However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind: Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at Investing.com’s discretion. Will the Rocket Man eventually do for Cardano what he did for Bitcoin and Doge? 2 Sectors To Buy, 1 To Avoid As Wall Street’s Q1 Earnings Season... U.S. Dollar – Why It Failed To Rally On Strong Retail Sales, Helium And Qtum: 2 Cryptocurrencies Worth Watching. While Musk has commented on Bitcoin in the past, he never really addressed the underlying technology. ProfitFarmers Pump Watch: Why XRP, LTC and WRX are coins you shouldn’t ignore…. After much anticipation, Coinbase listed on the Nasdaq on Wednesday via a direct listing. For the next few weeks he continued to hint at his interest in Bitcoin until he finally announced that Tesla (NASDAQ:TSLA) would buy a few BTC itself. ... Buying ADA is a four-step process: Obtain one of Cardanoâs wallets. Are you sure you want to block %USER_NAME%? Dogecoin surged over 10% after Elon Musk tweeted about taking the cryptocurrency to the moon. â Elon Musk (@elonmusk) March 24, 2021 This shows how bullish Tesla is on its Bitcoin (BTC) bet and the future of the worldâs largest cryptocurrency. Legals â Elon Musk (@elonmusk) March 14, 2021. He has since worked as a columnist on crypto coins covering advances, falls and rises in the market, bifurcations and developments. Donât defy DeFi â Elon Musk (@elonmusk) March 25, 2021 Most of us would expect that the finance and tech-savvy Musk knows a thing or two about crypto, but it seems he needed a tweet from business intelligence guru and Bitcoin enthusiast Michael Saylor to even think about buying BTC as a part of Tesla’s hedging strategy. Please wait a minute before you try to comment again. In the end, it seems that this relationship worked out fine as Musk made it clear both he and his kids own, and mine, Dogecoin. This seems to be a reference to the upcoming Mary hard fork scheduled for March 1 mainnet deployment. Enso raises $5M as YFI hits new highs, ECB endangers itself by waiting around on digital euro, says ConsenSys exec, Direxion Daily Junior Gold Miners Bull 2X Shares. If you continue to use this site we will assume that you are happy with it! Many institutions are buying ⦠ConsenSys South... We encourage you to use comments to engage with users, share your perspective and ask questions of authors and each other. The European Central Bank will put itself in jeopardy if it waits around a digital euro too long, according to an executive at major cryptocurrency firm ConsenSys. Replace the attached chart with a new chart ? Thanks to him, all eyes are on Cardano now. To some, this isn’t surprising. Readers are requested to form their own opinions on the contents of this website and to seek professional and independent advice before making concrete investment decisions. The musical non-fungible token also displays⦠... All thanks to incredible retail and institutional buying interest. But what will it mean for the market? Your ability to comment is currently suspended due to negative user reports. In addition, the popular YouTuber “Altcoin Daily” has published a video in which he presented “evidence” about the possibility of Musk buying Cardano (ADA) and Ethereum (ETH). We cover Capital & Celeb News within the sections Markets, Business, Showbiz, Gaming, and Sports. Read more! This section begins with the following line, “Cardano is a fork in the road.” The YouTuber made a connection between the above with Musk’s profile picture. The speculations say that Musk could be referring to the programming language or the âKâ parameter. Having so much attention focused on one person who seems to be well-versed in memes can have a positive long-term effect on the cryptocurrency space as a whole. Wall Street Opens Higher as Banks, Housing Keep Mood Buoyant; Dow up... Chinese Growth, Housing Starts and Vaccine Booster Shots - What's up... Morgan Stanley Falls Premarket; DraftKings, Alcoa Rise, World stocks set fresh record high on strong China, U.S. data. Elon joined the fun and memes for a while until he realized that Doge isn’t distributed fairly. Since you’ve just unblocked this person, you must wait 48 hours before renewing the block. Even if you only took a glimpse at “crypto Twitter” in recent weeks, you had to notice that Elon Musk has been tweeting about cryptocurrencies. Elon Musk is notorious for shilling Dogecoin quite often and Bitcoin a few of the times post-Teslaâs $1.5 billion Bitcoin purchase. Crypto News Flash is your number one source for the latest news and information from the world of cryptocurrencies. Elon and Cardano The newest cryptocurrency that seems to have caught Muskâs eye is Cardano. Learn more about this distinctive company and why buying its tokens might be a smart move. Crypto-news-flash.com uses Cookies to ensure the best experience for you. Any opinions provided, including e-mails, live chat, SMS or other forms of communication across social media networks do not constitute a suitable basis for an investment decision. Elon Musk’s Influence In Crypto. The Dogecoin community has to be the most wholesome one on the internet. Are you sure you want to delete this chart? Binance announces support for KEYFI and KEY airdrop, Crypto Banter’s Ran Neuner will run a community node for COTI, Dogecoin is just a bubble and a mockery of crypto: Cardano founder, South Korean city threatens to confiscate citizens Bitcoin as Turkey issues ban. Another NFT Craze The track, which is about NFTs, features an animated gold trophy inscribed with "vanity trophy" and "HODL." Michael Saylor. httpss://www.youtube.com/watch?v=6aMlNrrb6t0&feature=youtu.be. The theory that took hold was that Musk was “trolling” Cardano. This comment has already been saved in your, Gold Closes in On $1,800 After Strongest Week in 4 Months, Wall Street Opens Higher as Banks, Housing Keep Mood Buoyant; Dow up 175 Pts, Chinese Growth, Housing Starts and Vaccine Booster Shots - What's up in Markets, Silver: The 'Real Gold' In Biden’s Green World, 2 Sectors To Buy, 1 To Avoid As Wall Street’s Q1 Earnings Season Begins, Coinbase Stock Is A Great Bet, But Rife With Risks, Vanguard Total Bond Market II Index Fund Investor, PIMCO Commodity Real Return Strategy Institutional, SG FTSE MIB Gross TR 5x Daily Short Strategy RT 18, Vontobel 7X Long Fixed Lever on Natural Gas 8.06, Scaramucci surprised at lack of banking response to Coinbase listing, Is DeFi yield appetite rising again? Chand believes companies like Elon Muskâs Tesla, which holds 1.5 billion in BTC, will eventually move some funds to ETH, DOT and ADA. In a March 15 tweet, Tesla CEO Elon Musk announced the sale of his new Techno music track produced as a non-fungible token (NFT). Currently (i.e. Available evidence suggests that after Musk realized the potential of cryptocurrencies, he started learning more about them and soon began singing the praises of one currency in particular – Dogecoin. Elon Musk. In a recent ... nor does CryptoSlate endorse any project that may be mentioned or linked to in this article. ... as the protocol soars in popularity every day. Reddit 5 hours Ripple becomes tidal wave, leads weekend pump and notches legal victories Cointelegraph 6 hours Uniswap was born on a Reddit thread by u/vbuterin Reddit The Cardano community saw this as a greater step for Cardano and its role in the digital economy. About us Is Musk Endorsing Cardano (ADA)? Please note that all comments are pending until approved by our moderators. Reynaldo Marquez has closely followed the growth of Bitcoin and blockchain technology since 2016. He recently showed his support only to raise concern a few days later. You can’t blame him for that. Economic Events and content by followed authors. Donât defy Defi. The information found on this site does not contain any information or messages, but is intended solely for information and personal use. A LOT. When Musk changed his Twitter bio to “Meta for K,” he also made a change to his profile picture; in this picture, there was a junction in the middle of a road that was split in two, representing “a fork in the road.” This was also a reference Hoskinson pointed out. Cardano is a cryptocurrency platform unlike any other. As with Bitcoin, he went back and forth with Doge. Read our latest stories including opinions here. httpss://twitter.com/CryptoCalamari1/status/1364351027793821700. Cardano ADAâs positive movement today has the cryptocurrencies soaring to new highs. Some are buying it as ⦠Data protection policy. Elon Musk just made the official announcement on Twitter. The newest cryptocurrency that seems to have caught Musk’s eye is Cardano. httpss://twitter.com/IOHK_Charles/status/1364350825271685122, One community member commented that the programming language will allow the process of upgrading systems to be simplified. 5 hours Experiment Week 6: What if you kept buying terrible performing coins? He says the company will hold on to and accumulate all BTC earned from sales of the companyâs suite of electric cars. Referring to a presentation by Hoskinson explaining how developers will be able to migrate from Ethereum to write smart contracts on Cardano using JavaScript and C#, the community member explained that “K” will be a “game changer.”. Charles Hoskinson, the founder of Cardano, is convinced this is the case. You alone bear the risk for your investment decisions. Only time can tell. For that, we have to fast forward to the recent future. Sign up to create alerts for Instruments, Thanks for your comment. Hoskinson spoke of several signs that point to the veracity of this thesis. The Cardano community speculates on Elon Muskâs possible âtrollingâ of the cryptocurrency and an ADA purchase announcement. In 2013 he noted that Bitcoin is definitely an innovation, but he claimed it will mostly be used for illegal transactions. as of 12:58 UTC on March 24), according to data by CryptoCompare, Bitcoin is trading around $56,883, up 3.19% in the past 24-hour period; as for the year-to-date (YTD) period, Bitcoin is up 96.33%. %USER_NAME% was successfully added to your Block List. He recently changed his Twitter profile picture to feature a fork literally stabbed into a road accompanied by the bio: “meta for k.”. The content of this website solely reflects the subjective and personal opinion of the authors. On January 10th Musk tweeted that “Bitcoin is *not* my safeword” (after previously saying it was his safeword before immediately saying he was joking). Musk works on space technology and constantly follows developments in other industries. © 2007-2021 Fusion Media Limited. However, for the moment, everything remains seems to be pure speculation and fun. Contact us You can now buy a Tesla with Bitcoin â Elon Musk (@elonmusk) March 24, 2021 âTesla is using only internal and open source software and operates Bitcoin nodes directly. any of each other's Investing.com's posts. Your status will be reviewed by our moderators. âTo the moonâ is a popular term used in crypto and amateur investing circles to describe an asset in a strong uptrend that seems to never stop going upward, i.e. All signs seem to be pointing in that direction, but remember, the Prophet from Pretoria isn’t always sober when he’s tweeting. As evidence of the theories, community members believe that the entrepreneur’s surname “Musk” (Musk Lorikeet bird’s name) matches Hoskinson’s announcements about the arrival of “birds“. Last month in mid-February 2021, Tesla made the official announcement of purchasing $1.5 billion worth of Bitcoins at the price of around $33K. Even Cardano creator and IOG CEO Charles Hoskinson reinforced the theory in a Twitter post. Shiba Inu is the Japanese canine breed thatâs used as the face of Dogecoin (DOGE), a crypto asset that has a history of pumping whenever Musk tweets about it. This time, however, Shiba Inu (SHIB) appears to have benefited much more than DOGE from Muskâs most recent antics. Risk warning and disclaimer: The contents of this website are intended solely for the entertainment and information of readers and do not provide investment advice or a recommendation within the context of the Securities Trading Act. However, now he has set his eyes on the defi market, the biggest success story from the crypto space in 2020. It may therefore take some time before it appears on our website. And Elon aside, it is always best to do your own research and invest responsibly. Musk tweeted. Elon Musk Being Elon Musk Now, the funny part is the fact that people arenât even convinced that the tweet itself will be sold. While he and his tweets are lightning rods for SEC scrutiny, Musk also generates a lot of attention from potential crypto investors. All Rights Reserved, This article has already been saved in your, Avoid profanity, slander or personal attacks. For example, the “K” in Musk’s bio could refer to the meta-program language called K, which was developed by Runtime Verification, one of Cardano’s partners. Musk could also be referring to the “K” parameter used to configure Cardano’s staking rewards. The appetite for DeFi is rising again as blue chips are rallying and yield-earning strategy-sharing platforms, like Enso, are on the rise. By doing so, you and %USER_NAME% will not be able to see In the video, the YouTuber cited as evidence the purpose of Cardano, which is described on its official website. Drawing conclusions from that interview alone, however, won’t give us a clear picture on where he stands. None of the information shown constitutes an offer to buy or sell futures contracts, securities, options, CFDs, other derivatives or cryptocurrencies. NFT Platform Refinable Announces Strategic Investment From AU21 Capital. Elon Musk changes his Twitter bio to “meta for k” – is he really trolling Cardano? He believes that crypto coins and blockchain technology will have a great positive impact on people's lives. Whatever he meant, the result was even more chatter about BTC on Twitter. After Elon Musk changed his Twitter bio to “Meta for K,” wild speculation began today within the Cardano community about whether the Tesla CEO may have been making a reference to the cryptocurrency. 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Site does not contain any information or messages, but he claimed it will mostly be used for illegal.! The company will hold on to and accumulate all BTC earned from of! Purchase announcement already been saved in your, Avoid profanity, slander or personal attacks joined the fun memes... To raise concern a few days later meta for K ” parameter used to configure Cardano ’ s rewards... Flash is your number one source for the moment, everything remains to.
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