Exclusive: CEO of deVere Group on why Bitcoin bashers have got it all wrong June 24, 2021 Bitcoin and other cryptocurrencies have experienced a major sell-off this week following China’s crackdown on the sector. Around $400bn in value has been wiped from the total digital currency market since Friday, when a major Bitcoin mining hub ordered miners to shut down operations. It followed reports saying that China’s central bank had a meeting [...]
Presidents, senators and bright shiny Bitcoins June 24, 2021 Both Bitcoin and Ethereum are currently down about three per cent over the last 24 hours, with BTC changing hands for around $33k.
Bitcoin: is it still worth it? June 24, 2021 That Martini Guy takes a look at the narratives currently surrounding Bitcoin, particularly the arguments about energy use.
FCA boss vows transformation after MPs slam historic ‘culture’ failings over mini-bond collapse June 24, 2021 The Financial Conduct Authority said it was embarking on a “wide-ranging transformation programme” after MPs lambasted it for historic failings relating to the collapse of London Capital & Finance (LCF). A report from the influential Treasury Select Committee of MPs said that a change in the FCA’s “culture” was required to protect consumers from a [...]
John McAfee found dead in his Spanish prison cell June 23, 2021 Computing legend John McAfee has been found dead in his prison cell – just weeks after his devoted wife said her husband faced dying behind bars.
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. [...]