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Elon Musk did not volunteer his sperm to seed a colony on Mars

Billionaire tech CEO Elon Musk is certainly very hands-on with his work, but not to that extent, apparently.

Elon Musk has denied a New York Times report suggesting he had volunteered his sperm to help seed a colony on Mars.

The July 11 report suggested that Musk had quietly directed his team to plan an off-world habitat that could survive Mars’ hostile environment.

One team is looking at plans for “small dome habitats,” including materials that could be used to build them. Another is working on spacesuits that could survive Mars’ freezing extraterrestrial climate — made up of 95% carbon dioxide and only 0.13% oxygen — while a third is researching whether humans could have children there.

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Bitcoin to Reach $87K in 2024 and $383K by 2030, Finder Survey Predicts

Scammers Ask for Crypto on Fake SpaceX Elon Musk Livestream by Dubbing an AI Voice Over Real Video: Report

Scammers Ask for Crypto on Fake SpaceX Elon Musk Livestream by Dubbing an AI Voice Over Real Video: Report

A new report shows that over 100,000 people viewed a fake SpaceX livestream combining real video with an artificial intelligence (AI)-generated Elon Musk voiceover. According to a report and screenshot from TrustNodes, over 125,000 people were watching a SpaceX livestream on a fake YouTube channel with a QR code asking for crypto donations on the […]

The post Scammers Ask for Crypto on Fake SpaceX Elon Musk Livestream by Dubbing an AI Voice Over Real Video: Report appeared first on The Daily Hodl.

Bitcoin to Reach $87K in 2024 and $383K by 2030, Finder Survey Predicts

On-Chain Analysis Reveals Tesla Has 11,509 Bitcoins and Spacex Owns 8,285 BTC, Says Arkham

On-Chain Analysis Reveals Tesla Has 11,509 Bitcoins and Spacex Owns 8,285 BTC, Says ArkhamCrypto analytics firm Arkham claims to have identified the bitcoin holdings of Elon Musk’s companies, Tesla and Spacex. “The on-chain fund flows we’ve identified match financial statements from Tesla and Spacex,” the firm detailed, stating: “We are the first to publicly identify these holdings on chain.” Bitcoin Holdings of Tesla and Spacex Crypto analytics firm […]

Bitcoin to Reach $87K in 2024 and $383K by 2030, Finder Survey Predicts

Tesla and SpaceX Currently Hold $1,340,000,000 in Bitcoin Across 96 Addresses, Says Blockchain Intelligence Firm

Tesla and SpaceX Currently Hold ,340,000,000 in Bitcoin Across 96 Addresses, Says Blockchain Intelligence Firm

New data reveals that two companies owned by billionaire Elon Musk hold over $1.3 billion worth of Bitcoin (BTC) across multiple addresses. According to blockchain analytics firm Arkham Intelligence, Tesla and SpaceX currently hold $1.34 billion worth of the top crypto asset by market cap across 96 combined wallet addresses. “Arkham has identified the BTC […]

The post Tesla and SpaceX Currently Hold $1,340,000,000 in Bitcoin Across 96 Addresses, Says Blockchain Intelligence Firm appeared first on The Daily Hodl.

Bitcoin to Reach $87K in 2024 and $383K by 2030, Finder Survey Predicts

The Dogefather? Biopic of Dogecoin Fan Elon Musk Reportedly in Works at Major Hollywood Studio

The Dogefather? Biopic of Dogecoin Fan Elon Musk Reportedly in Works at Major Hollywood Studio

A biopic about longtime Dogecoin (DOGE) proponent and billionaire Elon Musk is reportedly in the works at a major movie studio. According to a new report by Variety, a film about the business magnate is in development at A24 Films, with Darren Arosfksy as its director. Arosfksy is known for directing hits such as Black […]

The post The Dogefather? Biopic of Dogecoin Fan Elon Musk Reportedly in Works at Major Hollywood Studio appeared first on The Daily Hodl.

Bitcoin to Reach $87K in 2024 and $383K by 2030, Finder Survey Predicts

SpaceX sold $373M worth of Bitcoin acquired in 2021-2022: Report

Elon Musk announced in 2021 that SpaceX had some Bitcoin holdings following an SEC filing showing Tesla planned to purchase $1.5 billion worth of the cryptocurrency.

Aerospace technology firm SpaceX reportedly sold roughly $373 million worth of Bitcoin (BTC) it acquired starting in 2021.

According to an Aug. 17 report in the Wall Street Journal, SpaceX recorded $373 million worth of Bitcoin holdings on its balance sheet in 2021 and 2022, but has since sold the crypto asset. The news outlet reportedly viewed documents on the firm’s financials showing roughly $5.2 billion in total expenses for 2022, and $5.4 billion in 2021 and 2022 for acquiring property and equipment in addition to research and development costs.

SpaceX CEO Elon Musk publicly announced in 2021 that the firm had acquired a certain amount of Bitcoin. This followed a U.S. Securities and Exchange Commission filing showing Tesla — another company co-founded by Musk — planned to purchase $1.5 billion worth of the crypto asset. The announcement likely contributed to BTC hitting a then all-time high price of more than $43,000.

According to Tesla's Q2 2023 earnings report, the firm had sold all but $184 million worth of its Bitcoin holdings. Tesla reported it had liquidated more than 30,000 BTC in the second quarter of 2022 for $936 million — roughly 75% of its $1.5-billion BTC original holdings. 

Related: Elon’s ‘not afraid of blowing things up’ — ex-Twitter exec on working under Musk

Musk, one of the richest people in the world, has often taken to social media to comment on certain cryptocurrencies including Dogecoin (DOGE) and Bitcoin, even briefly changing Twitter's then blue bird logo to the DOGE Shiba Inu. Since his $44-billion purchase of Twitter — later rebranded to X — in October 2022, he has suggested the platform could offer an ”entire financial world” including banking and payment services.

The timing of SpaceX’s reported Bitcoin sale is unclear, but the crypto market experienced a significant crash in 2022 amid the collapse of major firms including Terraform Labs. Many technology firms and financial institutions continue to hold Bitcoin and other cryptocurrencies.

Magazine: Simon Dixon on bankruptcies, Celsius and Elon Musk: Crypto Twitter Hall of Flame

Bitcoin to Reach $87K in 2024 and $383K by 2030, Finder Survey Predicts

Elon Musk’s Tesla Keeps Dogecoin (DOGE) As Payment Option While Removing Bitcoin (BTC): Blockchain Reporter

Elon Musk’s Tesla Keeps Dogecoin (DOGE) As Payment Option While Removing Bitcoin (BTC): Blockchain Reporter

Billionaire Elon Musk’s Tesla is keeping Dogecoin (DOGE) as a payment option while removing the source code that once allowed Bitcoin (BTC) payments. According to blockchain report Colin Wu, the king crypto and Dogecoin have been present in the electric car manufacturer’s source code since January despite Tesla removing Bitcoin as a payments option in […]

The post Elon Musk’s Tesla Keeps Dogecoin (DOGE) As Payment Option While Removing Bitcoin (BTC): Blockchain Reporter appeared first on The Daily Hodl.

Bitcoin to Reach $87K in 2024 and $383K by 2030, Finder Survey Predicts

Dogecoin (DOGE) Drops 6% As Elon Musk’s SpaceX Test Rocket Launches, Explodes

Dogecoin (DOGE) Drops 6% As Elon Musk’s SpaceX Test Rocket Launches, Explodes

The price of popular meme asset Dogecoin (DOGE) dipped 6% today as tech billionaire Elon Musk’s SpaceX launched a test rocket only to explode shortly after. According to a new report by CNBC, the test launch of the company’s Starship rocket had a successful start until it blew up four minutes into its flight due […]

The post Dogecoin (DOGE) Drops 6% As Elon Musk’s SpaceX Test Rocket Launches, Explodes appeared first on The Daily Hodl.

Bitcoin to Reach $87K in 2024 and $383K by 2030, Finder Survey Predicts

Why is Dogecoin price up today?

Dogecoin price hits a four-month high after rallying 30% in a day with Elon Musk and Twitter playing a central role in the DOGE craze once again.

Dogecoin (DOGE) pared a portion of its massive daily gains on April 4 as investors speculated on the meaning behind Elon Musk's latest cryptic stunt.

Elon Musk pumps Dogecoin by over 30%

In what appears to be a late April Fool's joke, Musk-owned Twitter changed its official blue bird logo to mimic Dogecoin's symbol — a Shiba Inu dog featured in viral memes. Later, Musk tweeted a meme recognizing the change.

Over the years, Musk has historically influenced the Dogecoin market with his cryptic tweets. The billionaire investor calls himself "Dogefather" and has earlier discussed the prospects of adding a DOGE payment option for Twitter subscription services. 

His other ventures, Tesla and SpaceX, already accept DOGE for its merchandise products.

Dogecoin rose nearly 33% after Musk's tweet on April 3, reaching $0.104, its highest level since December 2022. DOGE price has pared a portion of its gains since, dropping to lows of $0.092.

DOGE/USD daily price chart. Source: TradingView

Interestingly, DOGE's ongoing run-up came after the news of Musk's lawyers seeking to end a $258 billion lawsuit against him for allegedly pumping Dogecoin prices.

In July 2022, the plaintiff had accused Musk of manipulating DOGE prices using his broad social media presence — including an appearance on Saturday Night Livewhich helped Dogecoin price rally "by more than 36,000% in two years" and crash afterward.

What's next for DOGE price?

From a technical perspective, Dogecoin eyes a short-term pullback after testing a strong selling area (purple) as resistance, as shown below. Also, the DOGE's daily relative strength index (RSI) has entered its overbought zone, which boosts its correction prospects in the coming days.

DOGE/USD daily price chart. Source: TradingView

As a result, a DOGE pullback scenario could have it drop toward $0.89 as its next downside target in April, down 10% from the current prices. This target level has served as resistance during the January-February uptrend earlier this year.

Related: Bitcoin price bounces after CZ arrest rumors as traders eye $30K next

Moreover, a decisive close below $0.89 could have the market eye $0.80 as their next downside target by April or May. This level, down about 20% from current prices, acted as support during the February-March correction phase and coincided with DOGE's multi-month ascending trendline support.

Conversely, independent analyst Crypto Kaleo sees Dogecoin rallying nearly 125% in the long term as it nears a breakout above a long-standing descending trendline resistance.

DOGE/USD weekly price chart. Source: TradingView/Crypto Kaleo

"When DOGE breaks out above the HTF downtrend here, I think $0.25 is a reasonable target," he said.

This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.

Bitcoin to Reach $87K in 2024 and $383K by 2030, Finder Survey Predicts

62% of Dogecoin hodlers in profit amid hopes of Twitter integration

DOGE price rallied 98.5% in the last seven days following Elon Musk's acquisition of Twitter, pushing the crypto into the eighth position in global crypto rankings.

Tesla CEO and billionaire Elon Musk’s acquisition of Twitter has tipped 62% of Dogecoin (DOGE) investors into profit, amid speculation that Musk’s Twitter-buy will be positive for the meme token.

DOGE’s price rallied on Oct. 26 when billionaire entrepreneur Elon Musk changed his Twitter bio to “Chief of Twit” — the same day he visited Twitter’s San Francisco-based headquarters before officially closing the deal as the new owner on Oct. 28.

In the past seven days, DOGE’s price has surged 98.5% to $0.119 at the time of writing, according to CoinGecko.

This means that as much as 62% of DOGE holders are “Making Money at Current Price” according to data from blockchain intelligence platform IntoTheBlock — which even beats out Bitcoin (BTC) and Ethereum (ETH) hodlers at 54% and 57% respectively.

The events have also triggered DOGE’s market cap to surpass smart contract platforms Cardano and Solana into becoming the 8th largest cryptocurrency in the world with a $16.3 billion market cap, according to CoinGecko.

The link between Musk’s Twitter purchase and DOGE’s massive price surge should come as no surprise as many Dogecoin investors have high hopes for Musk — nicknamed “The Dogefather” — to integrate Dogecoin onto Twitter in some shape or form.

Dogecoin fanatic and crypto blogger Matt Wallace told his 678,400 followers on Oct. 28 that he believes a Dogecoin-integrated Twitter would showcase “what #Dogecoin is capable of.”:

While Dogecoin fan page “Doge Whisperer” speculated that a Dogecoin-based tip system could be implemented for popular tweets:

Even Cardano CEO and founder Charles Hoskinson has weighed in — stating there is now a “real possibility” of Dogecoin integrating on to Twitter:

Hoskinson then went one step further by offering to migrate Dogecoin on to Cardano as a sidechain with embedded smart contract functionality for free.

Related: How Crypto Twitter could change under Musk’s leadership

In Jan. 2022, Tesla began accepting DOGE as a payment method for merchandise purchases, with Musk also hinting at doing the same thing at SpaceX in May. 2022.

The electric vehicle company also began accepting Bitcoin-based payment for its cars in Jan. 2021, despite the CEO taking the view that Dogecoin is “better suited for transactions” in Dec. 2021.

Bitcoin to Reach $87K in 2024 and $383K by 2030, Finder Survey Predicts