Dogecoin (DOGE) prices were little-changed after reports of carmaker Tesla searching for a new CEO to replace technocrat Elon Musk, which the company later refuted.DOGE prices wobbled between the 16-17 cents mark in the past 24 hours, in line with a flat market. Musk is a known dogecoin backer whose comments, or developments at his companies, tend to impact the memecoin’s prices.Tesla board members reached out about a month ago to several executive search firms to replace Musk, sparked by his heavy involvement with the Trump administration, per WSJ. The board members met Musk and asked him to acknowledge publicly that he would spend more time at Tesla.“This is absolutely false (and this was communicated to the media before the report was published),” Tesla’s X account said early Thursday. “The CEO of Tesla is Elon Musk and the Board is highly confident in his ability to continue executing on the exciting growth plan ahead.”Musk called the report a "deliberately false article" in a follow-up post.Tesla has accepted DOGE — the only token it supports — for merchandise payments on its site since early 2022. Users can directly connect their DOGE wallets to the site and transfer assets to Tesla’s Dogecoin wallets for purchases.
Markets have been generally range-bound in the past week, setting the course for what could be an explosive move higher, some say.
The feature aims to close the "last-mile" gap that has stalled mass crypto adoption in payments, co-founder and CEO Bam Azizi said.
At a Wednesday press conference, World announced it would build an orb factory in Richardardson, Texas.
The Visa cards enable holders to spend USDC directly from their crypto wallets, using smart contracts to move a stablecoin balance.
The USDT issuer expands beyond crypto with a controlling stake in Adecoagro, a major Latin American producer.
YeagerAI is building a protocol that uses AI models as judges, with the goal of providing reliable, neutral, third-party arbitration in record time.
The trading platform’s results could give an indication for Coinbase’s earnings on May 8.
The major U.S. stock market averages tumbled about 2% to begin Wednesday following underwhelming economic data.
The offer was rejected as too low, according to the story.
