Meme coins were in the crosshairs of social media users on Sunday night, but debutant dog-themed coins gained more in trending online than veteran ones.
The apex cryptocurrency hovered around the psychologically important $40,000 mark on Sunday night, boosted by a tweet from Tesla Inc (NASDAQ: TSLA) CEO Elon Musk, as the global cryptocurrency market capitalization rose 7.37% to $1.63 trillion.
Elon Musk, CEO of Tesla Inc (NASDAQ: TSLA), clarified when the automaker would start accepting Bitcoin (CRYPTO: BTC) for its vehicles again in response to a tweet of one of the biggest crypto publications, Cointelegraph.
Tesla Inc (NASDAQ: TSLA) CEO Elon Musk has ruffled enough feathers with his fervent tweets on cryptocurrency that a group has launched a whole new project aimed simply at putting an end to his alleged market manipulation.
Benzinga has examined the prospects for many investor favorite stocks over the past week.
The past week's bullish calls included the e-commerce leader, a top biotech and the airlines.
Thailand has banned all meme tokens, fan tokens, exchange tokens and non-fungible tokens (NFTs), the country’s Securities and Exchange Commission said in a statement Friday.
What Happened: Ken Moelis, billionaire investor and head of global investment bank Moelis & Co (NYSE: MC) said he had been watching the cryptocurrency space carefully.
What Happened: Bitcoin’s massive correction in May has led to retail traders moving out of the cryptocurrency and back into popular meme stocks like AMC Entertainment Holdings Inc (NYSE: AMC) and GameStop Corp. (NYSE: