Search results for "dogecoin"

Dogecoin value rises, Tesla declares accepting the crypto as payment

Dogecoin shares soared to over 18 percent on Tuesday following Tesla Inc. chief, Elon Musk’s announcement of the company’s altered tactic of accepting cryptocurrency payments for merchandise. The announcement revealed on Twitter sent Dogecoin shares to heighten in valuation when most cryptocurrencies seem to be dropping in value. “Tesla will make some merch buyable with […]

Shiba Inu passes Dogecoin as top "dog" in cryptocurrency

Cryptocurrency has officially gone to the dogs. The recent trading frenzy over a digital token called Shiba Inu — commonly billed as a “meme” or joke coin — has vaulted the canine-themed cryptocurrency into the top ten most valuable digital assets by market value, hitting $40 billion and surpassing its cousin and apparent inspiration, Dogecoin. […]

Dogecoin Co-Founder slams Crypto Industry

“Cryptocurrency is a scam and always has been,” are the words used by Dogecoin creator Jackson Palmer to describe the burgeoning digital currency ecosystem, as he resurfaced on Twitter after two years of absence. But Palmer didn’t stop there. He described cryptocurrency industry to be “a right-wing, hyper-capitalistic system, serving the protection of powerful cartel […]

Elon Musk Hails Dogecoin While Salvadorans Reject Bitcoin

At this point, the idea of Elon Musk easily playing with the crypto market through social media is reoccurring, as the Tesla Chief strikes once again with another tweet that swung the market in the favor of Dogecoin. Leave it to the “Dogefather” himself to lift the meme-coin from its slump. After witnessing a steady […]

Dogecoin has its day; cryptocurrency is latest 'meme' craze

After fans of the cryptocurrency touted April 20, long an unofficial holiday for marijuana devotees, as “Doge Day,” Dogecoin failed to come close to the $1 target that supporters hoped to reach and was falling in late afternoon trading. The goal may have sounded like a low hurdle, particularly when compared against the $50,000 or […]

Doge Chatbot: What’s the Motive? 

Elon Musk, CEO of Tesla, and SpaceX are now distracted by the newest bright object: AI chatbots, just months after acquiring Twitter. While there is little information regarding Musk’s planned AI project, the entrepreneur has been vocal in his disdain for ChatGPT. Musk co-founded OpenAI in 2015 but has subsequently severed connections with the firm. […]

Dollar Skids After Soft U.S. Economic Data; Impact of OPEC+ Cuts Fades

 The dollar stumbled on Monday, surrendering earlier gains following unexpected oil output cuts from OPEC+, as data showed the U.S. economy continued to slow with declines in manufacturing and construction spending. Data on Monday added to the narrative that the Federal Reserve is near the end of its rate-hike cycle. An announcement on Sunday of […]