Bitcoin blues: Welsh IT worker accidentally threw away laptop containing $100m crypto-currency stash December 4, 2017 One unfortunate Brit may be watching bitcoin’s charge towards the $12,000 barrier with a sinking feeling after throwing out a laptop with an estimated $100m (£74m) of the crypto-currency locked in it. Welsh IT worker James Howells was an early bitcoin investor. But four years ago he threw out his old computer that had the [...]
Editor’s Notes: Predictions are for fools, but here are a few to mull over, may the bitcoin ride continue in 2018 and the best statistic of the year December 22, 2017 Winston Churchill once said “I always avoid prophesying beforehand because it is much better to prophesy after the event has already taken place.” Wise words, which were roundly ignored at a City lunch this week where we went around the table to offer our predictions for 2018. Contributions ranged from the sensible to the more [...]
ING CEO Ralph Hamers says what’s driving the value of cryptocurrencies like bitcoin and ethereum requires more understanding December 12, 2017 Ralph Hamers has said there isn’t yet enough detail behind what’s caused the unprecedented rise in value of cryptocurrencies such as bitcoin and ethereum. The ING chief executive was speaking to tech leadership platform Hot Topics during Money 20/20, a financial and technology event. He said: “How the value behind cryptocurrency is driven, how to [...]
Bitcoin gets watchdog warning: FCA urges caution by highlighting dangers of cryptocurrency contracts for difference November 14, 2017 The UK’s top financial regulator today warned Britons of the dangers of investing in cryptocurrency contracts for difference (CFDs). The Financial Conduct Authority (FCA) issued a statement calling the investments “extremely high-risk, speculative products”. CFDs allow investors to bet for or against the price of a raft of financial and non-financial products. Using leverage, they [...]
Bitcoin goes institutional: First European mutual fund launches to try to attract big investors to the cryptocurrency November 22, 2017 Bitcoin took another step towards mainstream financial acceptance today as a French firm launched the first European mutual fund offering exposure to the cryptocurrency. Paris-headquartered asset manager Tobam hopes to attract big institutional investors to bitcoin, which has so far gained little in the way of a following among professional funds. The firm, which manages [...]
Bitcoin (BTC) keeps dropping to lowest level this month as price falls below $6,300 November 11, 2017 The notoriously volatile cryptocurrency bitcoin has fallen to its lowest price this month after rallying in the first week of November and then crashing by more than $1,000 on Thursday and Friday. The price of a single bitcoin is down 4.53 per cent at $6,272.24, according to Coindesk’s aggregate index, a level it hasn’t reached [...]
5 things you need to know before trading on cryptocurrencies July 31, 2018 Bitcoin, mining, blockchain, ledgers, oracles and wallets. The technical names that describe various components of this technology can prove intimidating. With that in mind, here are five things you should be aware of before trading cryptocurrencies, and why spread betting or contracts for difference (CFDs) products could be a sensible introduction. Cryptocurrencies: the basics Cryptocurrencies [...]
Bitcoin cash price jumps above $1,000 in stunning rise as the price of bitcoin drops August 19, 2017 Bitcoin cash, the newly created cryptocurrency, just smashed a fresh record high. The cryptocurrency, which was formed when bitcoin’s blockchain forked earlier this month, rocketed past $700 yesterday, and today it breifly peaked above $1,000. At the time of writing, bitcoin cash was trading at $972.55, more than 90 per cent higher than its previous [...]
Bitcoin price hits another record all-time high breaking $6,500 November 1, 2017 Bitcoin’s upward streak continues: the cryptocurrency’s price has once again set a record. After breaking the $6,400 mark overnight it’s continued to climb and cracked $6,500, this morning reaching $6,522 at pixel time. News of plans for bitcoin futures had already pusheed it to new highs yesterday. US-based exchange operator CME Group said it hopes [...]
Let’s take the lead on ethical marketing April 16, 2019 When the Initial Coin Offering (ICO) hype hit fever pitch in 2017 projects were selling hopes and dreams as they if they were just around the corner, and this ‘blockchain’ thing was about to change our lives forever. It changed many people’s lives for the better, and made a lot of millionaires – but not [...]