BITCOIN

Meme tokens Shiba Inu and Dogecoin gain momentum

Kiyosaki’s tweet came at a time when the crypto market has lost billions as the Terra USD (UST) debacle unfolded

The development comes just two months after Yoon Seok-youl secured a victory in South Korea’s presidential elections.

Bitcoin losses have come during elevated geopolitical tensions and rising inflation.

Dr Doom earlier called Bitcoin "the mother of all bubbles."

Meme cryptos Shiba Inu and Dogecoin plunge too.

Meme cryptos Shiba Inu and Dogecoin plunge too.

"If they keep their newly acquired bitcoin on the exchange, they are not reducing the supply, in fact, they are giving the exchange more liquidity to create more fractions," an analyst said.

The organizations pointed out that U.S.-based Bitcoin miners are already responsible for one-quarter of the global greenhouse gas emissions caused by Bitcoin mining.

With the recent purchase, the total number of BTC purchased by El Salvador has grown to 2,301 Bitcoins.

Meme cryptos Shiba Inu and Dogecoin too plunged

Meme cryptos Shiba Inu and Dogecoin too dip

Apecoin surged after Elon Musk changed his Twitter profile picture to Bored Ape NFTs collage.

Meme crypto Shiba Inu plunged, while Dogecoin rose slightly

"We believe in the long-term potential of digital assets both as an investment and also as a liquid alternative to cash," Tesla said.

"When there’s confirmation of reasonable (~50%) clean energy usage by miners with a positive future trend, Tesla will resume allowing Bitcoin transactions," Musk said after suspending Bitcoin transactions in Tesla.

The company states that its Bitcoin holdings are “highly liquid.”   

Meme cryptos Dogecoin and Shiba Inu too decline as markets eye the FOMC meeting Wednesday.

Some of the renowned politicians lobbied for the move, as per the report. 

Meme crypto Shiba Inu surged too.

Last year, Wikimedia Foundation received cryptocurrency from 347 donors.