Bitcoin is ‘overpriced’ as it is worth no more than $28k, says ByteTree’s investment chief : CityAM October 8, 2021 Bitcoin, the world’s most popular cryptocurrency, is double the price it should be at fair value, according to the Chief Investment Officer of ByteTree. Charlie Morris of ByteTree, a provider of digital asset data, made the statement earlier today at the Token2049 conference in London, where he met with representatives from Coinbase and Galaxy Digital [...]
Elon Musk to move Tesla HQ from Silicon Valley to Texas October 8, 2021 Elon Musk has announced that Tesla is moving its headquarters from California’s Silicon Valley to Austin, Texas after 18 years in the Golden State. The move comes after Musk butted heads with Californian politicians earlier this year when he branded lockdown restrictions “fascist” after his factories were forced to close. While Silicon Valley is considered [...]
Elon Musk blasts chipmakers over ‘problematic’ supply October 6, 2021 Elon Musk has fired a broadside at two of the world’s largest chip manufacturers, accusing them of hampering production of Tesla’s electric cars. The boisterous billionaire said Tesla was “operating under extreme supply chain limitations regarding certain ‘standard’ automotive chips”. He singled out Renesas and Bosch as the “most problematic by far”. Car manufacturers have [...]
Is Ethereum a drug, and Cardano some kind of fancy Italian hard cheese? October 5, 2021 A new study has highlighted the lack of mainstream knowledge of cryptocurrency, with members of the public believing Ethereum is some sort of illicit drug, and Cardano is a cheese.
Bitcoin could still hit $100,000 by the end of 2021 – and here’s why… October 5, 2021 I’m confident that, if the current momentum in prices continues, we could see the Bitcoin price hit to-date unknown highs of $100,000, writes Nigel Green
Crypto Summit LIVE: Updates from the heart of the City September 30, 2021 Day 2 Yesterday, we were treated to keynote talks from Lord Chris Homes MBE, member of the House of Lords, Marcus Hughes of Coinbase and Alderman William Russell, Lord Mayor of The City of London and more! The day was topped off with an awards ceremony held at St Leonardo’s hotel in London. Closing thoughts [...]
Cinema chain boss says he wants to accept Dogecoin as payment method September 22, 2021 AMC Cinema chain CEO Adam Aron says he is now looking into the mechanics of accepting Dogecoin as a means of payment.
Sir Clive Sinclair: Inventor behind the home computer and pocket calculator dies September 17, 2021 Inventor Sir Clive Sinclair – the man behind the home computer and the pocket calculator – has died at the age of 81. The computing pioneer passed away at his London home yesterday morning, according to his daughter Belinda Sinclair. Sinclair, known for his ZX models, received a tribute from Tesla and SpaceX boss [...]
Michael Saylor buys up another 5,050 Bitcoin for MicroStrategy September 13, 2021 MicroStrategy – the world’s first PLC to hold Bitcoin – has bought more of the flagship cryptocurrency, taking its total holdings to a staggering 114,042 BTC worth almost $5.1bn.
Lee Wilson CA on helping some of business’s biggest players get to grips with cryptocurrency September 7, 2021 This article first appeared in ICAS’ CA magazine. Lee Wilson CA, Head of Finance at Elliptic, is helping some of business’s biggest players get to grips with cryptocurrency. He gives Ryan Herman a whistle-stop tour of an industry set to influence all our lives. One of the more surprising aspects of the pandemic has been the [...]