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“#SEC probe of Dogecoin tweets would be ‘awesome’” Elon Musk is ready for a rematch with the Securities and Exchange Commission. The billionaire Tesla chief appeared to welcome rumors that the agency was probing his Twitter posts about Dogecoin, his favorite meme-inspired cryptocurrency. “I hope they do! It would be awesome,” Musk tweeted Thursday, adding…
“# Elon Musk unfazed by rumored possibility of SEC probe into Dogecoin tweets ” Rumors of a possible investigation by the United States Securities and Exchange Commission into Tesla CEO Elon Musk’s alleged impact on Dogecoin’s price moves have been circulating on social media over the past day — a phenomenon that one Twitterer has…
“#Tesla stock has ‘significant’ link to Reddit posts: analyst” Tesla might be the biggest meme stock of them all. The electric-car maker’s stock price appears strongly connected to how many people are talking about it on Reddit’s WallStreetBets forum, Barclays analysts say. After scraping data from the foul-mouthed message board behind the recent GameStop frenzy,…
“# Musk no longer world’s richest man after Tesla and Bitcoin slump ” Tesla CEO Elon Musk has lost his crown as the world’s richest man following a sharp correction in Bitcoin and a slump in his company’s stock that some analysts believe are correlated. Tesla stock (TSLA) has dropped 21% from its high of…
“# 1 billion people will store life savings on their phone in Bitcoin by 2026 — MicroStrategy CEO ” Bitcoin (BTC) will be the savings method of choice for one billion people on their phones by 2026, MicroStrategy CEO Michael Saylor predicts. In an interview with CNBC on Feb. 23, Saylor, whose company owns in…
“#Lucid Motors SPAC shares tank after deal to go public” Shares of a blank-check company that’s set to merge with electric-car maker Lucid Motors tumbled Tuesday after it inked a deal to take the Tesla rival public. Churchill Capital Corp IV — a special purpose acquisition company, or SPAC, backed by former Citigroup banker Michael Klein…
“#Tesla stock falls after Elon Musk loses $15B in single day” Tesla’s stock price fell for the fourth straight day Tuesday after its massive Monday plunge wiped $15 billion off CEO Elon Musk’s net worth. The electric-car maker’s shares dropped as much as 13 percent to $619.50 in early trading, putting it below the price where…
“# Bill Gates warns Bitcoin buyers: If you have less money than Elon Musk — watch out ” Microsoft founder Bill Gates has issued a warning to would-be Bitcoin (BTC) buyers looking to follow Elon Musk’s investment strategy. Speaking to Bloomberg’s Emily Chang, Gates suggested Musk had access to sophisticated trade management techniques that the…
“# Bank of Korea chief says crypto has no intrinsic value, expects volatility ” Amid a major downward correction in the cryptocurrency market, the head of South Korea’s central bank is skeptical about digital currencies like Bitcoin (BTC). Bank of Korea Governor Lee Ju-yeol said that crypto assets like Bitcoin have no intrinsic value, local…
“# Up to 5% of public companies will follow Tesla’s Bitcoin buy, says Wedbush analyst ” Tesla’s strategic embrace of Bitcoin (BTC) will have a dramatic impact on corporate adoption of the digital asset, according to Dan Ives of Wedbush Securities. In a Monday interview with CNBC, Ives said Tesla’s exposure to Bitcoin is “not…