Page 70 - Latest Updates on Elon Musk
Explained: Why cryptocurrency jumps and falls on Elon Musk's tweets
The value of a crypto depends solely on the equation between supply and demand, and demand is driven solely by sentiment
 "Explained: Why cryptocurrency jumps and falls on Elon Musk's tweets")
Musk loses world's second-richest ranking to LVMH's Arnault as Tesla dips
Tesla Inc chief Elon Musk lost his spot to LVMH Chairman Bernard Arnault as electric vehicle-maker's shares fell 2.2%. Musk now has a fortune of $160.6 billion, down 24% from its January high.
 "Musk loses world's second-richest ranking to LVMH's Arnault as Tesla dips")
Scammers impersonating Elon Musk steal more than $2 mn in cryptocurrency
Over the last six months, consumers have lost over $2 million in cryptocurrency to scammers impersonating Tesla and SpaceX CEO Elon Musk, according to the Federal Trade Commission (FTC)
 "Scammers impersonating Elon Musk steal more than $2 mn in cryptocurrency")
Elon Musk fuels Bitcoin volatility by saying Tesla hasn't sold stake
The drama started on Sunday after Musk sent a tweet that raised questions about whether Tesla might have already sold its stake
Amid volatility, Bitcoin rallies from three-month low on Musk's tweet
Musk said Tesla would not sell its bitcoin, but the cryptocurrency has dropped by almost a quarter since Musk's reversal on Tesla taking it as payment
 "Amid volatility, Bitcoin rallies from three-month low on Musk's tweet")
Bitcoin hits three-month low as Elon Musk drives investors to exit
Musk has boosted crypto markets with his enthusiasm for the asset class, but has lately roiled trade by appearing to cool on bitcoin in favour of its one-time parody, dogecoin
 "Bitcoin hits three-month low as Elon Musk drives investors to exit")
Dogecoin surges on Elon Musk tweet as crypto rollercoaster continues
Bitcoin fluctuated on Friday, and was trading at around $50,500 as of 6 am in New York
How murky legal rules allow Tesla's Elon Musk to keep moving markets
While consumer advocates said Musk was hurting investors and making a mockery of the public markets, it was unclear that he was breaking any rules simply by wielding his influence
 "How murky legal rules allow Tesla's Elon Musk to keep moving markets")
Roaring crypto cacophony drowns out rest of Wall Street in a wild week
Dogecoin wasn't the only canine-themed coin to take a tumble.
 "Roaring crypto cacophony drowns out rest of Wall Street in a wild week")
Elon Musk sends bitcoin tumbling with stunning reversal over payments
Bitcoin, the world's biggest digital currency, fell more than 7 per cent after the tweet and was trading at $52,669
Top headlines: Delhi's positivity rate at 1-month low; Bitcoin below $50k
Business Standard brings you stories that made the headlines on Thursday
 "Top headlines: Delhi's positivity rate at 1-month low; Bitcoin below $50k")
Musk decries bitcoin's 'insane' energy use after Tesla payment U-turn
Musk denounces amount of energy used to produce bitcoin; however, Tesla will retain bitcoin holdings
 "Musk decries bitcoin's 'insane' energy use after Tesla payment U-turn")
Bitcoin recoups some losses in Asian trade after Musk-triggered tumble
The price of the world's largest cryptocurrency dropped from around $54,819 to $45,700, its lowest since March 1, in just under two hours following the tweet
Bitcoin rebounds after Musk says Tesla will suspend using cryptocurrency
Bitcoin rebounded to about $50,000 in Asian trading on Thursday after plunging as much as 17% after Elon Musk tweeted Tesla Inc had stopped accepting bitcoin to purchase its vehicles
Elon Musk asks Twitter users if Tesla should accept Dogecoin
Billionaire Elon Musk and cryptocurrency aficionado on Tuesday asked his 54 million followers on Twitter "Do you want Tesla to accept Doge?", referring to a digital currency worth roughly 48 cents
'Do you want Tesla to accept Doge?' Elon Musk asks Twitter users
Musk's tweets this year have turned the once-obscure digital currency, which began as a social media joke, into a speculator's dream.
 "'Do you want Tesla to accept Doge?' Elon Musk asks Twitter users")
SpaceX accepts Dogecoin as payment to launch lunar mission next year
Mini-satellite will embark on voyage to the Moon in 2022
 "SpaceX accepts Dogecoin as payment to launch lunar mission next year")
Gaining currency
Large firms signal mainstream acceptance of crypto
Elon Musk to send cryptocurrency-funded satellite DOGE-1 to Moon
Elon Musk-run SpaceX is now accepting the new cryptocurrency Dogecoin to launch an upcoming satellite named DOGE-1 to the Moon
 "Elon Musk to send cryptocurrency-funded satellite DOGE-1 to Moon")
SpaceX to accept dogecoin as payment to launch lunar mission in 2022: Musk
Crypto currency lost more than a third of its price on Sunday, after the businessman called it a 'hustle'
