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The latest in cryptocurrency news from Moneyweb.
13

History repeats for bitcoin

26 May 2021 /  Ciaran Ryan
Luno's Africa GM Marius Reitz explains that the recent drop in bitcoin is a familiar pattern and nothing to panic about. He also dispels some of the most common myths about the world's largest crypto.

After the deluge, what’s next for crypto?

26 May 2021 /  Ciaran Ryan
Volatility is likely to remain for the time being, and that’s not a bad thing.
4

Crypto assets both dangerous and draw enthusiasm, BOE says

25 May 2021 /  Lizzy Burden, Bloomberg
'Getting carried away' with financial innovation.

Bitcoin trims gain after Musk’s miner tweet spurred volatility

25 May 2021 /  Vildana Hajric and Eric Lam, Bloomberg
The largest digital currency fell as much as 3% to dip briefly below $38 000 in Asian trading, following a 16% overnight jump.

Bitcoin’s bull run may be over for now, but it’s not over

25 May 2021 /  Ciaran Ryan
A slate a negative news out of China and Elon Musk’s Twitter feed has hammered cryptos. But the bull market is not yet over.
UPDATE

Bitcoin bounces back above $38 000 after weekend selloff

24 May 2021 /  Yakob Peterseil and Joanna Ossinger, Bloomberg
Ether, the second-largest token, also rebounded on Monday, jumping 15% to about $2 373.
10

Bitcoin is in a bear market, but for how long?

24 May 2021 /  Ciaran Ryan
Bull and bear market cycles are getting shorter.
3

HSBC CEO says Bitcoin not for us

24 May 2021 /  Lawrence White and Rachel Armstrong, Reuters
HSBC has no plans to launch a cryptocurrency trading desk or offer the digital coins as an investment to customer.
6

Wall Street aims to make sense of confounding bitcoin swings

24 May 2021 /  Joanna Ossinger, Bloomberg
The largest cryptocurrency rebounded on Monday, climbing 9% to $36 800 as of 8:42 a.m. in London.
1

Wall Street tries to make sense of confounding swings in bitcoin

24 May 2021 /  Joanna Ossinger, Bloomberg 
'It is too early to call the end of the recent Bitcoin downtrend.'
 
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