1 Minute Market Rundown – 24th March 2022 March 24, 2022 Russia – UkraineYields in focusCrypto consolidates Rates markets continue to dominate proceedings with yields continuing to push higher but risk is holding in rather well. Looking across equities and crypto it feels like the dips are getting shallower and we are putting in higher lows. We have been saying crypto has been quietly bid and [...]
City watchdog prepares to clampdown on ‘high risk’ investments as consultation closes March 23, 2022 City watchdog the FCA has closed a consultation on the promotion of so-called high-risk investments today as it looks to clampdown on the misleading marketing of a range of alternative asset classes.
Cardano’s ADA back on the up after breaking $1 mark for first time in a month March 23, 2022 Cardano has heaved itself back over the dollar mark after an impressive 10 per cent surge in upward movement today.
Fake fundraisers trying to cash in on Ukraine crisis surge March 23, 2022 The national fraud reporting centre has received hundreds of reports of fake Ukraine fundraising requests.
Bored Apes NFT creator sets sights on metaverse after $450m capital raise March 23, 2022 Yuga Labs, the company behind the Bored Ape Yacht Club, said it has secured $450m (£341m) of funding with plans to launch a metaverse.
Apple snaps up Credit Kudos in open banking push March 23, 2022 Tech giant Apple has snapped up UK open banking startup Credit Kudos as it ramps up its push into payments.
Thailand declares ban on cryptocurrency payments March 23, 2022 Thailand's financial chiefs have dramatically announced a ban on using cryptocurrency as a means of payment.
NFTs: Are they legally laced up, or is the shoe on the other foot? March 23, 2022 Reed Smith partner Danielle Garno walks us through Nike's recent legal complaint over NFTs from online marketplace StockX.
UK crypto firm pushes back against FCA rules March 23, 2022 Crypto exchange Gemini has warned the UK regulator that draft rules for digital assets risk encouraging firms to relocate offshore.
Bitcoin price stable around $42k but demand still flat March 23, 2022 After breaking through the $43,000 on Tuesday, the price of Bitcoin is stabilising around the $42,000 mark this morning.