Could the bitcoin price (BTC) rocket back to $20,000, or are they halcyon days over? Here’s what the analysts say March 27, 2018 Bitcoin’s price hovered around the $8,000 mark today after dropping yesterday on the news that yet another tech giant was banning crypto adverts on its platform, but some analysts say it could rocket back up to $20,000 this year. Having fallen from more than $13,000 at the start of the year, Jordan Hiscott, chief trader [...]
Bitcoin price (BTC) dips below $6,000 as cryptocurrency tumble continues February 6, 2018 The price of bitcoin briefly dipped below $6,000 early on Tuesday as the cryptocurrency sell of continued. Bitcoin is down 11 per cent to just over $6,000 at pixel time after falling below $7,000 less than 24 hours ago, according to Coindesk. It’s the lowest for the cryptocurrency since mid November and well off highs [...]
Japanese stocks surf higher over troubled waters June 25, 2019 Tokyo’s blue-chip Nikkei 225 stock index is riding out regional fears over China and Hong Kong as well as wider concerns regarding Iran and the US. Despite Japan’s special vulnerabilities to both East Asian tensions and higher oil prices, the index is trading higher than either a month or three months ago. This creates a [...]
Bitcoin bubble? Price (BTC) of cryptocurrency falls back below $9,000 February 4, 2018 Bitcoin is back below $9,000 after recovering from a major sell off on Friday which had sent the cryptocurrency plunging lower than $8,000. It was trading at around $8,500 on Sunday, down seven per cent from Saturday when it had started to stabilise from a major downturn that wiped billions from its value late last [...]
Bitcoin credit card bans introduced by JP Morgan, Bank of America and Citigroup February 3, 2018 US banks are queueing up to stop customers from buying bitcoin using credit cards, as wild price swings continue on the biggest cryptocurrency. JP Morgan Chase and Bank of America both last night said they will ban the practice, according to CNBC, which could leave customers chasing the big price rises which bitcoin has seen [...]
Crypto AM’s community play their part in the war against COVID-19 June 25, 2020 Ever since the Crypto AM Awards 2020 on the 11th March and the subsequent lockdown enforcement, it was clear that the new normal required new and lateral thinking with the government’s clarion call for support in the war against the coronavirus COVID-19. Now, months later, I reached out to Crypto AM’s global community to hear [...]
Why FinTechs are barking up the wrong tree April 30, 2019 While fintechs wave the flag of disruption and chant ‘financial inclusion for all’, the knights that promise to save the masses from the vagaries of traditional financial services have a more pressing agenda – profit. Both nascent and established players in consumer-facing financial service industries are searching for the holy grail that delivers droves of [...]
Should you invest in bitcoin? Investment advisor Mercer is warning to stay away from cryptocurrencies February 21, 2018 An investment adviser has warned against investing in bitcoin and other cryptocurrencies amid growing interest spurred by recent price rises. Mercer, the US consulting firm, said they are not an “investable proposition” in their current form and are likely a “speculative bubble”. Read more: S&P: Retail investors will be biggest losers of bitcoin bubble bursting [...]
Bitcoin is rising again after yesterday’s crash below $10,000 January 18, 2018 Bitcoin is finally regaining some ground after a two-day collapse which sliced tens of billions off of its market value. The number one cryptocurrency was up 12.94 per cent at $11,652.80 today, according to Coinmarketcap, after slumping to below $10,000 yesterday, around half the value of its all-time high. Other major cryptocurrencies were also in [...]
Bitcoin is a bubble, a Ponzi scheme and an environmental disaster, the Bank of International Settlements’ head says February 6, 2018 The head of the Bank of International Settlements (BIS) has warned that central banks must be prepared to act against cryptocurrencies, which he labeled “a bubble, a Ponzi scheme and an environmental disaster”. Agustin Carstens, the general manager of the BIS, said bitcoin raises concerns about consumer and investor protection. “Appropriate authorities have a duty [...]