Bitcoin will become legal tender in THREE more countries this year, predicts global finance expert January 4, 2022 Bitcoin will be adopted as legal tender in three more countries in 2022, predicts the CEO of a global financial giant.
Bitcoin’s teen spirit gets off to a gentle start January 4, 2022 It’s been a gentle start to the year, with the Bitcoin price continuing to trade in the same range between $46,000 - $51,000.
Estonia denies crypto ban rumours as new rules considered January 4, 2022 Estonia has reassured crypto investors the government will not ban digital assets as it moves to tighten money laundering rules.
Bitcoin hashrate touches new all time high January 3, 2022 Bitcoin's hashrate has reached a new all time high after surpassing levels last seen in April 2021, before China's crackdown on crypto miners.
Ethereum’s hashrate hits record high after outperforming Bitcoin in 2021 January 3, 2022 Data from CryptoCompare shows that the price of Bitcoin started the week at around $51,000 and quickly dropped to test its support at $45,000.
Southern trains cancels ALL services to and from London Victoria until January 10 as rail disruption worsens December 30, 2021 Southern announced this afternoon that none of its trains will run to or from London Victoria until January 10 due to “coronavirus isolation and sickness”. Disruption to rail services is worsening due to pandemic-related staff shortages and industrial action. London Victoria is one of the UK’s busiest stations, and is normally connected by Southern to [...]
The year of the activist shareholder: Vocal investors rebel more as FTSE companies struggle to get directors re-elected and pay approved December 30, 2021 Investors in FTSE companies are becoming more activist, with a 29 per cent jump in shareholder votes against the re-appointment of directors, according to new data shared with City A.M. In total 42 directors have been subject to major dissenting votes against their re-election, compared to 30 in 2020, according to a new report from [...]
City winners: This year’s most popular funds and shares, which include BP, Rolls Royce, Tesla and Argo Blockchain December 29, 2021 DIY fund buyers didn’t get the memo that value investing is back in fashion, instead largely plumping for growth strategies over the course of 2021. “Success breeds success they say, and retail investors clearly have a high conviction that these funds will continue to prosper,” Laith Khalaf at AJ Bell told City A.M. as he [...]
Six major exchanges to list Coinweb’s $CWEB from tomorrow December 29, 2021 Coinweb's $CWEB token is set to be listed on six major exchange platforms, as CEO speaks exclusively to City AM.
Best of the year: the business stories of 2021 December 29, 2021 Back in April, Credit Suisse got entangled in a “disaster pile-up” involving Greensill and Archegos. Eliot Wilson wrote of how the Swiss bank lost billions of dollars because of its relationship with the US based hedge fund Archegos and the now infamous Greensill Capital. This kind of economic catastrophe happens when banks have risk management [...]