Crypto
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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September 12, 2022
I’m honoured to have been appointed to the National Innovation Agency (a public agency) of Thailand, an organisation on innovation promotion, set up to boost the country’s innovation performance on a global scale.
The organisation has launched an International Advisory Board (IAB), a top-level committee offering international perspectives and visions on the future of innovation.
Senior Innovation Strategist, Salin Deosurin described the committee as a “panel of selective
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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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SEC labels Bitcoin a commodity
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Regulation of the crypto market has taken a crucial move forward following comments made earlier this week by the U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler.
During an interview with CNBC, Gensler said Bitcoin should now be labelled as a commodity.
As I was quoted by Investor Ideas, Mena FN, Share Wise, StockHead and Biz Community, amongst others, the SEC Chairman’s comments have cleared up years of debate. Bitcoin is now viewed as a commodity by one of the most influential regulators in the world, just like gold, and not a
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June 22, 2022
Following reports of a number of major crypto companies struggling during the current volatility, they need to stop making avoidable mistakes that undermine the industry, lead to financial chaos for investors and job losses for workers.
So far this year Bitcoin has lost around 57% of its value, falling under the $20,000 mark last weekend for the first time since December 2020.
As I was quoted by Value Walk, Financial Investor, Invest Macro and Business
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June 7, 2022
Expect Bitcoin ‘to fly’ in Q4!
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With the Bitcoin price recovery now in play, I believe we’ll see an imminent bull run which will result in a significant bounce this summer.
The world’s largest cryptocurrency finally brought an end to its longest weekly losing streak on record. Indeed, Bitcoin ended last week at $29,900, which was $450 higher than the previous Sunday, after grappling to find support over the weekend.
As I was quoted by Forbes and Investing.com, amongst other media, I think this is a great
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April 12, 2022
Bitcoin will rally from the latest cryptocurrency crash to hit a new record high of $75,000 by the end of this year.
That’s my latest prediction, even as Bitcoin’s price declined under the $40k mark a number of times on Monday, impacting the wider crypto sector.
The total crypto market is down $1.89 trillion currently, an 11% fall compared to last week.
What we’ve seen is Bitcoin briefly falling under $40,000, tracking losses in global equities. The correlation with
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March 30, 2022
As Bitcoin hit its highest level since the beginning of the year earlier this week, the latest price run will be fuelled by the Fear Of Missing Out (FOMO) and fundamentals.
The world’s largest cryptocurrency by market cap has risen close to 25% over the past 10 days, surpassing the $35,000-$45,000 range it’s been in since January. Indeed, BTC is moving ever closer to the all-important $50,000 mark.
As I was quoted by Forbes, Yahoo News, Financial Mirror, Tech Telegraph and
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March 10, 2022
President Biden’s executive order on crypto shows the true value of Bitcoin and digital money.
Issued on Wednesday, the executive order directs the Justice Department, Treasury and other departments to study the legal and economic repercussions of creating a U.S. central bank digital currency (CBDC) and overseeing the crypto market.
Previously, U.S. Treasury Secretary Janet Yellen inadvertently published details prematurely of how the Treasury is planning to respond to the
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March 8, 2022
deVere Crypto will not introduce a blanket ban on Russians using the platform, unlike one of our major rivals, which is blocking 25,000 crypto addresses linked to Russians.
We’ve heard news recently regarding concerns that cryptocurrencies will be utilised to sidestep sanctions, with a few hundred named Russians on the global sanctions list, which, of course, we stringently adhere to.
Yet we’re not going to implement a blanket ban on innocent Russian citizens, many of whom
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March 1, 2022
The price of Bitcoin may likely reach $50,000 before the end of March due to mounting geopolitical tensions and growing institutional investments.
Over the past 24 hours we’ve seen the world’s largest cryptocurrency surge by over $6,000 to surpass the $44,000 mark – the steepest daily rise since February last year.
As such, I can’t see any reason why the price momentum should weaken, so I believe Bitcoin will hit $50,000 by the end of March.
Of course, it’s still
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