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Crypto

  • Sam Bankman-Fried: Founder of crypto platform FTX sentenced to 25 years in jail

    March 28, 2024

    Bankman-Fried, 32, was convicted in November of fraud and conspiracy – a dramatic fall from a year earlier when he and his companies seemed to be riding a crest of success

  • Base’s boom causes problems at Coinbase

    March 22, 2024

    On Wednesday, the market made a strong reversal, as the Federal Reserve maintained interest rates at 5.25%-5.50%. However, ETF investors were not convinced. Net outflows for Wednesday stood at $261 million - the third day in a row of outflows. BlackRock’s IBIT maintained its undefeated inflow streak. However, it experienced its second lowest daily inflows of $49.2 million. Even with this week’s outflows, the market showed it does not have to rely on the ETF flows to have a good time. 

  • FTSE 100 today: Inflation data and US Fed policy decision to set footsie’s course

    March 20, 2024

    Asia's markets were mixed, while China’s central bank maintained steady loan prime rates. The rally of Bitcoin and Ether takes a breather. Investors focus on UK inflation data and the upcoming US Federal Reserve meeting for insights on future interest rate policies.

  • Gold and Bitcoin hit record highs as the US and UK prepare fiscal statements

    March 5, 2024

    Gold has enjoyed a run as a safe haven asset while bitcoin production cuts are expected next month

  • Bitcoin’s spectacular surge: blasts beyond $64,000 in crypto frenzy

    March 4, 2024

    Bitcoin reached a significant milestone on Monday, climbing to its highest level in two years, exceeding $64,000 as a surge of investment pushed it towards record territory.

  • FTSE 100 today: London markets set for cautious open as U.S. inflation data looms large

    February 29, 2024

    Asia mirrors Wall Street's decline, bitcoin breaches $60,000, and oil prices fall; all eyes are on US PCE inflation data for market direction.

  • Bitcoin blasts through $63,000; experts predict meteoric rise

    February 29, 2024

    Bitcoin surged beyond $63,000 on Wednesday, marking its highest level in over two years, fuelled by a wave of investment into new U.S. spot bitcoin exchange-traded products.

  • Coinbase rally continues after crytpo platform demolishes analyst expectations

    February 16, 2024

    Shares in crypto platform Coinbase have continued to rise in after hours trading after it announced its first quarterly profit since 2021.

  • Bitcoin breaks $50,000 barrier after over two years

    February 13, 2024

    Bitcoin has surged past the $50,000 mark, marking its highest level since 2021. This surge highlights a significant shift in investor interest, largely attributed to the introduction of mainstream bitcoin investment funds.

  • George Osborne joins Coinbase as crypto giant plots global expansion

    January 31, 2024

    Former Chancellor George Osborne has joined Coinbase’s global advisory council, the firm announced today, as the multibillion-dollar cryptocurrency exchange eyes up international expansion.

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