Volatility strikes again – markets take overnight battering, though is rebound already on cards? February 26, 2021 Bitcoin is now looking down the barrel of only its third double digit weekly loss in the last 11 months - but is a rebound already on the cards?
Bitcoin crashes for second time in a week February 26, 2021 Bitcoin’s second price crash of the week has sent a wave of nerves rippling across the cryptocurrency markets with red screens across the board this morning.
Cathie Wood: Low rates and quantitative easing drive interest in Bitcoin February 25, 2021 Cathie Wood, the well-known U.S. investor and founder of Ark Investment Management, said today that Bitcoin is in its “early days” given its diverse use cases. However, Wood emphasised Bitcoin’s potential as a hedge in a global economy of low rates and quantitative easing. “The dollar is down which is normally a positive cue for [...]
Bitcoin: Cryptocurrency investment is a digital wild west of fraud February 25, 2021 Cryptocurrency investment has seen a resurgence during the many Covid-19 lockdowns, and with Elon Musk piling into Bitcoin, interest is unlikely to diminish any time soon. But, with the upswing, there has also been a corresponding spike in the volume of cryptocurrency related fraud. Many of the victims of crypto fraud are savvy investors in [...]
Nine messages to the world on crypto February 25, 2021 Zumo CEO Nick Jones gives his take on why we need crypto, and debunks some of the myths that could be holding up progress.
Man who claims to have invented Bitcoin starts £3.5 billion legal war with crypto developers February 25, 2021 Controversial computer scientist who claims to be the inventor of Bitcoin has launched legal actions against crypto developers.
Cardano hard fork ‘Mary’ proudly announced while the Saylor Musk saga keeps on turning February 25, 2021 Bitcoin markets appear to settle but Elon Musk continues to make mischief with his tweets about Doge coin.
DeFi: Unlocking liquidity for consumers & institutions February 25, 2021 Decentralised Finance (called ‘DeFi’ for short) refers to the distributed applications or financial ‘protocols’ that are built on a public blockchain and are community governed rather than controlled by a centralised entity or intermediary. One way to think of it is as a system of open source “money legos” or components that can be assembled [...]
More than a dozen companies exit $11bn Nord Stream 2 project to avoid US sanctions February 24, 2021 Baker Hughes Co, AXA group and 16 other companies have stopped working on Russia’s Nord Stream 2 natural gas pipeline to avoid US sanctions, according to multiple media reports this evening. Russian energy company Gazprom and its partners are in the process of building an $11bn pipeline that will supply natural gas from Russia directly [...]
Crypto: Despite the risks, is Bitcoin becoming mainstream? February 24, 2021 2020 was a record-breaking year for Bitcoin, and this year may not be any different. Despite its spectacular drop last week, the crypto frenzy is far from over. Banks, well-known business leaders and investors all seem to jump on the digital currency bandwagon. Bitcoin has come a long way since it first launched in 2009, when [...]