Investing in a meme coin like Dogecoin is like putting your funds on red or black in a casino, said the popular investor – Kevin O’Leary. He went even further in a recent interview, indicating that it has no inherent value and should be classified as pure speculation. O’Leary: Dogecoin is Pure Speculation The meme token, which saw its birth in 2013, blossomed in popularity in 2021 as it received frequent social media engagements from Elon Musk at first and other celebrities...
Read More »Elon Musk Refers to Dogecoin as “Money” on Twitter
Elon Musk has always been there to push Dogecoin, and this week was no exception. The South African entrepreneur behind billion-dollar companies such as SpaceX and Tesla tweeted that “Dogecoin is money,” and he wants everyone to take the asset seriously. Elon Musk Is Pushing Dogecoin Again Dogecoin is one of the most talked about cryptocurrencies in existence. First arriving on the monetary scene in approximately 2013, the currency initially began as a meme coin –...
Read More »Robinhood Plans to Dive Deeper into Crypto, According to CEO Vlad Tenev
Vlad Tenev – the Chief Executive Officer of Robinhood – revealed that the company is looking to provide its customers with more cryptocurrency services such as a digital wallet. However, he did not specify when the firm would implement the new offerings. Is Robinhood Expanding Its Crypto Scope? The American financial services company – Robinhood Markets Inc. – is reportedly planning to offer more cryptocurrency options to its nearly 18 million users. During a recent public...
Read More »Elon Musk on Dogecoin: Entertained if a Joke Will Become The Leading Cryptocurrency
Elon Musk has a funny theory about why Dogecoin (DOGE) might conquer the crypto space. In his panel discussion with Jack Dorsey and Cathie Wood at “The B Word” online event, Elon Musk expressed an amusing theory about Dogecoin as an aside. When asked about the meme coin’s prospects, Tesla’s Founder first explained the traditional theory of Occam’s razor: “The simplest explanation is the most likely explanation.” He then expressed one of his friend’s variants of that theory:...
Read More »Doge Co-Creator Jackson Palmer Has Apparently Lost His Love of Crypto
Jackson Palmer – the co-creator of popular meme currency Dogecoin – had some unflattering things to say about the industry he has called home for so many years. Palmer: Cryptocurrency Is “Inherently Right Wing” In a recent interview, Palmer claimed that the crypto space has largely become exactly like the financial industry it was designed to replace. He says it is controlled by a small group of wealthy elitists that have managed to weave their way in and implement...
Read More »Dogecoin Surges 10% as Elon Musk Puts Doge Eyes on Twitter
Elon Musk has seemingly not completely forgotten about Dogecoin, as some may have feared. DOGE spiked more than 10% after the billionaire updated his Twitter picture to show that he still supports the cryptocurrency. Musk’s New Twitter Picture Boosts DOGE Price Musk’s new profile picture is a head shot of him with DOGE reflections on his sunglasses, similar to that of Bitcoin’s Laser eyes meme which trended across Crypto Twitter in February. This single action from the...
Read More »Meme-Coins verlieren klar gegenüber Bitcoin
Der Markt stagniert. Bitcoin liegt aktuell gerade einmal bei 50% seines Allzeithochs. Dennoch: Im Vergleich zu den Meme-Coins (DOGE und SHIB) sind seriöse Cryptocoins, wie der BTC, die klar bessere Wahl. Bitcoin News: Meme-Coins verlieren klar gegenüber BitcoinZu Beginn des Jahres wurden vor allem Cryptocoins wie Dogecoin und Shiba Inu – auch als Meme-Coins oder Dog-Coins bezeichnet – gehypt. Elon Musk trug seinen Teil dazu bei, indem er Dogecoin immer wieder auf Twitter promotete....
Read More »Dogecoin Creator: Cryptocurrency is Like Taking The Worst Parts of Today’s Capitalist System
Despite his legendary status within Crypto Twitter, the creator of Dogecoin, Jackson Palmer, doesn’t tend to interact much with the community. He usually shows up, makes a statement, causes a stir, and disappears. Today, in one of his occasional rants, Palmer decided to talk about the degeneration of the crypto community and why he has not plans to get involved with cryptocurrencies ever again. The first reason seems to be the ethos behind the technology. Beyond the...
Read More »Study: Bitcoin and Dogecoin are the First Investment for 45% of Young Britons
Nearly half of the UK residents aged between 18 and 29 admitted that their first investment was in digital assets. However, more than 50% of the youngsters used debt to purchase cryptocurrencies. Crypto is Attractive for The Young Britons A recent poll conducted by Opinium for the investment platform Interactive Investor revealed that 45% of 18-29-year-olds in the UK dived into the crypto market as a first-time investment in their lives. Out of all digital assets, bitcoin is...
Read More »Israel Seized $7.7M in Bitcoin and Dogecoin Believed to be Controlled by Hamas Terrorist Organization
Israel’s National Bureau for Counter Terror Financing ordered the confiscation of 84 crypto addresses considered to be linked with the terrorist organization Hamas. The analysis showed that these digital wallets received more than $7.7 million in cryptocurrencies. Crypto Empowers Hamas Israel’s minister of defense – Benjamin Gantz – signed a seizure order of 84 cryptocurrency wallets that the officials linked to the Palestinian militant group – Hamas. According to...
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