The Tesla and SpaceX CEO has suggested he will feature the joke cryptocurrency on TV—but also warned against getting too enthusiastic.
The trading platform stated it had added Dogecoin due to demand. Meanwhile, Elon Musk has suggested the token will feature in his upcoming Saturday Night Live skit.
Four astronauts returned to Earth in the first nighttime splashdown by a U.S. crew since the Apollo 8 moonshot in 1968.
Tesla's CEO plugged his appearance next week on Saturday Night Live by tweeting, "The Dogefather SNL May 8." And Dogecoin's price jumped 20% to $0.32.
The first "shell" of the vast satellite network is nearly complete, and thousands more satellites are expected.
Dogecoin's price was up sharply on Wednesday morning, though experts have warned about its infamous market volatility.
Bowen Yang, Andrew Dismukes and Michael Che are among the "Saturday Night Live" contestants who have commented on the news that Elon Musk is set to host the show.
Barstool Sports founder Dave Portnoy made the claim against Musk on Twitter after Tesla reported its Q1 2021 earnings.
Elon Musk on Monday said that Tesla recently sold 10 percent of its Bitcoin, turning a $101 million profit, in a bid "to prove liquidity of Bitcoin as an alternative to holding cash on balance sheet."
A recent survey of 1,015 of investors in cryptocurrency found that 54.3% believe Bitcoin will climb to $100,000 this year. The survey offered no analysis of the cryptocurrency's fundamentals or outside forces affecting its price.
It's understandable that the super wealthy might wish to escape the gravitational pull of the rest of us. But there's really no escape. If they're serious about survival of the species, they need to act more responsibly toward working humans here on terra firma.
As the late-night sketch show announced the eccentric billionaire as its next host, Newsweek looks back at some of Saturday Night Live's most controversial hosts.
"Lorne Michaels" began trending on Twitter as thousands of users criticized the show's decision.
The "hodl" message from the Tesla CEO comes amid fluctuation in the cryptocurrency markets.
The trendy cryptocurrency's worth has surged recently.
The digital currency Dogecoin, which continues to see a meteoric rise in value, is now worth as much as Dow Inc. and the producer of Kleenex and Huggies after fans of the cryptocurrency set out to raise its value from roughly half of a cent to $1.
April 20 is being declared Elon Musk Day by fans of the business magnate, putting 4/20 at the heart of a three-way tug of war along with Weed Day and Doge Day.
"Data logs recovered so far show Autopilot was not enabled & this car did not purchase FSD," Tesla "Technoking" Elon Musk tweeted on Monday.
"A power outage in the Xinjiang region of China where a significant portion of Bitcoin mining takes place caused a very sudden dip in the global hashrate which, in turn, caused transactions to back up and fees to rocket temporarily," an analyst told Newsweek.
The cryptocurrency now has a market cap of around $50 billion.
Elon Musk has had a lot to say about Tesla's Autopilot feature, which may have been connected to two deaths in an accident on Saturday in Texas.
It took them four hours—and used 23,000 gallons of water—to finally extinguish the fire after the Tesla Model S crashed.
Fox responded the "clever hacker" had changed his former profile photo from an old campaign account.
"This pandemic billionaire wealth surge is a grotesque milestone after three decades of wealth steadily flowing to the top," said Chuck Collins of the Institute for Policy Studies.
The cryptocurrency is now one of the top ten most valuable in the world, ahead of more "serious" tokens such as Bitcoin Cash and Filecoin.
A price spike came after SpaceX CEO Elon Musk, a known Dogecoin fan, teased on Twitter that an unnamed cryptocurrency was "going to moon very soon."
The billionaire Tesla and SpaceX boss has once again updated his profile on the social media platform.
"A monkey is literally playing a video game telepathically using a brain chip!!" Elon Musk tweeted on Friday (April 9).
Dogecoin fans often say they hope its price will rise "to the moon"—could SpaceX really make that happen?