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Cryptocurrency

  • Why did Bitcoin surpass £50,000 for the first time this week?

    March 2, 2024

    Bitcoin prices hit their highest ever level on Thursday, surpassing £50,000 for the first time. After peaking in 2021 at the $60,000 mark, it then eventually crashed to around $17,000 last year, but has now recovered. Jason Hollands, managing director at Evelyn Partners, said that the recent rally had “almost certainly been powered by its [...]

  • Ex-Chancellor Philip Hammond appointed as chair of fintech Railsr

    February 29, 2024

    Former Chancellor Philip Hammond has been appointed as the chair of Railsr, a year after the embedded banking platform was rescued from collapse.

  • Crypto boom sees old and new meme coins flying

    February 29, 2024

    The total crypto market cap is now over $2 trillion for the first time in almost 2 years. Coinbase also jumped this week from 422nd to 277th top downloaded apps in the App Store - signalling increasing retail interest. 

  • 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.

  • Judge approves Binance £3.4bn guilty plea as US seeks to modify founder Zhao’s bond

    February 24, 2024

    A US judge on Friday accepted Binance’s guilty plea and more than $4.3bn (£3.4bn) penalty for violating federal anti-money laundering and sanctions laws through lapses in internal controls at the world’s largest cryptocurrency exchange. US district judge Richard Jones in Seattle approved the plea, which includes a $1.8bn (£1.4bn) criminal fine and $2.5 (£2bn) billion [...]

  • Coinbase is flying despite regulatory attacks

    February 19, 2024

    Each day, Coinrule will run through the state of the digital assets market for Blockbeat, your home for news, analysis, opinion and commentary on blockchain and digital assets In Coinbase’s latest advertisement, President Abraham Lincoln is depicted on a United States Cent asking to be ‘taken off this piece of scrap metal’ and to be [...]

  • As Markets rise, scaling wars are heating up

    February 15, 2024

    This week one of the most anticipated projects that is at the forefront of zk technology, Starknet, announced their token launch and its distribution to the community via a so-called airdrop.

  • 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.

  • Cryptocurrency chaos: Bitcoin’s wild ride on fake SEC greenlight for ETFs

    January 10, 2024

    Cryptocurrency markets experienced a rollercoaster ride following a false announcement on the U.S. Securities and Exchange Commission's (SEC) official social media account, X.

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