CryptoX – Cryptocurrency Analysis and News Portal DOGE jumped more than 10% on Tuesday afternoon after the move. Source The post Dogecoin Gains 12% After Token's Symbol Replaces Blue Bird as Twitter Logo appeared first on CryptoX. CryptoX Portal
Tesla and Twitter CEO Elon Musk has asked a U.S. judge to dismiss a $258 billion lawsuit filed against him by dogecoin investors. They alleged that the billionaire operated a pyramid scheme to promote the meme cryptocurrency dogecoin. “There is nothing unlawful about tweeting words of support for, or funny pictures about, a legitimate cryptocurrency that continues to hold a market cap of nearly $10 billion,” Musk’s lawyer argued. Elon Musk Wants Court to Dismiss Lawsuit by Dogecoin Investors Elon Musk, CEO of Tesla and Twitter, asked a U.S. judge…
Elon Musk, the CEO of Tesla Inc, has requested a US judge dismiss a $258 billion lawsuit against him by Dogecoin (DOGE) investors. The lawsuit accuses Musk of running a pyramid scheme to support the popular cryptocurrency, Dogecoin. In a court filing on Friday, Musk’s lawyers referred to the lawsuit as a “fanciful work of fantancy.” They argued that the investors had failed to provide any evidence of fraud or explain how Musk intended to defraud anyone. They further added that Musk’s tweets about Dogecoin were innocent and silly and…
Elon Musk and his lawyers reportedly requested a United States judge to dismiss the $258 billion lawsuit filed by investors who alleged that he operated a pyramid scheme to promote the cryptocurrency Dogecoin (DOGE). According to an April 1 Reuters report, Elon Musk’s lawyers referred to the lawsuit filed by Dogecoin investors, a “fanciful work of fiction,” in Manhattan’s federal court on March 31. It was reported that Musk’s lawyers referred to his Dogecoin statements as “innocuous and often silly tweets,” in an effort to convince the judge to “throw…
Major crypto exchange Bitpanda is listing Floki Inu (FLOKI) after the meme token surged more than 300% this year. The Austrian-based exchange says investors can start trading FLOKI on their platform beginning March 17th. “Less than 24 hours until we let the dogs out! Well FLOKI more specifically.” The Dogecoin (DOGE) and Shiba Inu (SHIB) competitor is celebrating how the listing will make it easier for those living in Europe to invest in the token. “Bitpanda will be listing FLOKI on the 17th of March! With over 4 MILLION users,…
The market saw higher-than-usual volatility this week following the collapse of crypto-friendly banks over the weekend. Original
The bug pertains to the way peer-to-peer communications are conducted on blockchain networks, such as Litecoin and Zcash. Source
Dogecoin (DOGE) pared some losses versus Bitcoin (BTC) on March 10, a day after the DOGE/BTC pair fell to its lowest level since October 2022. Can DOGE price see an extended rebound ahead? On the daily chart, the DOGE/BTC pair reached 331 sats, up 4.75% compared to the previous day’s low of 316 sats. The bounce occurred around a multi-month descending trendline, which has capped the pair’s downside moves since November 2022. DOGE/BTC daily price chart. Source: TradingView DOGE price vs. BTC Interestingly, the DOGE/BTC descending trendline appears part of…
Shiba Inu’s rate of token burns has skyrocketed nearly 8,000% as the SHIB community welcomes yet another listing from a major crypto exchange. According to Shibburn, which keeps track of SHIB burning, the burn rate suddenly exploded 7,900% on Friday as 43 million tokens were burned in a single day. “HOURLY SHIB UPDATE SHIB Price: $0.00001137 (1hr 0.13% ? | 24hr -5.18% ? ) Market Cap: $6,699,607,943 (-5.47% ?) Total Supply: 589,614,707,812,657 TOKENS BURNT Past 24Hrs: 43,192,603 (7909.09% ?) Past 7 Days: 148,357,592 (-19.8% ?)” At time of writing, over…
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Cardano founder Charles Hoskinson believes that Bitcoin mining should be stopped and that all existing units of the assets should be converted into wrapped Bitcoin. Why is that? According to Hoskinson, if Bitcoin’s network is shut down, it can continue to exist as wrapped Bitcoin on other networks. In his view, the industry would not need the proof-of-work consensus mechanism because it is the “gold mine” to get the asset. The Cardano founder highlighted that Bitcoin’s “gold mine” consumes a lot of…