Bitcoin could tumble to £4,100 next year, analysts warn December 5, 2022 Bitcoin could plunge by a further 70 per cent next year as investors scramble for safe havens like gold amid continued turmoil on the markets, analysts have warned.
Allica Bank bags £100m cash injection after swing into profit December 5, 2022 Digital lender Allica said it had bagged a £100m cash injection today as it looks to guzzle up more of the UK’s small business banking market.
Bankman-Fried admits meetings on Alameda’s finances prior to FTX collapse December 4, 2022 Sam Bankman-Fried has admitted he had more knowledge of the financial health of FTX’s sister trading Alameda Research than previously suggested, as the extent of the ties between the two collapsed firms emerges.
FTX collapse shows need for venture capital ‘correction’, says investment chief December 4, 2022 The collapse of FTX has underscored a “distortion” in the venture capital market and the need for a correction across the industry, the boss of a global investment body has said.
Bitcoin ‘on the road to irrelevance’, says ECB November 30, 2022 The European Central Bank said Bitcoin is on the “road to irrelevance” today as it slammed the cryptocurrency as a “speculative bubble” with no productive value.
Truss budget fallout will drag on growth, LendInvest warns November 30, 2022 Property fintech LendInvest has warned that the fallout of Liz Truss’s disastrous mini-budget in September will drag on growth in the second half of the year, as borrowing slows amid sharp interest rate hikes.
City watchdog looks to boost access to financial advice for consumers November 30, 2022 The Financial Conduct Authority has laid out measures to widen access to financial advice today to allow consumers to “invest with confidence” amidst a cost of living crunch.
Bumper numbers help paper over the woes of Wise November 29, 2022 Wise’s regulatory and reputation troubles have not hurt the bottom line, writes Charlie Conchie
FTSE-100 indexer rolls out crypto equivalent amid market turmoil November 29, 2022 The firm behind the FTSE-100 has rolled out a series of crypto indexes today as it doubles down on a push into digital assets despite extreme volatility in the market.
BlockFi sues Bankman-Fried in bid to scoop up Robinhood stake November 29, 2022 Crypto lender BlockFi, which yesterday filed for bankruptcy, is suing the founder of collapsed crypto exchange FTX in a bid to claim Robinhood shares which were allegedly pledged as collateral, according to reports.
