Will Bitcoin make it? July 18, 2018 Questions still surround bitcoin. After all, the digital currency experienced wild highs and outrageous lows in 2018 — its value has risen above US $19,000 and sunk below $6,000 per coin. The first question might be which version of bitcoin to focus on. Besides bitcoin’s initial incarnation, there are the products of bitcoin’s various hard [...]
Blackstone set to adopt corporation structure to help investors buy stock April 18, 2019 Blackstone has announced it will shift from its partnership structure to become a corporation, as the world’s biggest alternative investment firm revealed that it hit record capital inflows of $126bn over the last 12 months. The move, which was announced as the New York headquartered firm reported its first quarter results, aims to make it [...]
Global stock markets rise as Trump and China dial down trade war rhetoric August 26, 2019 US and European stock markets climbed into the green today after US President Donald Trump calmed investors by saying China was seeking an end to the two sides’ raging trade war. Read more: Trump announces tariff hikes as US-China trade war escalates At the G7 world leaders’ summit in France, Trump said: “We are having [...]
New York Stock Exchange agrees deal to takeover fellow US exchange December 14, 2016 The New York Stock Exchange (NYSE) has agreed a takeover deal for the US’ National Stock Exchange (NSX). Founded in Cincinnati, Ohio, in 1885, the NSX was due to close at the end of this week. Read more: UK competition authority tells NYSE owner ICE to sell London-based Trayport But NYSE owner Intercontinental Exchange (ICE) [...]
Crypto AM Summit & Awards 2022 August 16, 2022 The third Crypto AM annual summit and awards returns to the spectacular 5-star Hotel Leonardo Royal St Pauls, London this November, featuring some of the cryptocurrency and blockchain world’s most prominent figures. Two days of discussion and debate, coupled with workshops and world-class networking, will culminate in one of the industry’s most glamorous and prestigious [...]
London’s finance expertise is leading the global charge towards a greener planet May 13, 2019 Tackling climate change presents an unprecedented challenge for us all – politicians, businesses and individuals alike. It’s estimated that some $90 trillion will be needed globally by 2030 to achieve international sustainable development and climate objectives, which is undoubtedly a daunting task. But it is also a significant opportunity. The UK’s financial and professional services [...]
Spotify (SPOT) has finally filed for an IPO, and it’s aiming to raise $1bn February 28, 2018 Spotify, one of the most well-known music streaming services, has finally filed for its initial public offering (IPO). The Sweden-based company is aiming to raise up to $1bn (£726m) through its much-anticipated float on the New York Stock Exchange. According to Spotify, its shares have been trading at up to $132.50 apiece on private markets [...]
Spotify sets cautious revenue expectations as it prepares to go public March 26, 2018 Spotify’s revenue is projected to grow at a slower tempo this year, as the music streaming site readies for its public listing next week. The technology company said yesterday that it expects revenue to grow between 20 and 30 per cent to as much as €5.3bn (£4.6bn) in 2018, a rate slower than the 39 [...]
Coinbase launches bitcoin tool for shops and businesses to accept cryptocurrency payments February 15, 2018 Having trouble spending your bitcoin? Despite the cryptocurrency boom, using it to pay for goods is far from mainstream. But there’s one startup that is looking to change that. Cryptocurrency exchange Coinbase has launched a new tool to make it easier for shops and other businesses to accept payments directly in bitcoin, ethereum, litecoin and [...]
Spotify float still set to top Snap and Twitter amid tech sell-off March 28, 2018 Spotify is expected to be worth $26bn (£17bn) at the end of its first day of trade next week, more than social media platforms Snap and Twitter, according to IG client accounts. IG’s grey market, which allows traders to speculate on the music streaming giant’s market capitalisation at the end of its first day of [...]