Elon Musk

Elon Musk's claims of Dogecoin's superiority sparked a critical view from Ethereum's creator Vitalik Buterin, who firmly disagrees with him. In a blog post published on May 23, Vitalik gave some detailed thoughts on blockchain scalability. In part, the post refuted Elon's claim that a massive increase to Dogecoin's block size would scale the network to a victorious extent. On May 15, Elon claimed that if Doge speeds up block time 10X, it increases block size 10X & drops the…

Earlier this week, Tesla CEO Elon Musk set out to ask his Twitter followers, 'Do you want Tesla to accept Doge?' in a Twitter poll. The results, as expected, moved in favor of the joke crypto's acceptance. Elon Musk has been relentless in his support for Dogecoin over the past few months. He termed the virtual currency a 'hustle' as a celebrity guest host on the US comedy show Saturday Night Live. Do you want Tesla to accept Doge? —…

In the hope of profiting from Biden's move toward a new zero-emissions goal, Tesla Inc. (TSLA.O) seeks to enter a multimillion-dollar US renewable credit market. Elon Musk also announced that Tesla had suspended car shopping using Bitcoin to raise concerns concerning cryptocurrency's climate effect. The electric car manufacturer is one of around eight companies with a pending application for power generation and renewable credits in the EPA. The Environmental Protection Agency generates a list with some information, but not names…

Popular meme token Dogecoin has just received its first update in several years, aiming to respond to the recent influx of users. This shows the growing enthusiasm around the meme coin, which shows no signs of waning.  Minor update to Dogecoin blockchain The latest development was revealed on Reddit by a group of developers. The update named "Dogecoin 1.14.3 Core" is a minor change that includes significant performance improvement on its blockchain.  The most notable change is an improvement in sync speed,…

Less than a week after Elon Musk pumped bitcoin's price via a Twitter bio update, fresh reports revealed that Tesla has purchased a whopping $1.5 billion worth of bitcoin.  According to an official SEC filing published today, the Elon Musk-led company stated that it had acquired the digital currency after updating its investment policy to provide it with "more flexibility to diversify further and maximize returns." Tesla also added that it has the option of allocating some of its funds…

Elon Musk, the Tesla CEO and the world's richest man, has reportedly removed the world's leading cryptocurrency from his Twitter profile. Musk added Bitcoin to his Twitter bio last week but is seemingly all over Dogecoin now. He dropped a couple of Dogecoin tweets, even terming it the people's coin, "Dogecoin is the people's cryptocurrency," he wrote. The SpaceX CEO wrote in a separate tweet: "No highs, no lows, Just Doge." The sudden support for Dogecoin has seen its price…

The billionaire CEO of Tesla and SpaceX, Elon Musk, has recently reaffirmed his conviction that bitcoin is a good investment asset and is rapidly making its way to mainstream adoption.  In a special episode of Good Time on the audio-chat social networking app, Clubhouse held on Sunday night, Elon Musk said that bitcoin's mainstream adoption is set to occur sooner than later. He said, "I think bitcoin is really on the verge of getting broad acceptance by sort of the…

Get the weekly summary of cryptocurrency market trends, news, and forecasts! This Week’s Summary The Crypto Market ends the week at a total market capitalization of $1 trillion. Bitcoin increased by nearly 3% over the week to trade again above $33,000. Ethereum set a new all-time high (ATH) at 1,467.48 on Monday. XRP’s value skyrocketed by nearly 80% after Ripple hit back at the SEC in a fraud allegations lawsuit. Wall Street investors lost billions of dollars after a group…

Renowned rapper Soulja Boy recently tweeted several of his public cryptocurrency addresses online. The artist shared his XRP, TRX, BTC, ETH, and LINK addresses upon some of his followers' requests. Soulja Boy has been very vibrant on the digital market, engaging in queries and discussions with his followers on how and when to buy different tokens. Tech entrepreneur and CEO of Rainberry.inc, Justin Sun, yesterday requested Soulja Boy to share his TRX address. Justin proceeded to send 100 million $WIN…