Bitcoin hits new all time high at $68k November 9, 2021 The world’s oldest cryptocurrency is barrelling towards the $70k price point for the first time with price up more than 3 per cent today. In the early hours of this morning Bitcoin set a new record price of $68,641 helping to keep the global crypto market’s value above $3tn for the second day running according [...]
China to advance the development of state issued digital currency November 9, 2021 China’s government remains at the cutting edge of digital payments technology with plans to further “advance” the development of an eYuan. China’s flagship digital currency is backed by its central bank and has fast gathered pace with an initial trial gathering over 20m users and seeing transaction values top 34.5bn yuan (£3.9bn) in a matter [...]
Haydn Hammond – when bankers go crypto November 8, 2021 Crypto AM writer Jillian Godsil interviews banker-turned-crypto enthusiast Haydn Hammond.
VCs invest record $6.5 billion in crypto as demand keeps growing November 8, 2021 Data from CryptoCompare shows that the price of Bitcoin started last week at around $62,000 and slowly dropped to retest the $60,000 mark, from which it bounced off to now trade at $66,000
Global crypto market cap surges past $3tn as top coins rally November 8, 2021 The global crypto currency market is now worth a whopping $3tn (£2.2tn) according to data from CoinGecko. It comes after top ten crypto currencies have all experienced a price surge over the past week helping to push the market to new heights. Bitcoin has jumped above the $66k mark, up 6.4 per cent in 24 [...]
Ethereum sets new record high as US mayors compete for Bitcoin pay November 8, 2021 It’s been a strong start to the week for the Bitcoin price, which is up around six per cent over the past 24 hours to just below $66k.
Bitcoin ETF may have driven hype and price – but is it for you? November 8, 2021 Bitcoin ETFs are, according to Crypto AM columnist Nigel Green, an important milestone in the mass adoption of Bitcoin and other cryptocurrencies - but are they for you?
‘Cheap money’ fuels crypto rush as Bitcoin bounces near record $66k high amid inflation fears November 8, 2021 Bitcoin jumped by more than 7 per cent over the last 24 hours, heading above $66,300. ’Bitcoin is bouncing higher again, close to all-time highs fuelled by expectations that the era of cheap money looks set to hang around for longer, while inflation is expected to keep ticking up,” Susannah Streeter, senior investment and markets [...]
UK fintech body slams government for ‘ducking’ to roll out sector strategy November 8, 2021 UK fintech’s industry body, Innovate Finance, has attacked the government for inaction in delivering on its recommendations for the sector in the Kalifa report, published earlier this year. Adam Jackson, director of policy at Innovate Finance, said: “The main policy and regulation recommendation that has been ducked so far is for a FinTech strategy. “Kalifa [...]
Police seize $62m in assets from alleged Filecoin ponzi scheme November 7, 2021 Police in China have seized assets worth 400m yuan (£46m) and arrested dozens of people in connection with a suspected Filecoin mining scam. Chinese state media confirmed that Fengxian County Bureau had arrested 31 members of IPFS Union Star Alliance for their alleged role in a multi-level-marketing fraud. Police seized millions of pounds worth of [...]