Bitcoin elon musk daily mail

Com and Reuters. The value of Bitcoin and Ether both dropped again on Sunday, despite influential Tesla mogul Elon Musk again indicating his support for cryptocurrency. Bitcoin, the world's largest and best-known cryptocurrency, dipped And Ether, the coin linked to the ethereum blockchain network, dropped



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WATCH RELATED VIDEO: Tesla drops Bitcoin: Analysts react to Elon Musk's 'gut punch' about-face

Dogecoin soars 16% as Elon Musk decrees himself The Dogefather


By Emily Crane For Dailymail. Elon Musk says he has bought Dogecoin for his son after relentlessly tweeting about the cryptocurrency for days and boosting its value to an all-time high. The value of Dogecoin, which was created based on a popular dog meme, has surged percent in the last week alone, according to CoinMarketCap data.

Musk first started tweeting about Dogecoin on February 4 and the cryptocurrency's price has been surging ever since, sparking concern over the billionaire's ability to move markets. Hodl is a phrase used in the context of cryptocurrency to refer to buy-and-hold strategies.

It is not clear how much cryptocurrency Musk purchased, or when he bought it. Musk has been tweeting relentlessly about Dogecoin since February 4, which was subsequently followed by endorsements from rapper Snoop Dogg and Kiss rocker Gene Simmons. His tweets last week included a picture of a rocket soaring past the moon with the caption 'Doge' and an image from the Lion King that showed himself holding up the dog from the doge meme.

Late on Sunday, in a fresh endorsement for the cryptocurrency, Musk tweeted: 'Who let the Doge Out' - mimicking lines from the Baha Men's song. Following the attention from Snoop and Simmons, Musk tweeted an image of the trio in which they had been superimposed on a scene from the Lion King. Dogecoin has the same technical underpinning as better-known cyrptocurrencies such as Bitcoin, but is little used and had long traded for less than one cent.

It was created in and based on a then-popular internet meme of a Shiba Inu dog. Musk has previously drawn sanctions for the Securities and Exchange Commission for his tweets about Tesla, where he is CEO and a major shareholder. He settled with the SEC over the complaints, which were spurred by a tweet musing about taking the company private and another sharing production projections.

Publicly traded companies are regulated in how they provide forward-looking statements, in order to ensure investors have equal access to news that can move share prices significantly.

Cryptocurrencies are not regulated in the same way and Musk's tweets about dogecoin are unlikely to be a violation of any law or regulation, regardless of whether he owns the cryptocurrency. Still, his ability to move markets at ease with his tweets has drawn both admiration and concern from observers. Carter warned that people will lose money because Dogecoin is a 'vehicle for speculation'.

Musk, who is a well-known supporter of bitcoin, had days earlier briefly changed the bio of his Twitter account, which has 46 million followers, to say ' bitcoin'. He said a week ago that bitcoin was 'on the verge' of being more widely accepted among investors and in December asked if it was possible to do large transactions in the currency.

The billionaire has since taken the tag off. Musk added that he was 'a little slow on the uptake' and should have bought it years ago. He later tweeted, 'Dogecoin is the people's crypto. Don't have any crypto holdings. Musk in response says it was not true and "a friend sent me part of a BTC a few years, but I don't know where it is. The views expressed in the contents above are those of our users and do not necessarily reflect the views of MailOnline.

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IT Major who made bot tracking Musk’s private jet asks for an internship

Are you wondering if the markets will still grow? Is it even worthwhile to start investing? These questions may have crossed your mind over the last year. To get a deeper perspective on the future of crypto investing, we need to look back before we can look forward. Bitcoin is not an outlier.

Last month, Elon Musk tweeted that Tesla would no longer accept Bitcoin for purchases because of climate concerns.

McDonald's Introduces New 'Land, Air & Sea' Burger In Latest 'menu Hack'; Netizens React

By Emily Crane For Dailymail. Elon Musk says he has bought Dogecoin for his son after relentlessly tweeting about the cryptocurrency for days and boosting its value to an all-time high. The value of Dogecoin, which was created based on a popular dog meme, has surged percent in the last week alone, according to CoinMarketCap data. Musk first started tweeting about Dogecoin on February 4 and the cryptocurrency's price has been surging ever since, sparking concern over the billionaire's ability to move markets. Hodl is a phrase used in the context of cryptocurrency to refer to buy-and-hold strategies. It is not clear how much cryptocurrency Musk purchased, or when he bought it. Musk has been tweeting relentlessly about Dogecoin since February 4, which was subsequently followed by endorsements from rapper Snoop Dogg and Kiss rocker Gene Simmons. His tweets last week included a picture of a rocket soaring past the moon with the caption 'Doge' and an image from the Lion King that showed himself holding up the dog from the doge meme.


Tesla will start accepting bitcoin payments for its cars and other products

bitcoin elon musk daily mail

Hackers have raised hundreds of thousands of dollars by posing as Elon Musk on Twitter in order to trick people into sending them bitcoin. Several verified Twitter accounts, including those belonging to UK retailer Matalan and US publisher Pantheon Books, were taken over and used to impersonate the high-profile entrepreneur. Once hijacked, the hackers changed the accounts' names and profile pictures to those of Mr Musk, before sharing a tweet calling for people to send him cryptocurrency. To verify your [bitcoin] address, send from 0. Their transactions totalled

By Chris Ciaccia For Dailymail. Com and Ryan Morrison For Mailonline.

Which Countries Use Cryptocurrency Most?

Celebs TV. Funeral Notices Horoscopes Offers Newsletter signup. In Your Area. Got A Story? World's biggest billionaire climate scroungers speeding up global heating.


Elon Musk says Tesla will eventually allow car buyers to pay in Bitcoin again

By Alex Brummer for the Daily Mail. Bernie Madoff, who died in an American jail in April, is regarded as the high priest of modern Ponzi schemes. He paid those who entrusted their money to his asset management firm a 1 per cent income every month come rain or shine, and offered a money-back guarantee, plus capital returns, on demand. Fools gold: Unlike, say, investment in shares and bonds, bitcoin makes no contribution to the greater economic or public good. When the financial crisis scared investors to death and many demanded their money back at the same time, he was exposed as a rogue. An aura of respectability provided by its adoption by the Central American republic of El Salvador as an official currency and backing from Elon Musk failed to convince me of its durability.

Cryptocurrencies like bitcoin, dogecoin, and ethereum are being used to Before Tesla CEO Elon Musk ended a short stint accepting Bitcoin.

Business Tech

By James Gordon For Dailymail. International hacking collective Anonymous say they plan to target Elon Musk for sending the price of cryptocurrencies plunging with his tweets. In the video, the group claims that the Tesla CEO wields too much power over the cryptocurrency markets and they are tired with the way he appears to be so cavalier in his attitude towards them.


Elon Musk extends lead as world’s richest man as Tesla’s value scales $ 1 trillion

Reese Witherspoon is being mocked on Twitter for an 'embarrassing' tweet insisting that 'parallel digital identities' will soon be ubiquitous — and everyone will be using cryptocurrency. On Tuesday, the year-old Oscar winner tweeted: 'In the near future, every person will have a parallel digital identity. Avatars, crypto wallets, digital goods will be the norm. Are you planning for this? Reese's tweet was quickly met with jokes, criticism, and otherwise derisive comments from fans who insist she either doesn't know what she is talking about or wasn't writing her tweets herself.

He later said the electric car maker would not accept bitcoin due to concerns over how mining the currency requires high energy use and contributes to climate change. The CEO tweeted on Sunday night that Tesla will start taking bitcoin payments for cars when miners can ensure 'reasonable clean energy usage'.

It made Tesla more valuable than the next ten largest global carmakers combined, the report said. Musk owns a 17 per cent stake in the transport group, whose shares rocketed per cent in as tech companies took Wall Street indexes by storm and sent the Nasdaq spiralling to record highs. He has also become a key advocate of cryptocurrencies — frequently plugging bitcoin and dogecoin in particular. His influence was demonstrated earlier this week when he stated on Twitter that he did not have any holdings in Shiba Inu, which is a fast-growing cryptocurrency. The value of Shiba Inu plummeted 15 per cent shortly after, the report said.

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