Watch: Muhammad Ali’s journey from Bitcoin entrepreneur to fugitive August 26, 2021 Muhammad Ali said he dreamt of building a cryptocurrency business before the Taliban began its sweep through Afghanistan. The fall of Kabul forced him into a daunting journey west, through Iran and Turkey, evading border guards and security searches as he went. Watch the full report.
Crypto rebound: Bitcoin jumps past $50k for the first time since May August 24, 2021 Bitcoin rose above $50,000 last night, for the first time since May, as a rally gathered momentum. Watch the full report.
Bitcoin: PayPal jumps on the crypto bandwagon August 23, 2021 PayPal will allow customers in the UK to buy, sell and hold bitcoin and other cryptocurrencies starting this week, the company said on Monday. Watch the full report.
Argo Blockchain prepares for Nasdaq listing August 20, 2021 Argo blockchain, the only London listed crypto mining company, is planning to sell shares on the US-based Nasdaq exchange. In a filing made to the US Securities and Exchange Commission, the company today confirmed its intention to list American Depositary Shares (ADS) on the Nasdaq exchange. According to the filing, Jeffries and Barclays will be [...]
Crypto adoption jumps 881 per cent in a year August 18, 2021 Crypto ownership has surged during the pandemic with adoption rising by 881 per cent in the year ending on June 30 2021. New data shows that global crypto adoption has risen from an index score of 2.5 to 24 over the year. According to Chainalysis, the publishers of the Global Crypto Adoption Index, crypto ownership [...]
London bitcoin miner faces attack from short-seller Boatman Capital August 10, 2021 A London-listed bitcoin miner has been accused of purchasing land for 100x its value by the anonymous authors of a report from Boatman Capital. In February 2021, Argo Blockchain told shareholders it had reached an agreement with DPN LLC to buy 320 acres of land in Texas for $5 million in shares initially, rising to [...]
SEC chief vows to crackdown on cryptocurrencies August 3, 2021 The new chief of the US’ financial markets watchdog has vowed to crackdown on cryptocurrencies as soon as possible. Speaking to Bloomberg, Gary Gensler, commissioner of the US Securities and Exchange Commission, said that he has instructed “staff to use all of our authorities anywhere we can” to improve oversight of crypto assets. Read more: [...]
Cryptocurrencies in my pension? Yes please, say 40 per cent of millennials July 28, 2021 Nearly half of millennials would like to invest part of their pension in cryptocurrencies, according to a new study shared with City A.M. today. 40 per cent of millennials would add cryptocurrencies to their pension, a CoreData Research study of 500 UK retail investors conducted in March and April found. The study also revealed that [...]
Elon Musk’s Twitter antics pushes Tesla’s $23m loss in Bitcoin assets July 27, 2021 Tesla’s lofty revenue, which surpassed analyst expectations today, has been offset by a $23m loss over Bitcoin which pushed the electric carmaker to dial back its investments. Elon Musk’s carmaker did not buy or sell any digital assets in its second quarter, as it dialled back investments after purchasing some $1.5bn in Bitcoin in the [...]
Short sellers bail out: Bitcoin jumps 12 per cent to test recent peaks July 26, 2021 Cryptocurrencies popped to the top of recent ranges earlier today as short sellers bailed out in the wake of a strong week and while traders hoped a handful of positive comments from influential investors might signal a turnaround. Watch the full report.