Wild Wednesday: Crypto in full blown meltdown as inflation concerns roil global markets May 19, 2021 Crypto currencies have gone into full blown meltdown with Ethereum falling 40 per cent at one point today, while Bitcoin prices have slumped below $40k as the sell-off gains further traction, after Chinese regulators took steps to discourage the use of crypto. The Peoples Bank of China said earlier today that cryptocurrencies should not be used or accepted [...]
S&P Dow Jones Indices launches crypto indexes May 4, 2021 The S&P Dow Jones Indices, a division of financial data provider S&P Global, today said it had launched cryptocurrency indexes. The S&P Bitcoin Index, S&P Ethereum Index and S&P Crypto Mega Cap Index will measure the performance of bitcoin, Ethereum and digital assets. The move to measure each space was originally announced in December last [...]
Ethiopia overhauls its education system with IOHK blockchain partnership April 27, 2021 Global blockchain specialist IOHK has partnered with the Ethiopian government to overhaul the nation's education system.
NatWest refuses to jump on the crypto bandwagon amid money laundering charges April 26, 2021 NatWest’s reluctance to enter the crypto market should be seen as out of step with the wider financial services ecosystem, according to a leading London lawyer. Earlier this week, the bank said it has ‘no appetite’ to serve business customers which accept cryptocurrency, as the bank is taking a ‘cautious approach’ following recent money laundering [...]
John McAfee on life in prison… and the price of Dogecoin April 26, 2021 Speaking from behind bars in a Spanish jail, computer legend John McAfee says he’s stunned by the price of Dogecoin.
Could Ethereum overtake Bitcoin as the world’s leading cryptocurrency? April 23, 2021 Ethereum has the potential to be bigger than Bitcoin and become the dominant crypto asset, according to a renowned market analyst.
High Court paves way to answer the question: Who invented Bitcoin? April 22, 2021 The High Court today paved the way for a case that could force the judges to take a view on who invented bitcoin, the world’s most popular cryptocurrency. The court has allowed Craig Wright, an Australian computer scientist who alleges he created bitcoin, to serve a copyright infringement lawsuit against the operator and publisher of [...]
ECB day and trouble in travel while Bitcoin is oversold April 22, 2021 European futures are trading higher as traders pick up momentum from Wall Street, where we saw the Dow Jones index posting some strong gains. It seems like traders are taking every retracement in the stock market as an opportunity to jump back in or double down on their riskier bets, and this is pushing the [...]
Bitcoin slumps as cryptocurrency sheds record gains April 18, 2021 Bitcoin fell as much as 14 per cent today, shedding most of the volatile cryptocurrency’s gains over the last year. The digital asset has surged so far this year as it begins to gain mainstream acceptance as an investment and as a form of payment. But it dropped as much as 15 per cent to [...]
Crypto D-Day: Anticipation high for Coinbase IPO April 14, 2021 With the growing popularity of cryptocurrencies, attention is inevitably shifting towards the exchanges that they trade on. Today’s Coinbase IPO, a direct listing, is something that investors have been looking forward to for a while. With big things expected as the platform gets set for its IPO, what will the initial Coinbase share price be? City [...]