"Bitcoin will be remembered for pushing central banks to adopt digital money," Blanque said during the news conference, according to Reuters. Blanque added that regulators and governments will ultimately "stop the music," with Bitcoin and other cryptocurrencies.
The obscure cryptocurrency token rose in price just after the SpaceX CEO posted an unrelated tweet about the viral video on Tuesday.
Males outnumber females about 86% to 14% in the crypto market, while millennials, ages 25 to 35, make up 41.5% of Bitcoin investors. Meanwhile, Elon Musk keeps tweeting, and the SEC is taking notice.
Elon Musk, SpaceX CEO and Dogecoin fan, may have also affected the crypto's price with a tweet.
The petition has garnered nearly 86,000 signatures, meaning it ranked as the 10th largest U.S. petition for May.
Users can now transfer Dogecoin into their account and start trading it on June 3, but only if the exchange maintains enough liquidity in the DOGE token.
Crypto prices have recovered from the lows, but investors remain cautious. Meanwhile, the dollar continued to tick down as traders assessed U.S. inflation, job growth and consumer spending amid the economic rebound from the COVID-19 lockdown.
The upcoming Bitcoin 2021 conference in Miami may host upwards of 50,000 people—though tickets aren't cheap.
"They are all classic cannabis factory signs — but when officers gained entry, they found a huge bank of around 100 computer units as part of what's understood to be a Bitcoin mining operation," the West Midlands Police Department said in the press release.
Pennsylvania-based Sheetz will partner with digital payment network Flexa to become the first convenience chain in the U.S. to offer cryptocurrency as a payment option.
Traditional banks have played their role in keeping too many people unbanked and underbanked for decades. Digital banks are creating the competition and growth the sector needs if it will adapt to new customers—but governments must support them.
Tiger King "Joe Exotic" has announced his own cryptocurrency, while competitor Carole Baskin released her cryptocurrency earlier this month.
The billionaire said he thought cryptocurrency is "here to stay in one form or another" despite previous skepticism.
The Bitcoin fear and greed index registered "extreme fear" Wednesday—but that could be a buying opportunity for gutsy investors, especially as the timid have sold into a falling market.
Thousands of social media users have gotten involved in the trend amid the recent cryptocurrency market rollercoaster.
On the strength of two recent tweets from Elon Musk, Bitcoin Armageddon has been avoided—at least for now. And Federal Reserve Chairman Jerome Powell has predicted that any increase in inflation above the Fred's 2% target will be "transitory."
Goldman Sachs, HSBC and the Bank of England are among institutions to take different stances on the cryptocurrency.
Atlanta Police Department has urged members of the public not to leave their cars running while they refuel.
The Tesla and SpaceX CEO's tweet followed a period of significant decline for the cryptocurrency market over the past week or so.
The Tesla and SpaceX CEO said he chose Dogecoin over other cryptocurrency tokens because it "has dogs and memes."
The price of gold has risen as Bitcoin's value has plunged, and the economic recovery from the pandemic is threatened by indications of impending inflation.
"The more we create savings in [bitcoin], the more you might say, 'I'd rather have bitcoin than the bond.' Personally, I'd rather have bitcoin than a bond," Dalio said.
The government measures announced late Friday mean large-scale crypto mining will move out of China.
The petition has reached nearly 40,000 signatures while the token has fallen in price over the past two weeks.
"Speculation aside, the best platforms will do well over the long term," the billionaire entrepreneur told Newsweek.
"Although cryptocurrency is a small share of current business transactions, such comprehensive reporting is necessary to minimize the incentives and opportunity to shift income out of the new information reporting regime," the Treasury Department said in a report.
The creators of the hilarious video will delete it from YouTube on its 14th anniversary this weekend.
Federal Reserve Chairman Jerome Powell said Thursday that the U.S. was exploring whether the creation of a new digital currency would "improve on an already safe, effective, dynamic and efficient U.S. domestic payment system."
Two events caused the drop in Bitcoin value: Elon Musk said Tesla would no longer accept Bitcoin as payment for its electric cars and the People's Bank of China restated its ban on the use of cryptos for any type of payment.