Billionaire hedge fund manager Bill Ackman is potentially collaborating with Elon Musk’s X platform, formerly known as Twitter. This unexpected partnership has sparked interest in the cryptocurrency community, particularly regarding its implications for Dogecoin. Currently, Dogecoin is trading at under $0.060 and is the ninth-largest cryptocurrency with a market cap of $8.3 billion. Dogecoin co-founder Billy Markus recently challenged the SEC’s taxation of cryptocurrencies, arguing that if they have no inherent value, they should not be taxed. Elon Musk supported Markus’s viewpoint, questioning the inconsistency of taxing cryptocurrencies while denying their realness. Musk’s involvement in the discussion has led to speculation about a potential rally in Dogecoin’s price and the integration of DOGE payments into Musk’s payment strategies.

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Information	Details
Geography	North America
Countries	🇺🇸
Sentiment	neutral
Relevance Score	0
People	Elon Musk, Billy Markus
Companies	Twitter, Coinbase, FINRA, X, CySEC, eToro, SpaceX, FCA, SEC, Tesla
Currencies	Dogecoin
Securities	None