Confusion risk: the next frontier January 4, 2021 When people talk about the frontiers of FinTech, they usually mean new technologies or processes; something that changes the way we do things and causes wonderment. Usually, the last thing they think about is legal and regulatory issues. As 2021 dawns, this is going to change. Except perhaps the lack of wonderment about regulation. New [...]
Bitcoin’s New All-Time High and SEC’s Lawsuit Against Ripple Dominate Crypto Headlines January 4, 2021 CryptoCompare data shows the price of Bitcoin (BTC) moved up from around $26,800 at the start of the week to hit a new all-time high above $34,600 hit on the day the flagship cryptocurrency celebrated its 12th birthday. Ether (ETH), the second-largest cryptocurrency by market capitalization, moved from $730 to over $1.100 in a significant [...]
2021 the year for central bank issued digital currencies? January 4, 2021 The Bank of Japan is one of the latest institutions to make public its plans to experiment on how to operate its own digital currency, joining an expanding club of central banks, concerned with the rapid pace of private-sector innovation in the field of payments. Among its members, the club counts the central banks of [...]
Bitcoin turns twelve January 4, 2021 Crypto at a Glance Happy 12th birthday, Bitcoin (for yesterday)! via GIPHY On 3 January, 2009, the pseudonymous creator of Bitcoin, Satoshi Nakamoto, launched the ‘Genesis Block’ and laid the foundations for a new financial order. Yesterday, the original, the undefeated, aaaand stiiiill the largest cryptocurrency by market cap, Bitcoin, celebrated by surging to yet-another [...]
Can bitcoin $100,000 in 2021? & altcoin season is about to begin! December 22, 2020 Over the past few weeks the price of bitcoin has risen astronomically with institutional adoption really taking off. There has been much speculation about whether this is a short term rally that will be swiftly halted by over-regulation in the USA or the start of a bitcoin bull run to $100,000. Given that institutions are [...]
To the Moon: The ‘fintel’ going after the TikTok generation December 22, 2020 Almost every startup has at some stage dubbed themselves a disruptor. The Monzo or Revolut of their respective industries. It has become a tired cliche in the startup world but a new London-based startup is laying claim to being not only a disruptor but forging a new industry in itself. To the Moon claims to [...]
Control or catastrophe? Farage, fortune, freedom and a £199 subscription December 22, 2020 For the small price of £199 a year, promises Nigel Farage, you can “take back control” of your finances. Gold, real estate trusts, even a crypto revolution – all are tickets to an independent financial future, all stamped with the Brexit Party founder’s seal of approval. Or, at least, that’s the idea. But the jury [...]
Risk on or risk off? December 22, 2020 The next stage As expected, risk off tone dominated the price action as market participants reacted to the news of an aggressive spread of a new strain of coronavirus out of the UK, as well as further tensions between the EU and the UK ahead of the Brexit deadline. As a result, GBP was hit [...]
Why knowledge sharing is key to DeFi’s long-term security December 21, 2020 Interoperability and collaboration are key issues in order for blockchain technology to be adopted as a trusted global platform in supporting peer to peer immutable business transactions and exchange of value. However, the recent surge in proposed and actual uses of the technology to enable decentralised finance, or ‘De-Fi’, has revealed vulnerabilities in some blockchain [...]
Bitcoin price hits new all-time high above $24,000 as institutions drive up demand December 21, 2020 This week CryptoCompare data shows the price of Bitcoin (BTC) moved up from around $19,1000 at the start of the week to hit a new all-time high above $24,150 before enduring a correction that saw the flagship cryptocurrency’s price dip to $22,800 at press time. Ether (ETH), the second-largest cryptocurrency by market capitalization, moved from [...]