Why the crypto bull market party might be over for Britain Investing While crypto markets have dipped in recent days after the release of Deepseek shook US tech firms, UK companies are struggling to keep the momentum of digital finance going. Bitcoin managed to pull itself back above the $100,000 mark this morning after Deepseek’s new AI model shook the stock prices of the Magnificent Seven; Apple, [...]
Crypto rises: Bitcoin soars as Donald Trump returns to the White House Tech Bitcoin hit record highs on Monday, as President-elect Donald Trump, and soon-to-be First Lady-again Melania Trump launched their meme coins, days ahead of the inauguration. The cryptocurrency leader reached above $108,000(£88,668) for the first time ever on Monday morning, ahead of Trump’s official return to office. Susannah Streeter, head of money and markets at Hargreaves [...]
Crypto ranked among top three alternative investments in 2024 Crypto Crypto and digital assets emerged as the third most popular investment of the past 12 months, driven by a 49 per cent surge in online searches. Whisky and Wealth Club’s research highlighted cryptocurrencies as one of the top three performing alternative investment sectors, alongside peer-to-peer lending and music royalties. Despite their notorious volatility, digital assets [...]
Thames Water to avoid state bailout, the FTSE 100 at 7900 and an ITV bid: my predictions for UK plc in 2025 January 2, 2025 Predictions may generally be a mug’s game, but looking back at my forecasts for the business world in 2024, I seem to have fared better than usual. Klarna, the buy now pay later giant, opted for a New York listing; Dame Alison Rose made a comeback in a senior private equity role; Unilever announced that [...]
What’s in store for bitcoin in 2025 as Donald Trump returns to the White House? December 22, 2024 2024 was definitely the year of the bitcoin: The first bitcoin spot ETFs were approved in the US, the cryptocurrency reached an all-time high, and the fourth bitcoin halving occurred in April. The price of bitcoin now sits at over $84,000, up 142 per cent since the start of the year and 60 per cent [...]
Bitcoin hoaxer Craig Wright convicted of contempt of court December 20, 2024 The man who loudly claimed to be the founder of Bitcoin—only to be exposed in court as anything but—was slapped with a contempt of court ruling by a judge
How high will bitcoin go? December 5, 2024 Bitcoin has finally broken through the $100,000 mark, a few hours after Federal Reserve chair Jerome Powell referred to the cryptocurrency as “digital gold“. The surge in bitcoin’s value from $50,000 in February of this year can be attributed to several factors but the largest by far has been the US presidential election. Former president [...]
Trump’s election means it’s time to take Bitcoin seriously November 25, 2024 Bitcoin was once dismissed as a tulip bubble, but it’s becoming increasingly clear that – in an era of fiat money inflation – it is the best way back to sound money The incoming Trump administration has announced its intention to back a “strategic Bitcoin reserve”. That catapults what was once a fantastical thought experiment, [...]
Robinhood boss says UK’s stance on crypto trading is ‘backwards’ November 17, 2024 The billionaire chief executive of investment platform Robinhood has said UK policymakers' stance on cryptocurrency trading is "backwards" compared to regulated forms of gambling.
Bitcoin surges as Trump-fuelled rally continues November 11, 2024 The controversial cryptocurrency hit a record high of $82,313 earlier this morning.