Apple CEO Tim Cook admits to owning crypto November 10, 2021 Apple’s chief executive Tim Cook has admitted to owning crypto and said he has been interested in digital assets for a while. While speaking at a financial conference in New York Cook was asked whether he owns Bitcoin or Ethereum. He replied “I do. I think it’s reasonable to own it as part of a [...]
Bitcoin pulls back from yesterday’s all-time high November 10, 2021 The price of Bitcoin is down this morning, falling back from yesterday’s record high of over $68,000.
Exclusive: Ripple launches liquidity service for top crypto assets November 9, 2021 Ripple has announced plans to launch a Liquidity Hub which will give its clients access to leading cryptocurrencies at competitive rates. The San Francisco-based company’s new Liquidity Hub will act as an aggregator to compare the cost of currencies across different sources, including exchanges, over the counter and market makers, to ensure investors get the [...]
Bank of England to launch consultation on plans for a digital pound November 9, 2021 State issued digital currency promises to be the next big financial experiment as the UK’s Central Bank prepares to launch a consultation on the electronic pound. HM Treasury and The Bank of England have joined forces to explore issuing a digital currency backed by the UK’s central bank, known as a CBDC, and are planning [...]
LK Bennett to offer customers crypto cash back November 9, 2021 Kate Middleton could soon be among shoppers being offered crypto cash back with LK Bennett poised to launch a Bitcoin rewards scheme. The luxury fashion brand, which is a favourite of the Duchess of Cambridge, has announced a partnership with the open-banking payments platform Mode to provide customers with crypto rewards. LK Bennett’s customers will [...]
Rebecca Ferguson the latest celebrity to jump into the crypto craze November 9, 2021 Dune and Mission Impossible star Rebecca Ferguson has become the latest celebrity to dive into the crypto space by featuring in an ad campaign for Copper. The digital asset custodian, which provides crypto trading solutions to more than 400 institutional clients including banks, recently made headlines when former Chancellor of the Exchequer Philip Hammond joined the [...]
China to advance the development of state issued digital currency November 9, 2021 China’s government remains at the cutting edge of digital payments technology with plans to further “advance” the development of an eYuan. China’s flagship digital currency is backed by its central bank and has fast gathered pace with an initial trial gathering over 20m users and seeing transaction values top 34.5bn yuan (£3.9bn) in a matter [...]
Bitcoin hits new all time high at $68k November 9, 2021 The world’s oldest cryptocurrency is barrelling towards the $70k price point for the first time with price up more than 3 per cent today. In the early hours of this morning Bitcoin set a new record price of $68,641 helping to keep the global crypto market’s value above $3tn for the second day running according [...]
Haydn Hammond – when bankers go crypto November 8, 2021 Crypto AM writer Jillian Godsil interviews banker-turned-crypto enthusiast Haydn Hammond.
VCs invest record $6.5 billion in crypto as demand keeps growing November 8, 2021 Data from CryptoCompare shows that the price of Bitcoin started last week at around $62,000 and slowly dropped to retest the $60,000 mark, from which it bounced off to now trade at $66,000