Elon Musk-owned SpaceX gets paid in Dogecoin for new mission

The global crypto market cap is $2.47 trillion with a 24-hour volume of $233.52 billion. The price of Bitcoin is $57,655.86 and the BTC dominance is at 43.7%.

by Shaurya Malwa

If you said Dogecoin would be accepted by one of the world’s largest private space companies last year….well, no one would have actually said that.

Except that today it became a reality. SpaceX, the Elon Musk-owned space exploration and transportation company will be paid entirely in Dogecoin for a commercial payload to the moon on its Falcon 9 rocket.

“SpaceX launching satellite Doge-1 to the moon next year. Mission paid for in Doge. 1st crypto in space. 1st meme in space,” wrote Musk on Twitter, attaching a “To the Moon” song featuring a Shiba Inu dog.

Read the full story here ➡️

Ad 📈 Earn 8% APY on Bitcoin & 9 more crypto assets and 12% on Fiat & Stablecoins. Compounding interest, paid out daily.

Start Earning Interest with Nexo

More news ⏬

Binance lists ‘Dogecoin killer’ Shiba Inu (SHIB) and its perpetual futures

Cryptocurrency exchange Binance quickly jumped on the sudden Shiba Inu (SHIB) bandwagon today, listing the much-hyped canine token in the “Innovation Zone” and adding the corresponding perpetual contracts to its futures platform.

2 min read →

Swiss bank UBS ponders offering Bitcoin investments to wealthy clients

Major Swiss investment banking company UBS is currently in the “early stages of planning” to offer its rich clients some options to invest in cryptocurrencies, knowledgeable sources told Bloomberg today.

2 min read →

Ethereum (ETH) breaks $4,000 as ‘shorts’ lose $77 million

Ethereum broke the $4,000 level this morning ahead of the upcoming Ethereum Improvement Proposal (EIP)-1559 in July, data from multiple sources show.

2 min read →

Grayscale’s parent company bets $1 million on Dogecoin’s decline

Barry Silbert, founder and CEO of crypto investment giant Grayscale Investments’ parent company Digital Currency Group (DCG), revealed that his firm has opened a $1 million short position on Dogecoin (DOGE), betting on the token’s decline.

2 min read →

Ethereum fees skyrocket as a DOGE knock-off surges 32,500% in 30 days

The price of Shiba Inu (SHIB), a previously obscure token created to ape Dogecoin’s (DOGE) success, has surged by an astounding 32,500% over the past 30 days, resulting in a trading craze that congested Ethereum’s (ETH) blockchain and pushed transaction fees to prohibitively high levels yesterday.

2 min read →

Dogecoin (DOGE) falls 25% after Elon Musk’s Saturday Night Live appearance

Tesla CEO Elon Musk took to the popular Saturday Night Live (SNL) show a few hours ago as millions of viewers expected him to comment on Dogecoin, the world’s fifth-largest cryptocurrency.

2 min read →

Ultra-rare Meebit NFT minted via exploit sells for $765,000

An exploit in non-fungible token (NFT) platform Meebits, created by the developers of “OG” collectibles CryptoPunks, allowed one user to cheat the system and get an ultra-rare NFT—which he immediately sold for 200 Ethereum (around $765,000 currently).

2 min read →

Ray Dalio’s Bridgewater CFO leaves to work on Bitcoin full-time

John Dalby, now-former chief financial officer at investment company Bridgewater Associates, has been appointed as the CFO of Bitcoin (BTC) financial services firm New York Digital Investment Group (NYDIG).

2 min read →

Nuvei to acquire crypto payments processor Simplex for $250 million

Canadian publicly listed payment technology company Nuvei has announced its plans to buy crypto payments processor Simplex, which recently became a member of the Visa network, for $250 million.

2 min read →

Control your wealth

Ad: A trusted and accessible wealth management ecosystem powered by blockchain technology, SwissBorg puts your wealth back in your hands.

Download the SwissBorg App

🔥 Trending Sectors

Crypto market data

For more pertinent market data, please see:

Connect with us

Disclaimer: None of the content in this newsletter is meant to be financial advice. Please do your own due diligence before taking any action related to the content within this article.