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The latest in cryptocurrency news from Moneyweb.

Bitcoin taking cue from stocks heading into pivotal US jobs data

6 Sep 2024 /  Suvashree Ghosh, Bloomberg
'Bitcoin has been responding to macro events in a highly correlated manner to equities,' said Benjamin Celermajer, co-chief investment officer at Magnet Capital.

Bitcoin touches one-month low as glum traders hedge for payrolls

4 Sep 2024 /  Suvashree Ghosh and Sidhartha Shukla, Bloomberg
As glum traders hedge for payrolls.

Crypto firm Galois to pay SEC penalty over use of FTX accounts

4 Sep 2024 /  Olga Kharif, Bloomberg
Galois Capital didn’t admit to or deny SEC’s findings, but it agreed to cease and desist from further violations, according to a statement from the agency.
Crypto Pod

Using crypto to expand your business

4 Sep 2024 /  Ciaran Ryan
Some companies like 80Eight are using crypto not as a speculative investment but as a way to expand business opportunities. Founder and CEO Faadil Moti explains how it's done.
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Bitcoin whales viewed as potential sellers unnerve the crypto market

30 Aug 2024 /  Sidhartha Shukla, Bloomberg
Bitcoin was little changed at $59 542 as of 7:11 a.m. Friday in New York, about $14 000 below its March peak.

Musk beats suit over promoting Dogecoin ‘pyramid scheme’

30 Aug 2024 /  Rachel Graf, Bloomberg
Dogecoin was the original memecoin — a type of cryptocurrency that originated from internet memes or jokes. Its logo is a picture of a Shiba Inu dog.

Bitcoin hits one-week low as boost from Powell’s signal unravels

28 Aug 2024 /  Sunil Jagtiani, Bloomberg
The tumble in Bitcoin comes despite a streak of inflows into US exchange-traded funds for the original cryptocurrency.
Crypto Pod

Is bitcoin mining about to take off in SA?

28 Aug 2024 /  Ciaran Ryan
Carel de Jager, research group leader at the CSIR and CEO of SilverSixpence, says the country will soon be swimming in surplus solar power after years of load shedding. Bitcoin mining is one obvious solution to this surplus.

Investors are slow to embrace ether ETFs one month after debut

27 Aug 2024 /  Teresa Xie, Bloomberg
The nine exchange-traded funds that hold the second-largest cryptocurrency directly saw investor outflows Thursday for a sixth consecutive day, the longest streak of withdrawals since their debut on July 23.

Russia close to starting trials of crypto payments, exchanges

27 Aug 2024 /  Bloomberg News
The experiment with crypto comes as Russian businesses face growing obstacles in paying overseas suppliers and getting paid for exported commodities.
 
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