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CryptoAM

  • 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. 

  • Exclusive: Institutional investors and wealth managers increasingly ‘test’ crypto market

    September 28, 2021

    More than six in ten institutional investors and wealth managers from the US, UK, France, Germany, and the UAE that currently don’t have any exposure to cryptocurrencies and digital assets, expect to invest in these for the first time within the next year, according to new data, shared exclusively with City A.M. today. In most [...]

  • Diamond claws: meet the hamster dishing out crypto investment advice

    September 27, 2021

    A crypto-trading hamster known as Mr Goxx is dishing out investment advice to thousands of online followers via Twitch streams. In adorable livestreams the pocket sized trader makes investments from a high tech office attached to his cage. The furry investment guru runs on an “intention wheel” to select an asset before running through one [...]

  • 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.

  • 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.

  • What China crisis? Crypto markets rally despite Beijing clampdown

    September 27, 2021

    The price of Bitcoin and other leading cryptocurrencies tumbled on Friday, as news spread that China’s central bank had again declared all crypto-related transactions illegal.

  • Bitcoin booms but Hong Kong listed crypto stocks slide in wake of China crackdown

    September 27, 2021

    Hong Kong listed digital currency stocks have nosedived today following Beijing’s declaration that all crypto payments are illegal. Huobi Global, a crypto currency exchange, saw its share price plummet by 21.87 per cent compared to its previous close price. OKG Technology, a fintech and construction company owned by the founder of crypto exchange OK Coin, [...]

  • Woke young Lib Dems most likely to turn to crypto, study finds

    September 27, 2021

    Crypto is a smash hit with young investors, particularly those with left leaning political views according to a new study. Young people, particularly those with left-leaning views, make up the majority of UK crypto investors with the Liberal Democrats found to be the natural political home of digital asset enthusiasts.  A resounding 29 per cent of LibDem [...]

  • China in all-out crypto crackdown as it declares payments illegal

    September 24, 2021

    China’s central bank has declared that all cryptocurrency payments are illegal, causing the global market to crash by 6.7 per cent at 5pm UK time. A Q&A posted on the People’s Bank of China’s website outlining government guidelines for cracking down on cryptocurrency trading has said all crypto payments are against the law. It comes [...]

  • Twitter adds tipping with Bitcoin after turbulent week for crypto markets

    September 24, 2021

    It was a week in which Bitcoin and other cryptocurrencies once again appeared to be trapped in lockstep with the traditional markets.

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