Elon Musk

Elon Musk is a prominent figure in the world of cryptocurrencies, known for his involvement and influence within the industry. As the CEO of Tesla and SpaceX, Musk has garnered significant attention for his interest and support of digital currencies like Bitcoin and Dogecoin. While his statements and actions have had a notable impact on the market, it is important to approach his involvement with a critical lens, considering the volatile nature of cryptocurrencies. Musk's tweets and public endorsements have often led to significant price fluctuations, causing both excitement and concern among investors.


Markets

Bitcoin Headed Below $60K Says Hot-Handed Crypto Hedge Fund Manager

D.O.G.E. job cuts, tariffs, a restrictive Fed and new immigration policies could weigh on markets for the next six to nine months, said Lekker Capital's Quinn Thompson.

XRP bears chalk out a H&S pattern. (Unsplash, mana5280)

Markets

'No DOGE in D.O.G.E.', Says Dogecoin Proponent Elon Musk

The official site even sported a dogecoin logo for a few hours on the day after Trump’s inauguration, giving more credence to rumors of inclusion.

A Shiba Inu, the breed which inspired Dogecoin. (Payless)

Tech

Elon Musk’s AI Start-Up and Nvidia Join Microsoft, BlackRock, MGX AI Fund

The vehicle, which was created in September of last year, aims to raise $30 billion in funding.

Abstract image of a futuristic server with light blue and green LED lights. (Getty Images)

Markets

XRP in Focus as Elon Musk’s DOGE Sets Eyes on SEC

Market watchers believe a clampdown on the U.S. Securities and Exchange Commission could turn out bullish for tokens previously targeted by the agency.

XRP primed to rise as DOGE spotlights SEC

News Analysis

2 More U.S. Regulatory Dominos May Have Fallen for Crypto: OCC and CFPB

FDIC Acting Chairman Travis Hill said the agency is overhauling its crypto approach, just as U.S. senators examine regulators keeping banks out of crypto.

Representative Maxine Waters and Senator Elizabeth Warren protest

Tech

The Protocol: Movement Labs Develops Dev Mainnet

Also: SSV DAO Unveils “SSV 2.0”; Cardano Hard Fork

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Markets

MOVE Jumps 20% on Trump-Linked World Liberty Fi Token Purchase, Musk's DOGE Involvement

"Our papers have never hit the DOGE desk," Rushi Manche, co-founder of Movement Labs, told CoinDesk. "There's a lot of speculation in the rumors."

Donald Trump (Chip Somodevilla/Getty Images)

Tech

Elon Musk Said to Propose Blockchain Use at D.O.G.E. for Efficiency: Bloomberg

Representatives of the Department of Government Efficiency have spoken with leaders of several public blockchains, people familiar with the matter told Bloomberg.

Tesla, SpaceX and X CEO Elon Musk arrives to the inauguration of U.S. President-elect Donald Trump in the Rotunda of the U.S. Capitol on January 20, 2025 in Washington, DC. (Chip Somodevilla/Getty Images)

Markets

Dogecoin Jumps on Fresh X Payments Speculations After Elon Musk Tweet

DOGE has a history of moving on Musk comments or payments-related developments of his companies.

(Dogecoin)

Videos

Trump Announces Department of Government Efficiency, DOGE Skyrockets

President-elect Donald Trump taps Elon Musk and Vivek Ramaswamy to lead the Department of Government Efficiency to slash wasteful government spending. "CoinDesk Daily" host Christine Lee explores the context, breaks down the reaction and explains what impact DOGE will have in the future.

Recent Videos

Elon Musk | CoinDesk