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Tag Archives: elon musk

Dogecoin Co-Founder Says 95% of Crypto Projects Are Scams, Elon Musk Reacts

Billy Markus, co-founder of the popular memecoin Dogecoin (DOGE), said the great majority of cryptocurrency projects in the industry are nothing but scams and garbage with no real value to offer. Markus: 95% of Crypto Projects are Scams In a recent tweet, the Dogecoin creator argued that 95% of cryptocurrencies are worthless as they have succeeded in destroying the reputation of the entire industry. According to Markus, top traditional financial players and most mainstream...

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Jeff Wyler Automotive Engages in First Car-for-Crypto Sale

If you’re in Ohio, Kentucky, or Indiana and you fancy purchasing an automobile with cryptocurrency, you may want to stop by the Jeff Wyler Automotive Family auto center. Recently, the company completed its first vehicular cryptocurrency sale, having sold a certified pre-owned 2021 Mercedes-Benz S580 to someone in Saudi Arabia. Jeff Wyler Automotive Sells a Mercedes for Crypto The news is solid in that it’s pushing the goals of cryptocurrency and bitcoin closer to being...

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Crypto Fan Elon Musk Has Purchased Twitter

Elon Musk – the South African billionaire and entrepreneur known for both Tesla and SpaceX – has purchased Twitter from Jack Dorsey. The irony of the situation is that one of the world’s biggest social media platforms is being sold by one of the largest crypto fans to one of the largest crypt fans. Elon Musk Is Now Twitter’s New Owner Elon Musk has sworn up and down that his ownership of Twitter will bring about a new level of free speech that many users have not been...

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Ice Cube Says He’s Down With the DOGE Army

Renowned American rapper and actor – O’Shea Jackson Sr. (better known as Ice Cube) – asserted that he is a supporter of the first-ever memecoin Dogecoin. Thus, he put his name next to the likes of Elon Musk, Roger Ver, Snoop Dogg, Gene Simmons, and more. Ice Cube Among the DOGE Proponents Despite being created as a joke in 2013, Dogecoin emerged as a leading digital asset with a market capitalization of over $17 billion. The token also attracted numerous celebrities who...

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Fidelity Allows BTC in 401k, BlackRock’s Blockchain ETF, Musk’s Twitter Saga: This Week’s Crypto Recap

The past seven days haven’t been particularly favorable for the cryptocurrency in terms of price action. Bitcoin dropped below $40K and is currently unable to reclaim the important psychological level, while many altcoins followed a similar, if not tougher, path. This time last week, BTC was trading at around $42,000, but this didn’t last long. The cryptocurrency began declining last Friday, and by Saturday, it was already trading below $40K. The beginning of the workweek...

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Decentralized Social Media Project BlueSky Says it Is Independent of Twitter

BlueSky, a project funded by Twitter to build a decentralized standard for social media, has stated that the company is not controlled by the company following Elon Musk’s purchase. BlueSky Operates Independent of Twitter In a tweet thread on April 25, BlueSky stated that although it was funded by Twitter, the social media platform does not hold any controlling stake in the platform. BlueSky also clarified that Twitter’s funding came with one condition, that the project...

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Elon Musk kauft Twitter und Crypto Twitter ist in aller Munde

Eigentlich galt Elon Musks Angebot an Twitter als primär politisch motiviert. Musk positionierte sich als Free Speech Aktivist, der Twitter übernehmen wolle, um den freien Austausch von Ideen wieder möglich zu machen. Kurz nachdem die Übernahme offiziell wurde, reagierte auch die Crypto Community euphorisch. Crypto News: Elon Musk kauft Twitter und Crypto Twitter ist in aller MundeUnter dem Begriff „Crypto Twitter (kurz: CT)“ zirkuliert gerade der Glaube an eine Chance für die Mass Adoption...

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Twitter Accepts Elon Musk’s $44B Buyout Offer 

The rumors were true: Twitter has accepted Tesla CEO Elon Musk’s $44 billion offer to take over and privatize the entire company. Twitter and Elon Strike the Deal According to the Wall Street Journal, Twitter worked through the night hashing out the deal, which polarized many over the ethics of such a hostile takeover of a social media giant. Initially, Twitter appeared to lean against the offer, with a major Saudi Arabian investor (and prince) rejecting Musk’s bid in...

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Crypto Mining Companies Strive to Utilize Renewable Energy

Several crypto mining firms are trying very hard to transition to renewable energy. Crypto Mining Energy Sources Are Still Points of Heavy Arguing The arguments surrounding crypto mining have been permeating the space for years. While there are some analysts and industry heads out there who claim the space is not as damaging to Earth’s atmosphere as one would think, there are many environmentalists who claim otherwise, no matter what’s thrown at them. It also doesn’t...

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Wikimedia Foundation Turns Its Back on Crypto Donations

The Wikimedia Foundation has voted to stop accepting payments or donations in cryptocurrency, a huge blow to the industry. Wikimedia Votes Against Future Crypto Payments Many of the world’s biggest crypto assets were initially designed to serve as payment methods that could potentially push things like checks, credit cards, and fiat currencies to the side. However, this has been a slow journey given how volatility they tend to be. Assets like bitcoin, Ethereum, and many...

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