Why the gold price will continue to rally in 2025 December 28, 2024 The untrammelled ascent of bitcoin has occupied the attention of many market watchers of late, with Donald Trump’s election to the White House sending the cryptocurrency – and others like it – on an eye-watering tear. Bitcoin has risen nearly 50 per cent since November 3 – the eve of the US election – while [...]
What’s in store for bitcoin in 2025 as Donald Trump returns to the White House? December 22, 2024 2024 was definitely the year of the bitcoin: The first bitcoin spot ETFs were approved in the US, the cryptocurrency reached an all-time high, and the fourth bitcoin halving occurred in April. The price of bitcoin now sits at over $84,000, up 142 per cent since the start of the year and 60 per cent [...]
Bitcoin hoaxer Craig Wright convicted of contempt of court December 20, 2024 The man who loudly claimed to be the founder of Bitcoin—only to be exposed in court as anything but—was slapped with a contempt of court ruling by a judge
FCA rejects ‘light-touch’ regulation in push for City growth December 10, 2024 The heads of the Financial Conduct Authority (FCA) told MPs they will not adopt a “light-touch” approach to regulation today after criticism the City watchdog has hampered growth with burdensome red tape. Appearing before the Treasury Committee on Tuesday, FCA chief executive, Nikhil Rathi, and chair, Ashley Alder, warned of the challenges in delivering on [...]
How high will bitcoin go? December 5, 2024 Bitcoin has finally broken through the $100,000 mark, a few hours after Federal Reserve chair Jerome Powell referred to the cryptocurrency as “digital gold“. The surge in bitcoin’s value from $50,000 in February of this year can be attributed to several factors but the largest by far has been the US presidential election. Former president [...]
UK takes down multibillion-dollar Russian crypto laundering network December 4, 2024 The UK’s National Crime Agency (NCA) has smashed a multibillion-dollar Russian money laundering scheme which operated in Britain and had ties to the Kremlin. Investigators said on Wednesday that uncovering the Russian-speaking network, run out of London, Moscow and Dubai, marked the NCAs biggest money laundering case for a decade. The investigation was given the [...]
Four ‘outrageous’ market predictions for 2025 December 3, 2024 Saxo Bank has published the latest in an annual series of “outrageous predictions” for 2025, from Nvidia trouncing its Mag Seven peers to the US dollar blowing up. The Danish bank’s predictions for the year, which do not represent its official views, are “meant to spark discussions and challenge consensus” about a changing world. Here [...]
Neobrokers take aim at Hargreaves Lansdown and AJ Bell November 27, 2024 A crop of neobrokers are ramping up their challenges to the industry’s dominant players in what experts say could reshape Britain’s retail investment scene.
Ahead of the Game: Leicester City decide to stick with embattled sponsor November 27, 2024 Leicester City will not exercise their right to seek a new shirt sponsor after their existing partner BC.Game was declared bankrupt last week. The crypto gaming firm’s two parent companies, Blockdance BV and Small House BV, were hit with the bankruptcy order by a court on the Caribbean island of Curacao following a legal dispute [...]
Critics circle under-fire watchdog November 27, 2024 What unites firebrand socialist MPs and stalwarts of the Tory establishment? The answer – somewhat unbelievably – is the state of our main financial regulator. The Financial Conduct Authority is heading into a cold winter with storms swirling on all sides. It faces fury from parts of both the Square Mile and Westminster for hamstringing [...]