UK investors play it safe, while Chinese take risks and Indians are all over crypto October 14, 2021 Affluent to ultra-high-net worth investors in the UK are the most conservative in terms of investment risk among international peers, according to new research, shared exclusively with City A.M. today. More than half of wealthy UK-based investors rated themselves as conservative in terms of their approach to risk, with 20 per cent describing themselves as [...]
Bitcoin continues to show strength amid uncertain markets October 12, 2021 The Bitcoin price continues to rise this morning, up another one per cent over the past 24 hours to more than $57k.
Opinion-in-brief: Chancellor of the Blockchain Philip Hammond dabbles in crypto October 12, 2021 Former Chancellor Philip Hammond is following in the footsteps of many a fresh-faced tech graduate and joining a crypto start-up. It turns out a slap over the wrist from Westminster’s lobbying watchdog for hounding the Treasury on behalf of OakNorth bank was enough to leave Lord Hammond disillusioned with traditional finance. Instead, he will be [...]
JPMorgan Chase CEO Jamie Dimon dismisses Bitcoin as ‘worthless’ October 12, 2021 Jamie Dimon, JPMorgan Chase & Co chief executive, said last night at a conference by the Institute of International Finance that cryptocurrencies will be regulated by governments, Moreover, personally Dimon thinks Bitcoin is “worthless.” Watch the full report.
Bitcoin rises as SEC approves crypto equity ETFs and US says it won’t ban BTC October 11, 2021 Data from CryptoCompare shows that the price of Bitcoin opened last week above $47,000 and moved sharply upward to surpass $56,000 sparking numerous bullish calls from analysts and taking its market capitalisation above $1 trillion.
Banco Hipotecario forms alliances to help El Salvador’s Bitcoin roll-out October 11, 2021 Banco Hipotecario has teamed up with TESOBE, Qredo and Sovryn to enhance financial inclusion throughout El Salvador.
Is Bitcoin season here? October 11, 2021 Bitcoin is currently changing hands for just below $57k, within touching distance of recent all-time highs over $64k.
So much going on in the fast-moving world of Bitcoin October 8, 2021 Jason Deane takes a glance over one very busy week for cryptocurrency.
UK High Court: Brit who claims to have invented Bitcoin pursues damages claim October 8, 2021 The High Court is poised to reach a final decision in a defamation case involving an Australian computer scientist who claims he created Bitcoin. Dr Wright is pursuing a defamation claim against podcaster Peter McCormack who repeatedly accused him of fraudulently claiming to be Bitcoin’s pseudonymous inventor, Satoshi Nakamoto. The High Court today handed down [...]
Bitcoin is ‘overpriced’ as it is worth no more than $28k, says ByteTree’s investment chief October 8, 2021 Bitcoin, the world’s most popular cryptocurrency, is double the price it should be at fair value, according to the Chief Investment Officer of ByteTree. Charlie Morris of ByteTree, a provider of digital asset data, made the statement earlier today at the Token2049 conference in London, where he met with representatives from Coinbase and Galaxy Digital [...]