Why it’s easier to spend bitcoin than £50 notes January 15, 2021 Recently a friend of mine came into possession of a number of £50 notes. If I told you too much I would have to kill you, but it apparently involved a number of Covid-19 tests, a trip to Pakistan, some Kashmiri carpets and a large man from Barbados. I know some interesting people. I thought [...]
5 things you need to know about DeFi January 15, 2021 Towards the end of 2020, we witnessed an explosion in Decentralised Finance (DeFi) usage and awareness. These projects aim to decentralise the intermediary in financial transactions, moving away from the traditional rent-seeking finance model and toward stakeholder finance. Here’s what you need to know about this fast-growing industry. Open Innovation verse Walled Gardens DeFi networks [...]
Crypto AM shines its Spotlight on Trade the Chain January 15, 2021 | Sponsored Trade like a crypto insider: Trade the Chain combines the power of AI-driven sentiment indicators and actionable, real time alerts, and an expansive knowledge base with a global community of traders to help people make more informed trading decisions Hedge funds and other large financial institutions have long been able to make massive profits on [...]
Ether demand boom sparks liquidity crisis? January 15, 2021 Crypto at a Glance Bitcoin came back within striking distance of $40,000 again yesterday and has now recouped most of its losses from the dip earlier this week. There have been a number of reasons posited for the retrace and subsequent recovery, and it’s likely that a large part of it was simply the natural [...]
The zombie token apocalypse lurches on January 14, 2021 Each week, another crypto project ‘moons,’ and many more leave bag holders ‘rekt,’ ever wonder what’s behind these sudden moves? The Initial Coin Offering (ICO) era reminds many people of scams, over-inflated valuations at launch, and dead on arrival projects that rely on market makers to appear alive, which is akin to an overextended billionaire [...]
Crypto markets rally – next stop $50,000 for bitcoin?Crypto sees record demand as bitcoin bounces back January 14, 2021 Crypto at a Glance Was that the dip? It seems reports of Bitcoin’s demise have been, once again, greatly exaggerated. The price of bitcoin is now back at $38,000 and the total cryptocurrency market cap is above $1 trillion again. The sun is shining, the birds are singing in the trees, and the chemical odour [...]
$220m reasons to keep your password safe January 13, 2021 Crypto at a Glance If you’re having a bad start to the day, spare a thought for San Francisco-based computer programmer, Stefan Thomas. Stefan made headlines around the world yesterday with his tale of forgotten password woe. He now has just two chances left to remember the password to a hard drive containing the private [...]
Was that the Dip? Crypto markets bounce back! January 12, 2021 Crypto at a Glance The decision by some news outlets to declare a bear market yesterday, mere seconds into what was a widely-expected retrace, was always going to leave them at risk of having egg on their face when it rebounded. But then, they’re probably used to wiping yolk off their sweaty brows when it [...]
Tesla and the S&P 500: what could have been? January 12, 2021 | City Talk Tesla has finally joined the S&P 500 Index on 21 December 2020. Back in September, Standard & Poor’s announced that the index’s inclusion committee had decided not to add Tesla to the S&P 500. This unexpected news sent Tesla shares tumbling more than 16% in one day. Given Tesla’s sheer size — it is now among the [...]
Crypto Market Briefly Surpasses $1 Trillion as Adoption Keeps Growing January 11, 2021 CryptoCompare data shows the price of Bitcoin (BTC) moved up from around $30,000 at the start of the week to hit a new all-time high near $42,000 before enduring a steep correction. BTC is now trading close to $36,000. Ether (ETH), the second-largest cryptocurrency by market capitalization, moved from $780 to $1,300, a value close [...]
