With a market capitalization of approximately $126 million, the Milady Meme Coin saw its trading volume rally above $199 million. Tech billionaire and Tesla Inc (NASDAQ: TSLA) CEO Elon Musk, has once again proved his influence in the meme coin industry through a tweet of Milady NFT. As a result, the price value of Milady-related tokens skyrocketed in the past 24 hours with increased demand demonstrated by a sharp uptick in traded volume. For instance, the floor price of Milady NFTs jumped...
Read More »Elon Musk Asks Judge to Toss Out Dogecoin-Centered Lawsuit
Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up At the time of writing, South African billionaire and entrepreneur Elon Musk – the man who brought companies like Tesla and SpaceX to the forefront – is currently trapped in the middle of a $258 billion lawsuit centering on his promotion of digital currencies like Dogecoin. Elon Musk Requests Dismissal of Court...
Read More »Tesla Hikes Price for Model S and X Cars in China by $2,747
Following months of repeated price cuts, Tesla has raised the price of some of its EV offerings in China to remain competitive. Tesla (NASDAQ: TSLA) has hiked the price of its new Model S and Model X electric vehicles in China by 19,000 yuan ($2,751). On Friday, the company’s website reflected the product price increase, which comes on the heels of price hikes for its other cars. Tesla Models S and X EVs to Sell for 808,900 Yuan and 898,900 Yuan in China As it stands, Tesla’s Model S...
Read More »PEPE Coin Price May Spiral Further Down, Here’s Why
Despite regaining much of its losses, there are reasons to believe that the coast is not yet clear for PEPE. The new meme token PEPE coin recently enjoyed a spell of fortune after its price surged by more than 2000% shortly after launching a few weeks ago. However, it appears that it has now lost momentum and risks losing large portions of those earlier gains. On Wednesday, PEPE entered a sharp correction that saw it lose over 35% of its record high value of $0.00000138, which it attained...
Read More »Elon Musk Pushes Crypto While Poking Fun of Biden
Elon Musk is pushing bitcoin and other digital currencies in the midst of the U.S. banking crisis and recently posted a tweet in which he makes fun of criminal-in-chief Joe Biden. Elon Musk Takes Issue with Biden Not long ago, the phony president of the United States issued comments on social media talking about his administration’s climate change achievements. This is the first sign that something is wrong. The banks are failing, the economy is in shambles, people are...
Read More »LVMH Becomes First European Company to Exceed $500B Market Value
As LVMH records new levels in market valuation, its CEO and co-founder of the company is currently the world’s richest person. Luxury goods company LVMH has become the first European company to exceed $500 billion in market value. LVMH, which engages in the design, manufacture, and sale of luxury products globally, is the parent company of Louis Vuitton, Hennessy, and Moet & Chandon. Its other subsidiaries include Dior, Bvlgari, Sephora, Kenzo, Givenchy, etc. For Q1 2023, LVMH...
Read More »Tech Earnings Dominate Second Week of Q1 Reports with Amazon, Microsoft, Meta & Alphabet Leading Charge
In this week’s Q1 tech earnings reports, investors look for signs of staying power amid a recession-threatened economy. Tech earnings will make up a significant portion of corporate Q1 earnings this week, in the second week of quarterly reports. Investors will be paying close attention to Amazon (NASDAQ: AMZN), Microsoft (NASDAQ: MSFT), and Alphabet (NASDAQ: GOOGL) in a packed week. Investors may also take cues from these corporate reports to determine the fiscal landscape as the Fed...
Read More »Twitter Stripes Many High-Profile Users of Blue Checks
For the Twitter Blue subscription, only individuals retain the Blue Check while organizations that subscribed to the service will be given a yellow tick. Yesterday was a historic day for American multinational micro-messaging platform Twitter Inc as it striped its previously verified users of their Blue check marks. While the move has been tagged by many critics as a rude and dangerous precedent to set, the removal of the Blue Checks has been lauded by proponents in one of the hottest...
Read More »Elon Musk Again Claims Tesla Will Launch Self-Driving Technology
In 2023, Tesla looks to launch a self-driving technology that could set the company on its way to achieving full driving autonomy. According to Tesla CEO Elon Musk, the leading EV maker could launch its fully self-driving technology in 2023. Musk added that Tesla’s projected autonomous driving tech would generate significant profits to counterbalance some of its margin pressure. The Texas-based electric vehicle manufacturer is currently bearing the brunt of aggressive price cuts on Tesla...
Read More »SpaceX Starship Test Flight Coming on DOGE Day? Elon Musk Teases Incoming Launch
SpaceX CEO and Dogecoin enthusiast Elon Musk announced on Tuesday that the company is targeting April 20 for a test flight of its Starship rocket. As it happens, April 20 (4/20) is celebrated by the Dogecoin community as “Doge Day.” April 20 was declared Doge Day by the Doge community back in 2021 with an aim of pushing the coin’s value to new highs. April 2021 was when Doge rocketed to new highs around $0.30, before soaring to $0.70 in early May. “The team is working around...
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