The SEC Takes A Swing At Decentralised Exchange Uniswap April 12, 2024 The United States’ Securities Exchange Commission (SEC) has struck against crypto once again. Their latest Wells notice, a warning indicating the regulator’s intent to pursue legal enforcement, targeted one of crypto’s most coveted decentralised finance (DeFi) applications, Uniswap. The decentralised exchange (DEX) just passed $2 trillion in lifetime trading volume. But Uniswap is just getting [...]
Crypto industry recovery fund tops $2 billion as investor allocations grow November 28, 2022 Data from CryptoCompare shows that the price of Bitcoin started last week around the $16,000 mark and quickly plunged to $15,500.
Cathie Wood: Low rates and quantitative easing drive interest in Bitcoin February 25, 2021 Cathie Wood, the well-known U.S. investor and founder of Ark Investment Management, said today that Bitcoin is in its “early days” given its diverse use cases. However, Wood emphasised Bitcoin’s potential as a hedge in a global economy of low rates and quantitative easing. “The dollar is down which is normally a positive cue for [...]
Will ESG turn Bitcoin into a digital ‘stranded asset’ or monetary MySpace? (Part I) April 6, 2021 In this first instalment of a two-part piece, Ben Ashby, Derek Usher and Gerard Fox explain why environmental, social and governance (ESG) factors will undermine Bitcoin’s eye-catching rise, here focusing on the ‘E’. We have many economic reasons for believing that ‘first-generation’ crypto assets will fail to displace either ‘conventional’ money or traditional safe assets [...]
FTSE 100 today: London markets poised for green start as Israel-Iran tensions ease; focus turns to ‘Magnificent Seven’ earnings April 22, 2024 Global markets saw a significant turnaround, with Asian stocks rebounding strongly while oil and gold prices dipped. Bitcoin, on the other hand, surged by 3 per cent. Investors are eagerly awaiting earnings reports from the "Magnificent Seven" companies and aviation giants Boeing and Airbus, making this a pivotal week.
Bitcoin pierces $60,000 with a new all-time-high – but what now? March 13, 2021 Bitcoin tonight did what it has seemingly been threatening to do for a week - break above $60,000 with conviction.
Solana brushes off market-wide correction amid Memecoin run March 19, 2024 Last week was an intense one even by crypto standards. We saw Bitcoin break all time highs and then decline by 15%. Solana also breached $200 and saw record breaking levels of usage. However, potentially the most ludicrous was the launch of The Book of Meme (BOME) and the beginning of a new trend.
Flash crash on Bitcoin leads to weekend losses for leveraged traders as markets return to green today April 19, 2021 Bitcoin's flash crash over the weekend triggered heavy losses for leveraged traders - but it's only fallen to the price of three weeks ago.
Bitcoin tops $40,000 as record rally continues January 8, 2021 Bitcoin has soared to over $40,000 after another record-breaking day for the cryptocurrency, as investors seek a hedge against inflation. The leading cryptocurrency was trading at $41,010.58 by 11.50am according to Coindesk, setting a fresh record as it doubled its value in less than a month. Bitcoin, which is created and traded using blockchain technology, [...]
Building Blocks: Getting to grips with all the blockchain terminology February 12, 2024 Every week Blockchain Sensei will be walking you through the basics of blockchain technology. Consider this your crash course in all things web3! In today’s ever-evolving financial landscape, grasping the fundamentals of digital assets is paramount. As we delve into the realm of blockchain technology and exchange-traded funds (ETFs), let’s go back to the start. [...]