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The latest in cryptocurrency news from Moneyweb.

Facebook’s crypto project reboots with smaller ambitions

16 May 2021 /  Joe Light, Bloomberg
The new plan includes an agreement with Silvergate Capital Corp.

Crypto fund Pantera says bitcoin energy concern to impact market

15 May 2021 /  Claire Ballentine, Bloomberg
The largest cryptocurrency plunged on Thursday in the wake of Musk’s comments about bitcoin’s energy use.
7

Elon Musk ignites climate debate over bitcoin

14 May 2021 /  Ciaran Ryan
And hints Tesla might adopt more energy-efficient cryptocurrencies.

How one man is using cryptos to unlock the DRC’s mineral wealth

14 May 2021 /  Ciaran Ryan
John Lombela returned to his home country of the Democratic Republic of Congo with a mission: to use the power of cryptocurrencies and blockchain to attract capital back to the country and unlock its mineral wealth.

Roaring crypto cacophony drowns out rest of Wall Street

14 May 2021 /  Brandon Kochkodin, Bloomberg
If you really want to get people’s attention right now, you need to tell them a story about crypto.
5

Musk’s Bitcoin concerns sink crypto-linked stocks

14 May 2021 /  Gearoid Reidy and Joe Easton, Bloomberg
Crypto shares from the US to Asia slid as Bitcoin plunged as much as 15%, sinking to a low of $46 045 before trimming the decline.

Why this bitcoin bull market is different to 2017

14 May 2021 /  Ciaran Ryan
In 2017, the global money printers hadn’t gone into overdrive.
1

Bitcoin isn’t behaving as an inflation hedge

13 May 2021 /  Joe Weisenthal, Bloomberg
Its move still makes sense.
13

Musk sends Bitcoin tumbling with shock u-turn on payments

13 May 2021 /  Dana Hull and Dave Liedtka, Bloomberg
The electric-vehicle manufacturer is suspending purchases using Bitcoin.

The risks associated with arbitrage

12 May 2021 /  Nompu Siziba
Jon Ovadia – CEO, OVEX
 
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