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
Investors who rebuff NFTs are naïve in thinking they are a passing craze.
The new digital asset class is taking the art, fashion, music and sports worlds by storm.
NFTs are one-off digital assets verified through blockchain tech, providing owners with authenticity and ownership certificates. They generate unique, non-interchangeable digital tokens, and are able to be bought and sold just like other assets or property, without having a quantifiable physical form.
We’re now Read More
Ireland should push back against a minimum global corporation tax rate that may become a masterclass in the law of unintended consequences.
As Paschal Donohoe, Ireland’s finance minister indicates, the country will resist attempts to amend the global tax system.
Following several years of talks with the Organisation for Economic Co-operation and Development (OECD) and around 140 countries, its now says it hopes to reach an agreement by the middle of this Read More
Pax Gold (PAXG) has now been added to deVere Crypto.
The gold-backed digital asset joins the likes of Bitcoin, Ethereum, Dash, Cardano, Bitcoin Cash, XRP and Dogecoin on our app, which we launched back in 2018, on which users can buy, sell, hold and exchange major cryptocurrencies.
Every PAXG token is backed by a piece of London Good Delivery gold bar, held in Brink’s gold vaults, the approved storage company of the London Bullion Market Association.
Completely backed by Read More
Today is a huge day for Bitcoin and crypto as the largest cryptocurrency exchange in the U.S., Coinbase, gets ready for its IPO.
During an interview with BBC News on Wednesday morning, I talked about how Coinbase’s direct listing really is a momentous day for the cryptoverse.
Under the symbol COIN, Coinbase is launching its IPO on the Nasdaq today, and should it reach its $100 billion private market valuation, it would straight away become one of the 85 Read More
Elon Musk may have democratised the stock market, but to grow your wealth you need to channel Elon’s cool together with Warren Buffett’s savvy.
The skyrocketing day-trading trend, headed up by activist investors on social media and online platforms, looks to be waning.
These so-called ‘meme stocks’ increased astronomically on such small-scale investment, yet now platforms are reporting the movement is ‘flatlining’.
Q1 this year was a mad ride Read More
The recent full decentralization of the cryptocurrency Cardano will drive up its appeal and price, making it better placed to compete with rivals Bitcoin and Ethereum.
The price of Cardano has skyrocketed over the last few months, rising around 600% since the start of the year, to become the third largest cryptocurrency by market cap, just trailing Bitcoin and Ethereum.
Yet now, Cardano has come of age by becoming totally decentralized, with its parent Read More
The price of Bitcoin has pulled back slightly after reaching record highs of over $61,000 earlier in March.
Since the rally got underway in October, Bitcoin’s price is up almost 500%.
Yet, as I was quoted by the Daily Mail, amongst other media, this a drop in the price will spark a rise in institutional investment, which will permanently drive up the price.
Indeed, for the past five months, the world’s largest cryptocurrency has enjoyed an impressive Read More
deVere recently carried out a survey which showed that seven out of 10 people will not splurge any excess savings they accrued over the pandemic.
We asked clients located in in North America, the UK, Asia, Africa, the Middle East, East Asia, Australasia and Latin America: ‘Are you likely to spend the majority of the extra money you have managed to save over the last 12 months?’ 72% responded ‘no’. 16% said ‘yes’ and 12% ‘did not Read More
With Bitcoin hitting yet another record high over the weekend, as we predicted, financial watchdogs must prioritise crypto regulation.
Bitcoin, the largest cryptocurrency by market cap, reached an all-time high, exceeding $61,000 on the deVere Crypto exchange on Sunday for the first time.
As it stands, whether the crypto sceptics like it or not, we cannot get away from the fact that Bitcoin is becoming an ever more important part of the global financial Read More
It was a great honour to be told that I have won a CEO Today Global Award 2021!
On behalf of my deVere colleagues around the world, I thank CEO Today for this award. It’s the dedication, expertise and excellence of our teams across the globe that earned this honour for our company.
I thank all of them for the work they do. Together we help provide more and more people than ever create a strong financial future for themselves and their families.
“Having interviewed Read More
Now is the time for investors to top up their portfolios in both value and growth stocks ahead of a stronger than forecast global economic rebound.
As the Dow Jones rallied to a record intraday high on Monday and European markets rallied, with Germany’s DAX reaching a new intraday high, the first half of this year is certainly going to be very different for the markets compared to 2020.
This time last year, fear and uncertainty surrounding the pandemic was Read More