Crypto could give London a unique post-Brexit advantage says Hammond December 1, 2021 Ex-Chancellor Philip Hammond said the UK must move quickly on digital assets to secure its post-Brexit advantage in financial services.
Analysts optimistic Bitcoin is shaping up to retest all-time high for Christmas November 30, 2021 Crypto analysts are pointing to some potentially bullish action in the Bitcoin charts that could see the flagship cryptocurrency challenge its recent all-time high.
Rollercoaster start to the week for crypto markets as Omicron uncertainty remains November 30, 2021 Bitcoin appears to have stabilised at just below the $57,000 mark this morning, down one per cent over the past 24 hours but still up more than $2k since its weekend lows.
Treasury minister warns crypto regulation now ‘more complicated and difficult’ November 29, 2021 Regulating cryptocurrency and stopping fraud is becoming increasingly “complicated and difficult”, according to Treasury minister John Glen. Glen told Westminster’s Treasury Select Committee today that there needed to be a “level playing field” on regulation between cryptocurrency traders and the wider financial services industry in the wake of crypto’s increasing popularity. There is mounting evidence [...]
The week in crypto: Institutions increase Bitcoin exposure, and Ethereum hits new milestone November 29, 2021 Data from CryptoCompare shows that the price of Bitcoin initially moved up last week from $57,000 to test the $60,000 mark before plunging.
Bitcoin recovers after black and blue Friday for financial markets November 29, 2021 The cryptocurrency markets are currently in recovery mode after Friday’s crash saw the Bitcoin price fall to $53k.
We were so close to a crypto breakout, but this is now a ‘buy the dip’ moment, say Bitcoin analysts November 28, 2021 The Omicron variant of Covid-19 may have spooked the markets, but financial experts are suggesting the wobble in the value of cryptocurrencies could be an opportunity to 'buy the dip'.
Bitcoin exchanges unable to claim tax returns on cryptocurrencies November 28, 2021 Bitcoin exchanges will not be exempt from the UK’s digital services tax, according to HMRC, and are also not qualified as money. Cryptocurrency exchanges have been informed that they are exposed to the charge, as the digital asset “are not financial instruments” which leaves exchanges unable to claim tax returns on them, The Telegraph first [...]
BoE chief concerned over El Salvador use of Bitcoin as legal tender November 27, 2021 Andrew Bailey, governor of the Bank of England, said El Salvador’s decision to adopt Bitcoin as an official currency was concerning.
Diamond claws: Crypto trading hamster dies after standout investing career November 26, 2021 A crypto trading hamster, made famous by dishing out investment advice to thousands of online followers, has died of unknown causes.