Presidents, senators and bright shiny Bitcoins June 24, 2021 Both Bitcoin and Ethereum are currently down about three per cent over the last 24 hours, with BTC changing hands for around $33k.
Turbulent day as Bitcoin hits 2021 low before dramatic recovery June 23, 2021 The crypto markets had a rollercoaster of a day yesterday, with Bitcoin briefly dipping below $30,000 for the first time since January before recovering sharply to around $34,000 at time of writing.
China crackdown continues though Bitcoin decline slows June 22, 2021 Bitcoin, Ethereum, and other cryptocurrencies are all trading lower again today, with the alt markets seeing particularly large drops. Bitcoin is currently down 3% over the last 24 hours and more than 20% over the last week, though its market dominance is actually up again from 45% to 47% as others take a bigger hit. [...]
Rocket debris racing for Earth, expected to arrive tomorrow May 7, 2021 Debris falling from a Chinese rocket is expected to land on Earth tomorrow, amid concerns it could cause damage upon re-entry into the atmosphere. A Chinese foreign ministry spokesperson Wang Wenbin urged today that most of the debris will be burned up on re-entry and is highly unlikely to cause any harm. The Defence Department [...]
BMW CEO: Timely electric cars shift will help firm compete with Tesla March 30, 2021 BMW’s ‘timely shift’ to electric cars could make its stock compete with the likes of Tesla, according to its chief executive. The German carmaker’s CEO Oliver Zipse said the firm is challenging perceptions that it is behind on electronification. “There is a perception that we took a break, but we actually didn’t take a break,” [...]
The City View: Bank of England hike rates once more May 5, 2022 Today Andy Silvester talks to Jack Barnett, City A.M.’s Economics and Markets reporter. Together they go through the thinking behind the Bank of England’s 25 basis point rate rise earlier today, which brought the UK’s interest rate to 1%. They take a look at the Bank’s forecasts, and explain why a recession is almost inevitable. [...]
Why agriculture holds the key to tackling water waste March 29, 2022 Water is a precious resource. Ensuring we have enough water for a growing global population in a time of climate change is one of the most important challenges of our time. But in our view it’s impossible to talk about water without also talking about food. Agriculture uses 65% of the world’s fresh water, but [...]
Crypto AM Happy 3rd Birthday June 18, 2021 I t’s hard to believe that the first edition of Crypto AM, a double page spread in City AM, was published on 18th June 2018. My mission was to learn about Blockchain, Cryptocurrencies and Digital Assets and share / translate with the traditional square mile and Canary Wharf workers through the City AM newspaper and [...]
When the chips are down: the tiny piece missing from our supply chains November 30, 2021 If you haven’t already bought your tech gifts this Christmas you may have to come up with some more primitive alternatives for your loved ones. Chronic shortages of chips, the tiny semiconductors that are essential to a myriad of technologies, as well as high labor and transport costs, mean that Christmas gifts this year such [...]
Flat day in the markets brightened by Elon and CZ’s crypto handbags at dawn November 24, 2021 After inching closer to the $58,000 mark late Tuesday, Bitcoin’s value has slid down again to just below $57,000 and is roughly breaking even over the last 24 hours.