate-conscious governments and activists are waking up to the fact that BTC is a power-hungry cryptocurrency, which could come back to bite the institutions whose investments are powering its price boom
BCA Research’s chief global strategist, Peter Berezin, predicted that Bitcoin’s Achilles heel will begin to scare off corporate investors off and cause governments to erect more obstacles to it success. The first to flee will be environmental, social, and governance-focused funds he said, adding that they will shun companies involved with Bitcoin, not just the cryptocurrency itself.
Elon Musk: Tesla holding Bitcoin is ‘less dumb’ than holding cash
The tech mogul comes off as decidedly unenthusiastic about Bitcoin, which he also called ‘almost as bs as fiat money.’
Musk was defending the recent $1.5 billion Bitcoin investment of his electric car manufacturing firm Tesla, which he said “is adventurous enough for an S&P500 company.” Furthermore, he added that “Tesla’s action is not directly reflective” of his opinion.