Bitcoin Swings Dogecoin Wobbles But Crypto Keeps Growing
Or so it seems. Elon Musk said he’d invested $1 billion in Bitcoin and would accept it as payment for his electric cars, sending the cryptocurrency higher. Mark Cuban said he’d take Dogecoin from fans buying team merchandise for his NBA Dallas Mavericks. This despite comments by an analyst at New York investment bank Goldman Sachs that Bitcoin is too volatile to be a medium of exchange or a store of value – and few take Dogecoin, a parody cryptocurrency launched in 2013, seriously....