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The latest in cryptocurrency news from Moneyweb.

Bitcoin’s 60% rally from July lows may be running out of steam

26 Aug 2021 /  Akshay Chinchalkar, Bloomberg  
The largest cryptocurrency fell as much as 4.4% Thursday to $46 588.

Bitcoin briefly tops $50 000 level for first time since mid-May

23 Aug 2021 /  Joanna Ossinger, Bloomberg  
The largest virtual coin advanced as much as 3.5% to almost $50 093 in Asian trading Monday.

Why more and more crypto owners plan never to sell

23 Aug 2021 /  Ciaran Ryan   7
Richard de Sousa, CEO of AltCoinTrader, explains the logic of those who say they will never sell their cryptos, but rather use them as collateral for loans.

Bitcoin’s technical challenges pile up after 63% jump

20 Aug 2021 /  Akshay Chinchalkar, Bloomberg   3
From a July trough now faces a rare confluence of technical obstacles.

Robinhood tumbles after slowdown warning clouds crypto boom

19 Aug 2021 /  Annie Massa, Bloomberg   1
Shares of Menlo Park, California-based Robinhood tumbled 8.2% to $45.70 in extended trading at 6:35 p.m. in New York, after climbing 31% since its July 29 initial public offering.

Crypto market retakes $2trn market cap amid bitcoin gains

16 Aug 2021 /  Joanna Ossinger, Bloomberg  
The likes of Cardano, XRP and Dogecoin advanced as well.

Crypto is no gold

12 Aug 2021 /  William Fraser   26
'Bitcoin is merely a promise without any economic or fiscal backing.'

Return of the crypto bulls

12 Aug 2021 /  Ciaran Ryan  
Driven by a new era of high-net-worth capital flowing through to bitcoin.

Hackers steal $600m in likely largest DeFi crypto theft

11 Aug 2021 /  Olga Kharif, Bloomberg   1
Tens of thousands of people are affected by the hack, PolyNetwork said in a letter posted on Twitter.

Bitcoin roars back, putting $100 000 predictions in vogue again

11 Aug 2021 /  Vildana Hajric and Eric Lam, Bloomberg  
Is on pace to gain for fourth straight week.
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