After the Nvidelity comes the Huangover. Jensen Huang joins long list who confused boardroom and bedroom
Exclusive – Fintech tsar Charlotte Crosswell: ‘Our sector is not a fair and inclusive place’ December 16, 2020 As CEO of Innovate Finance, Charlotte Crosswell is Britain’s leading champion of innovative technologies in banking and finance. On behalf of the the not-for-profit group, which was founded in 2014 and supported by the City of London, she works closely with the Bank of England and the Treasury to support fintech solutions and pushes the [...]
From Industrialized Yield Farming to Hydroponics December 16, 2020 Over the course of 2020 the liquidity locked in decentralized finance (DeFi) protocols has grown in rapid fashion with use cases such as crypto-backed lending, decentralized exchanges (DEX’s) and insurance bringing the Total Value Locked (TVL) in DeFi to its current peak ~$15 billion with the majority of this capital existing on the Ethereum blockchain. [...]
Record highs December 16, 2020 Road to 20k The relentless appetite for risk drove the market higher yet again and with that, aggregate Bitcoin futures open interest (OI) advanced to a new record high. Interestingly, the CME has lost some ground to the likes of OKEx and Binance, although the OI still remains above $1 billion. Nevertheless, with the contango [...]
New biotech rapid-testing facility to help London ‘return to normality’ December 16, 2020 A biotech company, Biogroup is launching a new rapid-testing facility in London, which will boost testing capacity in the capital by 100,000 tests a week. Biogroup UK is setting-up an RT-PCR (RealTime Reverse Transcription Polymerase Chain Reaction) test service, initially via two pop-up testing centres in Marylebone and Notting Hill to detect the presence of [...]
From John le Carré to Chinese communists: Are there still reds under the bed? December 16, 2020 Perhaps it was appropriate that the news of a mass infiltration by insiders of Beijing’s ruling party should break in the same week that John le Carré died. The passing of the master of spy stories reminded us all of times past, when the world was dominated by superpowers who employed tens of thousands to [...]
Amazon to cut vehicle use in the City December 15, 2020 Amazon has teamed up with the City of London Corporation to reduce the number of delivery vehicles from City streets.
Lighting the flame December 15, 2020 Crypto interest opens The bullish camp gained further ground and the open interest (OI) surged back to within a touching distance of record highs, while the futures term structure was stretched even more in the wake of the broad-based risk on sentiment. As a result, Bitcoin traded briefly above the $19,500 level, before falling back [...]
Bitcoin Maintains $19,000 Level As Corporate Adoption Keeps Growing December 14, 2020 This week CryptoCompare data shows the price of Bitcoin (BTC) moved from about $19,200 at the start of the week to a low slightly above $17,500 before recovering back to $19,100 at press time. The cryptocurrency has maintained this level despite a few pullbacks. Ether (ETH), the second-largest cryptocurrency by market capitalization, has similarly remained [...]
Rebuttal December 14, 2020 XRP receives a spark Bitcoin recovered strongly over the weekend and traded through the $19,000 level, before finding resistance just ahead of the $19,500 level. In part supported by macro narrative and also rotation out of XRP. To that, XRP traded softer over the weekend, largely as expected, as the Flare Network worked out which [...]
City of London cgarity raises £1.5 million for charities in pandemic year December 14, 2020 In 2020, the most challenging of years, The Lord Mayor’s Appeal has been committed to its vision to create ‘A Better City for All’. Its ambition is to help one million people thrive through the charities it is supporting, Place2Be, OnSide Youth Zones, Samaritans, and The Duke of Edinburgh’s Award, and through its impactful initiatives [...]