Blockchain company Coinsilium will IPO on London’s Aim July 14, 2015 A London-based startup which invests in the technology behind digital currency bitcoin intends to float on London’s junior market in the first IPO of its kind. Blockchain investment company Coinsilium will become the first blockchain company to go public, as the burgeoning technology gains attention from high-profile investors such as Richard Branson, Paypal co-founder Peter Thiel and [...]
Bitcoin’s price surges as Greeks rush to buy in July 1, 2015 Greeks have rushed to Bitcoin as the country’s financial future hangs in the balance. The digital currency has risen seven per cent since Friday and, at £262, is at its highest level since March. Interestingly, gold – which has long been relied on as a store of wealth during crises – has actually fallen in [...]
London takes the lead in Bitcoin innovation June 28, 2015 London is fast becoming a global hub for development of innovations using digital currency Bitcoin. City institutions including the Bank of England, Barclays, UBS and Goldman Sachs are all looking into the potential for using Bitcoin to speed up processes in traditional finance. TRANSPARENCY Bitcoin is a digital currency which is bought online and [...]
Bitcoin spikes above $240 on Fed interest rate fears June 16, 2015 Bitcoin has spiked against the dollar, broaching the $240 mark for the first time this month. Read more: How to really make money from Bitcoin The cryptocurrency reversed sharp falls from earlier this month to jump as high as $241.09 today, as investors awaited a policy update from the US Federal Reserve which is expected [...]
How to really make money from Bitcoin – CNBC Comment June 8, 2015 Are you putting all your life savings into Bitcoin, expecting the price to rally higher? Or are you taking bets on a price plunge using complex derivatives? Either way, I have a little tip for you. There’s another way to trade the controversial cryptocurrency and it involves new regulation from New York which was finalised [...]
Russell Brand teams up with cryptocurrency firm to fund global revolution April 14, 2015 Self-styled anti-capitalist revolutionary Russell Brand has teamed up with cryptocurrency and crowdfunding platforms to raise funds for his beloved revolution. Brand and his YouTube show the Trews have partnered with Startjoin – a cryptocurrency crowdfunding platform – as well as the cryptocurrency itself Startcoin to raise money for the cause. Russell Brand @RustyRockets, @Trews, @StartJOIN & [...]
Chinese government restrictions failing to curb Bitcoin use March 12, 2015 China is going mad for Bitcoin, according to a new report by Goldman Sachs. Despite the government's measures to restrict use of the currency 80 per cent of Bitcoin volume is now driven by the Chinese Yuan. The next biggest driver of transactions is the US dollar, followed by the Euro. The bank isn’t alone [...]
Bitreserve and CNET founder Halsey Minor talks dot-commers, virtual currencies and the Bank of England’s open-mindedness March 8, 2015 You might not have heard of Halsey Minor, but it’s likely that you’ve indirectly benefited from one of his many achievements. He’s one half of the brains behind CNET, the technology media website which, founded in 1994, was in the vanguard of internet firms, and is still one of the most-visited tech information resources in [...]
Central banks could create cryptocurrencies like Bitcoin February 25, 2015 Cryptocurrency Bitcoin could revolutionise the way Britons pay for goods and services, in much the same way as the internet shook up access to information, the Bank of England has said. Bitcoin “potentially combined with mobile technology, may reshape the mechanisms for making secure payments”, the Bank said. The Bank could itself create digital currencies, [...]
Could the Bank of England one day embrace Bitcoin? February 25, 2015 Cryptocurrency bitcoin, in combination with mobile technology, could revolutionise the way we make purchases, which has prompted the Bank of England to conduct more research into the area. The bank said it could defunct banks' roles as middle men by allowing secure payments to be made directly. "This has potentially profound implications for a financial [...]