Tesla’s Elon Musk Wants Coinbase to Become DOGE-Friendly
Tesla CEO and unabashed dogecoin fan Elon Musk wants the Coinbase exchange to end its “No DOGE Allowed” policy and list the meme-based cryptocurrency.
Musk tweeted an exclamatory “Yes” on Saturday after a Twitter user asked the billionaire investor whether Coinbase should enable the Shiba Inu-represented cryptocurrency on its platform.
A listing on Coinbase would expose dogecoin to a whole new breed of investor and thus unleash its potential. That’s because the U.S.-regulated exchange is considered synonymous with institutional investors and high net worth individuals. Tesla bought bitcoin worth $1.5 billion in February via Coinbase.
Recommended News
-
How Coinbase’s Wild Earnings Stack Up Against Normie Financial Firms
Based on earnings estimates announced Tuesday, nothing else in the financial services industry really compares to Coinbase right now. Wedded to the rising fortunes of cryptocurrencies themselves, soon-to-list Coinbase expects to make more money in the first quarter of this year than in all of 2020, and has seen an exponential rise in engaged customers. Coinbase’s revenue for the first three months of 2021 is expected to be $1.8 billion with earnings of about $800 million, compared with $1.3 billion in revenue and earnings of $322 million for all of 2020. Crypto is…
-
Coinfans Cloud hashrate leads the digital mining Bitcoin bull market feast
Cloud hashrate mining has become the mining choice of more and more miners in the past two years. Especially in the current period when currency prices continue to soar and break new highs continuously, Cloud hashrate mining has become an important magic weapon to seize the Bitcoin bull market. Cloud hashrate mining, as the name suggests, usually refers to the computing power leasing service provided by large mining farms. Miners users can purchase computing power contracts on the mining platform, thereby earning the bitcoins mined by the corresponding computing power. www.bi-fans.com…
-
KHC ATTACK:technology is the primary productive force
In 2009, some digital assets such as bitcoins and their successors ethereum、Ripple, jumped a thousand fold in just a few years, attracting investors from all over the world. Investing in digital assets has been increasingly accepted by people around the world，and it has become a new way of value investment , which contains the lure of sudden wealth. What‘s more ,the huge future value and development prospects of the blockchain. However, the development of blockchain industry has just been through 10 years. The industry is still in the early stage, so there is no uniform standards…
-
Bitbase The rising star of the blockchain trading platform track
The digital economy is an intelligent stage characterized by the deep mining and integrated application of blockchain, artificial intelligence and big data. In the face of new social conditions, the digital economy is booming, giving full play to the benefits of technological innovation and changing the current technology The way of application is to give play to the empowering role of technology to society. Under the wave of blockchain technology, the breakthrough in the financial field is epoch-making. Various forms of “blockchain+” applications have been launched. Blockchain technology has accelerated…
-
Bitcoin Transfer Worth $806M Might Reveal Big Institutional Purchase
Digital-asset traders and analysts were scrambling Tuesday to assess a fresh data point extracted from the Bitcoin blockchain: Some $806 million worth of the cryptocurrency apparently transferred earlier in the day off of the Coinbase exchange’s institution-focused unit, Coinbase Pro. The jury is out on what it means. It could be that a large investor or several just completed a fresh round of buying and now are taking the bounty off the exchange for long-term holding or other purposes. Or it might be something else more innocuous, such as an…
-
Since ONP launched the liquidity mining policy on January 21, 2021,
Since ONP launched the liquidity mining policy on January 21, 2021, the 48-hour-accumulated liquidity-pool pledge volume has exceeded USD 1,000,000. According to the latest news, the entire aggregated decentralized oracle network – ONP (Oracle Network Protocol) has kicked off the liquidity mining policy upon Uniswap Exchange on January 21, 2021. And the total 48-hour accumulated liquidity pool has been more than USD 1,000,000. ONP (OracleNetworkProtocol) is an aggregated decentralized oracle network based on the theories of Chainlink and Bandprotocol, which can realize safe, smooth and high-efficiency information-data interconnections between block-chain and the reality, as well…
-
Tribute to IPFS What is the origin of the capital-hungry MVS Mining World Space?
Along with the rapid development of cloud computing, big data, Internet of Things, artificial intelligence and other information technology and the transformation of traditional industry digitalization, the volume of data shows geometric growth, the global data volume will grow from 16.1ZB in 2016 to 163ZB (about 180 trillion GB) in 2025, 5G online after the massive data explosion, to 2 trillion data storage market in 2018, for example. IBM predicts a 44-fold increase in the volume of stored data in 2022, which is 88 trillion market size. IPFS (Inter…
-
DEFI New Finance: New HS Network Coming Out
Digital currency is the product of block chain technology. Block chain (Blockchain) refers to the technical scheme of maintaining a reliable database collectively through decentralization and distrust. From the perspective of financial accounting, block chain can be regarded as a highly trusted network electronic account book with full node participation. With the deep application of block chain technology, the value of digital currency in the future will become increasingly prominent. HS Network is a block chain DEFI Token trading platform based on Ethernet technology. Built by the Global Ecological…
-
Crypto Long & Short: Is ETH Coming to Corporate Balance Sheets?
MicroStrategy, Tesla and Square have done it. So have many others, although more quietly. I’m talking about holding corporate treasury reserves in bitcoin (BTC, +1.92%). This trend is attracting attention even from trade press. Consultancies and crypto companies are scrambling to launch services to help businesses navigate the process. “Mad Money” host Jim Cramer thinks it’s “almost irresponsible” for companies to not do so. This week, sponsored content from Deloitteexplaining the benefits and risks appeared in the Wall Street Journal. You’re reading Crypto Long & Short, a newsletter that looks closely at the forces driving cryptocurrency markets. Authored…
-
Caitlin Long’s Avanti Raises $37M Ahead of Crypto Bank Launch
Crypto bank Avanti raised $37 million from Series A investors as it prepares to take its digital banking operations online. In a press release, parent company Avanti Financial Group said Coinbase Ventures, Binance.US, Morgan Creek Digital, Slow Ventures and the University of Wyoming Foundation, among others, participated in the funding round. Avanti has raised $44 million total, the group said. Avanti said it will put the funds toward meeting regulatory capital requirements and further invest in its engineering team. It gained special-purpose depository institution (SPDI) status in October, joining fellow Wyoming-based crypto…
