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  • Weekly crypto roundup: Burry’s crypto crash prediction, rapper Raftaar accepting crypto, crypto mining migration, and more

Weekly crypto roundup: Burry’s crypto crash prediction, rapper Raftaar accepting crypto, crypto mining migration, and more

Rounak JainJun 21, 2021, 09:28 IST

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  • Cryptocurrencies had another challenging week with mixed responses from several stakeholders around the world.
  • China continued its crackdown on crypto mining.
  • Check out everything that happened in the cryptocurrency market last week.
The world of cryptocurrencies saw some noticeable developments in the week gone by.

Crypto fans have had a love-hate relationship with Elon Musk. He flip-flopped again to strike a conciliatory note with Bitcoin acceptance, giving a boost to the crypto’s valuation.

Some people, like Magda Wierzycka, the chief executive officer of South African asset management company Sygnia, have called Elon Musk’s tweets on Bitcoin ‘market manipulation’.

Here’s our weekly roundup of the best cryptocurrency news from the week gone by:
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Here’s how the top cryptocurrencies performed in the last week

Business Insider India / Flourish

Big Short investor Michael Burry warns crypto crash is coming

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Cryptocurrencies in India get the Raftaar boost

Raftaar

Elon Musk says Tesla will accept Bitcoin, but only if...

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SBI, ICICI, HDFC Bank come together to use blockchain

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Bitcoin transactions rise four-fold in El Salvador

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Bank of England says UK CBDC will be ‘tens of thousands’ times more efficient than Bitcoin

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Scammers find a new way to defraud Ledger users

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​NASCAR driver to be paid entirely in crypto

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Bitcoin hash rate hits a 6-month low after China crackdown

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Goldman Sachs plans to offer options and futures trading in Ether

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