Deutsche Bank and Morgan Stanley to join the wave of institutions entering the Crypto fray. It begs the question – when $50,000 for Bitcoin? February 15, 2021 Crypto at a Glance It was an eventful weekend in the markets, though one characterised primarily by near misses. Bitcoin came within a nose hair of $50,000, Ethereum still hasn’t quite made it over the $2,000 line, and Cardano is yet to hit that dollar mark. The total market cap of all crypto markets did [...]
Before the Bell: Europe set for a higher open after bitcoin tests $50k February 15, 2021 Bitcoin continued to make new record highs over the weekend, edging close to the $50k level after last week’s surprise revelation that Tesla had taken the decision to plough $1.5bn into the cryptocurrency with a view to making it a means of payment. Despite some widespread scepticism about the wisdom of such a move it would [...]
Lockdown games are dangerous but very fun February 12, 2021 A friend of mine has become so bored of Lockdown 3.0 that he has created a new game called Middle Gear, loosely based on the driving TV show that featured three entitled idiots; Shorty, Geeky and Wanky.In this game, he meets a friend after dusk on the M25 with mutually full tanks of petrol and [...]
Miami Nice! Is crypto returning home? February 12, 2021 Crypto at a Glance There was yet another all-time high for Bitcoin yesterday, as it came within touching distance of $50,000. Will we see $50,000 this week? If the good news continues to flow in, it’s more than likely we will. Yesterday, we had Mayor of Miami, Francis Suarez share the progress they’re making towards [...]
New report highlights lack of awareness on modern slavery in Fintechs February 12, 2021 The Independent Anti-Slavery Commissioner has published a joint report highlighting the lack of awareness in the financial services sector in relation to issues of forced labour and exploitation of workers. Non-banking areas of the financial industry, such as crypto currencies, accountancy firms, insurance and brokering are noted as having particularly poor knowledge of this issue [...]
MasterCard plans to follow PayPal with crypto receipts for merchants, Cardano launching Native Tokens February 11, 2021 Crypto at a Glance The markets slowed yesterday, with Bitcoin and Ethereum both seeing small retraces after hitting new all-time highs earlier in the week. The rumour mill continues to grind though, with new reports quoting a ‘source familiar matter’ that MasterCard is planning to give merchants the option to receive payments in cryptocurrency later [...]
Bitcoin + Gold = BOLD February 11, 2021 Tesla announced that they had invested $1.5bn in bitcoin and the price duly surged. Markets are more efficient than many believe, and in recent months, the bitcoin price has responded positively to known investment flows more than anything else. Back in the day, Bitcoin would spike on news that a coffee shop accepted payment in [...]
Native tokens on Cardano February 11, 2021 Last week, IOHK, developers of the Cardano blockchain, updated the platform’s ‘native tokens’ testnet. The upgrade provides multi-asset support, allowing experimenters on the testnet to test and become familiar with utilising cryptocurrencies from other blockchains on Cardano and creating their own tokens prior to mainnet deployment. The update introduces the ability to create ‘native tokens’. [...]
Musk’s mischief sends shockwaves through crypto markets February 10, 2021 Elon Musk has disrupted the cryptocurrency world yet again with Doge tweet
All-time high bonanza for cryptocurrency February 10, 2021 Crypto at a Glance The markets continue to bathe in the glow of Tesla’s warm embrace, with Bitcoin hitting yet another (yawn) new all-time yesterday of over $48,000. It’s still not quite $50,000, but it will do for now. It’s green across the board today, with new all-time highs for Aave and Polkadot yesterday. Cardano [...]
