Elon Musk, Dogecoin, and Bitcoin: The Love Triangle Continues
Tesla bitcoin dogecoin

Elon Musk, Dogecoin, and Bitcoin: The Love Triangle Continues

By Allen Taylor | Cryptocracy | 15 May 2021


Did Elon Musk crash bitcoin? A lot of people think he did. Find out what I think right here.

News and Analysis From the Cryptosphere

Block.One is preparing a $10 billion crypto exchange.

Coinbase is preparing to list coins even faster than ever and will add Dogecoin. Am I the only one who thinks this joke has gone on too long?

Everyone’s talking about Elon Musk (and, frankly, I think he likes that). The man who sent Dogecoin to the moon with a little tweet, and then blamed it on his Mom, has suddenly pulled out and here’s what experts are saying is going to be the climate impact. But how much energy does bitcoin actually use compared to Dogecoin, Litecoin, and Ethereum? Aljazeera is asking the same question. Social media users call BS.

After Tesla’s announcement that it would no longer accept BTC for payment, $365 billion flew from the crypto market. Poof! You didn’t know, among his many talents, that Elon Musk was also a magician.

Despite the slip and slide, Cardano is actually doing quite well.

Brave browser incorporates .crypto blockchain domains. My favorite browser just keeps getting better.

Central bank interest in digital currencies continues to grow. Like a weed in a beautiful garden.

The leading crypto trader in China is on trial. He allegedly assisted “internet criminal activities.” Evidently, the Chinese don’t like gambling any more than Utah does.

Looking for a blockchain job? Here’s a list of 25 current job ads.

Shrimpy is an automated trading platform. They’ve released a free book, no sign-up, on mastering defi. 28 pages. I’m not saying you should read it, or anything, but I will.

Facebook’s Diem is moving operations from Switzerland to the U.S. Does the largest social media platform’s scaling back on its plan represent regulator distrust of the company? One opinionated crypto watcher thinks so.

Turkey is allowing crypto transactions over $1,200, but crypto exchanges must report the activity to the government.

Is it time to rethink accounting for cryptocurrencies?

One city in North Dakota is accepting crypto for utility bill payments.

Is self-reliance the future of crypto?

What is the Internet Computer and how did it soar so high so fast? Seriously, already in the top 10 by market cap, how the hell did it soar so high so damn fast?

Binance is under federal investigation in the U.S. On the news, bitcoin falls further.

Cryptocurrencies are the new way to hide assets during a divorce.

Tether hits 30 billion USDT issued on Tron.

What you need to know if you plan to buy a crypto business.

DISCLAIMER  

I am not a financial advisor, nor do I give financial advice. The above information should not be considered financial advice but is for informational purposes only. Neither I nor Cryptowriter are responsible for financial losses incurred as a result of acting on this information. Please consult a financial advisor before making any financial decisions.  

 

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This post was first published at Cryptocracy on Substack.

Resources

  1. https://www.cryptobloggers.us/2021/05/14/did-teslas-elon-musk-just-crash-bitcoin/
  2. https://www.finextra.com/newsarticle/38025/thiel-backed-blockone-preps-10bn-crypto-exchange
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  22. https://www.kxnet.com/news/top-stories/city-of-williston-now-accepting-cryptocurrency-to-pay-utility-bills/
  23. https://www.cityam.com/why-self-reliance-is-the-future-of-crypto/
  24. https://investorplace.com/2021/05/internet-computer-icp-crypto-10-things-to-know-as-icp-snags-no-8-spot/
  25. https://www.barrons.com/articles/binance-is-under-federal-investigation-bitcoin-coinbase-and-the-crypto-world-are-reeling-51620940200
  26. https://www.reuters.com/technology/bitcoin-ticks-back-asia-after-musk-tweet-sent-price-down-17-2021-05-13/
  27. https://www.law.com/njlawjournal/2021/05/13/cryptocurrency-the-new-frontier-for-asset-hiding-in-divorce/
  28. https://news.bitcoin.com/tron-tether-sun-30-billion/
  29. https://finance.yahoo.com/news/looking-buy-crypto-business-know-153453876.html

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Allen Taylor
Allen Taylor

Writer, editor, publisher. Content strategist for fintech, blockchain, and crypto firms.


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