1 Minute Market Rundown – 26th April 2022 April 26, 2022 Risk Stages a Comeback into the US CloseCrypto ReboundsSterling and Euro Continue to Look Vulnerable As you finished work yesterday you would have been forgiven for expecting risk markets to remain offered following what could only be described as a horrid day for markets. China’s ‘zero covid’ strategy as well as concerns over inflation weighed [...]
What’s that coming over the hill? Is it regulation? December 9, 2022 IDnow's Jason Tucker-Feltham believes the FTX collapse has invited the inevitable, but urges crypto companies to embrace regulation.
FTSE 100 closes flat while Wall Street rally loses steam February 9, 2021 The FTSE 100 closed flat on Tuesday afternoon while Wall Street retreated on the back off a record session yesterday. London’s blue-chip index closed 0.12 per cent higher as sterling rose to a near three-month high, largely because the dollar floundered as investors eyed a large stimulus package on the horizon. The FTSE 250 closed [...]
Booming December 1, 2020 Record Highs Bitcoin maximalists proved the world wrong was the general tone of conversations across social media channels as the bulls were seen parading their price target calls in the wake of Bitcoin finally printing a new record high on Monday. The fact that many financial institutions, investors and economists, have remained sceptical of the [...]
Can DeFi offer a way to circumvent regulators in the fund management sector? – CityAM : CityAM January 28, 2021 One of the ways regulators try and protect ‘less sophisticated investors’ is to only allow High Net Worth (HNW) or professional investors to access certain types of funds. The use of options and futures (derivatives) by an asset manager to reduce a fund’s exposure to the stock market or a particular equity (under the guise [...]
And Breathe… November 19, 2020 Plenty for Everyone Bitcoin traded a touch softer, although there was also plenty of dip buying interest. In the early European trade, Bitcoin was trading in the mid-$17,000 area. The growth in the open interest (OI) has abated somewhat, where stablecoin margined venues have gained market share relative to Bitcoin margined venues. That being said, [...]
China’s CMB International and Nervos Foundation launch $50m blockchain fund May 20, 2021 CMB International (CMBI), a wholly-owned subsidiary of China Merchants Bank, has announced the launch of a $50 million fund with Nervos - China’s leading blockchain.
Recovery November 27, 2020 Bitcoin is booming Bitcoin staged a healthy pull back in the wake of a dramatic collapse in spot price from the mid-$19,000 all the way into the low $16,000 area. By early Friday, Bitcoin was looking to reclaim the $17,000 level once again and while the aforementioned shake out did raise fears of a more [...]
Gamestop saga is a good argument for the possibilities of crypto February 16, 2021 As Gamestop stock fell back to earth after a precipitous rise, it marked an end to the biggest short squeeze in 25 years, which for a time transferred substantial wealth from Wall Street to Main Street. But the saga has left a lasting legacy in the markets, exposing how current financial ecosystems are fundamentally skewed [...]
Blockchain and the future of digital and crypto currencies November 9, 2020 With the advances in online banking, contactless payments, and the recent concerns related to using physical currency in the days of COVID-19, fewer and fewer people carry cash. And with China leading the way to launch a central bank for digital currencies, this trend is not just set to continue, but to accelerate. Many in [...]