Current institutional approach to decentralised finance (DeFi) June 23, 2021 Rob Gaskell of Appold takes a detailed look at the effects of institutional interest in decentralised finance.
Turbulent day as Bitcoin hits 2021 low before dramatic recovery June 23, 2021 The crypto markets had a rollercoaster of a day yesterday, with Bitcoin briefly dipping below $30,000 for the first time since January before recovering sharply to around $34,000 at time of writing.
FCA boss says regulator will crank up post-Brexit checks on foreign firms June 22, 2021 European financial firms will be expected to pass a “rigorous review” if they are to operate in the UK, the Financial Conduct Authority’s boss said in a speech today. Nikhil Rathi told a City audience that since the end of the transition period, the regulator has taken action against 13 firms who are currently operating [...]
Not Satoshi’s vision: Is MicroStrategy in danger of becoming Bitcoin’s central bank? June 22, 2021 Something strange has happened over the past several months, and it’s transpired right under everyone’s noses – Bitcoin has become centralized. During the course of the pandemic, one by one, publicly traded companies have lined up to buy (relatively) cheap BTC, but one has outbought them all. Microstrategy now holds more than 105,000 total Bitcoin [...]
China crackdown continues though Bitcoin decline slows June 22, 2021 Bitcoin, Ethereum, and other cryptocurrencies are all trading lower again today, with the alt markets seeing particularly large drops. Bitcoin is currently down 3% over the last 24 hours and more than 20% over the last week, though its market dominance is actually up again from 45% to 47% as others take a bigger hit. [...]
Artist Marco Evaristti shows that NFTs are more than art June 21, 2021 “You can burn or steal the picture and ban the video, but the story and ownership will remain by the caretaker.” – Marco EvaristtiThis writer is not the biggest fan of NFTs, being a person who loves the circularity of life and it being based on human interaction, not nebulous corners of digital places. To [...]
Crypto investment accessibility set to grow ahead of expected inflation rate hikes June 21, 2021 CryptoCompare data shows the price of Bitcoin (BTC) started the week close to the $40,000 but failed to breach that mark and keep moving upwards. Instead, the flagship cryptocurrency’s price dropped to a $33,000 low at press time. Ethereum’s Ether, the second-largest cryptocurrency by market capitalisation, moved from around $2,600 at the beginning of the [...]
Markets tank amid China mining crackdown June 21, 2021 Bitcoin is now down 18% over the last 7 days, Ethereum is down over 20%, XRP is down 22%…. It’s not the start to the week many will have hoped for. Can things turn around swiftly? In total, nearly $200 billion has been wiped from the cryptocurrency market since Sunday morning. This is on top [...]
Crypto AM Happy 3rd Birthday June 18, 2021 I t’s hard to believe that the first edition of Crypto AM, a double page spread in City AM, was published on 18th June 2018. My mission was to learn about Blockchain, Cryptocurrencies and Digital Assets and share / translate with the traditional square mile and Canary Wharf workers through the City AM newspaper and [...]
Latest Crypto findings paint a positive and yet terrifying picture as dark underbelly lurks June 17, 2021 An estimated 2.3m adults hold cryptocurrencies, up from 1.9m last year, according to the City of London’s financial regulator. While ownership of cryptocurrencies has increased, understanding of them appears to have gone down, according to the findings from the Financial Conduct Authority, published earlier today. Attitudes towards cryptocurrencies, or cryptoassets, appear to have changed, according [...]