Tag Archives: dogecoin

Elon Musk is now offering 1 million DOGE as a reward to anyone who can locate the whereabouts of the mine and provide proof of its existence. To set the record straight, a designer at Dogecoin, who goes by the Twitter handle ‘DogeDesigner,’ offered 69,420 DOGE to any media outlet that can prove the existence of the mine in question. Musk, then, went on to up the value to 1 million DOGE. Shortly after, the memecoin went up by almost 8% at one point. The rumors about Musk’s...

With DOGE buyers out of steam, the price fell and is now approaching the key support. Key Support levels: $0.07 Key Resistance levels: $0.11 After a significant spike in the price, bulls failed to run it higher, and it lost 20% of its valuation in the last three days. This puts DOGE on a clear path to retest the key support at 7 cents. If it holds, buyers could attempt to reverse the current bearish momentum. The resistance continues to hold strong at 11 cents. Chart by...

If some angry investors had it their way, the world’s most successful tech startup founder and CEO would meanwhile lose his fortune. The cohort of people bringing “Johnson v Musk et al” in U.S. federal court, Southern District of New York, are suing him for $258 billion. Elon Musk’s attorneys wrote in a memo to the court: “The Complaint is a fanciful work of fiction that fails to state any actionable claim against Defendants Elon Musk and Tesla and must be dismissed in its...

The speculations about whether Elon Musk purposefully inflated Dogecoin’s price by changing Twitter’s logo so that he can dispose of his holdings continue on social media. According to data from Lookonchain, two of the five largest DOGE whales sold over $120 million worth of the memecoin amid its massive price rally this week. Twitter’s new owner is known as a keen proponent of the original memecoin, having pushed its price higher numerous times in the past through various...

After Twitter changed its logo to Dogecoin’s, the price spiked 36%, but it still remains under a key resistance. Key Support levels: $0.07 Key Resistance levels: $0.11 Elon Musk did not disappoint and kept his promise to change the logo of Twitter should he acquire it. Doge rallied hard on this news, but not as much as expected, with the price yet to break the resistance at 11 cents. Elon will have to do more for that. The key support is at 7 cents. Chart by...

Mark Yusko – the CIO of Morgan Creek Capital Management LLC – recently stated in an interview that he doesn’t understand Dogecoin, nor does he think it has any real utility or use case. In other words, it’s a completely valueless currency. Mark Yusko Doesn’t Think Much of Dogecoin Yusko has long been an outspoken critic of Dogecoin and several other forms of digital currency. Dogecoin is a meme-based currency that was created in 2013 by computer programmer Jackson...

Twitter’s main logo abruptly changed on Monday into a picture of the infamous “Doge” meme – a Dogecoin (DOGE) predictably pumped as a result.  The cryptocurrency is up 25% in the past hour, now trading for $0.1.  Elon Pumps Doge (Again) When logging into Twitter, the bluebird that once appeared on Twitter’s loading page has now been replaced by an icon of Doge. Meanwhile, the similar icon used to return to one’s homepage Twitter feed in the upper left corner of the desktop...

In the appeal to Supreme Court, crypto exchange Coinbase is willing to send the two lawsuits – Bielski v. Coinbase and Suski v. Coinbase – into arbitration. On Tuesday, March 21, the US Supreme court is all set to hear its first-ever crypto case in history. Nine chief justices will hear the plea from lawyers representing crypto exchange Coinbase asking to pause a pair of class-action lawsuits against the crypto trading platform. However, this case is not quite on the technicalities or the...

The price of Dogecoin has gone up again in recent weeks thanks to newfound assistance from Elon Musk, the South African billionaire and CEO of companies like Tesla, SpaceX, and now Twitter. Elon Musk Helps Dogecoin Rise Again In a recent social media post, Musk published a picture of his little dog Floki of the Shiba Inu breed (a Shiba Inu has long been the Doge mascot). The words accompanying the picture were rather sarcastic and likely weren’t meant to be taken...

Blockchain security firm, Halborn has detected several critical and exploitable vulnerabilities impacting more than 280 networks, including Litecoin (LTC) and Zcash (ZEC). Code-named “Rab13s,” this vulnerability has put over $25 billion of digital assets at risk. This was first detected in the Dogecoin network a year ago, which was then fixed by the team behind the premier memecoin. 51% Attacks and Other Issues According to the official blog post, Holborn researchers...