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☆ Bitcoin's Wild Price Booms and Busts Are Going to Continue Forever
▼ + stars: | 2024-03-06 | by ( Emily Stewart | ) www.businessinsider.com time to read: +8 min

The main explanation for the recent gain in bitcoin's price is the Securities and Exchange Commission's begrudged blessing of spot bitcoin exchange-traded funds, investment vehicles that track bitcoin's price. As bitcoin ETF providers have to invest in the underlying assets — bitcoins — demand for those assets increases. "The speed of the come-up is much faster than I thought," he said, adding that he was specifically surprised at retail-trader activity in the bitcoin ETFs. (Also, not everyone agrees it will be good for bitcoin's price.) Or maybe, just maybe, the latest run will cement bitcoin's future as a more stable part of people's investment portfolios.

Persons: Bitcoin's, bitcoin, David Yermack, University's, who've, BlackRock's, Eric Balchunas, James Butterfill, it's, Butterfill, shiba inu, Nic Carter, Carter, Bitcoin, Yermack, Emily Stewart Organizations: bitcoin, University's Stern School of Business, Securities, Exchange, SEC, Wall, Fidelity, University's Stern School of, Bloomberg Intelligence, Federal Reserve, New York Community Bancorp, Castle, Ventures, Business Locations: New, bitcoin, BlackRock, David Yermack , New

☆ Cryptocurrencies recover after bitcoin retreats from new record
▼ + stars: | 2024-03-06 | by ( Tanaya Macheel | ) www.cnbc.com time to read: +2 min

On Tuesday bitcoin reached a new intraday record , for the first time since November 2021, of $69,210. It had been pushing higher for weeks – it's up 55% over the past month – and tumbled shortly after notching the new high. Bitcoin was last higher by 6% at $66,315.19, according to Coin Metrics, while ether rocketed more than 11% to $3,785.76, its highest level since January 2022. Cryptocurrencies bounced on Wednesday, recovering much of the losses from the previous day's sell-off, which came soon after bitcoin hit an all-time high. When traders use leverage to short bitcoin and the cryptocurrency's price rises, they buy bitcoin back from the market to close their positions, which pushes the price up and causes more positions to be liquidated.

Persons: bitcoin, –, Bitcoin, Cryptocurrencies, David Wells, Binance, Shiba, Microstrategy Organizations: Metrics, Solana, Marathon Digital, CNBC PRO

☆ Bitcoin tops $65,000 as it nears 2021 all-time high
▼ + stars: | 2024-03-04 | by ( Tanaya Macheel | ) www.cnbc.com time to read: +3 min

Earlier, it rose to as much as $65,658.10, its highest level since November 2021. The price of bitcoin rose to start the week, edging even closer to its all-time high after the rally took a breather over the weekend. "What we're seeing today ... might well be a rerun of early last week when bitcoin surged $10,000 in the space of a couple of days. Investors have been extra eager to see bitcoin approach its all-time high. Nevertheless, long-term investors are confident that the combination of increasing demand for bitcoin through the new U.S. exchange-traded funds and a tighter supply expected after the April halving event will push the price of bitcoin to a new all-time high.

Persons: bitcoin, cryptocurrency, Antoni Trenchev, Crypto, David Duong, Dogecoin, Shiba, CleanSpark Organizations: Metrics, Nasdaq, Marathon Digital, Iris Energy

☆ Scientists figured out which dog breeds live the longest
▼ + stars: | 2024-02-03 | by ( Ellyn Lapointe | ) www.businessinsider.com time to read: +8 min

Scientists in the UK investigated how a dog's breed, size, sex, and face shape affect lifespan. Flat-faced dogs, large dogs, and male dogs typically live shorter lives, the scientists discovered. Shown here are dog breeds that fall under the lowest 25% for longevity. AdvertisementAs a result, it may explain why the data suggested crossbreeds live shorter lives, McMillan said. Artificial breeding has shortened dogs' livesHuman-led dog breeding has led to new breeds that live shorter lives.

Persons: Shiba Inus, —, poochies, Bernards, Anita Kot, Presa, Cane Corsos, Cane Corso, Bernard, Kseniya Starkova, Kirsten McMillan, Kirsten McMillian, McMillan Organizations: Lancashire, Service, Dog's Trust, Lakeland, French bulldogs, pugs, Dogs Trust, America Kennel, Westend61 Locations: St

☆ How long will your dog live? Measure its nose
▼ + stars: | 2024-02-03 | by ( Amanda Schupak | ) edition.cnn.com time to read: +6 min

CNN —Is your dog a small male with a long nose? If so, your furry companion is more likely to be at your side for a long time, according to new research. Small and medium dogs with pronounced schnozes lived over 12 years on average, while flat-faced dogs of all sizes fell short of that mark. The study includes millions of data points, but it doesn’t necessarily represent the full spectrum of companion dog life, McMillan said. “The ethical and welfare concerns surrounding dog breeding have become one of the most important issues — if not the most important issue — within canine welfare,” McMillan said.

Persons: ”, Kirsten McMillan, ” McMillan, expectancies, Shiba Inus, schnozes, Dan O’Neill, ” Esme Wheeler, “, Wheeler, Silvan, ” Urfer, “ I’m, McMillan Organizations: CNN, Dogs Trust, bulldogs, French bulldogs, Italian greyhounds, Royal Veterinary College, Royal Society for, “, University of Washington, Dogs Locations: United Kingdom, Italian, Lhasa, Frenchies, London, United States

☆ Dogs don kimonos, receive blessings in place of children in aging Japan
▼ + stars: | 2023-11-14 | by ( Irene Wang | ) www.reuters.com time to read: +2 min

[1/5] Pet owners pray with their pet dogs as they arrive for a Shichi-Go-San blessing, traditionally performed for young children to ask for health and happiness, at Zama Shrine in Zama, Kanagawa Prefecture, near Tokyo, Japan, November 14, 2023. REUTERS/Kim Kyung-Hoon Acquire Licensing RightsZAMA, Japan, Nov 14 (Reuters) - A traditional ceremony for children is catching on among pet owners in Japan, where dogs and cats are receiving ever more attention amid the nation's plummeting birth rates. Parents dress their girls and boys in kimonos and bring them to a Shinto holy place for the ceremony. On Tuesday, numerous pet owners led their charges up the steep steps to reach the Inuneko Jinja, or Dog-Cat Shrine, to pray and receive a blessing from a Shinto priest. "The number of children is decreasing each year, and as a result, more and more people are pouring their love into their dogs and cats," said Zama Shrine priest Yoshinori Hiraga.

Persons: Kim Kyung, Natsuki Aoki, Aoki, Shiba, Yoshinori Hiraga, Masayo Tashiro, Irene Wang, Rocky Swift, Raju Gopalakrishnan Organizations: REUTERS, Thomson Locations: Zama, Kanagawa Prefecture, Tokyo, Japan, Hiroshima, kimonos, Jinja, Pomeranian

☆ 22-year-old who lost $80,000 in crypto: 'I was investing with money I didn't necessarily have'
▼ + stars: | 2023-09-07 | by ( Kamaron Mcnair | In Kamaronmcnair | ) www.cnbc.com time to read: +3 min

Between November 2021 and June 2022, Nguonly says he lost about $80,000 by investing in crypto on margin. But as bitcoin's price went on a tear, he decided to buy more — about $15,000 worth — on margin. But at the end of 2021 the crypto market took a turn, and by the summer of 2022 bitcoin's price crashed over 70%. "I was investing with some money that I didn't necessarily have," Nguonly tells CNBC Make It. It's also important to avoid investing techniques you don't understand, such as options trading or investing on margin.

Persons: Ethan Nguonly, Nguonly, shiba inu, bitcoin, It's Organizations: CNBC, Securities and Exchange Commission, Federal Reserve, Financial Industry Locations: bitcoin, cryptocurrency

☆ Cheems Balltze, the internet’s cheeseburger-loving dog, has died
▼ + stars: | 2023-08-21 | by ( Emily Blumenthal | ) edition.cnn.com time to read: +2 min

CNN —Cheems Balltze, a little dog whose smiling face and stocky physique went viral in memes about his passion for cheeseburgers, has died after a short battle with cancer. The 12-year-old Shiba Inu, also known as Ball Ball, underwent thoracentesis surgery on Friday but never woke up, his owner, Kathy, wrote in a post on Instagram. She said Ball Ball was set to receive further treatment for his cancer after the operation. The chubby dog with a “round smiling face” was loved by many, his owner said. He was also famous for the meme “Swole Doge vs. Cheems,” which depicts an exaggeratedly muscular dog alongside a meek smaller dog.

Persons: Cheems, Shiba Inu, Kathy, Ball, ”, Balltze, “, ” “ I’m, “ Balltze Organizations: CNN Locations: Hong Kong

And Twitter's cash flow has been negative as a result of that and its heavy debt load. Mike Proulx, research director at Forrester, said on Sunday that the move would further alienate Twitter's original, and once fiercely loyal, user base. The billionaire Musk said in a Sunday post he wanted to change Twitter's logo and polled his millions of followers whether they would favor changing the site's color scheme from blue to black. Twitter logo and a photo of Elon Musk are displayed through magnifier in this illustration taken October 27, 2022. In April, Twitter's legacy blue bird logo was temporarily replaced by Dogecoin's Shiba Inu dog, helping drive a surge in the cryptocurrency's market value.

Persons: Elon Musk, Mike Proulx, Forrester, Musk, Dado Ruvic, adieu, Linda Yaccarino, Twitter, Dogecoin's Shiba, Mrinmay Dey, Rishabh, William Mallard, Jan Harvey, Cynthia Osterman, Diane Craft Organizations: Twitter Inc, REUTERS, Twitter, X Corp, Thomson Locations: Bengaluru

"Interim X logo goes live later today," Musk said on Twitter adding that "X.com" would now redirect to Twitter's website. Musk's X Corp owns Twitter. The billionaire said in a Sunday post he wanted to change Twitter's logo and polled his millions of followers whether they would favor changing the site's color scheme from blue to black. Twitter logo and a photo of Elon Musk are displayed through magnifier in this illustration taken October 27, 2022. In April, Twitter's legacy blue bird logo was temporarily replaced by Dogecoin's Shiba Inu dog, helping drive a surge in the cryptocurrency's market value.

Persons: Elon Musk, Musk, Dado Ruvic, adieu, Musk's, Dogecoin's Shiba, Mrinmay Dey, Rishabh, William Mallard, Jan Harvey, Cynthia Osterman Organizations: Twitter Inc, Twitter, X Corp, REUTERS, Thomson Locations: Bengaluru

☆ Elon Musk says Twitter to change logo, adieu to 'all the birds'
▼ + stars: | 2023-07-23 | by ( ) www.reuters.com time to read: +2 min

July 23 (Reuters) - Elon Musk said on Sunday he was looking to change Twitter's logo, tweeting: "And soon we shall bid adieu to the twitter brand and, gradually, all the birds". ET (0406 GMT), the social media platform's billionaire owner added: "If a good enough X logo is posted tonight, we'll make (it) go live worldwide tomorrow." loadingMusk posted an image of a flickering "X", and later in a Twitter Spaces audio chat replied "Yes" when asked if the Twitter logo will change, adding that "it should have been done a long time ago". Twitter's website says its logo, depicting a blue bird, is "our most recognizable asset". Since Musk acquired it, the company has laid off more than half its workforce to cut costs.

Persons: Elon Musk, adieu, Dogecoin's Shiba, Musk, Rishabh, William Mallard, Jan Harvey Organizations: Twitter, X Corp, Thomson Locations: Bengaluru

☆ Adieu to ‘all the birds,’ Elon Musk says as he announces Twitter logo change
▼ + stars: | 2023-07-23 | by ( ) www.cnbc.com time to read: +1 min

Elon Musk said Sunday he was looking to change Twitter's logo, tweeting: "And soon we shall bid adieu to the twitter brand and, gradually, all the birds." In a post on the site at 12:06 a.m., the social media platform's billionaire owner added: "If a good enough X logo is posted tonight, we'll make (it) go live worldwide tomorrow." Musk posted an image of a flickering "X", and later in a Twitter Spaces audio chat replied "Yes" when asked if the Twitter logo will change, adding that "it should have been done a long time ago." Twitter's website says its logo, depicting a blue bird, is "our most recognizable asset." Since Musk acquired it, the company has laid off more than half its workforce to cut costs.

Persons: Elon Musk, adieu, Musk, Dogecoin's Shiba Organizations: Twitter, X Corp

☆ NAFO: The pro-Ukraine internet 'fellas' using Shiba Inu memes to fight Russian propaganda
▼ + stars: | 2023-07-11 | by ( Jill Dougherty | ) edition.cnn.com time to read: +5 min

“NAFO” stands for the North Atlantic Fellas Organization and is a decentralized online volunteer organization that is waging its own social media war against Russia and its invasion of Ukraine. Over the weekend, the group held its own summit in Lithuania’s capital, which was opened by the country’s foreign minister. A cartoon Shiba Inu, wearing the blue and yellow colors of Ukraine's flag, pops up behind Estonian Prime Minister Kaja Kallas in a video she shared on Twitter. Some fellas are Ukrainian soldiers, who are fighting on the front lines and provide pictures from the battlefield, mocking the incompetence of the Russian military or praising Ukrainian bravery. After identifying Russian propaganda or pro-Russian sympathizers, fellas pile on their posts with memes, humor, wry logic, and dismissive comments.

Persons: Kaja Kallas, Kallas, Petras Malulas, NAFO, Kamil Dyszewski, Gabrielius Landsbergis, Keir Giles, Matt Moores, you’ve, Maria Zakharova, ’ ”, Defense Oleksii Reznikov, ”, Shiba, Shiba Inu, Ben Wallace, Adam Kinzinger Organizations: CNN, Estonian, Atlantic Fellas Organization, Twitter, Getty, Georgian Legion, Center for Strategic, International, Russian Foreign, Union, Ukraine’s, Defense, United Kingdom’s, Ukraine Locations: Vilnius, Lithuania, Estonian, Russia, Ukraine, Lithuania’s, AFP, Russian, Egypt

☆ Tottori Sand Dunes: Japan’s disappearing desert
▼ + stars: | 2023-06-15 | by ( Claire Hannum | ) edition.cnn.com time to read: +10 min

But these are the Tottori Sand Dunes, wedged along the coast of Japan’s sparsely populated San’in region, the country’s very own slice of desert. A dwindling treasureThe Tottori dunes are located on the western coast of Honshu, Japan’s largest and most populous island. The Tottori Sand Dunes are just 12% of the size that they were 100 years ago. “The environmental conditions of the Tottori Sand Dunes are different from those of arid lands because of its humid climate,” Nagamatsu says. “But Tottori University is promoting arid land research using the ‘sand’ conditions of the Tottori Sand Dunes and experimental facilities.”Down the road from the research center, tourists are experiencing an otherworldly adventure in the sand.

Persons: you’d, They’ve, Takeo Arishima, ”, Dai Nagamatsu, Akira Miyawaki, — Buddhika, Nagamatsu, shiba, sandboarders, Anya Jarilla, “, it’s, amulapo, Kengo Kuma Organizations: Japan CNN, Sand Museum, Tottori University’s Faculty of Agriculture, Local, Brazilian Amazon ., Research Center, ” Staff, Associates Locations: Tottori Prefecture, Japan, Tottori, Honshu, Japan’s, Osaka, Hiroshima, Chūgoku, Sendai, Tottori University’s, Tottori City, Brazilian, Paragliders, Tottori Sand, Tokyo, ”

☆ Twitter CEO Linda Yaccarino due to start weeks earlier than expected, report says
▼ + stars: | 2023-06-05 | by ( Pete Syme | ) www.businessinsider.com time to read: +2 min

Elon Musk announced last month that Linda Yaccarino would take over as Twitter CEO. Another former NBCUniversal executive joined Twitter on Sunday. Linda Yaccarino, the incoming Twitter CEO, is due to start on Monday, according to The Information. Musk had said in December he would step down as Twitter CEO after users voted in a poll. The Information's report also came the same day that another former NBCUniversal executive joined Twitter.

Persons: Elon Musk, Linda Yaccarino, she's, Musk, he'd, NBCUniversal, Shiba, Yaccarino, Joe Benarroch, Twitter Organizations: Twitter, Elon, Comcast Locations: NBCUniversal, Cuban

☆ Elon Musk hit with dogecoin insider trading lawsuit
▼ + stars: | 2023-06-02 | by ( George Glover | ) www.businessinsider.com time to read: +2 min

Elon Musk has been accused of insider trading in a class action lawsuit. Musk has repeatedly shared his enthusiasm for the token, including once on "Saturday Night Live." Musk, who is once again the world's richest man, is a longtime dogecoin fan. Alex Spiro, a lawyer for both Musk and Tesla, did not immediately respond to a request for comment from Insider, made outside normal working hours. Read more: Elon Musk's latest financial advice: Don't pour your life savings into dogecoin

Persons: Elon Musk, Tesla, Musk, —, Elon, shiba, –, Musk's, Alvin Hellerstein, Alex Spiro, Read Organizations: Investors, Service, Privacy, Reuters, Twitter Locations: Manhattan, London

NEW YORK, June 1 (Reuters) - Elon Musk is being accused of insider trading in a proposed class action by investors accusing the Tesla Inc (TSLA.O) CEO of manipulating the cryptocurrency Dogecoin, costing them billions of dollars. A "deliberate course of carnival barking, market manipulation and insider trading" enabled Musk to defraud investors, promote himself and his companies, the filing said. The investors' lawyer did not immediately respond to a separate request. They included their latest accusations in a proposed third amended complaint, in a lawsuit that began last June. The case is Johnson et al v. Musk et al, U.S. District Court, Southern District of New York, No.

Persons: Elon Musk, Musk, influencers, Dogecoin's Shiba, Alex Spiro, Tesla, Alvin Hellerstein, Johnson, Jonathan Stempel, Marguerita Choy Organizations: YORK, Tesla Inc, Investors, Twitter, Forbes, Court, Southern District of, Thomson Locations: Manhattan, Dogecoin, U.S, Southern District, Southern District of New York, New York

Pepe, a coin inspired by an anthropomorphized frog popular in internet memes, leapt nearly 7,000% in the 17 days after its April 16 launch, hitting a market value of $1.8 billion by May 5, according to data tracker CoinGecko. "It's almost like, if the market is not moving up fast enough, traders find these smaller tokens to trade with." Since its launch in April, the token linked to Pepe the frog has raced up the list of meme coins in terms of market value. Binance says on its website that pepe has "no utility" or "value support mechanism". The centralized listings also opened the door for derivative trading for pepe, with leveraged exposures and volatility pushing Ethereum transaction fees higher, Devens said.

☆ The funniest joke suggestions for Elon Musk's Twitter CEO successor, from Elizabeth Holmes to Meghan Markle
▼ + stars: | 2023-05-12 | by ( Pete Syme | ) www.businessinsider.com time to read: +5 min

Elon Musk announced Thursday he would be handing over the Twitter CEO role to a woman. But Twitter users have been having fun suggesting several joke candidates. Months after Twitter users voted for Elon Musk to step down as the company's CEO, the billionaire announced Thursday that he'd found someone to takeover the position. Musk tweeted. The Wall Street Journal also reported that Yaccarino is in talks to take over as Twitter CEO.

☆ Ether rallies more than 6% as meme mania tries to reenter the crypto market
▼ + stars: | 2023-05-05 | by ( Tanaya Macheel | ) www.cnbc.com time to read: +2 min

Market participants put the move on attempts to bring meme mania back to the crypto market. Pepecoin (PEPE), based on the Pepe the Frog internet meme, is up more than 120% over the past 24 hours, CoinMarketCap said. Ethereum gas fees have been revived by the return of memecoins, just today hitting 1-year highs." "As gas fees increase, more ETH is burned, and at current activity levels ETH is a deflationary asset, which should help boost ETH's price," Ryder added. "In the last 24 hours, trading volumes for PEPE on Uniswap have surpassed the volumes of Tether and Wrapped Bitcoin, some of the highest volume tokens on the exchange."

☆ Elon Musk said he dresses his Shiba Inu, who he says is the CEO of Twitter, like Elizabeth Holmes
▼ + stars: | 2023-04-12 | by ( Aditi Bharade | ) www.businessinsider.com time to read: +3 min

Elon Musk insisted multiple times during a BBC interview that his dog is Twitter's CEO. Musk quipped that his Shiba Inu, Floki, is the one in charge of the company. During a live interview on Twitter Spaces with BBC journalist James Clayton, Musk kept correcting Clayton when the latter called Musk Twitter's CEO. The BBC interview was one of several occasions that Musk has joked about his dog being Twitter CEO. On April 3, Musk replaced Twitter's bird logo with the Shiba Inu — or doge — meme.

Hong Kong CNN —Elon Musk has laid off more than 6,000 people at Twitter since taking over the company, he told the BBC in a rare interview late Tuesday. It’s “not fun at all” and can sometimes be “painful,” the billionaire CEO told the British broadcaster at Twitter’s head office in San Francisco. He has since radically overhauled Twitter: firing top executives, slashing jobs and enacting new policies on how user accounts are verified or labeled. Since then, Twitter is now “roughly” breaking even and advertisers are returning to the platform, he told the BBC. Musk also pledged to revise the label applied to the British broadcaster, from “government-funded” to “publicly-funded” after the BBC objected.

☆ Elon Musk's ex-lieutenant took a jab at the billionaire after he changed the company's sign to 'Titter:' 'Who hurt you?'
▼ + stars: | 2023-04-11 | by ( Grace Kay | ) www.businessinsider.com time to read: +3 min

Twitter's former head of ad sales, Robin Wheeler, took a dig at Elon Musk over his "Titter" sign. The Chief Twit said on Sunday that he'd painted over the "w" on Twitter's sign at its headquarters. Sign up for our newsletter for the latest tech news and scoops — delivered daily to your inbox. Since taking Twitter private, Musk has eliminated over half of the company's workforce. On Sunday, Musk said on Twitter that the "W" on the Twitter sign at its San Francisco headquarters had been painted over.

☆ Elon Musk painted over the 'w' on Twitter's sign at its San Francisco headquarters, changing it to 'Titter'
▼ + stars: | 2023-04-10 | by ( Aditi Bharade | ) www.businessinsider.com time to read: +3 min

Elon Musk painted over the "w" in Twitter's name on the sign outside its San Francisco headquarters. He said Twitter's landlord told the company that the sign was legally required to read as "Twitter." In a tweet on Sunday, the social media platform's CEO posted a picture of the sign with the "w" painted over in white to blend in with the background. "Elon Musk, in a remarkable show of maturity, has removed the "w" from Twitter's logo outside their San Francisco HQ," LeGate's caption read. Musk has made several drastic changes to the company's San Francisco headquarters since he took over Twitter.

☆ Dogecoin's sharp rally fades after brief burst of enthusiasm around Twitter's new Shiba Inu logo
▼ + stars: | 2023-04-06 | by ( Morgan Chittum | ) www.businessinsider.com time to read: +2 min

The rally came after Elon Musk's Twitter replaced its new homepage icon to a picture of a Shiba Inu, a nod to the joke token. When Insider reached out for comment, Twitter's press email auto-responded with a single poop emoji. The meme coin is trading at $0.086, after notching $0.1 earlier this week, the token's highest price since early February. Twitter owner Elon Musk, whose public comments regularly change the token's price, has been touting dogecoin for years. When Insider reached out for comment on the matter, Twitter's press email auto-responded with a single poop emoji.

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