Crypto deals in sport up 20 per cent to over £400m May 28, 2025 Sponsorship of sports organisations by crypto brands has increased by 20 per cent to over £400m with football driving new business, new research shows. The $565m spent by the blockchain-anchored organisations in the past season is closing in on the 2022-23 peak, when $685m was spent (£508m), according to SportQuake data. Nearly two thirds – [...]
Half of UK millennials set to include crypto in investment portfolios May 20, 2025 Almost half (49 per cent) of UK millennials are planning to invest in digital assets such as cryptocurrencies in their investment portfolios, City AM can reveal. The significant number of millennials backing bitcoin compared to 27 per cent of Gen X investors and eight per cent of baby boomers, EY’s recent UK Wealth Report found. [...]
Cyber attack: Coinbase warns of $400m hit after data breach May 15, 2025 Crypto exchange Coinbase has disclosed a significant cyber attack that could cost the company between $180m (£135m) and $400m (£300m), after hackers breached account data belonging to a “small subset” of its users. The news sent shares down three per cent in pre-market trading on Thursday. Coinbase said it received an email from an unknown [...]
Lord Cruddas’ CMC Markets takes control of blockchain firm May 7, 2025 CMC Markets, the firm founded by Conservative Peer Lord Peter Cruddas, announced on Wednesday it had acquired a majority stake in StrikeX Technologies. The London-based trading firm upped its holding in the blockchain firm to 51 per cent from 33 per cent previously. Shares in CMC Markets were up 0.3 per cent in midday trading [...]
Argo Blockchain shares tumble as it prepares to suspend trading amid widening losses April 30, 2025 Argo Blockchain has seen its stock tumble as it prepares to suspend trading of its shares over issues with its accounts as it posted widening losses. The crypto miner’s shares fell as much as 25 per cent as it conceded it had failed to finalise its accounts by the deadline required by London listing rules, [...]
UK bitcoin investors suffer as dollar dwindles April 23, 2025 UK investors in bitcoin and other cryptocurrencies have seen their returns eaten away as the value of the US dollar continues to fall against the pound. Bitcoin’s rally in recent days has pushed its price up to $94,000, meaning that it has returned 0.4 per cent since the start of 2025. However, this is only [...]
Could Trump’s tariff war turn crypto into a safe-haven asset? April 11, 2025 As trade tensions reignite under Trump’s wavering tariff announcements, global markets are once again bracing for volatility. The US President’s announcement of his ‘reciprocal’ tariffs last week triggered market chaos. His surprise move, expanding and intensifying tariffs on a wide range of imports, shook equities, manufacturing and commodities alike. But in the world of crypto [...]
Bitcoin plummets as chaos of Trump’s tariffs spread to crypto April 7, 2025 The chaos of Trump's tariffs has spread across Bitcoin and the cryptocurrency market, with digital assets taking a hit.
New tax rules set to hit crypto in 2025 March 28, 2025 As the UK tightens the screws on cryptocurrency taxation, investors and policymakers find themselves at odds over the future of digital finance. From April, around 12 per cent of UK crypto holders could face a hefty 24 per cent capital gains tax (CGT) rate – part of a broader tax squeeze that some argue is [...]
In the dumps: Man with £769m of bitcoin in landfill has appeal rejected March 14, 2025 James Howells, the man who claims to have lost £769m worth of bitcoin in a Welsh landfill, has had his appeal thrown out by the second-highest court in the land – and has now resolved to take his case to the European Court of Human Rights. Howells, who lost 8,000 coins of the cryptocurrency after [...]