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Elon Musk's Mining Tweet Fuels Bitcoin Rebound 05/25/21 AT 11:44 AM Elon Musk has once again sent tremors through the bitcoin market, with the cryptocurrency’s price close to $40,000. Musk’s hints weren’t quite enough to get bitcoin over the mark, however, as its price has since fallen back around $38,000. The fluctuation was prompted by Musk announcing he had met with “North American Bitcoin miners” to discuss sustainability. Concerns about crypto mining’s environmental impact led Tesla to halt bitcoin purchases. Musk's tweet sent bitcoin into wild swings. As of 11:38 a.m. ET, bi...

Iran has begun rolling blackouts, a last resort measure to prevent a total electrical blackout in the region.

The State Council, China’s cabinet, has targeted bitcoin mining enterprises for the first time The latest initiative seeks to protect the country’s financial system, as well as meet its clean energy and reduced carbon emission goals

Analysts predict that China is boycotting all foreign cryptocurrencies in efforts to promote the use of its official national cryptocurrency Digital Yuan

Cryptocurrency Market Sees a Massive Dip as Bitcoin, Dogecoin Price Fall Sharply on China Ban, Musk Tweets Cryptocurrency exchanges in India like WazirX were unable to manage the high trading volumes as Bitcoin, Dogecoin prices nosedived. By Veer Arjun Singh | Updated: 20 May 2021 14:10 IST Photo Credit: Reuters Highlights Dogecoin price was Rs. 19 at its lowest Ethereum, Ripple, Matic, and Binance Coin were also down Bitcoin, Dogecoin prices along with that of other popular cryptocurrencies such as Ether, Matic, and Binance Coin fell sharply on Wednesday (May...