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The latest in cryptocurrency news from Moneyweb.

MTI was by far 2020’s biggest investment scam – Chainalysis

16 Feb 2021 /  Ciaran Ryan   23
Helped itself to R8.6bn worth of bitcoin belonging to its 'investors'.

Elon Musk says he’ll support sales by top Dogecoin holders

15 Feb 2021 /  Yueqi Yang, Bloomberg  
Too much concentration of the coins among its major holders.

Bitcoin’s epic run is winning more attention on Wall Street

15 Feb 2021 /  Lynn Thomasson and Joanna Ossinger, Bloomberg  
With the cryptocurrency closing in on $50 000 for the first time before falling back.

Dogecoin’s creator is baffled by meteoric rise to $9bn

13 Feb 2021 /  Brandon Kochkodin, Bloomberg   11
Markus takes to the Dogecoin subreddit forum to clear up his involvement, or lack thereof, in the project.

Bitcoin crashes through R700 000 – cheap at the price?

12 Feb 2021 /  Ciaran Ryan   12
Does this mean the ship has sailed? Definitely not, according to this sample of experts.

A brief history of Elon Musk’s devotion to the crypto cause

9 Feb 2021 /  Kristine Servando, Bloomberg  
Bitcoin surged to a record on Tuesday above $48,000 after Tesla announced a $1.5 billion investment.

Bitcoin tops $48 000 for the first time after Tesla’s purchase

UPDATE
9 Feb 2021 /  Joanna Ossinger and Eric Lam, Bloomberg   1
The token rose as much as 7.9% to almost $48,216 before paring some of the gains.

Bitcoin surges to almost $45 000 after Tesla discloses purchase

UPDATE
8 Feb 2021 /  Lynn Thomasson and Eric Lam, Bloomberg   4
Tesla made the announcement as part of an update to its investment policy, according to a filing.

Bitcoin finds new momentum with prices approaching $40 000

8 Feb 2021 /  Lynn Thomasson and Eric Lam, Bloomberg  
As investors grow increasingly confident in reflation and fresh US stimulus.

Africa’s great crypto awakening

8 Feb 2021 /  Ciaran Ryan   10
Luno co-founder and CEO Marcus Swanepoel expects new crypto markets will drive Luno's customer base to one billion within the next decade.
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