The price of gold has fallen below $1,200 ahead of the Fed’s next decision March 10, 2017 Global commodities are taking a battering this week. After oil prices fell below the critical $50 a barrel point yesterday, gold has now dipped lower than $1,200 an ounce. The safe have asset has fallen 0.57 per cent, or $6.90, to $1,196.30 per ounce for the first time in more than a month. Miners of the yellow metal [...]
How regulation and market priorities drive fintech focus globally June 28, 2017 The interest in fintech worldwide shows no signs of abating, as illustrated by the strong attendance at each stop on our recent CFA Institute speaker tour throughout Central and Eastern Europe and the Middle East. But even more interesting is the regional variation in what 'fintech' means to local entrepreneurs. Talking to investors, company founders, [...]
Bitcoin guru Mike Hearn declares bitcoin a failure January 15, 2016 One of bitcoin’s most long-standing supporters has lost faith. Mike Hearn, who’s spent five years as a bitcoin developer and enthusiast, has had a very public break up with the digital currency, writing a long blog post on Medium about why it’s now a “failed experiment”. Writing that bitcoin’s failure is a “now inescapable conclusion”, [...]
The chart that could keep investors in ‘low-risk’ stocks awake at night June 27, 2017 For years it has been an undisputed fact of investment that people tend to prefer having big-name brands in their kitchens, bathrooms and elsewhere – yet this could now be changing. Ian Kelly, blogger and fund manager, explains the significance. Among the various qualities we look for in an investment, on The Value Perspective blog, [...]
Bitcoin undervalued by $200 according to new report from Needham & Company March 30, 2016 The leading cryptocurrency bitcoin has been undervalued by around $200, according to a new report by investment bank and asset managing firm Needham & Company. The digital currency should have a price of $655, rather than the current level of around $412 that the currency is trading at, Needham & Company argued. The firm argued bitcoin "has a value [...]
Is South Korea still an investment ‘value trap’? June 23, 2017 ‘Value trap’ is a term used by investors to describe an asset that appears to have been under-priced by the market but turns out to be cheap for a reason. This is often because its ability to make profits has in some way been severely and permanently impaired. It tends to be used in relation [...]
Bitcoin price reaches highs of $460 after narrow price fluctuations over the last few weeks April 25, 2016 The bitcoin price has rallied over the last few days to highs of $460 within the last 24 hours. At 11.30am (GMT) the price of bitcoin was $458.92, but spent much of the morning at $460 or above. A small rally occurred over the past week, which began on Thursday when the price of bitcoin surpassed [...]
Blockchain may have its ‘big moment’ in 2017 January 20, 2017 We're just about to start Blockchain Week – and the breadth and depth of organisations represented this year adds weight to the hype surrounding the blockchain technology's 'big moment' in 2017. Cutting through that hype isn't always easy but here's what we know…a blockchain is a shared database (sometimes called a distributed ledger) that records [...]
Treasury planning crackdown on bitcoin and cryptocurrency anonymity in bid to tackle criminal use of digital currencies April 10, 2016 Ministers at the Treasury are planning a shake-up in the world of cryptocurrencies that will mean bitcoins and other virtual currencies can no longer be purchased anonymously. The change in the law, which the Treasury is preparing to introduce next year, will subject bitcoin exchanges and wallets to the same regulations as high street banks, [...]
Bitcoin Group float postponed as the world’s first bitcoin miner IPO fails to catch investors’ interest January 27, 2016 The world’s first bitcoin trading float has had to be postponed, as the firm managed to raise less than two per cent of its target. Australian bitcoin miner Bitcoin Group was hoping to become the first miner of the cryptocurrency to list publicly, but it seems its hopes have been dashed, as The Australian revealed [...]