Fun

Elon Musk Changes Twitter Profile to Bitcoin, Tweets ‘It Was Inevitable’ — BTC Price Skyrockets

News Feed - 2021-01-29 09:01:23

Elon Musk Changes Twitter Profile to Bitcoin, Tweets "It Was Inevitable" — BTC Price Skyrockets


Elon Musk has changed his Twitter profile to just “#bitcoin.” The Spacex and Tesla CEO also tweeted, “In retrospect, it was inevitable.” The price of bitcoin immediately soared. Elon Musk’s Bitcoin Twitter Profile and Tweets


Spacex and Tesla CEO Elon Musk changed his Twitter profile to “#bitcoin” on Friday morning. He also made a cryptic tweet that says, “In retrospect, it was inevitable.” At the time of writing, his tweet has been liked over 152.6K times, retweeted 22.2K times, and commented on 12.8K times. The billionaire entrepreneur has about 43.8 million followers on Twitter. Elon Musk’s Twitter profile and latest tweet. Source: Twitter


The tweet was made at 3:22 AM EST on Jan. 29 when the price of bitcoin was hovering around $32,212 based on data from markets.Bitcoin.com. Immediately after the tweet, the price of bitcoin shot up and peaked at about $37,803, which was more than a 17% surge before retreating slightly. The current BTC price stands at $36,965. Bitcoin’s price chart on Jan. 29 based on data from markets.Bitcoin.com showing a price spike after Elon Musk changed his Twitter profile to #bitcoin and tweeted, “In retrospect, it was inevitable.”


Many people on Twitter see Musk’s tweet and profile change as a massive endorsement for bitcoin. Morgan Creek Digital partner Anthony Pompliano commented: Elon Musk, one of the richest men in the world and the greatest innovator of our time, has only one word in his Twitter bio: bitcoin … Tesla and Spacex adding bitcoin to their balance sheet is now inevitable.



The Tesla CEO overtook Amazon CEO Jeff Bezos as the world’s richest man early this month but has since fallen back to second place, according to Forbes’ real-time billionaire list. Another billionaire, Twitter CEO Jack Dorsey also has his Twitter profile set to just #bitcoin.


Musk has been tweeting about bitcoin regularly. He had repeatedly said before that he only owns 0.25 BTC which was gifted to him by a friend. In December, he pondered about putting some of Tesla’s treasury into bitcoin.


He has also been tweeting plenty about dogecoin and recently participated in a doge pump. His Twitter profile used to display: “Former CEO of Dogecoin.”


What do you think about Elon Musk changing his Twitter profile to #bitcoin? Let us know in the comments section below. Guggenheim Investments" Scott Minerd Says There Is Insufficient Institutional Support to Sustain BTC Prices Above $30K MARKETS AND PRICES | 2 hours ago Wall Street "Perma Bear" Predicts Stock Market Crash: Says Bitcoin Cannot Be Ignored as He Touts Gold MARKETS AND PRICES | 3 days ago Tags in this story elon endorses bitcoin, elon musk bitcoin, elon musk bitcoin profile, elon musk btc, elon musk doge, elon musk dogecoin, elon musk profile, elon musk tweet, elon musk twitter bitcoin


Image Credits: Shutterstock, Pixabay, Wiki Commons Purchase Bitcoin without visiting a cryptocurrency exchange. Buy BTC and BCH here. Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article. Read disclaimerShow comments

News Feed

Roaring Kitty fraud lawsuit over GameStop dropped after 3 days
Tom Mitchelhill7 hours agoRoaring Kitty fraud lawsuit over GameStop dropped after 3 daysA GameStop investor who accused Roaring Kitty of committing securities fraud has voluntarily dropped the complaint “without prejud
Backpack crypto exchange’s success is a testament to a maturing industry: Founder
Zoltan Vardai5 hours agoBackpack crypto exchange’s success is a testament to a maturing industry: FounderThe crypto industry is at an inflection point following legacy bank failures and black swan events in the crypto
Canada to sanction LiquiTrade for Securities Act violation
Arijit Sarkar1 hour agoCanada to sanction LiquiTrade for Securities Act violationThe BCSC finds LiquiTrade guilty of running an illegal exchange, which could result in sanctions ranging from fines to a ban.422 Total view
Bolstering Privacy: Human Rights Foundation Donates $50K Toward Bitcoin Mixing Development
Bolstering Privacy: Human Rights Foundation Donates $50K Toward Bitcoin Mixing DevelopmentOn June 10, 2020, the Human Rights Foundation (HRF) launched a fund that is dedicated to th
Donald Trump Warns US Economy Is Facing ‘Much Bigger Problem Than Recession’ — ‘We’ll Have a Depression’
Donald Trump Warns US Economy Is Facing "Much Bigger Problem Than Recession" — "We"ll Have a Depression" Former President Donald Trump has warned that the U.S. economy is facing
Crypto ready for next phase of adoption: Winning over financial advisers
Alex O’Donnell11 hours agoCrypto ready for next phase of adoption: Winning over financial advisersCrypto struggles to reach beyond its base. With ETFs now live, financial advisers are key to wider adoption.1032 Total v
Tether mints another $1B — Last time, it helped Bitcoin climb to $73K
Zoltan Vardai6 hours agoTether mints another $1B — Last time, it helped Bitcoin climb to $73KBitcoin has flipped its old resistance into support as USDT’s market cap continues to grow rapidly in 2024.3541 Total views
Bitcoin conference organizer to raise $15M for Trump campaign: Report
Turner Wright5 hours agoBitcoin conference organizer to raise $15M for Trump campaign: ReportThe reported fundraiser will come after the Republican National Convention, in which delegates are expected to nominate Donald
Majority of Russia’s Financial Pyramids in Q1 Linked to Crypto, Scammers Exploit Sanctions Topic
Majority of Russia’s Financial Pyramids in Q1 Linked to Crypto, Scammers Exploit Sanctions Topic Many of the financial pyramids identified in Russia during the first quarter of t
Swiss regulator forces crypto-friendly FlowBank into bankruptcy
Brayden Lindrea8 hours agoSwiss regulator forces crypto-friendly FlowBank into bankruptcyThe Switzerland-based bank reportedly had ties to the TrueUSD stablecoin issuer, Techteryx, crypto asset manager CoinShares and Bin
Jesse Coghlan7 hours agoSam Bankman-Fried needs more Adderall to focus during trial, say lawyersLawyers for the FTX founder have asked if he can take long-release ADHD medication, as he’s been unable to properly concen
29 Crypto Exchanges Survive New Regulation in South Korea, 37 Exchanges Must Shut Down
29 Crypto Exchanges Survive New Regulation in South Korea, 37 Exchanges Must Shut Down The deadline for crypto exchanges and service providers in South Korea to meet requirements t