News
Dogecoin plummets after Musk’s cameo on SNL
Dogecoin prices fall after Elon Musk plugs the meme crypto during SNL appearance
Dogecoin stocks fell after Billionaire Tesla CEO Elon Musk appeared on SNL.
The plummet came soon after Musk mentioned the meme crypto, with stocks dropping by nearly 30% to $0.5 from around $0.7.
The price then rebounded from its low to around $0.57 after SNL finished.
Dogefather Musk
During his appearance, the Space-X CEO said the cryptocurrency would “take over the world,” calling himself the “Dogefather.”
This comes after prices soared amid anticipation of Musk’s much-anticipated cameo during the past week.
What is Dogecoin?
Dogecoin is Musk’s self-proclaimed favourite cryptocurrency. It was first launched in 2013 as a joke but has recently seen a surge in popularity following the tech mogul’s endorsement.
IBM’s Billy Markus and Adobe’s Jackson Palmer launched the crypto as a satirical critique of the cryptocurrency frenzy in 2013.
Its value has soared over 14,000% this year alone, up from $0.00468 on December 31. This makes it the fourth-largest crypto, after other huge players like Bitcoin and Ethereum.
Musk said:
“Lately, prices have been soaring for cryptos like Bitcoin, Ethereum and especially Dogecoin. Dogecoin actually started as a joke based on an internet meme, but now it’s taken over in a very real way.”
Robinhood crashes during Musk’s appearance
The stock trading app Robinhood said they were experiencing issues with crypto-trading during Musk’s appearance.
Robinhood told Insider that the platform’s crypto-trading was “back up and running” about 30 minutes after it first reported difficulties.
Insider says they declined to comment on whether the issues were related to Musk’s appearance.
Money
Gold prices surge as Central Banks buy big, but risks grow ahead
Gold prices surge as central banks increase demand; risks include a stronger dollar and rising interest rates.
Gold prices surge as central banks increase demand; risks include a stronger dollar and rising interest rates.
Gold prices are climbing fast as central banks ramp up buying, pushing demand to its highest levels in years. The metal’s reputation as a safe haven is strengthening, especially amid rising geopolitical tensions and global financial uncertainty.
But experts warn the shine could fade. A stronger US dollar and the possibility of rising interest rates may weigh on momentum, making investors question how long the rally can last.
Dr Steven Enticott from CIA Tax breaks down the drivers behind gold’s surge—from ETF inflows to physical bar demand—and what could send the price sharply higher… or lower.
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News
U.S. and Ukraine advance new peace plan amid rising tensions
U.S. and Ukrainian negotiators progress in Geneva on a peace plan amid Russian strikes and geopolitical tensions.
U.S. and Ukrainian negotiators progress in Geneva on a peace plan amid Russian strikes and geopolitical tensions.
U.S. and Ukrainian negotiators have made meaningful progress in Geneva, shaping an updated peace plan despite continued Russian strikes and growing geopolitical pressure. The talks represent one of the most significant diplomatic pushes in months as both nations work to narrow the remaining gaps in the framework.
While the proposal is being hailed as a breakthrough by some, leaders in Kyiv and parts of Europe fear it may tilt in Russia’s favour. Sensitive issues, security guarantees, and the controversial details of a leaked U.S. draft are now fuelling debate on both sides of the Atlantic.
With U.S. senators divided and European leaders deeply involved, the next steps will determine whether this framework becomes a workable path to peace or sparks further tension.
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#USPolitics
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News
Trump And Xi hold rare call to discuss Taiwan and global tensions
Trump and Xi’s rare call reignites focus on Taiwan, highlighting U.S.-China tensions and strategic priorities.
Trump and Xi’s rare call reignites focus on Taiwan, highlighting U.S.-China tensions and strategic priorities.
A rare high-level call between President Trump and Chinese President Xi Jinping has reignited global attention on Taiwan and broader geopolitical tensions. The conversation marked the first direct exchange in months between the two leaders.
Xi placed Taiwan at the centre of the call, underscoring its significance to China’s national strategy. The Chinese leader reaffirmed Beijing’s long-held position that Taiwan’s path back to the mainland is essential for international stability.
The discussion sets the stage for potential shifts in U.S.–China relations as both countries reassess their strategic priorities.
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#Trump #XiJinping #Taiwan #ChinaUSRelations #Geopolitics #InternationalAffairs #GlobalTensions #TickerNews
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