Realistic interest rates will save us, and we have a sub-Prime Minister to thank for it October 27, 2022 This time last week, Monty Munford was enjoying a bit of lunch in Westminster when all manner of hell kicked off around him.
Coinbase sheds £0.9bn in second quarter as revenues plunge amid crypto crash August 10, 2022 Crypto giant Coinbase lost $1.1bn ($0.9bn) in the second quarter of the year as revenue dropped declined during the crypto crash. $446mn (£365m) of this loss was due to an impairment charge on the exchange’s crypto and venture investments as the “crypto winter” led to plummeting cryptocurrency prices and caused widespread losses across the industry. [...]
Crypto prices rise even after $600 million hack and US passing infrastructure bill August 16, 2021 Data from CryptoCompare shows that the price of Bitcoin kept on rising this week, moving from around $45,000 to a $48,000 high.
1 Minute Market Rundown – 22nd June 2022 June 22, 2022 Powell in Focus Later TodayUK Inflation Prints as Expected But Still Very HighJPY Hits 24 Year Lows Risk did rally yesterday as suspected with the S&P posting a 2% gain over the day. Correspondingly, the USD sold off against both the EUR and GBP. Something to note is that the USD did not back off [...]
Exclusive: Government oblivious to scale of crypto tax-dodging despite ‘global hub’ plans November 23, 2022 The government has made no calculations on the amount of dodged tax takings on cryptoassets despite the Treasury’s plans to turn the UK into a hub for crypto, City A.M. has learned.
FTSE 100 today: London markets set to open higher following Asian peers’ lead April 4, 2024 Japan’s Nikkei led an Asian market rally. Oil and gold prices soared. Federal Reserve Chair Jerome Powell reiterated a cautious stance on rate cuts, while investor focus shifts to upcoming Fed speeches and U.S. jobs data.
Crypto VC boom shows no sign of stopping in 2022 February 2, 2022 Last year saw an explosion in crypto VC investment, with $31.6bn poured into projects in 2021. The momentum shows no sign of stopping in 2022.
Sam Bankman-Fried: Founder of crypto platform FTX sentenced to 25 years in jail March 28, 2024 Bankman-Fried, 32, was convicted in November of fraud and conspiracy – a dramatic fall from a year earlier when he and his companies seemed to be riding a crest of success
The Bitcoin halvening is happening but you’ll be missing the bigger picture May 12, 2020 Around the 12th May, Bitcoin will be having its long anticipated third halvening. While the focus has been on the bitcoin network itself and its correspondence to Bitcoin’s status as a digital ‘hard money’, I argue most onlookers will be missing the bigger picture. Bitcoin’s block reward to miners will be cut by 50% at [...]
‘Death by over-regulation’: Losses from one cryptocurrency cannot be used to offset gains from other crypto under new tax rules in India March 22, 2022 India has introduced a number of new tax rules for cryptocurrencies. The most eye-popping clause is without a doubt the stipulation that losses from one crypto asset cannot be used to offset gains in another. So, in other words, if you lose some in trading Bitcoin, that cannot be offset vs gains from another asset, [...]