Dogecoin was quoted as low as $0.416 on crypto exchange Binance, down 36 percent from levels around $0.65 before Elon Musk called it a 'hustle' during his guest-host spot on the "Saturday Night Live."
The latest spike in the price of meme-based cryptocurrency is fuelled by renewed endorsements by the billionaires and listings on eToro and Gemini exchanges.
Elon Musk launches a pair of potentially game-changing shifts for bitcoin, promising Tesla Inc would take payment for its electric vehicles in the currency soon and revealing it had already invested $1.5 billion in the cryptocurrency.
A group of amateur investors, using the online platform Reddit and calling itself WallStreetBets, is credited with pushing up GameStop shares to as high as $380 from $18 just a few weeks ago and roiling the Wall Street establishment.
Price of bitcoin reaches $41,130 after having jumped 9.75 percent during the trading session.
The official accounts of billionaires Bill Gates and Elon Musk and Silicon Valley giants Apple and Uber were hacked, with affected accounts seeking bitcoin donations.
Crew Dragon capsule carrying NASA astronauts Bob Behnken and Doug Hurley docked with International Space Station in just 19 hours, a day after a Falcon 9 rocket blasted off from Kennedy Space Center with the spacecraft.
Tesla CEO Elon Musk threatened to pull the company’s factory and headquarters out of California in an escalating spat with local officials who have stopped the company from reopening its electric vehicle factory.
The deal is a big step in chairman and a major shareholder of the Tesla Motors Elon Musk's plan to offer consumers a one-stop clean-energy shop.
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