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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum

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From: Julius Wong	5/13/2021 9:20:48 PM
	2 Recommendations Recommended By marcher sense Read Replies (2) of 219061

Elon Musk tweets about Dogecoin, and prices immediately jump ‘Working with Doge devs to improve system transaction efficiency,’ Tesla CEO says a day after halting bitcoin transactions and sending that cryptocurrency lower Tesla CEO Elon Musk speaks in March 2020.AFP/Getty Images A day after revealing that Tesla Inc. would stop accepting bitcoin as payment for its cars, Tesla Chief Executive Elon Musk suggested Thursday that another cryptocurrency, Dogecoin, could be turned into a suitable replacement. “Working with Doge devs to improve system transaction efficiency,” Musk tweeted. “Potentially promising.” Dogecoin DOGEUSD, +18.84% prices immediately shot higher, after bitcoin BTCUSD, +2.18% took a large hit in the wake of Wednesday’s announcement. Tesla’s TSLA, -3.09% purchase of $1.5 billion in bitcoin and acceptance of the cryptocurrency as a payment option was seen at the time as a sign of growing institutional acceptance of crypto. marketwatch.com

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