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Silicon Valley Bank: Elon Musk Shows Interest In Buying SVB After Collapse

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There might be some hope for Silicon Valley Bank to spring back to life.

Twitter and Tesla big boss Elon Musk hinted at the possibility of the social media behemoth purchasing the beleaguered Silicon Valley Bank.

“I think Twitter should buy SVB and become a digital bank,” tweeted Min-Liang Tan in the face of the ongoing chaos. Tan is cofounder and CEO of Razer, a company that sells gaming computers.

Elon Musk responded to Tan’s tweet by stating:

“I’m open to the idea.”

On Friday, US regulators announced the closure of Silicon Valley Bank and seized all of the institution’s assets.  Read more...

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Dogecoin (DOGE) Surges 6% Due To New Tweet From Elon Musk

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Elon Musk continues to be one of the biggest factors influencing the Dogecoin price, as the Twitter CEO proved once again today. Musk made an apparent joke by writing, “High time I confessed I let the Doge out.” He also shared an image with an inscription.

In scrawled script, the image reads, “It was me, I let the dogs out.” Within no time, the Dogecoin price responded to Musk’s tweet with a 6.6% increase. Shiba Inu saw a modest price appreciation of 2.5%, likely because Musk was talking about dogs in the plural.

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Elon Musk Hints At New Twitter CEO At End-2023, Causes FLOKI To Skyrocket 45%

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Elon Musk announced in December of last year that he will step down as CEO of Twitter once a replacement is found, but will continue to operate some important divisions of the popular social media network.

He tweeted at the time that he would quit as chief exec as soon as he found “someone foolish enough” to assume the post.

Elon Musk: ‘Good Timing’ To Hire New Twitter CEO By End-2023

Nearly three months later, on Wednesday, the billionaire is again making public his intention to stand down, saying it would be “good timing” to find someone else to run Twitter by the end of 2023, when he believes the social media network to be stable.  Read more...

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Dogecoin Tipping Bot Gets The Boot From Elon Musk’s Twitter, DOGE Crash Incoming?

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The Dogecoin tipping bot on Twitter is one of the main hallmarks of DOGE adoption over the years. The bot made it possible for DOGE users to easily tip their favorite creators without much hassle, and with this ease of use, promoted the adoption of the meme coin. However, it seems Twitter no longer wants the bot on its platform.

Twitter Suspends Dogecoin Tipping Bot

On Wednesday, Doge Designer on Twitter drew attention to the fact that the Dogecoin tipping bot had been suspended on Twitter. The bot which uses the hand @MyDogeTip was seemingly suspended earlier in the week with no explanation as to why.  Read more...

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What Happens If Elon Musk Starts Shilling Dogecoin Again?

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Dogecoin is now a long way from its all-time high of $ 0.7 which was brought about by billionaire Elon Musk aggressively promoting what he calls his “favorite” cryptocurrency. However, as the meme coin continues to trend low, even with the current bull sentiment, there is always the possibility of Musk resuming his very public support for Dogecoin.

Can Elon Musk Recreate 2021 For Dogecoin?

Elon Musk’s influence on the Dogecoin community and the price of the meme coin by extension is still very prominent. Just the fact that Musk had purchased Twitter had sent the price of DOGE rallying over 150% in a matter of days. But so far, there has not been much from the billionaire about the cryptocurrency.  Read more...

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Is Elon Ditching Dogecoin? Twitter Prepares To Launch ‘Coin’ Feature

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Rumors have been swirling for quite some time that Elon Musk might launch his own Twitter Coin, possibly putting Dogecoin (DOGE) on the sidelines or even ditching it. Leaks of the Twitter user interface first surfaced in early December, showing the “Coin” feature. A few hours ago, new revelations emerged.

Security researcher and reverse engineering blogger Jane Manchun Wong has uncovered evidence that Twitter could be on the verge of rolling out the new feature.

Twitter Coin Similar To Reddit Award System

Taking to Twitter yesterday, Wong shared screenshots of the feature, which allows users to reward other users for posting individual tweets using Twitter Coin.  Read more...

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Elon Musk Sells Tesla Shares Worth $3.58 Billion, Will He Buy Bitcoin Or Dogecoin?

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For the fourth time this year, Elon Musk has sold Tesla shares worth billions. The crypto community is puzzling over whether and what implications this could have on his Bitcoin and Dogecoin holdings, or even Tesla’s BTC holdings.

Musk sold $ 3.58 billion worth of shares from Monday to Wednesday, a filing with the U.S. Securities and Exchange Commission reveals. What Musk plans to use the money for is currently unclear. Naturally, the crypto community speculates about what will happen with the cash. Since Musk announced the now-completed acquisition of Twitter in April 2022, the entrepreneur has parted with $ 23 billion worth of Tesla shares.  Read more...

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Elon Musk Looks Toward Leadership Change At Twitter, Will This Affect Dogecoin?

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Elon Musk’s takeover of Twitter pushed the price of Dogecoin higher at various points in the last couple of weeks. This was due to the billionaire’s relationship with the meme coin in the past. However, recent revelations about Musk’s plans for the social media platform have not really been in favor of Dogecoin and the most recent one follows in this same direction.

Musk Wants New Leadership For Twitter

Naturally, it was expected that Musk would have to put in the work for Twitter to get a good return on his $ 44 billion investment to purchase it. Since then, there have been various changes as the company goes through the change and settles into its new leadership. However, it does not look like Musk plans to stay on for long.  Read more...

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Dogecoin: Elon Musk Skyrockets The DOGE Price Again, Here’s What’s Happening

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Following Elon Musk’s Twitter acquisition confirmation last week, the price of Dogecoin (DOGE) went through the roof. For the first time since May of this year, DOGE surpassed the $ 0.01 mark and temporarily exceeded $ 0.14. On Monday, DOGE took a small breather, but it was not to last long.

As numerous members of the Dogecoin community predicted, a tweet from Musk would be enough to start another DOGE rally. And Musk did not disappoint the Dogecoin community.

At 00:17 EDT, the CEO of Tesla and SpaceX tweeted the following image, which shows a Shiba Inu, the memecoins mascot wearing a Twitter shirt and a pumpkin with a Twitter logo.  Read more...

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How Twitter Will Embrace DOGE And Crypto Under Elon Musk

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Social media platform Twitter has been dabbing into crypto for the past years, and the recent Elon Musk takeover might open the door to growing these efforts with Dogecoin (DOGE) at the center. The entrepreneur will implement changes to the platform. This possibility has created a lot of expectations from crypto investors. 

According to a report from Bloomberg, there is growing speculation on how Elon Musk might incorporate cryptocurrencies into Twitter. The social media platform enabled users to send and receive Bitcoin and Ethereum transactions and set non-fungible tokens (NFTs) as profile pictures.   Read more...

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Dogecoin Jumps 35% As Elon Musk Finalizes Twitter Buyout

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Dogecoin once again proved its strong ties with self-proclaimed “Dogefather” Elon Musk who highlighted his Twitter takeover on Thursday evening with reports of him firing key officials of the social media giant.

Still riding the momentum of the bullish run that the crypto market experienced just days ago, DOGE capitalized on the Musk-related development as it surged by 15% in just 24 hours. It also increased by 10% shortly after the billionaire changed his Twitter bio to “Chief of Twit,” and tweeted, “the bird is freed.”

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Dogecoin (DOGE) Whales Are Preparing For Elon Musk’s Twitter Takeover

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Billionaire Elon Musk is inching further toward his eventual takeover of Twitter and Dogecoin (DOGE) whales are positioning in preparation for the takeover. Musk’s deal to acquire the social media platform has been one fraught with roadblocks along the way, but the two parties have now reached an agreement to facilitate the purchase. Now, the Dogecoin community is anticipating the finalization by Dogecoin’s biggest supporter.

Moving The Coins Around

Following a report from Bloomberg, it is expected that Elon Musk would be taking ownership of Twitter this week. The news definitely triggered a reaction from the Dogecoin community, leading to a rise in DOGE trading volumes. However, the most interesting activities are those of Dogecoin whales who have been moving around large amounts of tokens.  Read more...

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How This Elon Musk-Based NFT Collection Launched As A Web3 Cultural Movement

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Social commerce platform Basic.Space revealed its role in the launch of the Elon Musk-inspired non-fungible token (NFT) collection Elon.Space. Created as a cultural experiment powered by Basic.Space and Web3, the NFT collection is a “thoughtful” integration of new technologies and fashion bridging the real world with the digital. 

Basic.Space’s collections are featured in Forbes, Vogue, Highsnobiety, and other major media platforms due to its innovative concepts and designs. The social commerce platform is trying to push the boundaries of fashion with digital assets and Web3 by providing users with a unique experience.   Read more...

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You Can Now Buy Perfumes With Dogecoin Thanks To Elon Musk

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Billionaire Elon Musk has been a long-time supporter of Dogecoin and that has shone through in the ways that he has implemented DOGE payments into the products that his company makes. The meme coin which he says is his favorite has been used to pay for various things in the companies which Musk leads. Now, the SpaceX CEO has added another product that can be paid for in DOGE to the lineup.

New Fragrance For Dogecoin  Read more...

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Here’s Why The Dogecoin Community Is Bullish On Elon Musk’s Twitter Purchase

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The Dogecoin community has been firmly behind billionaire Elon Musk’s decision to buy the social media platform Twitter since it was first announced. Musk, who seemed to be locked in a game of cat and mouse with the social media giant over the last couple of months, had eventually relented and agreed to purchase Twitter for the previously agreed price of $ 54.20 per share. Here’s why the Dogecoin community is firmly behind this decision.

Dogecoin Payments On Twitter  Read more...

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Elon Musk To Twitter: Let’s Do A Public Debate On Bots!

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Elon Musk has so many tactics he can employ to turn his back on Twitter, which filed a lawsuit against him for canceling the $ 44 billion contract to acquire the platform.

Tactic No. 1 – Accuse the social media giant that its platform is plagued by spam bots, phony accounts and whathaveyou, and give him a strong argument to ditch the deal.

Tactic No. 2 – Challenge the company to a public debate on the alleged bots and, if his allegations hold water – and win the hearts of his 102 million Twitter followers whose tweets will help him solidify his argument – then he can turn things around.  Read more...

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Elon Musk Claims Twitter Committed Fraud In $44 Billion Deal Countersuit

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Elon Musk and Twitter are set for another court showdown as the billionaire launches a countersuit against the social media giant, which sued him for canceling the $ 44 billion contract to acquire the platform.

Tesla and SpaceX CEO Elon Musk and his legal counsels are alleging in a recent filing that Twitter hoodwinked them about the social media giant’s “key metrics,” and manipulated its value in an attempt to induce the billionaire to purchase the firm at a jacked-up price.  Read more...

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Dogecoin Is Elon Musk’s Favorite Cryptocurrency, Here’s Why

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Billionaire Elon Musk has been Dogecoin’s biggest supporter, and he has not been shy to say it. It was indeed the SpaceX CEO’s tweets that triggered the bull rally that saw the meme coin hit a high of $ 0.7 last year before starting its slow downtrend. However, even with the fact that Dogecoin has seemingly lost most of its gained value, Elon Musk has not relented on his support for Dogecoin and explained why he loves it in a recent podcast.

What’s Not To Love?  Read more...

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BREAKING: Elon Musk’s Tesla Sold 75% of Its Bitcoin

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A Q2, 2022 update by Telsa shows the company sold 75% of its bitcoin holdings, adding $ 936 million in cash to its balance sheet.

Today, it was announced in a Q2 update by Tesla that the electric car manufacturer had sold 75% of its bitcoin holdings. 

“As of the end of Q2, we have converted approximately 75% of our Bitcoin purchases into fiat currency,” the update stated. “Conversions in Q2 added $ 936M of cash to our balance sheet.” 

Tesla held around a total of 42,000 BTC at the start of Q2, and sold the majority of the bitcoin at an average price of ~$ 29,000.  Read more...

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How This Elon Musk Company Has Enable DOGE Payments For Las Vegas Transportation

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Elon Musk-owned Boring Company has enabled Dogecoin (DOGE) payments for Loop. The new payment option will allow customers to pay for rides on the Tesla-powered Las Vegas transit system.

Related Reading | Cardano Technical Architect: “We Have Many New Technical Development In The Pipeline”

These rides let people take a ride around the city at 35 miles per hour (mph), according to a report from CNN, in a subway-like transportation surface transportation system. The DOGE payment option was announced last Friday, July 1, 2022, at the Las Vegas Convention Center.  Read more...

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