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 tiene DOGE al guinzaglio. È un manipolatore?

Qualunque sia il suo intento, fare soldi o giocare, Musk sta mettendo i possessori DOGE in una posizione di particolare vulnerabilità.

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

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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

Market Wrap: Bitcoin scende per il secondo giorno consecutivo dopo l'azione di Tesla; Ether segue

"Ciò che mi rattrista è il modo in cui le mani deboli e gli acquirenti recenti vedono ELON Musk come un profeta, una potenza e una figura decisiva nel Bitcoin", ha affermato ONE trader.

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Bitcoin è ancora un acquisto, nonostante Tesla, afferma McGlone di Bloomberg

L'uomo che l'anno scorso ha previsto che il prezzo del bitcoin sarebbe salito a 50.000 dollari verrà ascoltato o ignorato?

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