Elon Musk

Elon Musk is a prominent figure in the world of cryptocurrencies, known for his involvement and influence within the industry. As the CEO of Tesla and SpaceX, Musk has garnered significant attention for his interest and support of digital currencies like Bitcoin and Dogecoin. While his statements and actions have had a notable impact on the market, it is important to approach his involvement with a critical lens, considering the volatile nature of cryptocurrencies. Musk's tweets and public endorsements have often led to significant price fluctuations, causing both excitement and concern among investors.


Finance

Musk Takes Nearly $3B Stake in Twitter; DOGE Spikes

The Tesla CEO often uses the social media site to disseminate his views on crypto.

Tesla CEO Elon Musk (Getty Images, modified by CoinDesk)

Markets

Dogecoin Leaps to 1-Month High as ATM Operator Adds the Coin to Its Network

The cryptocurrency can now be traded at ATMs run by Bitcoin of America.

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Markets

Inflation Worries Top Concerns Before Fed Meeting, Spur Musk Comment

Surging prices for food, energy and housing have sent inflation in the U.S. to a four-decade high.

Producer Price Inflation Data (Pixabay, Photomosh)

Markets

Ukraine Expands Crypto Donations to Accept Dogecoin

The dog-themed meme coin joins bitcoin, ether, USDT, SOL and DOT as cryptocurrencies currently accepted by Ukraine.

Shiba inu, the dog breed that inspired dogecoin, now accepted among donations to Ukraine. (Getty Images)

Videos

What to Expect at President Biden’s State of the Union Address Tonight

President Joe Biden is expected to deliver the State of the Union address later this evening, CoinDesk Managing Editor for Global Policy and Regulation Nikhilesh De shares what to expect from Biden's remarks on inflation and other economic issues. Plus, a look into how the U.S. will respond to the Russia-Ukraine crisis and an update on the status of Elon Musk’s promised Starlink terminals for Ukraine.

Recent Videos

Videos

Russia-Ukraine Updates: SWIFT Ban, Starlink Activation and More

CoinDesk Managing Editor for Global Policy and Regulation Nikhilesh De joins “First Mover” to discuss the Russia-Ukraine crisis. De explains how the Central Bank of Russia may try to circumnavigate the ban from the SWIFT interbank messaging system and draws comparisons to 2012 when Iranian banks were blocked from the network.

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Policy

Elon Musk Steps Up to Save Ukraine's Internet, but Details Are Sparse

The tech billionaire activated his Starlink satellite internet service in the country and said terminals needed to access the service are on the way.

GRUENHEIDE, GERMANY - AUGUST 13: Tesla CEO Elon Musk talks during a tour of the plant of the future foundry of the Tesla Gigafactory on August 13, 2021 in Grünheide near Berlin, Germany. The US company plans to build around 500,000 of the compact Model 3 and Model Y series here every year. (Photo by Patrick Pleul - Pool/Getty Images)

Videos

Elon Musk Accuses the SEC of Harassment on Free Speech

Tesla CEO Elon Musk accused the U.S. Securities and Exchange Commission of harassment in a calculated effort to “chill” his right to free speech. The SEC closely watches the billionaire’s Twitter account with the concern he is manipulating the stock of Tesla.

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Videos

Meme Investing: From GameStop to AMC, Did Wall Street Still Win?

In the aftermath of the GameStop short squeeze, Wall Street Journal "Heard on the Street" editor Spencer Jakab discusses the key findings from his new book "The Revolution That Wasn't," explaining that meme investing from retail investors did little to change power dynamics on Wall Street. Plus, his take on Tesla CEO Elon Musk's influence on crypto.

Recent Videos

Finance

Tesla Records $101M Impairment Loss on Bitcoin Holdings for 2021

The company said it invested $1.5 billion in bitcoin in the first quarter of the year.

Tesla recharging. (Blomst/Pixabay)