Bitcoin price (BTC) nears $10,000 as market cap overtakes IBM, Disney and McDonald’s, but bubble warnings persist November 27, 2017 Bitcoin believers have been left eagerly awaiting the cryptocurrency’s biggest ever milestone as it hovers just shy of $10,000 and its total market value overtakes some of the world’s biggest businesses. It has surged to a fresh record high on Monday, however, hitting $9,732.76 after breaking the $9,000 mark on Sunday, inflating expectations that it [...]
Bitcoin (BTC) price hits new high cracking $8,300 despite £30m Tether hack which sent it plunging November 21, 2017 Bitcoin took a serious plunge after an exchange revealed it was hacked and $30m stolen. But that didn’t hold it back for long. More than $400 was wiped from the value of the cryptocurrency which dropped five per cent over night after Tether, an exchange where cryptocurrencies are pegged to traditional currencies, said it had [...]
Debate: More people are searching for how to buy bitcoin than gold, but is the former a better investment? November 10, 2017 Debate: More people are searching for how to buy bitcoin than gold, but is the former a better investment? YES – James Collier is co-founder of Prism. Cryptocurrencies, bitcoin in particular, are clearly a far less stable investment than gold bullion. And if it’s stability you’re after, then gold’s your guy. But if you want [...]
Bitcoin: A bet on a bubble about to burst? November 9, 2017 What is Bitcoin and should we trust it? Five years after the cryptocurrency first burst into the public consciousness, many are still asking this most fundamental question. Nevertheless this month Leo Melamed, chairman emeritus of the world’s largest futures and options exchange CME Group, predicted the cryptocurrency will go on to become a new asset [...]
Licence to innovate: Nine new cyber security startups chosen for GCHQ’s accelerator programme with Wayra | City A.M. October 18, 2017 An innovative programme launched to foster fresh technology and ideas that could help Britain’s intelligence agencies fight crime has chosen a second intake of startups. The accelerator from GCHQ and Wayra has picked nine cyber security startups for an expanded programme following the success of the first of its kind accelerator launched last year. Read [...]
Baroness Bitcoin of Arabia: Michelle Mone and Douglas Barrowman on their delve into the world of cryptocurrency September 6, 2017 Baroness Michelle Mone, and her billionaire property mogul partner Douglas Barrowman, this morning open the sale of two 40-storey residential towers spanning 2.4m square feet in Dubai. Building a huge complex in the Emirates isn’t itself remarkable – the Middle Eastern playground for the rich is peppered with luxury apartments, largely paid for in state-owned [...]
Baroness Bitcoin of Arabia: Michelle Mone’s delve into the world of cryptocurrency in Dubai apartment complex September 6, 2017 Baroness Michelle Mone, and her billionaire property mogul partner Douglas Barrowman, this morning open the sale of two 40-storey residential towers spanning 2.4m square feet in Dubai. Building a huge complex in the Emirates isn’t itself remarkable – the Middle Eastern playground for the rich is peppered with luxury apartments, largely paid for in state-owned [...]
Solar, bitcoin, tech, Tesla and tea: seven important investment charts from August September 5, 2017 Each month, writers at Schroders pull together the most intriguing charts of the month. Solar production eclipsed (briefly) The US came to a standstill on 21 August as people looked skyward to witness a remarkable solar eclipse. But as the moon blocked the sun it also temporarily blocked solar energy production. California aims to generate [...]
Initial Coin Offerings: Are they a solution to Bitcoin woes? July 11, 2017 Initial Coin Offerings (ICOs) have taken the fintech world by storm the last few months. ICOs are tokens, typically based on the technology underlying Bitcoin’s more versatile cousin Ethereum, that entrepreneurs sell to investors in exchange for cryptocurrency – typically either Bitcoin or Ether, the cryptocurrency of the Ethereum network. Interestingly, these tokens do not [...]
Are ICOs and new altcoins a solution to Bitcoin woes? July 11, 2017 Initial Coin Offerings (ICOs) have taken the fintech world by storm the last few months. ICOs are tokens, typically based on the technology underlying Bitcoin’s more versatile cousin Ethereum, that entrepreneurs sell to investors in exchange for cryptocurrency – typically either Bitcoin or Ether, the cryptocurrency of the Ethereum network. Interestingly, these tokens do not [...]