Blockbeat

Get your daily update on all things crypto, blockchain and DeFi with City A.M's Blockbeat from Kaitlin Argeaux

Bitcoin could still hit $100,000 by the end of 2021 – and here’s why…

October 5, 2021

I’m confident that, if the current momentum in prices continues, we could see the Bitcoin price hit to-date unknown highs of $100,000, writes Nigel Green
YOP is taken over by Pluto Digital

October 4, 2021

Pluto Digital PLC, the crypto tech and operations company, has acquired all assets related to the innovative DeFi project Yield Optimisation Platform (YOP).
Bitcoin survives another crackdown from China as Europe embraces DeFi

October 4, 2021

Data from CryptoCompare shows that the price of Bitcoin started the week moving downward, dropping to a $41,000 low before recovering.
Powell comments spark Bitcoin resurgence back towards $50k

October 4, 2021

A strong weekend in the cryptocurrency markets saw Bitcoin rise in price by almost 10 per cent, and currently trading at just below $48,000.
El Salvador begins mining Bitcoin using volcanic energy

October 1, 2021

El Salvador has begun mining Bitcoin using power harnessed from a volcano, its president has revealed. President Nayib Bukele took to Twitter on Tuesday to share a teaser video showing Bitcoin mining equipment arriving at an energy factory in government-branded containers. Earlier today, Bukele confirmed that volcano-powered Bitcoin mining had kicked off with 0.00599179 BTC [...]
Fear grips markets while Bitcoin holds at over $43k

October 1, 2021

Bitcoin has banked more people in three weeks than the entire banking system did in several decades, writes Jason Deane.
Binance hires two US financial crime experts to bolster security

October 1, 2021

Crypto exchange giant Binance has hired two former special agents from the US’ Internal Revenue Service in a bid to win over regulators. Binance has announced Tigran Gambaryan and Matthew Price will be the latest cyber security experts to join the company. Gambaryan will take over as VP of Global Intelligence and Investigations after a [...]
Winners crowned at the Crypto A.M. awards

October 1, 2021

The Crypto A.M. summit was topped off with a glittering awards ceremony recognising some of the most innovative projects in the sector. Last night 14 category winners were honoured at a black-tie awards ceremony, held at the Leonardo Royal Hotel in St Pauls, London. “The quality of the entries this year was fantastic,” said head [...]
Crypto Summit LIVE: Updates from the heart of the City

September 30, 2021

Day 2 Yesterday, we were treated to keynote talks from Lord Chris Homes MBE, member of the House of Lords, Marcus Hughes of Coinbase and Alderman William Russell, Lord Mayor of The City of London and more! The day was topped off with an awards ceremony held at St Leonardo’s hotel in London. Closing thoughts [...]
Exclusive: MELD to launch gold-backed stablecoin on Cardano network

September 30, 2021

MELD has announced plans to launch a gold-backed stablecoin on the Cardano network as part of plans to democratise access to crypto. On day two of the City AM crypto summit, chairman Ken Olling announced a three-way partnership with African agri-fintech Tingo International Holdings, and Ubuntu Tribe – an ethical firm which tokenises natural resources. [...]

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