Musk’s comments about dogecoin and bitcoin have led to a severe fall in both cryptocurrencies
as payment for its electrical vehicles due to environmental factor, which led to its deep dive. While the world’s largest cryptocurrency recovered slightly after slumping 17 per cent, it is still down 8 per cent.
United Kingdom Latest News, United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Bitcoin crashes as Elon Musk tweets Teslas can’t be bought with cryptoTesla had previously purchased billions of dollars worth of the cryptocurrency
Read more »
Elon Musk says Tesla will no longer accept bitcoin due to fossil fuel useDigital currency, which is made with an energy-intensive process, falls more than 7% after the tweet
Read more »
Elon Musk says bitcoin’s energy use is ‘insane’Elon Musk has called the energy used by bitcoin “insane” in another critical tweet.
Read more »
Rising environmental cost of Bitcoin as Elon Musk backs awayElon Musk made an abrupt turn-about on Wednesday when he revealed Tesla will no longer accept Bitcoin as payment for his cars.
Read more »