‘Cheap money’ fuels crypto rush as Bitcoin bounces near record $66k high amid inflation fears November 8, 2021 Bitcoin jumped by more than 7 per cent over the last 24 hours, heading above $66,300. ’Bitcoin is bouncing higher again, close to all-time highs fuelled by expectations that the era of cheap money looks set to hang around for longer, while inflation is expected to keep ticking up,” Susannah Streeter, senior investment and markets [...]
Coinlist valued at $1.5bn on back of $100m funding round October 26, 2021 Coinlist, a token listing and crypto exchange platform, has raised $100m (£72m) in a Series A funding round bringing its valuation to $1.5bn. The round was co-led by Accomplice VC and Agman Partners with participation from Alphemy Capital, Continue Capital and CMT Digital among others. The bumper valuation comes after the company benefitted from surging [...]
Bitcoin´s new all-time high of $67k underscores its mainstream value, says deVere CEO October 21, 2021 Bitcoin is undeniably a mainstream asset class and most investors should consider including crypto assets as part of a diversified portfolio, asserts an industry insider. The bullish observation from Nigel Green, CEO and founder of deVere Group, which has $12bn under advisement, comes as the world’s dominant cryptocurrency hits a new all-time high of more [...]
Amid Bitcoin hitting $67k, first futures-based exchange-traded funds come to market October 21, 2021 Bitcoin climbed to a record high amid new interest as the first U.S. bitcoin futures-based exchange-traded funds come to market. Watch the full report.
Bitcoin price sprints past $66,000 to new all-time high October 20, 2021 Bitcoin has shot to a new all-time high today, after the first cryptocurrency-linked exchange-traded fund made its debut on Wall Street. The cryptocurrency price has climbed north of $66,000, sprinting past its previous record in April this year and taking its 2021 growth to more than 120 per cent. Arch-rival cryptocurrency Ether also rose, as [...]
Crypto criticism swells as thousands protest in El Salvador against Bitcoin policies October 18, 2021 Thousands of people in El Salvador’s capital took to the streets last night UK time to protest against President Nayib Bukele, over the Central American country’s adoption of bitcoin as legal tender and the firing of Supreme Court judges. Watch the full report.
UK investors play it safe, while Chinese take risks and Indians are all over crypto October 14, 2021 Affluent to ultra-high-net worth investors in the UK are the most conservative in terms of investment risk among international peers, according to new research, shared exclusively with City A.M. today. More than half of wealthy UK-based investors rated themselves as conservative in terms of their approach to risk, with 20 per cent describing themselves as [...]
Bitcoin continues to show strength amid uncertain markets October 12, 2021 The Bitcoin price continues to rise this morning, up another one per cent over the past 24 hours to more than $57k.
Opinion-in-brief: Chancellor of the Blockchain Philip Hammond dabbles in crypto October 12, 2021 Former Chancellor Philip Hammond is following in the footsteps of many a fresh-faced tech graduate and joining a crypto start-up. It turns out a slap over the wrist from Westminster’s lobbying watchdog for hounding the Treasury on behalf of OakNorth bank was enough to leave Lord Hammond disillusioned with traditional finance. Instead, he will be [...]
JPMorgan Chase CEO Jamie Dimon dismisses Bitcoin as ‘worthless’ October 12, 2021 Jamie Dimon, JPMorgan Chase & Co chief executive, said last night at a conference by the Institute of International Finance that cryptocurrencies will be regulated by governments, Moreover, personally Dimon thinks Bitcoin is “worthless.” Watch the full report.