News

October 19, 2021
The crypto investors of today are tomorrow’s Masters of the Metaverse premium
As Facebook unveils plans to hire 10,000 people in the EU to develop a so-called ‘metaverse’, I believe we’ll see today’s crypto investors being the “Masters of the Metaverse”, which will potentially alter how we live, interact and do business. According to a Facebook blog, “the metaverse could unlock access to new creative, social and economic opportunities.” So, what is the metaverse? It provides a virtual parallel to physical reality where Read More
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Nigel Green
October 5, 2021
Is Bitcoin on track to hit $100,000 by the end of the year? premium
Bitcoin,I believe, may well hit record highs of $100,000 by the end of this year due to five key issues fuelling momentum. At the end of last week Bitcoin rose close to 10.8% to hit $47,800 on Saturday. I said last month that we can fully expect the world’s largest cryptocurrency to hit, or perhaps even exceed, its mid-April record high of $65,000 by the end of this year. Yet now I think if the current price momentum carries on, we may see Bitcoin hit the $100,000 mark. To my Read More
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Nigel Green
September 29, 2021
deVere appoints first Chief Diversity Officer: Beverley Yeomans premium
I’m thrilled to announce that we, as a company, have appointed Beverley Yeomans as its inaugural Chief Diversity Officer (CDO). Beverley, who is also our Chief Operating Officer (COO), takes up the additional role with immediate effect. This news comes as we double down on our commitment to making our globe-spanning organisation even more inclusive, diverse and equitable. To ensure that this critical commitment is successful, we needed someone who knows Read More
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Nigel Green
September 23, 2021
deVere joins financial powerhouses as founding member of new Net Zero initiative premium
We’re delighted to announce that deVere Group has joined global financial powerhouses in becoming a founding member of a new international alliance that will help accelerate the transition to a net zero financial system. We’re teaming up with the world's two largest credit rating agencies, six major audit networks, three leading index providers, and two global stock exchanges, to launching the Net Zero Financial Services Providers Alliance. The Net Zero Read More
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Nigel Green
September 9, 2021
deVere Acuma named Best Advisory and Fintech company in UAE premium
deVere Acuma has been named Best Financial Advisory Company UAE 2021 and Best Fintech Company UAE 2021 in this year’s prestigious International Business Magazine Awards. What an achievement! According to International Business Magazine: “Our awards are structured to spearhead the corporate players who have been known to showcase their extraordinary power to lead from the front, and honouring those who strive harder for achieving supreme quality-backed services, Read More
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Nigel Green
September 7, 2021
History in the making as El Salvador adopts Bitcoin as legal tender premium
As El Salvador becomes the first country in the world to make Bitcoin official legal tender on Tuesday, I will explain to BBC News tomorrow why it could help boost the country’s economic growth and jobs. The smallest country in Central America will adopt the world’s largest cryptocurrency by market cap as national currency alongside the U.S. dollar. As it stands, outside of the U.S. and its territories, there are seven other sovereign nations using the Read More
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Nigel Green
September 6, 2021
SEC is correct: crypto needs regulations premium
The chair of the U.S. Securities and Exchange Commission (SEC) is, we believe, right that crypto trading platforms should be regulated. The Financial Times published an interview with Gary Gensler last week, in which he said although he was “technology neutral”, crypto assets were no different than any others in terms of investor protection, guarding against illicit activity and maintaining financial stability. Gensler’s stance on cryptocurrencies should be welcomed. With Read More
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Nigel Green
September 6, 2021
NFT market will double within a year premium
I’m confident that the booming NFT (non-fungible token) market will more than double in sales in a year as major investors continue to join the market. Recent examples over the last week include Visa purchasing “CryptoPunk,” one of the thousands of NFT-based digital avatars, for close to $150,000 in Ethereum, and Marvel Entertainment unveiling its first official NFTs in the form of Spider-Man ‘digital statues.’ NFTs are unique digital assets designed to represent Read More
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Nigel Green
August 19, 2021
Ethereum’s rise to the top seems unstoppable premium
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 Read More
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Nigel Green
July 23, 2021
Bitcoin will reach all-time highs again in 2021 premium
Bitcoin will return to its previous all-time highs by the end of this year, driven up by the recent comments on cryptocurrencies from Elon Musk, Jack Dorsey and Cathie Wood at the The B Word Conference earlier this week. Tesla and Space X founder Elon Musk, Twitter founder Jack Dorsey, and Ark Investment’s Cathie Wood all talked about the massive future potential of Bitcoin – the world’s largest cryptocurrency – at this virtual event. In fact, following their comments, Read More
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Nigel Green
June 24, 2021
Crypto Crash: Crypto-haters are wrong premium
Bitcoin and other digital currencies experienced a major sell-off this week following the crackdown by China. However, the crypto cynics should not rebuff cryptocurrencies. It’s been something of a turbulent week for crypto. Around $400 billion has been wiped off the total digital currency market since last Friday, when a key Bitcoin mining hub instructed miners to cease operations. This followed reports that the People’s Bank of China ordered banks to freeze all payment Read More
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Nigel Green
June 21, 2021
Treasury eyes pensions raid, savers unaware premium
Taxes on pension contributions could increase in autumn as part of spending plans being considered by the Treasury. As such, pension savers should act now to reduce the financial impact of a possible stinging, stealthy raid on their pensions. It was announced on Monday by The Daily Telegraph that “well-placed sources” are considering various ways of raising funds to pay for the coronavirus pandemic, and are devising plans to alter the way pension contributions are Read More
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Nigel Green