The problem with bitcoin’s own ‘P/E’-style valuation measure December 8, 2017 As the perceived worth of a single bitcoin criss-crossed its way around the $10,000 (£7,455) mark for much of last week, on The Value Perspective blog, we revisited articles from 20 June 2017 and 20 October 2017, when one bitcoin respectively bought you $2,779 and very nearly $6,000. Each time our primary concern was there [...]
Bitcoin steals gold’s shine as new investing in bullion drops by a fifth December 5, 2017 Bitcoin is stealing the spotlight from gold as trading among first-time buyers slid to the lowest point since the metal’s price sank in 2015, new data suggests. Gold trading among existing private investors rebounded as bullion prices steadied in November, but falling interest among new investors caused BullionVault’s gold investor index to dip to 53.9 [...]
Bitcoin blues: Welsh IT worker accidentally threw away laptop containing $100m crypto-currency stash December 4, 2017 One unfortunate Brit may be watching bitcoin’s charge towards the $12,000 barrier with a sinking feeling after throwing out a laptop with an estimated $100m (£74m) of the crypto-currency locked in it. Welsh IT worker James Howells was an early bitcoin investor. But four years ago he threw out his old computer that had the [...]
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 [...]