• Press Releases
    • Submit a press release
    • Read All
  • Contact us
Advertise
Bitcoinist.com
No Result
View All Result
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
    • Price
      • Bitcoin Price
      • Ethereum Price
      • Binance Coin Price
      • Litecoin Price
  • Industry
    • Industry News
    • Press Releases
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • How to do Crypto Gambling
      • Crypto Casinos
        • Ethereum Casinos
        • Solana Casinos
        • LiteCoin Casinos
        • DogeCoin Casinos
        • Live Crypto Casinos
        • New Casinos
        • Instant Withdrawal Casinos
        • Cash App Casinos
        • No KYC Casinos
        • VPN Casinos
        • Offshore Casinos
          • Crypto Casinos IT
          • Crypto Casinos ES
            • All Guides
          • Crypto Casinos JP
          • Crypto Casinos SG
          • Crypto Casinos MY
          • Crypto Casinos KR
          • No GAMSTOP Casinos in UK
          • No Cruks Casinos NL
      • Crypto Betting
        • No ID sportsbooks
    • Play Crypto Games
      • Crypto Poker
      • Crypto Slots
      • Crypto Blackjack
      • Crypto Crash Gambling
        • Aviator Sites
      • Plinko
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Events
  • Play Games
Breaking News: BREAKING: Saylor's Strategy Misses S&P 500 Inclusion, Robinhood Takes Spotlight
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
    • Price
      • Bitcoin Price
      • Ethereum Price
      • Binance Coin Price
      • Litecoin Price
  • Industry
    • Industry News
    • Press Releases
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • How to do Crypto Gambling
      • Crypto Casinos
        • Ethereum Casinos
        • Solana Casinos
        • LiteCoin Casinos
        • DogeCoin Casinos
        • Live Crypto Casinos
        • New Casinos
        • Instant Withdrawal Casinos
        • Cash App Casinos
        • No KYC Casinos
        • VPN Casinos
        • Offshore Casinos
          • Crypto Casinos IT
          • Crypto Casinos ES
            • All Guides
          • Crypto Casinos JP
          • Crypto Casinos SG
          • Crypto Casinos MY
          • Crypto Casinos KR
          • No GAMSTOP Casinos in UK
          • No Cruks Casinos NL
      • Crypto Betting
        • No ID sportsbooks
    • Play Crypto Games
      • Crypto Poker
      • Crypto Slots
      • Crypto Blackjack
      • Crypto Crash Gambling
        • Aviator Sites
      • Plinko
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Events
  • Play Games
Bitcoinist.com
No Result
View All Result
Breaking News: BREAKING: Saylor's Strategy Misses S&P 500 Inclusion, Robinhood Takes Spotlight
Elon Musk Twitter

Elon Musk Suddenly Follows Crypto Exchange OKX On Twitter, Why?

Jake Simmons
by Jake Simmons
2 years ago
·
Posted in Crypto News
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Elon Musk is currently in the headlines for suspending several Twitter accounts of US journalists after Twitter implemented a no-doxxing policy. As Bitcoinist reported, an incident occurred last night in which Musk’s son’s car was stopped by a stalker.

The cause, according to the billionaire, were tweets from the account @elonjet, which was tracking the billionaire’s flight movements and had more than 526,000 followers. As a result of the incident, Musk implemented a new policy.

Once again, the billionaire has made it into the headlines. However, this time around, it is for following the official account of the OKX crypto exchange on Twitter.

Why Is Elon Musk Following Crypto Exchange OKX?

In other striking news, the former richest man in the world suddenly follows OKX’s official Twitter account. The revelation is notable in the sense that Musk follows only 151 accounts on Twitter.

Among these accounts are his own companies, such as Tesla, Neuralink and The Boring Company. However, he also follows personalities such as French President Emmanuel Macron, Apple CEO Tim Cook, podcaster Lex Friedman and also the official account of South Park.

Related Reading: Elon Musk Suspends Several Journalists, Crypto Twitter Reports Issues

Within the crypto community, Musk only follows the official account of Dogecoin and its founder Billy Markus aka Shibetoshi Nakamoto. Otherwise, the Twitter CEO does not keep track of any crypto-related accounts.

That the Tesla CEO now follows cryptocurrency exchange OKX is astonishing because he doesn’t even follow Binance or its CEO Changpeng Zhao. Binance, currently the world’s largest crypto exchange, was one of Twitter’s backers, providing $500 million to help Musk buy the company.

The crypto community is currently heavily speculating on what might be brewing and what the significance of Musk’s action might be.

Related Reading: Elon Musk Sells Tesla Shares Worth $3.58 Billion, Will He Buy Bitcoin Or Dogecoin?

OKX, formerly known as OKEx, is a cryptocurrency exchange and derivatives platform founded by Star Xu in the Seychelles. It launched in 2017 and is part of Ok Group, which also owns the crypto exchange Kucoin. Remarkably, OKX is not available to investors based in the United States.

FLOKI Token Listing A Reason? An Acquisition?

One speculation for the billionaire’s action at present is that the Floki (FLOKI) cryptocurrency could play a role. According to the developers, Floki is a cryptocurrency created by fans and members of the Shiba community and is inspired by the “DogeFather” own Shiba.  As it happens, FLOKI was listed on OKX just yesterday.

FUN FACT: We announced Yesterday that #OKX will list $FLOKI.

Elon Musk followed @OKX today, making it the only #crypto exchange he currently follows.

Is the universe speaking? 🤔

We take the #Dogefather following OKX the day they list #Floki as a very positive signal! https://t.co/YvKZ6Sp62m pic.twitter.com/pgkoaRjGhi

— FLOKI (@RealFlokiInu) December 16, 2022

It was also revealed just yesterday that Elon Musk has sold billions of Tesla shares for the fourth time this year. The CEO made the sales from Monday to Wednesday. The total value was $3.58 billion, according to a filing with the U.S. Securities and Exchange Commission.

What Musk plans to use the money for is unclear at this time. His previous sales were presumably used to make the Twitter acquisition happen. Because of this, it is not surprising that the first rumors surfaced on Crypto Twitter that the billionaire could take over OKX. However, since there is no evidence for this so far, this opinion can be assigned to the rumor mill for the time being.

OKB Displays Cautious Pump

The revelation has once again triggered an “Elon Musk effect”. OKX’s exchange token, the OKB token, temporarily rose 8%. At press time, OKB was at $23.98, recording a 5% increase in the last 24 hours. Over the past seven days, OKB has posted a return of around 13%.

OKB price pumping after Musk revelation
OKB price, 1-hour chart. Source: TradingView
Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.
ShareTweetShareShare

Sign Up for Our Newsletter!

For updates and exclusive offers enter your email.

I consent to my submitted data being collected and stored.
Jake Simmons

Jake Simmons

Follow

Jake Simmons has been a Bitcoin enthusiast since 2016. Ever since he heard about Bitcoin, he has been studying the topic every day and trying to share his knowledge with others. His goal is to contribute to Bitcoin's financial revolution, which will replace the fiat money system. Besides BTC and crypto, Jake studied Business Informatics at a university. After graduation in 2017, he has been working in the blockchain and crypto sector. You can follow Jake on Twitter at @realJakeSimmons.

Full Profile

Related Posts

Trump Media

Trump Media Invest $105M In CRO Following Crypto.Com Treasury Agreement

13 minutes ago
MARA Bitcoin holdings near $6b Bitcoin Hyper gains

MARA’s Bitcoin Treasury Nears $6B After Mining 705 $BTC in August, Fueling Bitcoin Hyper’s $14M Presale

2 hours ago
SOL Strategies to List on Nasdaq: Solana Outlook and Why You Can’t Miss $SNORT

SOL Strategies to List on Nasdaq: Solana Outlook and Why You Can’t Miss $SNORT

2 hours ago
XRP

XRP In The Skies: Air China May Let Millions Pay With Crypto

4 hours ago
Best Altcoins to Buy as Ethereum Outflows Signal Renewed Accumulation

Best Altcoins to Buy as Ethereum Outflows Signal Renewed Accumulation

3 hours ago
crypto, Coinbase, SEC, PayPal

US SEC Under Fire For Gensler’s ‘Missing’ Texts From Key Crypto Crackdown Period

8 hours ago

Premium Sponsors

Press Releases

  • minwer

    XRP Holders Can Earn $10,000 a Day Through COME...

    18 hours ago
  • BTC prices hit a two-week high, and holders flocked to GMO...

    18 hours ago
  • miner

    Cardano (ADA) Market Outlook: Long-term Potential Passive...

    18 hours ago
  • etnminer

    How to Play to Earn Crypto in 2025: Discover 6 Most...

    24 hours ago
  • miner

    BAY Miner Cloud Mining App Launches with ETH and BTC Users...

    1 day ago

Bitcoin news portal providing breaking news, guides, price analysis about decentralized digital money & blockchain technology.

Bitcoin

  • News
  • Price
  • Businesses
  • Acceptance
  • Technology
  • Investment
  • Regulation
  • Reviews

Altcoins

  • News
  • Price
  • Ethereum
  • Ripple
  • Litecoin
  • EOS

Categories

  • Blockchain
  • Security
  • FinTech
  • Technology
  • Trending
  • Breaking News
  • Press Releases
  • How to

About Us

  • Advertise
  • Contact us
  • Editorial Policy
  • Privacy Policy
© 2025 Bitcoinist.com. All Rights Reserved.
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
    • Price
      • Bitcoin Price
      • Ethereum Price
      • Binance Coin Price
      • Litecoin Price
  • Industry
    • Industry News
    • Press Releases
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • How to do Crypto Gambling
      • Crypto Casinos
      • Crypto Betting
    • Play Crypto Games
      • Crypto Poker
      • Crypto Slots
      • Crypto Blackjack
      • Crypto Crash Gambling
      • Plinko
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Events
  • Play Games
Advertise

© 2025 Bitcoinist. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.