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...
Read More »Mark Yusko Is Not a Dogecoin Fan
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...
Read More »Dogecoin Explodes 25% After Elon Musk Changes Twitter Icon to Doge Meme
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 Elon Pumps Doge (Again) When logging into Twitter, the bluebird that once appeared on Twitter’s loading page has now been replaced by an icon of Doge.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...
Read More »Elon Musk Reportedly Planning to Visit China to Meet with Premier Li
Tesla CEO Elon Musk appears set to visit China amid an increasingly frosty relationship between Beijing and Washington. Elon Musk reportedly plans to visit China in April to meet with the country’s Premier Li Qiang. However, inside sources explained that the timing of Musk’s visit remains subject to Li Qiang’s availability. The Elon Musk trip to China would be the first time the Tesla (NASDAQ: TSLA) CEO would visit the East Asian nation since Covid. Musk last visited China when President...
Read More »Twitter Community Reacts to Elon Musk New Policy for Verified Users
The Twitter community has taken it up to express their stances on the new rule by Elon Musk, noting that giving more power to only verified users could be dangerous. Twitter users have reacted to the latest news by Elon Musk to strictly allow tweets from verified users to appear in the For You tab. The billionaire announced the decision to let only messages from Twitter users with the blue tick pop in the For You recommendation feed from April 15. Musk began to charge for verification...
Read More »Only Verified Twitter Users Will Appear in ‘For You’ Feed, Elon Musk Says
In addition to the news that only tweets from verified users will appear in the For You tab, the Twitter boss also declared that unverified users would no longer be able to vote in polls. Popular billionaire and Twitter owner Elon Musk said that only verified users would pop on the “For You” recommendation feed moving forward. This is the latest change the CEO is making to the social media platform since he acquired the company and assumed the top position in October 2022. One of the major...
Read More »Parts of Twitter Source Code Leaked Online
As per court filing, Twitter has issued a subpoena and asked GitHub to disclose “name(s), address(es), telephone number(s), email address(es), social media profile data, and IP address(es)” linked to the handle behind the source code theft. As per a legal court filing, some parts of Twitter’s source code have been leaked as Elon Musk‘s Twitter is now seeking information about the responsible person. Last week on March 24, Twitter issued a subpoena to the software collaboration platform...
Read More »Saudi and Abu Dhabi Investors to Contribute to SpaceX New Funding
Following a signed agreement between SpaceX and NASA, the government agency is considering SpaceX as an emergency return option for the ISS crew. Elon Musk’s SpaceX is about to receive financial backing from Saudi Arabia and Abu Dhabi investors in a new funding round. This follows an equity funding round in May 2022, which generated about $1.7 billion and reached a $127 billion market worth. At the same time, the company was positioned to be the US most valued startup with more than $125...
Read More »NFM Coin Is All About Keeping the Planet Clean
NFM Coin is the latest digital currency to emerge that’s all about recycling and keeping the planet safe and clean for future generations. NFM Coin Is Focused on Recycling and Energy Conservation The currency works to recycle products that are processed in the metals industry while minimizing carbon dioxide emissions. Through recycling, the coin seeks to bring certain products and materials back to life for use in future items. Necat Celik – a spokesperson for NFM Coin –...
Read More »Elon Musk Mocks Jim Cramer’s Market Advice
Twitter’s owner and one of the wealthiest people on the planet – Elon Musk – dropped a sarcastic tweet regarding Jim Cramer’s recent market predictions. The host of CNBC’s financial TV show – “Mad Money” – has given guidance to investors numerous times, but often that advice has turned wrong. A few days ago, he argued that people should use the recent crypto price rally as an opportunity to sell their stash. However, the market kept its uptrend, with bitcoin tapping a new...
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