Cryptocurrency roundup: ether hits a new high and a dramatic week for dogecoin-inspired SHIB

Saloni Sardana rounds up the main cryptocurrency stories in a week when ether hit a fresh record high and an obscure cryptocurrency hit the spotlight for all the wrong reasons. 

Cryptocurrency tokens
(Image credit: © Jack Taylor/Getty Images)

Welcome back, it was the week when ether hit a fresh record high and an obscure cryptocurrency, called SHIB, was in the spotlight for all the wrong reasons.

Here are the top stories that caught our eye.

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Saloni Sardana

Saloni is a web writer for MoneyWeek focusing on personal finance and global financial markets. Her work has appeared in FTAdviser (part of the Financial Times),  Business Insider and City A.M, among other publications. She holds a masters in international journalism from City, University of London.

Follow her on Twitter at @sardana_saloni