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

Opium, UMA to Launch Decentralized Insurance for SpaceX Flights

Opium is to offer a DeFi derivatives contract allowing users to hedge against the risk of a failed SpaceX launch.

SpaceX owner and Tesla CEO Elon Musk

Technology

Elon Musk Says Lightning Network 'Needed' to Scale Bitcoin for Now

A single-layer network like Bitcoin's could carry all humans transactions in the future, the Tesla CEO tweeted Friday.

Tesla CEO Elon Musk

Markets

Market Wrap: Capitulation City as Bitcoin Dumps to $31K, ETH to $2K Before Reversal

Liquidations, China and even Elon Musk may be factors in markets falling.

CoinDesk XBX Index

Mga video

Lyn Alden Schwartzer on Bitcoin’s Correction and Outlook

Lyn Alden Schwartzer, the founder of Lyn Alden Investment Strategy, discusses bitcoin’s outlook, inflation, and the good news about bitcoin she said that Elon Musk overshadowed.

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Markets

Market Wrap: Elon Taketh Away – Bitcoin Continues Fall as Options Traders Pile Into Puts

The crypto car drove to the dump Monday as most blockchain assets fell.

CoinDesk XBX Index

Finance

Musk Learns the Hard Way: Crypto Doesn't Need a Savior

Crypto doesn't want kings. Elon Musk is finding that out the hard way.

Tesla CEO Elon Musk.

Mga video

The Musk Factor? Twitter Storms Centering Around Tesla’s Bitcoin Holdings Sent Ripple Effects Through The Crypto Community

There was drama in the crypto world over the weekend as Elon Musk hinted Tesla could dump its bitcoin holdings. Though the self-described “Technoking” has since clarified Tesla has not sold any of its bitcoin, the markets are down. “The Hash” panel weighs in on the market reaction.

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