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Elon Musk losing power over crypto community after latest tweets failed to boost dogecoin, bitcoin
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Cryptocurrency Jargon: A Guide for the Crypto-Curious
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The diamond hands reference was construed to be a desire not to sell Tesla’s
Bitcoin (BTC) holdings even in the present adverse market conditions.
The tweet also earned him the wrath of several in the cryptocurrency community with the author and entrepreneur Timothy Kim calling him the “most hated person in the world right now.”
While the diamond hands tweet did support the price of BTC temporarily, the downwards momentum is still strong. BTC traded 10.38% lower at $37,369.63 on a 24-hour basis at press time on Wednesday night.
On an intra-day basis, the apex coin hit a low of $30,681.50 and a high of $41,286.79.
About a week and a half ago now, Elon Musk, the CEO of Tesla, and one of the wealthiest individuals in the world appeared on SNL, where he referenced his favorite crypto, Dogecoin (DOGE/USD). Two days later, Musk’s company, Tesla, announced that it will no longer accept BTC payments for electric cars due to the […]
Elon Musk Rivalry With Jeff Bezos Continues: Tesla CEO Makes Apparent Dig
02/24/21 AT 10:43 AM
The rivalry between Elon Musk and Jeff Bezos has heated up as the Tesla (TSLA) CEO took what seemed to be an apparent shot at the former Amazon (AMZN) founder when The Washington Post reached out for an interview this week.
Musk and Bezos have had a long-standing history of taking digs at each other and the latest comment from the car genius seemed to be aimed directly at his adversary.
When Musk was contacted to do an interview for the Post’s article, “Elon Musk Moved to Texas and embraced celebrity. Can Tesla Run on Autopilot?” he replied to the new outlet’s request by saying, “Give my regards to your puppet master.”
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