The Daily Populous

Thursday May 20th, 2021 evening edition

image for Elon Musk Effect on Cryptocurreny? How Tesla CEO Moves Bitcoin, Dodgecoin with Just a Tweet

If anyone has amassed considerable power to move markets with a single tweet, it’s none other than the Elon Musk.

With over 55 million followers, the celebrity CEO ‘literally’ shakes the market every time he posts something about cryptocurrencies on Twitter.

The latest impact of Musk’s tweet was noticed on May 19 when the entire crypto sector lost nearly $1 trillion at one point.

A Musk tweet with barely any word and two emojis helped bitcoin and ether to pare back their losses later in the day on Wednesday.

The electric carmaker co-founder said Tesla has “diamond hands", implying that the auto company would not be parting with its $1.5 billion stake in bitcoin.

Musk’s tweets about dogecoin recently triggered a rally in the digital currency, which started as a social media parody.

Soon after Musk’s tweet, a cryptocurrency called Starbase Token, carrying the STAR ticker, surged around 6000%, reported CryptoPotato. »

Cops who hogtied and dislocated shoulder of elderly woman with dementia during brutal arrest have been criminally charged

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Two former Colorado police officers who brutalized a 73-year-old woman with dementia during a June 26 arrest have been criminally charged, NBC News reports.

Austin Hopp was charged with assault causing serious bodily injury, official misconduct and attempt to influence a public servant.

A federal lawsuit says the victim, Karen Garner, suffered a dislocated shoulder, a fractured arm and a sprained wrist after she was slammed to the ground and hogtied. »

Ford F-150 Lightning revealed: an electric truck for the masses

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The base model with 230 miles of range starts at $39,974, while the extended range version starts in the mid-$50,000s and can go about 300 miles.

It has a few unique tricks that may make buyers who are skittish about range or price think twice, too.

The company says the standard range battery should get around 230 miles of range, while the extended range battery should be good for 300 miles (though neither spec has been officially rated by the Environmental Protection Agency yet). »

Stop Worrying and Love the F-150 Lightning

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“This may be one of the important products in decarbonization,” Tim Latimer, an energy-industry veteran, tweeted last week.

An electric F-150 opens up an enormous new market for EVs and signals that climate-friendly technology has reached the soybean fields and construction sites of middle America.

Even if Americans quadrupled their use of public transportation, most travel would happen by car or truck, whether electric or gas-powered. »

Judge rules DeVos must testify in lawsuit over student loan forgiveness

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She criticized the Obama administration’s more permissive approach to approving loan forgiveness claims as allowing students to tap into “free money” from the government.

Alsup also said it was clear that DeVos had personal involvement in decisions about the student loan forgiveness claims.

DeVos’ personal attorney had argued that it would unduly burdensome and unprecedented for her to testify in the lawsuit. »