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Elon Musk’s SEC Feud Sparks Outrage: Ripple, Ramaswamy, Palihapitiya Slam Corrupt Tactics

Elon Musk’s SEC Feud Sparks Outrage: Ripple, Ramaswamy, Palihapitiya Slam Corrupt TacticsElon Musk’s SEC battle has drawn criticism from Ripple’s legal chief, Vivek Ramaswamy, and Chamath Palihapitiya, who accuse the regulator of corruption, coercion, and partisan overreach. SEC Faces Backlash Over Elon Musk Case: Ripple’s Legal Chief Weighs in Elon Musk’s ongoing battles with the U.S. Securities and Exchange Commission (SEC) have sparked fresh debates over […]

Despite Bitcoin’s surge, mining stocks struggle to match gains in 2024

Could Bitcoiners embrace BlueSky, an X alternative that hit 25M users?

The social media platform has roughly doubled its number of users since November, suggesting it may have pulled some US-based X users after the presidential election.

The social media website initially kicked off by Twitter creator Jack Dorsey has hit more than 25 million users as some abandon or completely delete their X accounts, leading many to question how the platform will differ in content, moderation and tone. 

BlueSky reported that its total number of users had reached more than 25 million as of Dec. 12, roughly double the platform had after the United States election on Nov. 5. The social media site still comes up short compared to Meta’s Threads, which has more than 275 million monthly active users, and X, with more than 250 million daily active users as of 2022. 

It’s difficult to estimate the exact number of users who may have left X directly in response to Elon Musk purchasing the platform and becoming involved in US politics. Musk has also been a proponent of Dogecoin (DOGE), even proposing President-elect Donald Trump create a “government efficiency” position based on an acronym of the memecoin’s ticker symbol.

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Despite Bitcoin’s surge, mining stocks struggle to match gains in 2024

World ID trolls Spotify with ‘Unwrapped’ privacy meme

World’s seemingly playful jab at Spotify comes as the firm faces scrutiny.

World, formerly known as Worldcoin, recently posted an apparent spoof of Spotify’s “Wrapped” year-end user reports, lampooning the music streaming service’s data privacy practices. 

The seemingly playful jab came in the form of an image posted to X via World’s verified account with the statement, “World ID lets you & your actions stay anonymous online.” 

The attached graphic featured text and imagery in the style of Spotify’s “Unwrapped” data-centric usage reports, which are tailored to individual users. 

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Despite Bitcoin’s surge, mining stocks struggle to match gains in 2024

BlackRock Gobbles Up $2,600,000,000 Worth of Bitcoin (BTC) in Just One Week: Arkham

BlackRock Gobbles Up ,600,000,000 Worth of Bitcoin (BTC) in Just One Week: Arkham

New data from blockchain analytics firm Akham reveals that asset management titan BlackRock has gone on an aggressive Bitcoin (BTC) accumulation spree. In a new thread on the social media platform X, Arkham says that BlackRock – which has over $10 trillion in assets under management – bought billions of dollars worth of BTC in […]

The post BlackRock Gobbles Up $2,600,000,000 Worth of Bitcoin (BTC) in Just One Week: Arkham appeared first on The Daily Hodl.

Despite Bitcoin’s surge, mining stocks struggle to match gains in 2024

Dogecoin Markets Ignite: Elon Musk’s ‘Dogefather’ Memes Spark FOMO Frenzy 

Dogecoin Markets Ignite: Elon Musk’s ‘Dogefather’ Memes Spark FOMO Frenzy Dogecoin (DOGE) keeps climbing on Dec. 7, 2024, as technical data from its 1-hour, 4-hour, and daily charts point to persistent bullish energy. Adding to the buzz, interest has spiked thanks to DOGE-related posts shared by Elon Musk on X. Dogecoin The 1-hour chart highlights a robust uptrend for dogecoin (DOGE), with the price rebounding […]

Despite Bitcoin’s surge, mining stocks struggle to match gains in 2024

Man Loses £75,000 To Deepfake Elon Musk Investment Scheme: Report

Man Loses £75,000 To Deepfake Elon Musk Investment Scheme: Report

A man says he’s lost his entire life savings and incurred extensive debt after falling for a fraudulent investment scheme featuring celebrity deepfakes. Kitchen builder Des Healey saw a fraudulent ad on Facebook featuring money-saving expert Martin Lewis and billionaire Elon Musk promoting a non-existent Bitcoin investment strategy, BBC reports. Healey replied to the ad […]

The post Man Loses £75,000 To Deepfake Elon Musk Investment Scheme: Report appeared first on The Daily Hodl.

Despite Bitcoin’s surge, mining stocks struggle to match gains in 2024

$2 Trillion Coming to Bitcoin? Musk’s D.O.G.E Might Purchase Bitcoin With State Savings

 Trillion Coming to Bitcoin? Musk’s D.O.G.E Might Purchase Bitcoin With State SavingsKnown influencer and former kickboxer Andrew Tate presented a radical idea on social media: Elon Musk’s Department of Government Efficiency (D.O.G.E) might invest state savings in purchasing bitcoin, frontrunning the Congress to start building the rumored U.S. strategic bitcoin reserve. DOGE Might Redirect State Savings for Bitcoin Purchases The Department of Government Efficiency (D.O.G.E), the […]

Despite Bitcoin’s surge, mining stocks struggle to match gains in 2024

Elon Musk, the world’s richest man, hits record $348B net worth

The new wealth record has been driven by a Tesla stock surge late last week and a $50 billion funding round for Musk’s AI startup. 

Tesla CEO and tech billionaire Elon Musk is now richer than ever, with his net worth soaring to $348 billion, a new record high stemming from Donald Trump’s victory in the United States presidential election.

Elon Musk’s net worth hit an all-time high of $347.8 billion by the end of trading on Friday, Nov. 22, propelled by Tesla’s stock (TSLA) rally and a new $50 million funding round valuing his artificial intelligence startup xAI at $50 billion.

The previous peak of $335 billion was reached on Nov. 12, with Musk seeing almost a billion dollars per day added to his net worth over the past fortnight. Since the beginning of the year, Musk’s net worth has increased by 52%, which equates to a whopping $119 billion, according to the Bloomberg Billionaires Index. 

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Despite Bitcoin’s surge, mining stocks struggle to match gains in 2024

JPMorgan Casts Doubt on Elon Musk’s D.O.G.E. Pursuit of Federal Reform

JPMorgan Casts Doubt on Elon Musk’s D.O.G.E. Pursuit of Federal ReformJPMorgan has warned the Elon Musk-led Department of Government Efficiency (DOGE) will face significant hurdles, citing Congress’ control over spending. Elon Musk’s DOGE Sparks Debate as JPMorgan Casts Doubt on Its Feasibility JPMorgan Chase released a report on Nov. 22, evaluating the newly formed Department of Government Efficiency (DOGE). Established under President-elect Donald Trump and […]

Despite Bitcoin’s surge, mining stocks struggle to match gains in 2024

How high can the Dogecoin price go?

One analyst outlined the possibility of DOGE reaching $30+ by Jan. 19, 2025, based on historical performance. 

Dogecoin (DOGE) has rallied another 27% this week, reaching a new yearly high of $0.48 on Nov. 23.

The memecoin’s monthly gains are a whopping 236%, and it remains the third-highest traded crypto asset based on 24-hour trading volumes with $19.5 billion.

Top 5 crypto 30-day returns chart. Source: CoingGecko

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Despite Bitcoin’s surge, mining stocks struggle to match gains in 2024