Elon Musk’s reversal on bitcoin

Most recent stories in Elon Musk’s reversal on bitcoin

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  What’s happening to bitcoin (aka, ‘boomer coin’)

  

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  Bitcoin and other cryptocurrencies attempted to rebound Thursday after their recent sell-off. Dogecoin jumped after – you guessed it – a series of tweets from Elon Musk. The Fed is looking into developing a digital currency. And, just when you thought bitcoin was hip, young investors are now calling it "boomer coin." Try to keep up, grandpa!

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  Bitcoin's wild ride

  

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  Bitcoin and other cryptocurrencies have had a wild week amid a flurry of negative headlines and catalysts, including Elon Musk and a new round of regulations from the Chinese government. CNBC explains what happened, what the pros are saying and how you can check the latest crypto prices. Plus, the dogecoin millionaire who refuses to sell his stash.

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  CNBC

  

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  Elon Musk’s reversal on bitcoin

  

  Curated byCNBC

  Cryptocurrencies have surged with help from Tesla CEO Elon Musk. Tesla recently bought $1.5 billion worth of bitcoin and said it would allow customers to buy cars with bitcoin. And leading up to his “Saturday Night Live” hosting gig, Musk talked up digital currencies like dogecoin. But now, Tesla says it will stop accepting bitcoin as payment amid concerns about the environmental impact of mining crypto. CNBC explains what these currencies are, how to buy them and what the concerns are.