Last minute Christmas gifts: Now you can easily give bitcoin thanks to two British entrepreneurs December 21, 2017 Who isn’t running around looking for last minute stocking fillers at this time of year? That was the situation one entrepreneurial couple found themselves in when they decided upon bitcoin as the perfect present. But one problem Laurence Kemball-Cook and Louise Doherty stumbled upon was how difficult it is to buy for someone not entrenched [...]
Bitcoin is yet to prove its worth. We’ll need to keep an eye on it, says Japan’s finance minister December 19, 2017 Japanese finance minister Taro Aso has questioned the creditability of bitcoin. Aso said there was “no fixed definition” on whether the cryptocurrency was a currency or not. “This issue is a difficult one,” he said after a cabinet meeting. The comments come after his French counterparty said he would propose a discussion on the regulation [...]
Bitcoin prices are creeping towards $11,000 after smashing the key $10,000 mark November 29, 2017 Bitcoin’s value has increased tenfold this year after it smashed through the $10,000 barrier on major exchanges today, but the rise has not stopped there. The cryptocurrency has charged ahead towards $11,000, trading up 9.41 per cent at $10,840.51 at the time of writing, according to Coindesk’s aggregate index. The notoriously volatile digital currency crashed [...]
Five fintech trends to watch in 2019 March 6, 2019 There’s no shortage of stories on how tech breakthroughs will transform financial services, from changing the way we interact with our personal finances to threatening entire banking institutions with disruption. It can be difficult to predict exactly what this landscape will look like in the next few years, but most seem to agree that the [...]
Bitcoin bubble will burst but blockchain technology will be useful, says private equity investing giant Harbourvest November 28, 2017 The bitcoin cryptocurrency is a bubble which will burst, but the underlying blockchain technology will have some useful applications, according to a director at Harbourvest Private Equity (HVPE). Speaking on investment megatrends this morning, Richard Hickman – director of investment and operations at the £995m London-listed HVPE trust – said he believed bitcoin was one [...]
Plus500 shares plunge 30 per cent as broker warns of 2019 earnings hit February 12, 2019 Plus500's share price collapsed in early trading despite almost doubling profits in 2018, as it issued a major profit warning for the current year. The online broker's stock fell by as much as 36 per cent in early trading, from 1,635p at yesterday's close to 1,053p this morning, as it warned that stricter regulations will [...]
Bitcoin cash: Bitcoin splits in two as a hard fork creates a second cryptocurrency called bitcoin cash August 1, 2017 Bitcoin traded lower today after the cryptocurrency started to split in two following a long-running rift in its community of developers and miners. The digital currency was trading 2.76 per cent lower at $2,726.09 at the time of publishing after falling more than five per cent earlier in the day, according to CoinMarketCap. Meanwhile, futures [...]
Bitcoin awareness is on the rise, but nearly a third of people think it will collapse in the next six months November 14, 2017 Although public awareness of bitcoin is now at an all time high, confidence in the cryptocurrency is still low as new research has suggested nearly a third of people think it will collapse in the next six months. Bitcoin’s price, which is famous for its volatility, climbed to record highs of more than $7,000 in [...]
If bitcoin isn’t a bubble, it’s a spookily good impression October 24, 2017 “Proper excited about Mobile Cryptocurrency! I’m in, get involved!” So tweeted Harry Redknapp last week about a ‘mobile cryptocurrency’ called electroneum. On reading it, we could not help but think of the song famously associated with one of the serial football manager’s former clubs, West Ham United. All together now: “I’m forever blowing bubbles …” [...]
Bitcoin price (BTC) back above $6,000 after plunging on volatile Sunday November 13, 2017 Bitcoin is recovering somewhat after two major plunges below $6,000 on Sunday. The cryptocurrency has been highly volatile (more than usual) in recent days after a split to increase capacity was called off amid a lack of consensus last week, It plunged to around the $5,600 mark early on Sunday morning and then again on [...]