Bitcoin and cryptocurrency prices have swung wildly over the last couple of days, with bitcoin dipping under $30,000 before bouncing back. Extreme bitcoin price swings have been outmatched by the meme-based dogecoin, Elon Musk’s pet project that’s rocketed into the cryptocurrency top ten by value this year (subscribe now to Forbes’ CryptoAsset & Blockchain Advisor and discover…
Elon Musk, the dogecoin-touting Tesla billionaire, has boosted the price of the meme-based cryptocurrency, tweeting his son is “holding his doge like a champ.” The dogecoin price, down around 75% from its April peak, climbed off lows of under 17 cents following Musk’s Twitter post. Sign up now for CryptoCodex—a free, daily newsletter for the crypto-curious…
Pham Nhat Vuong attends the opening ceremony at the VinFast plant in Haiphong, Vietnam, on June 14, … [+] 2019. Yen Duong/Bloomberg Vinfast—the automotive unit of billionaire Pham Nhat Vuong’s VinGroup—is rolling out its latest electric vehicle models across showrooms in North America and Europe by March next year, challenging Tesla globally. The company said…
Tesla billionaire Elon Musk, who’s repeatedly backed dogecoin over bitcoin, ethereum and other cryptocurrencies in recent months, has again gone to bat for the meme-based cryptocurrency. Musk, the self-proclaimed technoking of Tesla who was once voted dogecoin’s CEO in a tongue-in-cheek Twitter poll, warned over limitations he sees with bitcoin and ethereum, branding them “slow”…
Bitcoin and cryptocurrency speculation has exploded this year as finance apps roll out crypto support and stimulus cash floods in. The bitcoin price has soared along with so-called meme stocks Tesla, Gamestop and AMC through 2021, though the likes of Facebook have also surged as investors pile into technology companies. In the aftermath of trading…
GETTY IMAGES, ILLUSTRATION BY FORBES After promising to sell nearly everything he owned last year including six mansions in California, Tesla’s billionaire CEO has taken up residence in a studio-apartment sized rental – here’s what it looks like inside and out. If you’re looking for the world’s third richest person, you won’t find him living among…
An employee selects the “Buy Bitcoin” option on a cryptocurrency automated teller machine (ATM) … [+] during a demonstration at the Hong Kong Digital Asset Exchange Ltd. digital currency trading store in Hong Kong, China, on Thursday, June 24, 2021. Hong Kong Digital Asset Exchange is a cryptocurrency platform and is the first to combine…
RIYADH, SAUDI ARABIA – NOVEMBER 18: Saudi King Abdullah (L) talks to Saudi Arabia’s Oil Minister Ali … [+] al-Naimi (R) and an unidentified Saudi delegate (C) at the closing of the Third OPEC Summit , November 18, 2007 in Riyadh, Saudi Arabia. Iranian President Mahmoud Ahmadinejad has announced plans for discussions with Arab nations…
Elon Musk, the Tesla chief executive who’s apparently adopted the meme-based bitcoin rival dogecoin as his pet project, has again signaled his support for the “joke” cryptocurrency. The dogecoin price shot higher, climbing 5% over the last 24 hours, after Musk said it is “important to support” a dogecoin upgrade proposal to significantly reduce dogecoin…
Elon Musk, the Tesla billionaire who has adopted the somewhat satirical bitcoin rival dogecoin as his pet project, has again sent the memecoin’s price sharply higher. The bitcoin price was largely unmoved following a tongue-in-cheek attack by Musk on Twitter chief executive Jack Dorsey’s plan to expand bitcoin awareness among companies and institutions. However, dogecoin…