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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.
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Albanese rejects super tax push amid political tensions
Albanese distances from Chalmers’ tax proposal on superannuation, amid rising concerns over voter sentiment and retirement savings.
Albanese distances from Chalmers’ tax proposal on superannuation, amid rising concerns over voter sentiment and retirement savings.
Australian Prime Minister Anthony Albanese has moved to distance himself from Treasurer Jim Chalmers’ proposal to increase taxes on high-balance superannuation accounts, signalling internal caution as cost-of-living pressures remain front of mind for voters.
The rejection highlights growing sensitivity around retirement savings, with critics warning that changes to super could undermine confidence in the system and spark broader political fallout ahead of future budget negotiations.
As debate continues inside government, questions remain over how Australia balances revenue needs without alienating voters or destabilising long-term savings policy.
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#AustralianPolitics #Superannuation #Albanese #JimChalmers #TaxPolicy #FederalBudget #RetirementSavings #TickerNews
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AI surges in 2025: Key insights
AI surged in 2025, evolving into a strategic force with autonomous agents and global investments reshaping industries.
AI surged in 2025, evolving into a strategic force with autonomous agents and global investments reshaping industries.
AI exploded in 2025, transforming from a productivity tool into a strategic force, with more powerful models, autonomous agents, and massive global investment reshaping industries worldwide. Governments are racing to keep pace with the rapid developments and manage emerging risks.
In this exclusive interview, Oz Sultan from Sultan Interactive Group explains why AI capabilities have leaped forward this year and how autonomous agents are changing the way people work.
We also explore where AI adoption is having the biggest real-world impact, why investment in AI infrastructure and chips is booming globally, and what regulatory hurdles lie ahead.
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#ArtificialIntelligence #AI2025 #AutonomousAgents #TechTrends #FutureOfWork #AIInvestment #Innovation #AITech
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U.S. offers security guarantees to Ukraine as Berlin talks show progress
U.S. vows to defend Ukraine, seeks Senate approval; Berlin talks advance peace while weighing sovereignty against conflict resolution.
U.S. vows to defend Ukraine, seeks Senate approval; Berlin talks advance peace while weighing sovereignty against conflict resolution.
The United States has pledged to protect Ukraine from future Russian attacks, signaling strong support for European security. Washington will also seek Senate approval for its proposed role in the region, highlighting its commitment to defending allies and deterring further aggression.
In Berlin, talks between U.S., Ukrainian, and European leaders have reportedly made significant progress, with discussions focusing on security guarantees and potential frameworks for a peace deal with Russia. Territorial concessions remain a major sticking point, with negotiators carefully weighing Ukraine’s sovereignty against the urgency of ending the conflict.
U.S. officials emphasize that while they hope for a resolution by year-end, they are not applying undue pressure on Ukraine. Proposed security guarantees could include weapons provisions and monitoring mechanisms, echoing NATO’s collective defense commitments, in an effort to strengthen Ukraine’s negotiating position.
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#UkraineConflict #USSupport #BerlinTalks #EuropeanSecurity #PeaceNegotiations #NATO #RussiaUkraine #GlobalPolitics
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