Elon Musk


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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.

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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 tient le DOGE en laisse. Est-il un manipulateur ?

Quelle que soit son intention, gagner de l’argent ou jouer à des jeux, Musk place les détenteurs de DOGE dans une position particulièrement vulnérable.

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

Videos

Chart of the Day: Bitcoin Mining Consumes Almost The Same Amount of Electricity as Malaysia or Egypt

“All About Bitcoin” host Christine Lee breaks down the chart tweeted by Elon Musk Thursday, with bitcoin’s annualized estimate electricity consumption being approximately 150 TWh, or about the same size consumed by Malaysia or Egypt.

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Elon Musk, Bitcoin and the Ongoing Energy Debate

Responding to Elon Musk calling the bitcoin energy usage trend “insane,” CleanSpark CEO Zach Bradford sheds light on the ongoing debate about cryptocurrency and energy consumption.

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Markets

Bilan du marché : Le Bitcoin chute pour la deuxième journée consécutive après l'action de Tesla ; l'Ether suit

« Ce qui m'attriste, c'est la façon dont les mains faibles et les acheteurs récents voient ELON Musk comme un prophète, une puissance et une figure décisive du Bitcoin», a déclaré un trader.

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Le Bitcoin reste un bon investissement, malgré Tesla, déclare McGlone de Bloomberg

L’homme qui a prédit que le prix du bitcoin atteindrait 50 000 dollars l’année dernière sera-t-il écouté ou ignoré ?

Some bitcoin mining facilities rely on coal-sourced energy outside of the rainy season.