Dogecoin grows 7 percent post Elon Musk tweets as bitcoin and ethereum prices continue to fall - Dogecoin has grown 7% today after Elon Musk posted a couple of tweets to attract investment towards cryptocurrency.

Tesla CEO posted a meme by Marlon Brando in The Godfather with the message " Free the dog!", in reference to the cryptocurrency that uses image to one of the two dogs of the popular meme that compares facts and people from another era, with respect to those of now. He then used the lyrics of the popular children's song Baby Shark Dance, but with canine references.

Dogecoin was in the red, but quickly jumped back into the green, going from below $ 0.24 to rising above $ 0.25, according to Investing figures. In 24 hours, according to CoinMarketCap, Dogecoin has risen 1%, while bitcoin and ether are trading lower.

Dogecoin grows 7 percent post Elon Musk tweets

Musk has recently become one of the biggest drivers of cryptocurrency markets. Only in 2021 has it helped the sharp drop in the value of bitcoin, by banning payments on Tesla's electric vehicles and also criticizing the environmental impact of the largest cryptocurrency for the high energy cost of its mining.

The head of Tesla and Space X has long been a staunch supporter of dogecoin, a cryptocurrency that was born as a joke in 2013 and that one of its founders calls "for fools".

Dogecoin grows 7 percent post Elon Musk tweets: Recently, Musk pointed out that he was working with dogecoin developers to improve its efficiency. Although he has not always been so emphatic in defending the virtues of currency with the image of a meme.

Many investors expected Tesla's founder to defend crypto when he appeared on Saturday Night Live last May, but instead, when asked about dogecoin he said it was a "hustle."

Dogecoin grows 7 percent post Elon Musk tweets

Dogecoin has fallen more than 65% since Musk's appearance on the TV show, although the price of the token has recovered over the past week, as have bitcoin and Ethereum's cryptocurrency during the same week.

The current price of bitcoin stands at almost $ 34,000, well below its May peaks, and that of ether above $ 2,000.

Dogecoin grows 7 percent post Elon Musk tweets

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This will finally be the biggest ERE of the banking sector in Spain: CaixaBank agrees with the unions the exit of almost 6,500 employees

Final point to the negotiations for the largest ERE in the Spanish banking sector. Finally, CaixaBank has reached an agreement with the unions for the departure of 6,452 workers. A figure that, despite the bulky, is lower than the initial 8,291 employees proposed by the entity after its merger with Bankia.

The representatives of the entity and of the workers have been sitting down to agree on the conditions for weeks, these negotiations have intensified in the last two days, since the objective was to reach an agreement by the end of June.

In addition, the pact includes early retirement from the age of 52 and an extension to 40 kilometers of the radius of mobility for the transfer of employees, although, in the case of the latter, "sources of negotiation" believe that this measure, which was already applied two years ago, will be "residual".

The agreement also stipulates that there will be compensations in the pension plans of the workers affected by the ERE (14% of the workforce), as well as a safeguard to maintain the rural network and thus be able to continue offering coverage to the emptied Spain, which will avoid financial exclusion.

Caixabank and the unions have intensified negotiations since Tuesday, with the aim of reaching an agreement for workers ' departures. On Wednesday, the talks lasted until the early morning and this Thursday has been negotiated until almost six in the afternoon, when an agreement has been reached that avoids "traumatic measures", according to union sources.

Both parties thus managed to reduce the number of exits by 1,839 compared to the 8,291 casualties recorded in the first proposal. According to Cinco Días, CaixaBank has included in the agreement the relocation of 708 workers, within the withdrawal of forced dismissals. Of these relocations, 570 will be direct, in companies of the group, and another 138 vacancies in subsidiaries that will be offered to the entire workforce, reports Efe.