Breaking: Elon Musk Bets McDonalds to Accept Dogecoin (DOGE) As Payment
Elon Musk’s love for Dogecoin seems never ending. Despite ongoing market crash, Tesla CEO today announced to eat a McDonalds happy meal live on TV if McDonalds accepts Dogecoin as payment. This is not the first time Billionaire entrepreneur is seen promoting Dogecoin publicly.
The tussle to get regulatory clarity for the crypto industry continues as Ripple and the SEC slug it out in court. Ripple has filed an objection to the SEC’s recent motion to be given more time to contest the recent ruling made by the presiding judge in the case, Judge Sarah Netburn.
The term “metaverse” has recently been one of the most popular buzzwords in the technology world. More specifically, the relationship between the metaverse and virtual reality technologies is under the scanner.
A new wave of entertainment and content creation is underway as T-series partners with Hungama Digital Entertainment’s Web 3.0 venture named Hefty Entertainment to explore the modern sectors of non-fungible tokens and the budding metaverse.
The Thunderpick Bitcoin Series is an online event that officially starts on the 17th of January with a CS:GO tournament that will last until the 7th of March. Other CS:GO and Dota 2 tournaments within the Thunderpick Bitcoin Series are expected later in 2022.
Bitcoin has often been touted to be a non-correlated asset that can be used to diversify risk in an investment portfolio. This may however be changing according to new data. Reuters reports that since 2020, the correlation between Bitcoin and the S&P 500 index (.SPX) has been increasing positively, causing Bitcoin to follow trends in the stock market.