Once again, Elon Musk, CEO of Tesla Inc., caused a significant surge in Dogecoins valuation with a single tweet, reports Fortune.
The Power of a Tweet: Musk, known for his fondness for memes and dogs, on Wednesday, tweeted a meme featuring the cartoon character Scooby-Doo with the caption Doges ftw [for the win].
This led to a rapid increase in the value of Dogecoin DOGE/USD , a cryptocurrency based on the Doge meme. In just 15 minutes, the market capitalization of Dogecoin rose by 3% (about $320 million) from $9.64 billion to $9.96 billion.
Musks Influence on Dogecoin: This is not the first time Musks tweets have significantly impacted the value of Dogecoin. In February, he created $500 million bump in valuation for the coin with a picture of his dog. In April, he changed Twitters logo to the Doge meme, causing a more than 20% increase in the cryptocurrencys value.
Musk has often publicly expressed his fondness for Dogecoin, stating at a conference in May that it is his favorite cryptocurrency because it has the best humor and it has dogs.
See Also: Elon Musk Drops Clues About Teslas Potential Partnership With Major Automaker To License Self-Driving Technology
Legal Implications: However, Musks influence over Dogecoin has also led to legal issues. A group of Dogecoin investors filed a class action lawsuit demanding $258 billion in damages from Musk, alleging that his tweets and comments about the token amount to market manipulation.
Musks lawyers have dismissed the suit as a fanciful work of fiction over his innocuous and often silly tweets.
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Chisholm hit a second-inning, go-ahead homer and a bases-loaded triple while making three sparkling defensive plays at third base Sunday in a 12-5 romp over the Athletics.
“That’s why we got him. That’s what the Yankees do. They go after guys that are going to make an impact,” said New York captain Aaron Judge, who homered twice to reach 30 for the sixth time.
Chisholm is batting .318 with six homers, 18 RBIs and four stolen bases since returning from a strained right oblique on June 3, raising his season totals to .242 with 13 homers, 35 and 10 steals in 53 games.
“I feel like me. I feel I’m back in my era, that I was younger just going out there and just hitting, just not worrying about stuff,” the 27-year-old said. “Just not worrying by my swing, not worrying about striding too far. Everything just feels good and I’m just going.”
After a four-RBI night against Boston in his fourth game back, Chisholm made the unusual assertion he was thriving by giving 70% effort and not stressing.
With New York seeking to reopen a 1½-game AL East lead, he drove a first-pitch sinker from former Yankee Luis Severino into the right-field seats for a 1-0, second-inning lead. Ever exuberant, he raised his right hand and made a peace sign toward the Yankees bullpen after rounding first.
Chisholm snagged Jacob Wilson‘s two-hopper with two on and one out in the third, bounded off third base for the forceout and balletically arced a throw to first for an inning-ending double play.
With the bases loaded in the bottom half, Chisholm hit a changeup to the right-center gap that rolled past center fielder Denzel Clarke. He pulled into third base standing up and raised three fingers.
“It’s like a blackout situation,” Chisholm said. “I didn’t even realize I put up three at third base.”
With the bases loaded in the sixth, he made a diving stop near the dirt behind third on Luis Urías‘ 102.1 mph smash, popped up and followed with a one-hop throw to first baseman Paul Goldschmidt. Then he caught Tyler Soderstrom‘s foul pop in the eighth inning while falling against netting in the narrow space next to the rolled-up tarp.
“Jazz’s defense I think was better than even his day at the plate,” said pitcher Marcus Stroman, who won in his return from a 2½-month injury layoff. “He was incredible over there: a bunch of huge plays that helped me out in big spots, plays that are not normal plays.”
New York acquired Chisholm from Miami last July 27 for three minor leaguers. Since then, he has hit .257 with 24 homers, 58 RBIs and 28 stolen bases in 99 games.
“His game’s so electric, and he can change the game and kind of affect the game in so many different ways in a dynamic fashion,” Yankees manager Aaron Boone said. “So, when he is playing at a high level, I think it does energize everyone.”
Chisholm briefly caused worry in the sixth. He grimaced in pain after stopping his swing at a 1-2 fastball from Elvis Alvarado, which sailed high and outside. Chisholm went to the dugout and immediately up the tunnel to the clubhouse.
Then he reappeared at third base for the start of the seventh.
“The bat kind of slipped out of my hand and hit me on the finger,” he said. “It just hit the bone and when you get hit on the bone, it’s kind of funny, it’s just feels weird. So, it was kind of scary at first, but we’re good.”
Judge, meanwhile, didn’t allow Athletics reliever Tyler Ferguson to make good on last year’s wish of striking out the Yankees slugger.
Ferguson, who set his goal last year after making his debut with the Athletics following nine seasons in the minor leagues, was one strike away in his first matchup with Judge on Sunday. Instead, he gave up a two-run shot off a 95.5 mph four-seam fastball in the seventh to become the 261st pitcher to give up a homer to the slugger.
Judge said he had been unaware of Ferguson’s comment.
Ferguson turned around and watched the 426-foot drive as YES Network play-by-play announcer Ryan Ruocco proclaimed: “The King of Fresno.”
“That’s why you don’t talk in public,” YES Network analyst and former reliever Jeff Nelson said on the telecast. “You don’t make a comment that I want to strike out Judge in public. You keep it to yourself.”
Ferguson graduated from Clovis West High School in Fresno when Judge batted .308 as a sophomore at Fresno State in 2012.
“First time facing him, best hitter in the league,” Ferguson said. “So I was looking forward to that at-bat. I was able to get ahead and then wasn’t able to execute a couple of pitches and he was able to get it back to 3-2 and I didn’t get the ball quite as high as I would have liked and he made a good swing on it.”
Judge reached 30 homers for the fifth straight season and fourth time before All-Star break. He also became the sixth player in team history with six 30-homer seasons, and he joined Mickey Mantle and Joe DiMaggio as just the third to do so in the first 10 years of his career.
ANAHEIM, Calif. — Nationals slugger James Wood became the first major leaguer since Barry Bonds to be intentionally walked four times in a game in Washington’s 7-4, 11-inning win over the Los Angeles Angels on Sunday.
Bonds was intentionally walked four times in four different games in 2004. The only other players since at least 1955 to be intentionally walked four times in a game are Wood, Roger Maris, Garry Templeton, Manny Ramirez and Andre Dawson — who drew five intentional passes for the Chicago Cubs against Cincinnati on May 22, 1990.
players intentionally walked FOUR times in a game: andre dawson, barry bonds, roger maris, manny ramirez, gary templeton
After he had a single in the first inning, Wood’s intentional walks came with runners on second and third base in the fifth, a man on second in the seventh, a runner on third base in the ninth and a man on third in the 11th.
Changes to welfare reforms, forced on the government by rebel Labour MPs, are being revealed today ahead of a crucial vote.
The original bill restricted eligibility for the personal independence payment (pip) and cut the health-related element of universal credit (UC).
The government, which insisted welfare costs were becoming unsustainable, was forced into a U-turn after 126 Labour backbenchers signed an amendment that would have halted the bill at its first Commons hurdle.
While the amendment is expected to be withdrawn, after changes that appeased some Labour MPs, others are still unhappy and considering backing a similar amendment to be tabled today.
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2:59
Starmer defends welfare U-turn
Here are the main changes to the UC and pip bill:
• current pip claimants will keep their benefits; stricter eligibility requirements will only apply to new claims from November 2026 • a review of the pip assessment, which will have input from disabled people • existing recipients of the health-related element of UC will have their incomes protected in real terms
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Work and Pensions Secretary Liz Kendall said in a statement that the legislation now aims to deliver a “fairer, more compassionate system” ahead of the second reading and vote on Tuesday.
“We must build a welfare system that provides security for those who cannot work and the right support for those who can. Too often, disabled people feel trapped, worried that if they try to work, they could lose the support they depend on.
“That is why we are taking action to remove those barriers, support disabled people to live with dignity and independence, and open routes into employment for those who want to pursue it.
“This is about delivering a fairer, more compassionate system as part of our Plan for Change which supports people to thrive, whatever their circumstances.”
Image: Work and Pensions Secretary Liz Kendall insists welfare reforms will create ‘a fairer, more compassionate system’. Pic: PA
The Resolution Foundation believes the concessions could cost as much as £3bn, while the Institute for Fiscal Studies warned that the changes make tax rises more likely.
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On Sunday Morning with Trevor Phillips, Mr Streeting said: “There were things that we didn’t get right, we’ve put right, and there’ll be a debate about future amendments and things, I’m sure, as it goes through in the usual way.”
Image: Talking to Sky News about the welfare reforms, Health Secretary Wes Streeting said there were things Labour ‘didn’t get right’
On the same programme, shadow work and pensions secretary Helen Whately repeatedly refused to say whether the Conservatives would back the bill, but would review the proposals after the minister’s statement later.
“We have said that if there are more savings that actually bring the welfare bill down, if they’ll get more people into work, and if they commit to using the savings to avoid tax cuts in the autumn, which looks highly unlikely at the moment, then they have our support.”
The Liberal Democrats plan to vote against the bill and have called for the government to speed up access-to-work decisions to help people enter the workforce.