..

Dogecoin Tumbles After Musk Calls it a "Hustle" on SNL

Written by:
Aaron Goldstein
Published on:
May/09/2021

For anyone thinking Elon Musk's appearance on SNL Saturday night might push the price of Dogecoin up, you would have been sadly mistaken.  Just the opposite occurred.

coinbase_0.gif

The Tesla chief and cryptocurrency supporter Elon Musk called the digital currency a ‘hustle’ during his highly anticipated guest-host appearance.

Musk, who displayed some decent comedy wit, was asked during an SNL segment of "Weekend Update", 'what is dogecoin', to which he replied, "It's the future of currency. It's an unstoppable financial vehicle that’s going to take over the world."

When a show cast member Michael Che countered, "So, it's a hustle?", Musk replied, "Yeah, it's a hustle." And laughed.

Dogecoin was quoted as low as $0.47 on crypto exchange Binance, down 28% from levels around $0.65 before the show.

Ethereum Promoter Explains Why He Believes Dr. Craig Wright Satoshi Claims

Speaking to Coinbase.com this week, California-based programmer, Kevin Healy, discusses why he believes Dr. Craig Wright is indeed the real Satoshi, founder of Bitcoin.

Healy is primarily known for his Ethereum-based content, which puts him naturally at odds with Dr. Craig Wright and his claim to be the inventor of Bitcoin.  His view also goes against the stance of Ethereum pioneer Vitalik Buterin, who is on record as doubting Dr. Wright in the past.

Despite the controversy, Healy notes that the limitless possibilities of BSV pave the way for “some really cool stuff,” providing a vision of Bitcoin in keeping with Dr. Craig Wright’s original whitepaper. Facing a personal backlash, Healy sets out the comprehensive case in his YouTube video, “Why I Believe Craig Wright is Satoshi.”

Watch Below...

- Aaron Goldstein, Gambling911.com

Business/Financial News

 Regulators Jumping on Stablecoins....Hmmm We Wonder Why (Sarcasm)

Regulators Jumping on Stablecoins....Hmmm We Wonder Why (Sarcasm)

Having been covering the online gambling scene for more than two decades, we know the signs.  Let's just say we've seen the apology from TERRA's founder countless numbers of times.  It's the same 'ol script.  It never ends well and never will.

Craig Wright vs. Peter McCormack Libel Trial Gets Underway

Craig Wright vs. Peter McCormack Libel Trial Gets Underway

Meanwhile, the BSV Blockchain Conference is about to get underway in Dubai as the CoinGeek team gathers there.  Gaming is expected to take center stage.

Find Elon Musk Twitter Odds: Promises to Allow Trump Back on Platform

Find Elon Musk Twitter Odds: Twitter Acquisition No Longer a Sure Thing

Elon Musk has closed on deal worth around $44 billion in cash, Reuters reports.  Musk now says he wants to slash Twitter offer based on the number of bots.

Dow Jones Betting Total Closing Day June 30 Now 32250.5 Points

Dow Jones Betting Total Closing Day June 30 Now 32250.5 Points

The Dow sank 1,000 points on Wednesday, or 3.2%, as dismal results from Target renew fears that inflation is battering companies.

Betting Markets Indicate No Musk Takeover and Falling Twitter Stock

Betting Markets Indicate No Musk Takeover and Falling Twitter Stock

Elon Musk taking over Twitter seems like a 50-50 proposition at this point, but the people who crunch numbers for a living are giving it even less of a chance.

Syndicate