Joe Rogan labels NFTs a ‘crypto currency hustle’ – CityAM : CityAM September 28, 2021 US sports commentator and social media personality Joe Rogan called NFTs a “crypto currency hustle” in recent comments on his podcast. When asked whether he would buy an NFT by guest Patrick Bet-David, an entrepreneur, Rogan said he was “not interested.” He continued by saying, “It’s a weird hustle, I think it’s like a crypto [...]
Europe becomes the world’s largest crypto market as UK adoption surges September 28, 2021 EUROPE has been crowned the world’s largest crypto market with investment in decentralised finance (DeFi) driving a surge in transaction volumes. European countries received more than $1tn (£734.4bn) worth of cryptocurrency in the space of a year, which represents 25 per cent of global activity, according to a new study by Chainalysis. The UK was [...]
Bitcoin and Ethereum head into decline as investors look to play safe after China ban September 28, 2021 Bitcoin is currently changing hands for around $42k, down from just below $44k yesterday. Ethereum has also fallen to below $2,900 again.
Vista Equity Partners eye buying British automation software firm Blue Prism – CityAM : CityAM September 27, 2021 Private equity firm Vista Equity Partners is reportedly nearing an agreement to buy British automation software developer Blue Prism. The software group is said to be eyeing an offer of 1,125p a share, which it could recommend today, Bloomberg first reported. It follows reported talks with Vista and US investment firm TPG in late August. [...]
Downing Street has cycling lanes row with TfL over £100m funding allocation September 27, 2021 Long-running tensions between Downing Street and City Hall have ignited again, after Transport for London (TfL) were slapped down over plans to give £100m to councils that have ripped out cycle lanes. Documents obtained by The Telegraph showed that TfL wanted to give £100m to councils that had removed cycling lanes and eliminated low traffic [...]
Gina Miller launches new True & Fair political party September 27, 2021 Anti-Brexit campaigner Gina Miller has announced plans to launch a new political party named True & Fair. Miller today confirmed that she has submitted an application to the Electoral Commission to register as a political party in England and Wales which she intends to lead. She said, “this Government needs to be held to account. Voters [...]
Cryptocurrency sentiment remains bullish in wake of Beijing’s Bitcoin ban September 27, 2021 Bitcoin’s price fell from $45,064 to $40,759 in the wake of Friday’s news from China. Ethereum and other cryptocurrencies followed Bitcoin’s lead.
Exclusive: UK electric car market in top speed as sales jump 186 per cent during pandemic September 27, 2021 Electric car sales in the UK have jumped by 186 per cent to 108,000 in 2020, up from just 38,000 in 2019, according to a new study, shared exclusively with City A.M. this morning. This growth is six times higher than the average sales growth of electric cars globally at 31 per cent in 2020, putting [...]
Rio Tinto investigated by the FCA over claims it misled the market – CityAM : CityAM September 27, 2021 Rio Tinto is reportedly being investigated by the UK’s financial watchdog over claims that it misled the market about a £5bn copper mine in Mongolia. Rio allegedly knew the Oyu Tolgoi mine was running behind schedule and over-budget long before investors were informed, the Daily Mail first reported. The mining giant tried to raise £1.3bn [...]
Ethereum is likely to hit fresh price highs before the end of 2021 September 27, 2021 Crypto AM columnist Nigel Green sets out five reasons why Ethereum could end 2021 on a high.