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For weeks, Dogecoin holders have been looking forward to Elon Musk hosting Saturday Night Live, anticipating that the token’s most famous fan would use his appearance to promote the coin.
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Well, this is awkward. Elon Musk, the CEO of Tesla and the undisputed Technoking of Tesla, hosted Saturday Night Live this evening. And Dogecoin’s unofficial spokesperson is making “jokes” about a joke coin.
Musk is neither an actor nor a comedian, but he is entertaining.
Dogecoin (DOGE) has hit another all-time high, just 21 hours before Elon Musk is anticipated to air a skit about the coin on Saturday Night Live.
Dogecoin hit $0.73 at 6am before retreating to its current price, $0.71, according to data from market analytics site Nomics.
In brief
An online sportsbook is taking wagers on whether Elon Musk will mention Dogecoin during this weekend’s Saturday Night Live hosting gig.
You can also bet on whether Dogecoin’s price will reach $1 by Monday.
The Miami Heat NBA franchise has been playing in the American Airlines Arena for 22 years. But in April, the franchise announced a new naming rights sponsor: cryptocurrency exchange FTX.
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In brief
Galaxy Digital’s Mike Novogratz criticized the SEC for allowing the Grayscale Bitcoin Trust (GBTC) to function in the absence of approving a true Bitcoin ETF.
His firm is one of several hoping to launch a Bitcoin ETF in the US, allowing investors to gain exposure to the cryptocurrency.
In brief
Elon Musk said that crypto is promising, but one shouldn’t put their life savings in it.
He will host tomorrow’s Saturday Night Live. Speculators hope that’ll pump the price to $1.
Barely a week after setting its former all-time high of $44.80, Ethereum Classic has more than trebled in value. At 7 pm yesterday, the coin set an ATH of $157.30.
Though the price has since dipped to $142.
In brief
The Iran Central Bank legalized Bitcoin mining in 2019.
Last year, it mandated that registered miners sell their earnings to the bank.
The pandemic has prompted a huge boost to crypto prices. Bitcoin is up 526% in the past year, and Ethereum is up 2,000%.
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