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Prominent investor and owner of Twitter, Elon Musk, has corroborated claims that he plans to introduce a Twitter payment system which he tags as Twitter 2.0, “The Everything App,” causing a momentary 19.4% increase in the value of the meme coin DOGE. The new chair of the social
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Doge had seen more than a 200% increase in its market value since the wrap-up of the Musk-Twitter deal, fueled by speculations that the platform would be modified in favour of the digital currency. Social networking protocol Twitter has put a pause on its outline to develop a digital currency
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Following the Ethereum merge and the transition of the network to a proof-of-stake consensus mechanism, Dogecoin has now become the second-largest proof-of-work coin after Bitcoin based on market capitalization. Launched as a Joke in 2013, Dogecoin is the 10th largest crypto coin, with a market capitalization of $7.95 billion.
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Twitter is set to become a privately held company as the social media giant has accepted the $54.2 per share buy offer from Elon Musk, the CEO of Tesla. According to a recent press release, as soon as the transactions are complete, Twitter will be valued at $44 billion
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Shortly after the CEO of Tesla, Elon Musk tweeted that he will not be selling his crypto HODLings, the price of Dogecoin jumped by a whopping 10% during the Asian trading hours. At 4:10 am UTC, the memecoin traded at $0.111. However, when Musk tweeted at 4:10
Bitcoin
08 February, 2021 - A recent filing with the United States Securities and Exchange Commission (SEC) indicates that Tesla has bought $1.5 billion worth of bitcoin (BTC). According to an official announcement by Tesla, the company says it has purchased bitcoin for "more flexibility to further diversify and
Bitcoin
The year 2020 started very eventful in the cryptocurrency space with investors and traders very enthusiastic to see what the year holds in terms of price and development of the industry. Here, we take a look at four (4) major stories that created a buzz in January 2021. Bitcoin Set
Bitcoin
Elon Musk - the current world's richest man and founder of Tesla has again strengthened his crypto roots, saying he would never turn down an opportunity of being paid in Bitcoin (BTC). While responding to a tweet by Ben Mezrich - writer of the movie The Social Network