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

Elon Musk: Less Grifter, More Puppet Master

There is a fine line between dominating the cultural conversation and outright manipulation.

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Videos

Elon Musk's Tweets Send Bitcoin Price on Roller Coaster Ride; Opportunity for the Rise of Altcoins?

Bitcoin price plummets after Elon Musk hinted that Tesla may dump its bitcoin holdings. Lindsay Joo of Bitbull Capital weighs in on Musk's motivations and the potential upside opportunity for altcoins.

Recent Videos

Videos

Bitcoin’s Environmental Challenge: Proof-of-Stake vs. Proof-of-Work

Tesla’s decision to stop accepting bitcoin payments due to environmental concerns has reignited the bitcoin energy debate. Will the proof-of-stake network be better for the planet? John Wu of Ava Labs weighs in on the debate and discusses Avalanche, a proof-of-stake blockchain that Wu sees as a complementary to Ethereum.

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Markets

Crypto Long & Short: Why Tesla’s Reversal Is Good for Bitcoin

The company's recent move is more about policy than price. Plus: Did this week mark the start of a meaningful shift in the stablecoin market?

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Videos

Understanding Elon Musk's Outsized Crypto Market Influence

One tweet from Elon Musk can send the crypto markets soaring or, in the case of Tesla's reversal on bitcoin payments, spiraling. Dogecoin has jumped 22 percent after Musk tweeted that he was working with developers to improve the memecoin's network transaction efficiency. Why does Musk have such an impact on the crypto markets? "All About Bitcoin's" Week in Review panel discusses. Plus, a discussion of Coinbase's first earnings report.

Recent Videos

Videos

Elon Musk Says He’s Working With Dogecoin Devs to Improve Network

The price of dogecoin surged after Elon Musk tweeted he was working with the joke coin’s developers to improve the network’s transaction efficiency. This tweet follows on the heels of Musk’s announcement yesterday that Tesla would stop accepting bitcoin as a form of payment.

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Markets

Musk Has Doge on a Leash. Is He a Manipulator?

Whatever his intent, to make money or to play games, Musk is putting DOGE holders in a uniquely vulnerable position.

Image posted on Feb. 4, 2021, by Elon Musk's Twitter account. (@elonmusk/Twitter, modified by CoinDesk)

Markets

Dogecoin Jumps 22% as Elon Musk Hints at Improving Network's Transaction Efficiency

Coinbase also announced it would be listing DOGE in six to eight weeks.

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