Bitcoin hits $30k low as Wall Street continues to struggle, but is it bouncing back? May 10, 2022 The price of Bitcoin came within touching distance of $30k yesterday - the lowest it’s been since July 2021.
Letters: Up and down for the Bitcoin world May 10, 2022 [Re: Bitcoin slips to three-month low as interest rate rises hit financial markets, yesterday] Over the weekend, the value of Bitcoin has reached new lows of £27,630, meaning the market value has now fallen by 50 per cent since its peak in November 2021. Whilst investors shouldn’t be too taken aback by the fall, given [...]
London won’t throw out fraud until we put transparency at the core of finance May 10, 2022 Today the Queen’s annual speech will be delivered to parliament. Amid all the pomp and ceremony that surrounds this event, one very important piece of legislation to be expected is a second Economic Crime Bill. The first bill had to be fast-tracked through parliament as part of the government’s immediate response to Russia’s invasion of [...]
Zuckerberg: Facebook and Instagram to test NFTs on user profiles May 9, 2022 Meta CEO Mark Zuckerberg has confirmed that the tech giant will start testing digital collectibles on Instagram and Facebook in the coming weeks, allowing users to display non-fungible tokens (NFTs) on their profile. Augmented reality NFTs will feature on Instagram stories via Spark AR, Meta’s AR software platform, and will be coming to the rest [...]
The City View: Analysing the G7 plan to phase out Russian oil May 9, 2022 Today Andy Silvester talks to City A.M. reporters Nicholas Earl and Leah Montebello. They go through the G7’s decision to phase out Russian oil, historically elevated gas prices, unpick Snapchat owner Snap Inc.’s plan to compete with the likes of TikTok, and break down Uber’s CEO Dara Khosrowshahi’s recent letter to employees. And in the [...]
SEC doubles size of digital asset unit as Argentina bars banks from crypto services May 9, 2022 Data from CryptoCompare shows that the price of Bitcoin started last week with a sharp move higher, to test the $40,000 mark.
Crypto markets slump as Bitcoin tumbles below $33,000 May 9, 2022 Bitcoin, the world's largest crypto currency, has dipped by 15 per cent this week and is trading below $33,000.
Q9 launches integrated crypto performance analytics May 9, 2022 Crypto investment platform Q9 Capital has launched the industry’s first integrated portfolio performance analytics solution.
Exclusive: Bitstamp chief executive walks out over boardroom row May 9, 2022 Crypto exchange Bitstamp has rushed to appoint a new chief executive after Julian Sawyer walked out over a boardroom disagreement.
Bitcoin slips to three-month low as interest rate rises hit financial markets May 9, 2022 The price of Bitcoin (BTC) fell to a three-month low yesterday, dropping below $34k to its lowest level since late January of this year.