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Dogecoin Down Nearly 40% From Record Value After Elon Musk ‘SNL’ Appearance

Dogecoin Down Nearly 40% From Record Value After Elon Musk ‘SNL’ Appearance

Share to FacebookShare to TwitterShare to LinkedinTopline The value of dogecoin sank to 44 cents on Sunday morning despite multiple shoutouts from Tesla billionaire Elon Musk during his much-anticipated appearance on “Saturday Night Live,” a disappointment for the many investors who hoped the self-proclaimed “Dogefather” would help rally the coin’s value past $1.  SpaceX owner…

Betting on upcoming startup markets

Betting on upcoming startup markets

Welcome back to The TechCrunch Exchange, a weekly startups-and-markets newsletter. It’s broadly based on the daily column that appears on Extra Crunch, but free, and made for your weekend reading. Want it in your inbox every Saturday? Sign up here. Ready? Let’s talk money, startups and spicy IPO rumors. Betting on upcoming startup markets This…

Elon Musk Warns People To ‘Invest With Caution’ As Dogecoin Rallies Ahead Of His SNL Appearance

Elon Musk Warns People To ‘Invest With Caution’ As Dogecoin Rallies Ahead Of His SNL Appearance

Share to FacebookShare to TwitterShare to LinkedinTopline Tesla CEO Elon Musk urged people to be wary when investing in cryptocurrencies Friday as his upcoming appearance on Saturday Night Live spurred investors to pile into ‘joke’ cryptocurrency dogecoin this week, leaving it the fourth most valuable cryptocurrency as its value soared to new record highs.  Elon…

EXCLUSIVE U.S. Justice Department probing Kabbage, fintechs over PPP loan calculations -sources

EXCLUSIVE U.S. Justice Department probing Kabbage, fintechs over PPP loan calculations -sources

The U.S. Department of Justice is investigating whether financial technology companies including Atlanta-based Kabbage Inc may have erred while distributing billions of dollars in pandemic aid to struggling small businesses, three people with knowledge of the matter told Reuters.The investigation, led by the Justice Department’s civil division, is examining whether Kabbage and other fintech companies…