City A.M.’s Crypto Insider interviewed Phillip Nunn, CEO of The Blackmore Group, a bespoke Investment House July 10, 2018 Phillip Nunn is becoming one of the UK’s, if not Europe’s, most influential online Blockchain and cryptocurrency experts, and has a social media following of more than 400,000 people organically grown due to the fascination surrounding this new, exciting and profound movement. Nunn has a background in financial markets and Fintech and has blended the [...]
Approach Blockchain with caution: Tremendous excitement around it but what’s the substance? July 10, 2018 "Blockchain” is a hugely popular buzzword. There’s all manner of promises being made — how good would it be if your business could get some or all of them? Beware the realities, though — there are good and useful parts of blockchain, but there’s a lot of hype. The promises Blockchain originated in Bitcoin, the [...]
Will Bitcoin Make or Break the internet? July 3, 2018 News in the last week included a report called, ironically, 'Beyond the Hype' from the global central bank (BIS, the Bank of International Settlements) which contains more than its own share of hype, including a headline stating ‘Bitcoin Could Break the Internet'. Together with the same obvious errors that the Bank of England's Mark Carney [...]
Tokenising Gold – City A.M.’s Crypto Insider Interviews Jinbi co-Founder Joe Crawley July 3, 2018 London-based Joseph Crawley heads up the gold mining operations and corporate strategy for Jinbi Token, a UK and Belarus-based gold-backed blockchain business. Jinbi merges traditional gold investment with blockchain technology, which allows the token holder to experience the best of both worlds. Joseph is an expert in precious metals, trading, and mining and understands well [...]
The True Value of Cryptocurrency: Why the Current Price Doesn’t Matter July 3, 2018 As the City of London’s first cryptocurrency market advisory and investment firm we, have seen the price of bitcoin rise from the lows of $150 back in 2013 to the highs of nearly $20,000 in late 2017, before a steep slide back to test support around the $6,700 – as of yesterday afternoon. For those [...]
Bank of England warns on cryptocurrency risks June 28, 2018 The head of the Prudential Regulatory Authority (PRA) Sam Woods wrote to chief executive officers (CEOs) of financial institutions today to warn of the risks of cryptocurrencies. The regulator, which is part of the Bank of England, warned that cryptocurrencies showed high price volatility and also raised concerns about vulnerability to fraud and manipulation as [...]
Move over Wall Street wolves, women are winning investment’s battle of the sexes June 28, 2018 Anyone with even a passing knowledge of the stock market could be forgiven for thinking that it is a strident, bullish, and dare I say masculine environment. Think of images of trading floors – there’s rarely a woman in sight – or of Leonardo DiCaprio in The Wolf of Wall Street and Damian Lewis in [...]
City Moves for 26 June 2018 – who’s switching jobs at Shop Direct, Eversheds Sutherland and Blippar? June 26, 2018 Today's City Moves cover retail, legal eagles and tech. Take a look at these movers and shakers: Shop Direct Shop Direct, the UK’s second largest pureplay digital retailer, has appointed Emma Alexander as fashion director, heading up its branded and own brand clothing and footwear offerings. She will report to group product director and executive [...]
New crypto platform with ex London Stock Exchange strategy chief on board aims for institutional investors June 26, 2018 A new trading platform for cryptocurrencies targeted at institutional investors will launch today in London with a former top executive at the London Stock Exchange (LSE) on its board. Archax will aim to operate “in a regulated manner” – in an as yet unregulated space – in a bid to attract big investors who have [...]
Alibaba founder Jack Ma hits out at Bitcoin amid launch of Ant Financial blockchain plan June 26, 2018 Billionaire business magnate Jack Ma has warned against speculating on the Bitcoin market after saying that the virtual currency could be a potential bubble. Ma, who is the founder of technology conglomerate Alibaba, made the remark yesterday as he launched his own “electronic wallet” which would make allow blockchain-based money transfers between Hong Kong and [...]