Many cryptocurrencies including Bitcoin, Ether, and Dogecoin, saw their prices plummet on Wednesday and into Thursday after Tesla’s CEO Elon Musk announced that the company would not be taking Bitcoin as payment anymore. In a tweet on Wednesday, Musk cited concerns about “rapidly increasing use of fossil fuels for Bitcoin mining and transactions.” He indicated … Continue reading “Cryptocurrencies Take Horrific Nosedive after Elon Musk’s Latest Move”
