Musk isn’t introducing a novel idea. For years, people have advocated eliminating the penny, as pennies are rarely spent as change. And since the Covid-19 pandemic, more consumers are shopping online ...

The cryptocurrency Dogecoin ( DOGE -2.23%) saw its value sink this week. The meme coin is trading 15.5% lower as of 4:40 p.m. ET on Jan. 23 but was down as much as 17.5% earlier in the week. The slump ...

The Department of Government Efficiency hinted it may be looking to eliminate the penny. Elon Musk's initiative says production of the coin is costing taxpayers millions of dollars.

Bitwise has filed for the establishment of a dogecoin (DOGE-USD) exchange-traded fund in Delaware that could potentially provide the underlying memecoin with institutional investor validation if ...