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Twitter posts by entrepreneur Elon Musk, rapper Snoop Dogg, and musician Gene Simmons caused Dogecoin cryptocurrency to hit a historic high on Monday, according to CoinGecko, a website which tracks fluctuations in the value of the world's major cryptocurrencies in real time.
"Dogecoin is the people’s crypto," Musk posted on Twitter, following by several over tweets supporting the cryptocurrency. Rapper Snoop Dogg and Kiss bassist Gene Simmons later agreed with him with various posts about the currency on social media.
Dogecoin price on Monday rose to an all-time high of $0.823. Market capitalization has surpassed the $13.5 bln mark. The price later declined. Dogecoin currently reaches $0.069 (+20.4%).
At the end of January, Musk's tweets led to a sharp growth of another cryptocurrency - bitcoin. Within one hour, it rose by $5,000 to $37,299 after Musk added the cryptocurrency’s hashtag to his account.
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Starting Monday, businesses in Ohio will be able to pay their taxes in bitcoin — making the state that’s high in the middle and round on both ends the first in the nation to accept cryptocurrency officially, reported TechCrunch.
According to the latest data released by the National Statistical Institute, Bulgarian household incomes experienced a remarkable surge in 2023, reaching an average of BGN 10,846 per household member.
The National Statistical Institute's latest report unveils a marginal annual increase in the income of Bulgarians in 2023 compared to their expenses, marking a reversal of the trend observed in 2022
In a recent interview on Nova TV, former Minister of Economy Bogdan Bogdanov expressed skepticism regarding Bulgaria's prospects of entering the Eurozone at the outset of 2025
The path to Eurozone accession for Bulgaria may see a significant milestone in 2025, albeit not at the outset of the year, according to Dimitar Radev, the governor of the Bulgarian National Bank (BNB)
Amidst discussions about Bulgaria's journey towards joining the Eurozone, Deputy Governor of the Bulgarian National Bank (BNB), Petar Chobanov, highlighted the robustness of Bulgaria's banking system, stating it aligns closely with Eurozone standards
In a recent interview with BTA, Kristalina Georgieva, Managing Director of the IMF, emphasized the importance for Bulgaria to seize the opportunity to adopt the euro, stressing that it is achievable with the right political will
UN Happiness Report: Bulgaria's Astonishing Leap in Rankings
Bulgaria: 3 Regions With Lowest Life Expectancy - EU Report 2022
