Musk’s Dogecoin Moon Post Fails to Boost DOGE Price

Elon Musk’s recent social media post referencing his 2021 promise to send Dogecoin to the moon failed to ignite the cryptocurrency’s price. Instead, DOGE experienced a significant drop amid broader market turmoil. The Tesla CEO’s influence appears to be waning in the current crypto environment, marking a stark departure from historical patterns where his endorsements triggered immediate price surges.

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Dogecoin Plunges 17% as Whales Dump 1B Tokens

Dogecoin has suffered one of the steepest declines among major cryptocurrencies, plummeting 17% in the past week as large investors dumped over one billion DOGE tokens worth approximately $165 million. The massive whale sell-off has triggered technical breakdowns and community panic, with analysts warning of potential further declines to $0.11, though some market observers point to oversold conditions and Elon Musk’s continued involvement as potential bullish counterpoints.

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SpaceX Moves $31M Bitcoin Amid Corporate Treasury Activity

SpaceX has transferred another 281 Bitcoin worth over $31 million, continuing a recent pattern of movement in its substantial cryptocurrency holdings. The aerospace company maintains the fourth-largest private corporate Bitcoin treasury while remaining silent about its strategic intentions. These transfers come amid similar activity from Elon Musk’s other company, Tesla, highlighting how major U.S. corporations are actively managing their digital asset positions.

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Why Billion-Dollar Startups Avoid Going Public

A fundamental shift is underway in the startup ecosystem as billion-dollar companies increasingly delay or entirely avoid going public. High-profile firms like Elon Musk’s SpaceX and artificial intelligence pioneer OpenAI are leading this trend, opting to remain private despite reaching valuations that would traditionally trigger initial public offerings. This movement reflects deeper changes in capital availability, regulatory burdens, and founder priorities that are reshaping investment landscapes and limiting opportunities for everyday investors.

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SpaceX Moves $133M in Bitcoin, Tesla Holds $1.27B BTC

SpaceX executed significant Bitcoin transfers totaling $133.7 million on Friday, moving 1,215 BTC to new unlabeled wallets in the latest of several cryptocurrency movements by Elon Musk’s aerospace company. The transfers come as SpaceX maintains one of the largest corporate Bitcoin treasuries globally, ranking fourth among privately held companies with approximately $914 million in Bitcoin holdings prior to the recent activity. Meanwhile, Tesla continues to hold over $1.27 billion in Bitcoin assets, having recently capitalized on accounting rule changes to book substantial quarterly profits.

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Dogecoin’s Inflation: Feature, Not Bug, Says Analysis

Dogecoin’s built-in inflation mechanism is intentionally designed to promote long-term network stability, not a protocol flaw as some critics suggest. Technical analysis reveals the meme cryptocurrency maintains a predictable 3.49% annual inflation rate that gradually declines over time. Meanwhile, chart patterns suggest potential bullish momentum could drive DOGE prices significantly higher in the near term.

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Tether Hits 500M Users, Plans New US Stablecoin

Tether’s USDT stablecoin has achieved a monumental milestone, serving 500 million users worldwide as the company solidifies its dominance in digital finance. Driven by explosive growth in emerging markets and strategic community engagement, USDT’s circulation now stands at approximately $182 billion, dwarfing competitors like Circle’s USDC at $75 billion. The announcement comes alongside plans for a new dollar-backed stablecoin targeting the US market and a record $4.9 billion Q2 profit, positioning Tether among the world’s most valuable private companies.

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SpaceX Moves $257M Bitcoin Amid Sale Speculation

SpaceX has executed its second major Bitcoin transfer in three months, moving $257 million worth of BTC as Elon Musk’s aerospace company faces mounting competitive and financial pressures. Blockchain intelligence platform Nansen tracked two separate wallet transactions from SpaceX-labeled addresses totaling the substantial amount, marking the company’s first significant cryptocurrency movement since July and fueling speculation about potential Bitcoin sales during a period of increased industry challenges.

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Sanders Proposes 32-Hour Week & Robot Tax to Counter AI Job Threat

Senator Bernie Sanders is advocating for transformative labor reforms including a 32-hour work week and corporate robot tax to confront the imminent danger of artificial intelligence eliminating nearly 100 million American jobs. His legislative framework emerges as Senate analysis projects 97 million workers could be displaced within a decade, sparking intense debate about reconciling technological advancement with worker security amid surging automation investments by tech billionaires.

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OpenAI Hits $500B Valuation in $6.6B Employee Share Sale

OpenAI has become the world’s most valuable private company following a $6.6 billion employee share sale that values the artificial intelligence firm at $500 billion, surpassing SpaceX’s estimated $400 billion valuation. This secondary transaction provides crucial liquidity for employees amid aggressive recruitment from competitors like Meta and underscores the intense investor enthusiasm driving the AI sector’s rapid expansion, marking a significant valuation increase from the $300 billion figure recorded just months earlier.

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