Revisiting Dorsey’s Hyperinflation Tweet: Elon, Wood, Saylor, Balaji, Chip In

Revisiting Dorsey’s Hyperinflation Tweet: Elon, Wood, Saylor, Balaji, Chip In

When the Square mastermind declared hyperinflation was coming to the US, the world shook. With a single tweet, Jack Dorsey lit a fire that keeps on burning. In that first article, NewsBTC compiled the first reactions to this dangerous idea. Then, we told you about Peter Schiff’s unimaginative response. Now, it’s time for the big guns. Ark Invest’s Cathie Wood answered with her deflationary theory, and Elon Musk, MicroStrategy’s Michael Saylor, and notorious financial podcaster Preston Pysh answered.  Related Reading | Michael Saylor Brings The Thunder To Venezuelan Bitcoin-Only....


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Is Hyperinflation Inevitable? Jack Dorsey Says It’ll “Change Everything”

When Square’s boss Jack Dorsey talks about hyperinflation, the world listens. And Twitter reacts. Since so-called developed economies are now feeling the pain that inflation brings, the concept is in everyone’s mind. Every human has a front-row seat to witness the consequences of the United State’s relentless money printing. And, since the Dollar is still the reserve currency of the world,  they’re all feeling it too. Related Reading | Bullish For Bitcoin: US Inflation Expectation Breaks Out From Decade Long Downtrend This is Jack Dorsey’s tweet: Hyperinflation is going to change....

Elon Musk, Michael Saylor Announce Bitcoin Mining Council

Elon Musk and Michael Saylor attended a private meeting with North American bitcoin miners to propel renewable energy use.

Dogecoin Makes Massive 11% Move After Elon Musk’s Tweet

Dogecoin has made a massive 11% move up in the last 24 hours following Elon Musk’s latest tweet with a rocket emoji in it. Dogecoin Surges Up 11% In The Past 24 Hours After Elon Musk’s Latest Tweet DOGE “father” Elon Musk made a tweet yesterday that had an ASCII figure with large ears, holding […]

Here’s how much Musk and Saylor’s tweets influenced crypto prices in Q2

Elon Musk and Michael Saylor have emerged as two of the most influential names in crypto. A new sentiment-driven analysis from The TIE and eToro USA reveal the extent of their influence. Elon Musk and Michael Saylor played a significant role in shaping crypto investor sentiment during the second quarter, underscoring just how nascent digital asset investing remains when compared with other, more established markets. Sentiment-driven analysis from The TIE and eToro USA reveals the extent to which Musk and Saylor impacted Bitcoin (BTC) values in the second quarter. The results were presented....

Elon Musk Shoots Down Crypto Wallet App Freewallet After It Tried to Ride His...

An attempt to capitalize on the ongoing hype around Dogecoin has backfired for the crypto wallet app Freewallet after it was called out online in a tweet from Elon Musk. Musk Proclaims ‘Your app sucks,’ In Blunt Tweet Directed at Freewallet Freewallet, riding on the Elon-Doge rocket of publicity, released a tweet telling people to buy and exchange Dogecoin in its crypto wallet app with a tag of the man himself. Tagging Elon Musk comes with its own risk, as apparent from the blunt reply: Your app sucks — Elon Musk (@elonmusk) February 10, 2021 An hour later, Musk decided....