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Elon Musk denies telling people to invest in cryptocurrency

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Tesla CEO and Dogecoin enthusiast Elon Musk said on Tuesday that he “never said that people should invest in crypto[currency]” as retail investors feel the sting of the plummeting digital coins market.

Despite buying and touting Dogecoin, Musk told the Qatar Economic Forum on Tuesday that he made a distinction between publicly supporting the digital coin and urging others to invest.

“In the case of Tesla, SpaceX, myself, we all did buy some bitcoin, but it’s a small percentage of our total cash assets,” Musk told Bloomberg News on Tuesday.

Musk added that he also bought Dogecoin, which can also be used to buy Tesla merchandise.

The billionaire has repeatedly touted investments in cryptocurrencies in recent years. In March, he declared that he “won’t sell” his holdings in bitcoin, ethereum and Dogecoin despite rising inflation and economic uncertainty that has led many investors to sell riskier asserts.

The world’s richest person doubled and tripled down on his support for Dogecoin — sending the meme cryptocurrency soaring by more than 12% on Tuesday.

“I just know a lot of people who are not that wealthy who, you know, have encouraged me to buy and support Dogecoin,” Musk told Bloomberg News on Tuesday.

“I’m responding to those people.”

As of 10:00 a.m. on Tuesday, the value of a single unit of Dogecoin was trading at $0.067 — up 12.77%. However, it is still down more than 90% since hitting its all-time high of $0.74 in May 2021.

This is the second time in three days that Musk has reiterated his support for Dogecoin, which was originally created in 2013 as a joke.

“I will keep supporting Dogecoin,” Musk tweeted on Sunday.

When a Twitter user replied by saying Musk should “keep buying it” to show his support, the billionaire replied, “I am.”

The value of dogecoin surged by more than 12% on Tuesday after Musk's latest endorsement of the cryptocurrency.
The value of dogecoin surged by more than 12% on Tuesday after Musk’s latest endorsement of the cryptocurrency.
Bloomberg via Getty Images

Musk has emerged as a major backer of bitcoin, Dogecoin and other cryptocurrencies in recent months despite their propensity of volatile trading.

Dogecoin has regularly surged in value when Musk speaks publicly about his interest. Last year, the price surged ahead of Musk’s appearance as a guest-host on “Saturday Night Live,” hitting its all-time high before quickly dipping once the episode aired.

The cryptocurrency markets have tanked in recent weeks. Bitcoin was trading at just north of $21,600 as of 10:45 a.m. on Tuesday — down more than 60% since reaching an all-time high of nearly $70,000 in November.

The collapse of the crypto markets has prompted questions about whether backers of the digital coins were irresponsible in promoting them to retail investors.

On Monday, The Post reported that cryptocurrency companies who spent heavily on sports sponsorships last year are pulling back this year in order to cut costs.

Crypto exchange FTX — which shelled out $135 million to rename the home of the Miami Heat in March 2021 — pulled out of talks to provide a jersey patch to the MLB’s Los Angeles Angels in recent weeks as the crypto market tanked, sources with direct knowledge told The Post.

Another patch deal between the NBA’s Washington Wizards and a crypto company also recently fell through, the sources said.

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What Time Will ‘Riverdale’ Season 6 Be on Netflix?

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The season finale of Riverdale aired in late July on The CW. Notice we said season finale? Thankfully, the beloved series will return for a seventh season, but, unfortunately, Season 7 will be the final installment of Riverdale.

If you already streamed the current season, make sure to read Alex Zalben’s interview with Riverdale showrunner Roberto Aguirre-Sacasa on Decider. If you’re waiting to binge Season 6 on Netflix, well, you better clear your calendar because all 22 episodes are about to drop on the streamer. What time will the sixth season of Riverdale debut on Netflix? What time does Netflix release shows? Here’s everything you need to know.

WHEN IS THE RIVERDALE SEASON 6 NETFLIX RELEASE DATE?

Riverdale Season 6 premieres Sunday, August 7 on Netflix.

HOW MANY EPISODES ARE IN RIVERDALE SEASON 6?

The sixth season of Riverdale consists of 22 episodes.

WHAT TIME DOES NETFLIX RELEASE NEW SHOWS?

Netflix releases new episodes at 3:00 a.m. ET/12:00 a.m. PT.

WHAT TIME WILL RIVERDALE SEASON 6 BE ON NETFLIX?

Netflix is based out of California, so Riverdale Season 6 will be available to stream at 12:00 a.m. Pacific Standard Time (3:00 a.m. Eastern Standard Time) beginning Sunday, August 7. If the clock strikes 12:00 (or 3:00 a.m. for folks on the East Coast) and you don’t see the new episodes, give it a moment, hit refresh, and then enjoy the show!

WILL THERE BE A SEASON 7 OF RIVERDALE?

Yes! Decider recently covered that very topic.

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Actress Anne Heche Suffers Severe Burns After Crashing Car Into Los Angeles Home

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Actress Anne Heche, known for her roles in such films as Donnie Brasco, Volcano and I Know What You Did Last Summer, was involved in a fiery car crash in the Mar Vista area of Los Angeles on Friday.

According to TMZ, Heche was driving a blue Mini Cooper and had first crashed into the garage of an apartment complex. Residents of the apartment complex tried to get her out of the vehicle but she backed up and sped off.

Footage of Heche speeding down the streets of her neighborhood had been obtained by TMZ as well as her initial encounter at the apartment complex.

In the first clip, you can hear her car crash towards the end. It has been reported that the actress crashed into someone’s home, causing her vehicle and the house to erupt into flames. Heche suffered severe burns and was resisting being taken away in a stretcher. You can also view footage of this via the TMZ article.

It has not been confirmed whether alcohol has been involved in the incident since her condition prevents doctors from performing any tests to determine if she was driving under the influence. She is currently intubated in the hospital but expected to live.

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These are the vulgar license-plate requests the DMV has rejected

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Stay CL4SSY, New York!

The state Department of Motor Vehicles nixed 3,752 requests for vanity license plates in the last three years because it deemed them too raunchy, radical or simply ridiculous.

New York’s personalized plates go for $60 initially, and then $31.25 annually for renewal. You can get any plate as long as no one else has it and it’s not offensive.

Odds are a request for a plate that marks a wedding anniversary or shows your allegiance to a team — like METS86 — will pass muster with the DMV gatekeepers.

Vulgarity won’t get you to first base.

So plates with the phrase LFGM — the acronym for Pete Alonso’s “Let’s F–king Go Mets” rallying cry — did not make the cut.

And you won’t see anyone driving around with the custom plates MILFDAD, AS5M4N and WLHUNG.

Crude meanings such as “MILFDAD” are unacceptable by the DMV.
Crude meanings such as “MILFDAD” are unacceptable by the DMV.
New York DMV
NYC123
New York state Department of Motor Vehicles denied more than 3.5 thousand requests for license plates deemed inappropriate.
New York DMV
“AS5M4N” was rejected for referring to “Ass man.”
“AS5M4N” was rejected for referring to “Ass man.”
New York DMV

The DMV also put NICEBUNS, FATFANNY, GOTAPOOP and BENDOVER in the rear-view mirror.

One player unsuccessfully tried to score the plate YESDADDY, to no avail.

The DMV also shot down such dark requests as DEADGIRL, GENOC1DE, S8TAN, DETONATE and MURDERM3.

“SUM8ITCH” is not allowed.
“SUM8ITCH” is not allowed.
New York DMV
The DMV thoroughly nixed a request for “CNNLIES.”
The DMV thoroughly nixed a request for “CNNLIES.”
New York DMV
BOOBIE is prohibited.
BOOBIE is prohibited.
New York DMV

Getting political is a dead end too — FJOEBIDN, FDTRUMP and CNNLIES were nixed.

LUDEDUDE, NARCO, GOT METH and BLUNT also went up in smoke.

Staten Island attorney Bill Dertinger said his blue 1995 Jaguar SJS was tagged with ESQLTD after his company and his 2014 Porsche had the plate GHOSTGTS because the sleek sportscar was white.

“The plates can make you stand out — which can be a curse or a blessing,” the 54-year-old Dertinger said. “Make sure you don’t cut anybody off.”

A man attempted to sneak in “YESDADDY” onto his license plate.
A man attempted to sneak in “YESDADDY” onto his license plate.
New York DMV
The DMV stopped a request for “FJOEBIDEN.”
The DMV stopped a request for “FJOEBIDEN.”
New York DMV
The DMV also rejects any license plates referring to politics.
The DMV also rejects any license plates referring to politics.
New York DMV

There must be a New York Jets fan playing referee at the DMV because a request for the seemingly innocent plate GASE was sidelined. Ex-Jets head coach Adam Gase had an offensive 9-23 win-loss record during his forgettable two-year tenure.

The DMV would not reveal who gives the final yea or nay.

“The DMV reviews all custom license plate requests and works hard to ensure that any combinations that may be considered objectionable are rejected,” said agency spokesman Tim O’Brien.

“GLOCKS” referring to guns is not accepted by the DMV.
“GLOCKS” referring to guns is not accepted by the DMV.
New York DMV
“FLYMOFO” is not approved by the DMV.
“FLYMOFO” is not approved by the DMV.
New York DMV

He said guidelines on what plate combinations are restricted can be found on the DMV website: https://dmv.ny.gov/learn-about-personalized-plates. Approximately 50,000 personalized and custom plates are sold per year, O’Brien said.

Bagged Tags

The state DMV has rejected 3,752 requests for custom license plates in the last three years because it deemed them potentially offensive. Here are some:

YESDADDY

FJOEBIDN

FDTRUMP

GLOCKS

FLYMOFO

BOOBIE

AS5M4N

BUDLIGHT

DEADGIRL

SUM8ITCH

GENOC1DE

S8TAN

CNNLIES

DETONATE

MURDERM3

MILFDAD

WLHUNG

Source: NYS DMV

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