Debate: More people are searching for how to buy bitcoin than gold, but is the former a better investment? November 10, 2017 Debate: More people are searching for how to buy bitcoin than gold, but is the former a better investment? YES – James Collier is co-founder of Prism. Cryptocurrencies, bitcoin in particular, are clearly a far less stable investment than gold bullion. And if it’s stability you’re after, then gold’s your guy. But if you want [...]
Bitcoin price (BTC) breaks through $16,000, having risen more than $2,000 in nine hours December 7, 2017 Bitcoin flew past the $16,000 mark this afternoon just a day after it passed $12,000 for the first time. The cryptocurrency, which has staged a stunning rise from the beginning of the year when its price was below $1,000, was up 18.16 per cent at $16,198.70 at the time of writing, according to Coindesk’s aggregate [...]
Bitcoin bubble will crash after price hits $60k in 2018 – Saxo Bank’s outrageous prediction for year ahead December 7, 2017 With talk of bitcoin being a bubble, but an astonishing rise in price that appears to show no signs of abating, could the cryptocurrency be set for even more eye-watering increases? Saxo Bank certainly thinks so in its annual list of “outrageous” predictions for 2018, eyeing it hitting $60,000 – before it crashes, that is. [...]
Bitcoin mining explained: How does it work? Why does it use so much energy? Is there any way to fix it? December 7, 2017 All eyes are on bitcoin at the moment. The cryptocurrency has staged a meteoric rise in 2017 that has attracted new investors, but, for many, question marks still surround bitcoin and the technology behind it. With recent reports pointing to the high energy cost associated with mining, the process used to create bitcoin, is there [...]
Coinbase announces a new deal to let you pay for your Uber with crypto | City A.M. July 25, 2018 Coinbase has today revealed a new partnership that will allow you to pay for physical goods and services from your favourite retailers with cryptocurrencies. The deal, which will be powered by WeGift, enables Coinbase users to buy an electronic gift card, load it with cryptocurrency from their Coinbase wallet and then use them at over [...]
Bitcoin price (BTC) is on the rise again after cryptocurrency market cap surpasses $200bn November 8, 2017 Bitcoin is on the rise again after falling below the $7,000 mark. The cryptocurrency is up more than four per cent, adding around $500 and taking it closer to its most recent record all-time high of $7,601 which it hit over the weekend. Read more: Bitcoin just smashed $7,000 There’s been some volatility, however, despite [...]
G4S muscles into cryptocurrency security with offline storage facility October 18, 2018 G4S has muscled its way into cryptocurrency storage launching a new security service to protect assets from criminals and hackers. The security firm has launched the service after estimates showed more than $1.2bn of cryptocurrency has been stolen since the beginning of 2017. More than $500m was taken earlier this year from Japanese exchange Coincheck. [...]
Project PAI Debuts in London Blockchain Scene September 27, 2018 The growing maturity of the crypto market, and bitcoin in particular, has London investors finally ready to wade into cryptocurrency pool. This rise in confidence means many popular cryptocurrency projects are now entering the London market. Recently, one such international blockchain – Project PAI, held their launch event in the heart of London’s financial [...]
Bitcoin: JPMorgan Chase boss Jamie Dimon faces market abuse report after his comments about bitcoin | City A.M. September 21, 2017 Blockswater, an algorithmic liquidity provider, has filed a market abuse report against Jamie Dimon for “spreading false and misleading information” about bitcoin. The firm filed the report with the Swedish Financial Supervisory Authority against JP Morgan Chase and Dimon, the company’s chief executive. Blockswater said Dimon violated Article 12 of the European Union’s Market Abuse [...]
Don’t let the bitcoin bubble blind you to the wonders of smart ledger technology October 31, 2017 Last Monday, 500 people attended the Long Finance Digital Currency Educational Trade Fair. They were excited about Initial Token Offerings (ITOs) and Initial Coin Offerings (ICOs), and heard pitches for new cryptocurrency-based tokens and coins for investment. Cryptocurrency capitalisation has risen from circa $50bn at the beginning of 2017 to over $170bn now. ITOs and [...]