News

June 15, 2021
deVere launches ‘green’ investment products on surging ESG demand premium
We’re very pleased to announce that deVere is now offering clients a fixed-yield note, with the proceeds allocated to the financing of projects with a clear and defined environmental benefit, such as reducing carbon emissions. This is predominantly due to surging interest on environmental, social and governance (ESG) investing, which we defined as decade’s ultimate megatrend. Last June we revealed that 26% of clients across the globe are considering Read More
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Nigel Green
June 10, 2021
El Salvador adopts Bitcoin as legal tender premium
Wednesday 9June was a momentous day for crypto. El Salvador became the first country in the world to adopt Bitcoin as official legal tender. The Legislative Assembly of El Salvador voted to pass a bill that declared Bitcoin as legal tender, as per the Communications Secretariat of the Presidency of the Republic of El Salvador, receiving 62 out of 84 votes. As I was quoted by Forbes, Yahoo News, City AM and Verdict, amongst others, although it is the first to adopt the Read More
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Nigel Green
June 8, 2021
NFTs – the next decade’s investment megatrend premium
NFTs, or non-fungible tokens, are set to become a crucial part of the tech investment megatrend of the next decade. This is despite declines in recent days of around 80% within the NFT market, from a peak of $102 million in NFT transactions in one day at the beginning of last month. NFTs are digital collectibles encoded onto a blockchain – the technology that underpins cryptocurrencies - that create a unique digital watermark proving ownership and the digital rights to that Read More
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Nigel Green
June 1, 2021
deVere launches exclusive product linked to Bitcoin and Ethereum moves premium
deVere is now able to offer clients a new and exclusive product linked to the movements of Bitcoin and Ethereum, due to soaring demand for cryptocurrencies. The fixed-yield bond tracks futures of Bitcoin and Ether on the Chicago Mercantile Exchange over a one-year maturity period. As I was quoted by Yahoo News and International Investment, amongst other media, I believe this structured note will be an incredibly popular addition to investors’ asset Read More
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Nigel Green
May 31, 2021
Vigilante investors could wind up ‘financially burned’ premium
A number of vigilante investors who are being driven into the social media frenzy to buy stocks of companies like AMC could find themselves financially burned. Last Thursday, AMC shares rose almost 40% as investors on the Reddit WallStreetBets board once again pushed the stock in an attempt to hit short sellers who bet against the theatre operator. This follows on from similar action that kicked off in January when activist investors on Reddit pumped other out-of-favour Read More
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Nigel Green
May 28, 2021
Scrapping the 15-year UK expat voting rule is ‘a major win for democracy’ premium
Britons who have lived overseas for over 15 years receiving the right to vote in UK general elections is a major win for democracy. The Elections Bill is set to abolish an “arbitrary” rule that, as it stands, means that people who have resided outside Britain for over 15 years lose their voting rights in a general election. According to official estimates, this will enfranchise over 3 million British expats. That said, this figure could be substantially Read More
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Nigel Green
May 26, 2021
Cryptocurrencies: Are some banks on the wrong side of history? premium
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 Read More
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Nigel Green
May 18, 2021
Demand for multicurrency cards and apps soars as Covid curbs are eased premium
Pent-up demand for international travel has seen a significant spike in demand for multi-currency cards and e-money apps. We’ve reported a month-on-month rise of 72% in enquiries for our pioneering global e-money app and multi-currency card deVere Vault, ahead of the summer season. Of course, we always see an uptick ahead of the peak holiday season. However, following a year of coronavirus restrictions, the urge to go on holiday is bigger than ever, and Read More
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Nigel Green
May 14, 2021
My journey as a CEO of deVere Group premium
I’m a firm believer that knowledge is power and to become the best version of yourself, you need to constantly learn even if people think you’re not smart enough. This idea helped me to always push forward no matter the challenges I am faced with, which led me to create one of the world’s leading independent financial advisory and fintech organisations. It all started after I had the opportunity to go on a business trip to Bermuda. I realised there was a market gap to Read More
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Nigel Green
May 14, 2021
Elon Musk’s Bitcoin U-turn – just a PR stunt? premium
Tesla boss Elon Musk’s about turn regarding Bitcoin on Twitter is likely nothing more than a PR stunt. Musk’s announcement that the electric vehicle company is halting sales of cars using Bitcoin due to the environmental impact of mining that cryptocurrency, sent prices tumbling. We’re once again seeing the influential billionaire CEO take to Twitter, this time to unveil a major U-turn. As I was quoted by Yahoo Finance, Business Insider and others, and also talk about Read More
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Nigel Green
May 12, 2021
Investors should see the global sell-off as a wake-up call premium
Inflation worries rattling stock markets across the globe should be used by investors as a reality check. On Tuesday we saw the pan-European Stoxx 600 index drop 2.3% and London’s FTSE 100 fall 2.4%. European losses followed on from the Asia Pacific region, with Hong Kong’s Hang Seng closing more than 2% lower and Japan’s Nikkei 225 ending the Tokyo trading session having lost more than 3%. In addition, U.S. futures were down across the board ahead of the opening bell Read More
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Nigel Green
May 3, 2021
Will Ethereum hit a record high of $5,000 in seven days? premium
The price of Ethereum will likely hit $5,000 over the coming seven days as the world’s second largest cryptocurrency after Bitcoin reaches record highs. On Monday Ether – the token transacted on the Ethereum blockchain – surpassed $3,000 for the first time. So far in 2021, Ether is up more than 300%, far exceeding the 95% rise in Bitcoin. Ether has been one of the main beneficiaries of the crypto market boom. Over the past few months, this boom has been driven by Read More
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Nigel Green