Fear, Anxiety, Doubt – FUD January 27, 2021 Crypto at a Glance Beware FUD! Last week’s barrage of mistruth reportedly claimed a major victim in software company NexTech AR Solutions, which sold off all 130 of its Bitcoins (worth roughly $4 million), citing reports of a possible “double spend” on the blockchain. The supposed double spend has now been shown to be nothing [...]
3i Infrastructure holds dividend despite yearly income slump January 27, 2021 Investment firm 3i Infrastructure remains on track to meet its dividend target after it reported a resilient third quarter on Wednesday. The company secured a total income of £24m between 1 October and 31 December, a 45 per cent drop from the £44m it took home during the same period last year. It is on [...]
Institutional money buys the dip January 26, 2021 Crypto at a Glance It was another volatile day in the neighbourhood yesterday, though we don’t seem to have moved all that much. It kicked off with Bitcoin chilling at just over $32,000, before a rally to almost $35,000 set pulses racing. It looked set to continue its charge, but swiftly fell back to finish [...]
The nascent UK cryptoassets industry – Post-brexit opportunity? January 25, 2021 The start of 2021 heralded new rules governing the relationship between the UK and EU. While the scope for cross-border financial services provision between the UK and the EU still remain unclear in the final hour Brexit deal, it seems likely that regulatory “equivalence” will continue for most areas of traditional financial services (e.g. including [...]
Bitcoin community resilient amid confusion surrounding BTC’s whitepaper January 25, 2021 CryptoCompare data shows the price of Bitcoin (BTC) moved from around $36,000 to a low under the $30,000 mark before the cryptocurrency’s price recovered. It’s now trading at $33,000 and appears to be within a tight range with support at $31,000. Ether (ETH), the second-largest cryptocurrency by market capitalization, kept on moving up throughout the [...]
What dip? New all-time highs for Ether, Link, Aave and UNI January 25, 2021 Crypto at a Glance On Friday, we asked whether a flash crash was just a dip or the start of a more prolonged correction. It was a question that swiftly received an answer, with the dulcet pings of new all-time highs sounding across the land over the weekend. After months of trying, Ethereum finally set [...]
Bitcoin crashed! I bought the dip! January 22, 2021 Bitcoin has had a terrible week. Generally I take that as great news as a terrible week for Bitcoin was needed. The price of bitcoin has gone up every single week for a few months now and finally the market is drawing first blood as the price of Bitcoin declined to around $29,000 before bouncing [...]
Cut your bitcoin winnings – not your bitcoin losses January 22, 2021 Some people like to be losers all the time; nothing is ever good enough. If only, if only, they moan and whinge. Just my luck, just my luck. You know who I mean, the one who goes out to the petrol station to buy some Ginger Nuts and comes back with Digestives because there are [...]
Bitcoin holds $30,000 after worst drop since March January 22, 2021 Crypto at a Glance The price of Bitcoin fell 13% yesterday, erasing the majority of the gains made so far in 2021. It was the largest daily drop since the market crash of March 2020. Is this just a dip, or is it the start of a more prolonged correction? Encouragingly, Bitcoin is still holding [...]
The Rise of Ethereum: Could it Rival Bitcoin’s Success? January 22, 2021 The growth of Bitcoin in recent months has been noted across mainstream media, ushering in a host of investors from all backgrounds. However, it’s not just Bitcoin that’s caught everyone’s attention, as Ethereum makes it move as the next big cryptocurrency. The Ether price (ETH/USD) is currently at $1,274, recording a 73% Year-To-Date (YTD) performance. [...]
