Dogecoin

The Doge foundation recently marked a momentous time in history, setting a new record that could set a precedent for other coins. The Doge team has now made the first dogecoin transaction without the use of the modern internet. After having rumored the development for a while, the team finally leveraged SpaceX Starlink. In a tweet yesterday, Doge coin Programmer, Michi Lumin, shared that he sent 4.2069 Dogecoins using "Doge Radio." According to him, there were two others receiving his DOGE…

Elon Musk recently bought a 9.2% stake in Twitter and joined its board of directors to boot. Though it should bear no logical correlation, the tech giant’s favorite cryptocurrency is rising in light of the news. Dogecoin, which Musk has displayed much fondness for, has a tendency to fluctuate in response to his word. Yesterday, Bloomberg revealed that the Tesla CEO had purchased a 9.2% stake in Twitter for $2.89 billion. Twitter’s stock soared 27% after the reveal, now trading…

Ukraine is collecting every digital asset it can get to financially support its defense against the Russian invasion. Having amassed millions of dollars in crypto already, the nation’s Vice Prime Minister has announced that they are now accepting Solana and Dogecoin contributions. With this, Ukraine has opened donation addresses for 6 different cryptocurrencies, with possibly more to come. Calling All Crypto Holders In a tweet on Tuesday, Vice PM Mykhailo Fedorov gave thanks to the Solana Foundation and staking platform…

Billy Markus – co-founder of Dogecoin – isn’t amused with the influx of “memecoins” entering the crypto market these days. He recently called out their creators as promoting scams and get-rich-quick schemes, rather than actual jokes or memes. By contrast, he maintains that Dogecoin was actually created as a joke. The Joke Has Run Its Course In a tweet posted on Wednesday, Markus drew a clear distinction between real jokes in the cryptocurrency space, versus cheap marketing schemes. “Satire as…

Dogecoin may be a lighthearted joke, but it's no laughing matter when your money is involved. Jim Cramer – host of “Mad Money” on CNBC – recently claimed that Dogecoin is security eventually regulated. Is Doge A Security? Cramer issued a warning about the meme coin in a tweet on Thursday. Were the SEC to agree with his assessment, he suspects exchanges will come under fire for making money from newly “created” Dogecoin. “Please be careful with Dogecoin...It is a…

Multiple billionaires engaging in Twitter drama is not something you see every day. Yet that's just what happened - a Twitter fight featuring multiple tech CEOs, from Jack Dorsey to Elon Musk. The reason for the fight? Crypto and Web3. And with so much money in the space, it is no wonder discussions can turn heated. It all started when Jack Dorsey, CEO of Block and former CEO of Twitter, called out Web3. This drew ire from Web3 investors, leading to…

The world of cryptocurrencies has been living, for several years now, in a hype that no other sector can claim to have in our age. Although a biased perception of reality often generates manias, this industry deserves everyone's attention.  Even in the early 2000s, the invention of the internet created enormous euphoria in the financial markets. However, the bursting of the famous dot-com speculative bubble did not stop the web sector from growing and revolutionizing our economy. Excluding the current…

Elon Musk’s love of Dogecoin is nothing new, but he’s starting to give it serious praise beyond just memes. He recently claimed that while Bitcoin makes a good store of value, Dogecoin trumps it as a medium of exchange. Musk has criticized Bitcoin for its low transaction throughput, but the Bitcoin community generally disfavors his solutions. Dogecoin Over Bitcoin? Musk – who was recently named Time’s “Person of the Year” – spoke in an interview with the magazine released today.…

Musk managed to draw the ire of the broader crypto community again while delighting Doge holders. Elon Musk, CEO of Tesla and SpaceX, posted a series of tweets shading Ethereum and Web 3 while touting Doge. Unfortunately, his tweets managed to pump up Doge again for a while. On Thursday, Musk wrote that Web 3, a concept that's widely supported in the crypto community, "sounds like bs." The stance is extraordinary, seeing that his brother, Kimbal Musk, launched an autonomous…