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Crypto This Week: Mark Zuckerberg Names His Goat Bitcoin and Dogecoin Goes to the Moon The Street Crypto: Bitcoin and cryptocurrency news, advice, analysis and more. Search.
Musk even sent a tweet saying that SpaceX would literally put Dogecoin on the moon. Mark Zuckerberg Has a Goat Named Bitcoin. The cryptocurrency community has always drooled over the news of the next billionaire or company to buy Bitcoin.
What is SafeMoon? Your guide to the cosmic-themed cryptocurrency.
A relatively new cryptocurrency is trying to reach the moon, like Bitcoin, Ethereum, and Dogecoin before it. SafeMoon, which debuted in March, has received increased buzz recently, based on a pitch that it will avoid the wild price fluctuations endemic to Bitcoin, Ethereum, and more recently, Dogecoin.
To the moon? Cryptocurrency market cap surges past 2 trillion Crypto News Al Jazeera. play. search. facebook. twitter. whatsapp. rss. instagram-colored-outline. youtube. twitter. facebook.
More Show more. To the moon? Cryptocurrency market cap surges past 2 trillion. Bitcoin is worth more than 1 trillion alone after its price more than doubled in 2021, and the five next biggest cryptocurrency coins have a combined value of about 422bn.
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US banks take diverging bets on direction of interest rates. Bond bankers and investors cry foul over rule change. Bitcoin exchange traded funds prepare for US debut. US stocks have best week since July on strong corporate earnings. Rising inflation pierces investor complacency.
Elon Musk clarifies that Tesla has not sold any Bitcoin.
However, Musk seems to have reversed course in recent weeks in favor of dogecoin, the meme-inspired cryptocurrency. Tesla last week also suspended" vehicle purchases using bitcoin, out of concern over rapidly" increasing use of fossil fuels for bitcoin mining" The price of bitcoin dropped about 5% in the first minutes after Musk's' announcement. Musk has since been hitting back on Twitter against users who are critical of his cryptocurrency stance. Influential venture investor Fred Wilson, a founding partner of Union Square Ventures, tweeted Friday: He's' playing games. It is hard to take anyone who does that seriously. I've' lost enormous respect for him over the last year because of it." Wilson added, Deep" respect for what he does with his talents. Less for what he does with his tweets." Musk is also pushing further into dogecoin. His aerospace venture, SpaceX, announced last week it would accept dogecoin as payment to launch DOGE-1" mission to the Moon" His endorsements have helped boost the price of the coin, pushing acceptance among some traders.
What is SafeMoon? Price, where to buy, news and more Tom's' Guide. logo.
SafeMoons unique feature is that it charges a 10% fee to anyone who sells their tokens; 5% of this fee is then redistributed to all other SafeMoon owners, essentially rewarding those who hang onto their tokens and disincentivizing selling. One criticism of cryptocurrencies like Bitcoin is how theyve strayed from their original goal of providing a working, decentralized currency to simply become investable commodities; its not clear what, if anything, youll actually be able to buy with SafeMoon, but the selling fee is at least encouraging owners not to just buy and sell their tokens for now. SafeMoon could also be seen as a more serious take on Dogecoin, the tongue-in-cheek altcoin with an unofficial rallying cry of To the moon SafeMoons slogan is Safely to the Moon.

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