Tesla CEO Elon Musk, who managed to alienate a solid part of the crypto community with recent tweets, has renewed his support of Dogecoin (DOGE/USD), the notorious meme-based cryptocurrency. Its price skyrocketed this year, up almost 10,000% y/y, and made the list of the top ten cryptos by market cap. Bitcoin’s (BTC/USD) ascent pales by comparison, adding ‘just’ 400% y/y, with much of its growth achieved after Musk revealed Tesla had bought Bitcoin worth $1.5 billion at the beginning of the year. Musk agreed DOGE miners needed to keep their software updated in response to meme coin co-creator Billy Markus. Miners are ... (full story)