Bitcoin price surges after Craig Wright supposedly identified as anonymous creator Satoshi Nakamoto December 9, 2015 Bitcoin’s on the move again, with the cryptocurrency spiking $16.50 over a 15-minute period following reports that the true identity of its mysterious creator had been uncovered. The digital currency is currently trading at $415 and is moving up. But experts are split on whether the potential unmasking of anonymous creator Satoshi Nakamoto is the [...]
Bitcoin Black Friday 2015: Get your bitcoin wallets ready as the cryptocurrency gets in on the retail bonanza November 27, 2015 Get your bitcoin wallets ready: Bitcoin Black Friday is here again. Because of course, this year’s biggest shopping frenzy is hardly restricted to high street shoppers, and bitcoin spenders will be able to make the most of slashed-price bargains until midnight today. Over 150 merchants are offering discounts to mark the event, as the sale [...]
Bitcoin price: More people are now searching for bitcoin than Chinese yuan or Japanese yen – but it can’t match the pound or the dollar November 16, 2015 Bitcoin’s wild surge and fall has had people flocking around the cryptocurrency. Now fresh data reveals that more people are interested in finding out how bitcoin is doing than the Chinese yuan, or renminbi. Google search data shows that more people have been searching for the digital currency than the renminbi over the past month, [...]
Bitcoin has no future, says UBS chairman Axel Weber at Bank of England’s Open Forum November 11, 2015 The chairman of investment bank UBS, Axel Weber, has played down the potential of crypto-currencies such as Bitcoin. During a discussion at the Bank of England’s Open Forum, he said private currencies will fail to take off “because there is no lender of last resort – there will always be boom and bust”. During a [...]
Bitcoin price has smashed the $500 mark November 4, 2015 Bitcoin has gone through the roof, with the cryptocurrency passing $500 – a new 2015 high. The digital currency has surged 50 per cent in the past five days alone, as its gains have begun accelerating dramatically on the back of the EU’s recent decision to accept it as a currency. Charles Hayter of CryptoCompare [...]
Jeremy Corbyn and the leadership result: Labour’s Thatcher moment won’t win over the country September 10, 2015 Say what you like about Jeremy Corbyn, but at least you know where he stands. His principled, straight-talking platform has the potential to transform the Labour Party. In fact, Corbyn could change Labour as radically and fundamentally as Margaret Thatcher changed the Conservatives. Indeed, while he would not thank me for saying this, [...]
The blockchain won’t just change banking – it could help you buy your house July 21, 2015 There’s been a lot of attention focused on Bitcoin in recent years but arguably the most intriguing aspect of this crypto currency is the technology that underpins it – the blockchain. The blockchain facilitates Bitcoin and works by sequentially ordering blocks of transactions into a chain which is distributed to and can be viewed [...]
Blockchain boss Eddy Travia on Coinsilium’s IPO: Why I chose to float a FinTech business in London July 15, 2015 Whilst the bitcoin price may have stolen some headlines during the Greece negotiations it is the underlying technology, blockchain, that is really making waves across the financial world. Last year $330m (around £211m) flowed into bitcoin and blockchain companies, and in the first half of 2015 $373m was invested into the same space, bringing the [...]
Finovate Europe: Global FinTech stars meet up at London’s Old Billingsgate February 10, 2015 London played host to a financial technology (FinTech) showcase yesterday as over 70 startups from around the world met at Old Billingsgate market for a showcase of their latest wares. Each presenting company at Finovate Europe was given seven minutes on stage to wow an audience of over 1,000 executives, venture capitalists, journalists, analysts, and [...]
Will Ecuador ditch the dollar for its own bitcoin? September 1, 2014 Ecuador is launching its first digital currency, backed by the country’s central bank, supposedly as a way to help poorer people who haven’t previously been able to access traditional banking. The nameless crypto-currency will come into use in December and could mean that the country might drop the US dollar – the currency Ecuador introduced [...]