Tesla CEO Elon Musk and Shark Tank star Mark Cuban see dogecoin as the "strongest" cryptocurrency when it comes to using it as a means of payment. Tesla founder Elon Musk says the company will most likely resume accepting bitcoin as payment for vehicles. ... While its rival cryptocurrency ether surged 11.6% to $1,993.36. ELON Musk's latest Dogecoin theory has triggered cryptocurrency prices to surge as part of a $200billion crypto rally.
Significant price fluctuations are common in the famously volatile cryptocurrency market, but there's a curious trend emerging over the last year or so: whenever Tesla and SpaceX CEO Elon Musk Bitcoin BTCUSD, +0.38%, which had dipped below the $30,000 level on Tuesday to trade at a one-month low, was up 6.4% at $31,696.39 on Wednesday after Musk spoke, while ethereum ETHUSD, -0.17% rose
Tesla CEO Elon Musk says there is no crisis that compels hasty cryptocurrency regulation. He agrees with Coinbase CEO Brian Armstrong that the U.S. Cryptocurrency has an Elon Musk problem: In a supposedly decentralized industry meant to be impervious to any single party's influence, market prices seem to soar or plunge based on the force of
Elon Musk, the CEO of Tesla and SpaceX, has been a key proponent in the latest surge of interest in dogecoin, according to analysts, as he consistently tweets about the cryptocurrency. Bitcoin's price fell Friday morning after Elon Musk posted a tweet suggesting he's fallen out of love with the world's top cryptocurrency. Musk went on to say, "The most ironic and entertaining outcome would be that the cryptocurrency that was started as a joke to make fun of cryptocurrencies ends up being the leading cryptocurrency."
American surfing icon Kelly Slater has blasted Elon Musk after the billionaire Tesla owner rocked the cryptocurrency market last week.
The crypto coin's name was based off a Musk tweet where he said, 'If there's ever a scandal about me, *please* call it Elongate' Credit: Reuters Unlike Dogecoin, which is inflationary in nature, Elongate Coin is deflationary, meaning no new coins can be mined after the limit is reached, meaning if the coin becomes popular it has a lot of potential to rise up in price. Tesla founder Elon Musk is one of the loudest voices in the cryptocurrency world.