How high will bitcoin go? Investing Bitcoin has finally broken through the $100,000 mark, a few hours after Federal Reserve chair Jerome Powell referred to the cryptocurrency as “digital gold“. The surge in bitcoin’s value from $50,000 in February of this year can be attributed to several factors but the largest by far has been the US presidential election. Former president [...]
UK takes down multibillion-dollar Russian crypto laundering network Banking The UK’s National Crime Agency (NCA) has smashed a multibillion-dollar Russian money laundering scheme which operated in Britain and had ties to the Kremlin. Investigators said on Wednesday that uncovering the Russian-speaking network, run out of London, Moscow and Dubai, marked the NCAs biggest money laundering case for a decade. The investigation was given the [...]
Four ‘outrageous’ market predictions for 2025 Markets Saxo Bank has published the latest in an annual series of “outrageous predictions” for 2025, from Nvidia trouncing its Mag Seven peers to the US dollar blowing up. The Danish bank’s predictions for the year, which do not represent its official views, are “meant to spark discussions and challenge consensus” about a changing world. Here [...]
Neobrokers take aim at Hargreaves Lansdown and AJ Bell November 27, 2024 A crop of neobrokers are ramping up their challenges to the industry’s dominant players in what experts say could reshape Britain’s retail investment scene.
Ahead of the Game: Leicester City decide to stick with embattled sponsor November 27, 2024 Leicester City will not exercise their right to seek a new shirt sponsor after their existing partner BC.Game was declared bankrupt last week. The crypto gaming firm’s two parent companies, Blockdance BV and Small House BV, were hit with the bankruptcy order by a court on the Caribbean island of Curacao following a legal dispute [...]
UK delays stablecoin regulation amid rise in crypto investing November 26, 2024 The government has delayed the rollout of a regulatory regime for stablecoins, it has been confirmed. City minister Tulip Siddiq confirmed that the government’s plan for stablecoin regulation, which had been expected this year, would be rolled into a larger regulatory plan for crypto next year. “Doing everything in a single phase is simpler, and [...]
Robinhood boss says UK’s stance on crypto trading is ‘backwards’ November 17, 2024 The billionaire chief executive of investment platform Robinhood has said UK policymakers' stance on cryptocurrency trading is "backwards" compared to regulated forms of gambling.
Bitcoin surges as Trump-fuelled rally continues November 11, 2024 The controversial cryptocurrency hit a record high of $82,313 earlier this morning.
St James’s Place: More changes in mandates to come, CIO says October 25, 2024 There will continue to be a significant shake-up in who manages some of the biggest funds at the UK's largest wealth manager, the chief investment officer of St James's Place has told City AM.
Bitcoin’s surge is thanks to one thing: Donald Trump’s improving ratings October 22, 2024 Donald Trump’s rising chances in the upcoming presidential election are helping bitcoin’s price come back close to its all-time high. Bitcoin’s price is up 11.5 per cent in the last ten days, and 26 per cent from its seven-month low in September, and analysts are pointing to a simple reason for the spike: Trump. Trump’s [...]