cryptocurrencies
December 6, 2023
Bitcoin's Surging Fortunes Amid Industry Turbulence
Bitcoin exceeding the $40,000 mark is because, not despite, the recent scandals are removing the bad actors from the market.
On Monday, the world’s largest crypto hit a high of $41,700, a level not seen since April 2022. On Tuesday, Bitcoin reached $44,011, according to Cointelegraph Markets Pro and TradingView data. This takes BTC’s week-to-date gains to 10%.
In November, Binance founder Changpeng Zhao, better
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February 1, 2023
deVere has carried out a recent survey which revealed 82% of high net worth (HNW) clients – with between £1m and £5m of investable assets – have sought advice on crypto over the past year.
The cryptocurrency market registered its worst performance since 2018 last year, with Bitcoin, the world’s largest cryptocurrency by market cap, declining around 75% over the 12 months.
The price falls resulted from investors reducing exposure to risk-on assets, including stocks and
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September 15, 2022
The Ethereum Merge has happened. It’s here. And I believe it’s a landmark, historic moment for the cryptocurrency market as a whole.
This major network upgrade sees a move to a new operating model that will utilise 99.9% less energy and reduce supply of the world’s second largest cryptocurrency.
As I was quoted by CNBC, International Investment, Financial Mirror and Tech Round, amongst other media, The Merge has been years in the making and this overhaul of the most
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August 9, 2022
I believe Bitcoin will hit a new record high of $70,000 in 2022 as institutional investment increases.
This comes at a time when a major U.S.-based asset manager has joined forces with a crypto exchange to boost access to cryptocurrencies amongst institutional investors.
As I said to Forbes, Nasdaq, Advisorpedia and Zawya, amongst other media, interest in Bitcoin and crypto from institutional investors has soared over the past few months and is only set to
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August 19, 2021
Ethereum will keep outperforming Bitcoin this year and ultimately surpass its rival’s value.
Yes, I recognise it’s a bold prediction, but looking at the stats, Ethereum is up around 240% in 2021, compared to less than 38% for Bitcoin. In fact, ETH has outperformed all other benchmark assets in the first six months of the year.
As I was quoted by City AM and Cointelegraph, amongst other media, there are two principal reasons that are fuelling Ethereum’s performance this
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May 26, 2021
Banks and other financial institutions who are still not recognising major cryptocurrencies as a legitimate asset class are on the wrong side of history.
Over the last six months, Bitcoin and other digital currencies have had such an impressive run. So, when the crypto market shed over $1 trillion in a week after hitting record highs, a number of financial institutions have spoken out.
A period of consolidation and short-term correction isn’t surprising in
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February 25, 2021
Baby boomers and Generation X are really getting behind Bitcoin and other cryptocurrencies.
A recent deVere poll of our clients over the age of 55 revealed 70% are already invested in digital currencies or are planning to do so in 2021.
Following Bitcoin hitting fresh highs over $58,000 last weekend, and Ethereum racing past $2,000 for the first time, the crypto market has grabbed people’s attention across the globe.
And not just the so-called 'digital
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May 12, 2020
Monday saw the highly anticipated Bitcoin halving event take place, only the third in the history of the event.
These halvings happen every four years, and as of Monday’s 2020 halving, the number of new Bitcoins issued every 10 minutes dropped from 12.5 to 6.25. The halving happened on block 630,000.
This historic event has shown in two ways how secure Bitcoin’s long-term future is.
First, the Bitcoin price has been steadily increasing ahead of the halving event. Almost
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July 10, 2019
As I have been quoted as saying in Coin Telegraph amongst many other publications, cryptocurrencies like Bitcoin should play an important role in reforming and reviving the UK’s financial services sector after Brexit.
For the first time since the 2016 Brexit referendum, the UK economy has showed signs of contraction, driving speculation of a recession in Britain.
In addition, it also follows Bitcoin, the world’s largest cryptocurrency by market
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June 14, 2019
Bitcoin may well be on the brink of the next bull run, as the price on Wednesday surpassed the $8,000 barrier against the U.S. dollar following a period of low volatility.
Abandoning its characteristic volatility, Bitcoin has been oscillating within a $600 range for over a week. However, this all changed on Wednesday when the world’s largest cryptocurrency by market capitalisation advanced beyond the key $8,000 resistance level.
This could certainly be an indicator that
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January 8, 2019
2019 is set to be a year during which we’ll witness considerable expansion of the cryptocurrency market, predominantly driven by institutional investors being excited about enhanced regulatory clarity.
2019 is set to be a year during which we’ll witness considerable expansion of the cryptocurrency market, predominantly driven by institutional investors being excited about enhanced regulatory clarity.
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November 21, 2018
Volatility returns to the crypto market after quite some time, with leading cryptocurrencies Bitcoin and Ethereum, and others, in the red on Monday.
Indeed, the world’s largest cryptocurrency by market capitalisation, Bitcoin, has dropped in price by $1,400 in 12 days and gone under the $5,000 threshold for the first time since October last year.
Volatility returns to the crypto market after quite some time, with leading cryptocurrencies Bitcoin and Ethereum, and others, in the
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