It’s likely that we’ll see the price of Bitcoin continue to increase until the coronavirus reaches a peak.
The price of the world’s largest cryptocurrency by market cap gained over 10 per cent in a week and is also up 30 per cent since the end of last year. This makes 2020 the best start to year for Bitcoin in eight years.
Up to now, there have been 17,335 confirmed cases of the coronavirus with a death toll of 362. The epicentre of the virus outbreak is still mainland Read More
deVere Group has been named winner in the Finance Monthly FinTech Awards 2020!
What an honour!
As we are seeing, fintech is profoundly changing the way we access, manage and use money, and the changes are coming quicker than ever before due to improving technologies and growing demand.
In regard to these prestigious FinTech Awards, Finance Monthly states: “Our key goal is to reward those firms and advisers who have demonstrated peerless accomplishments within their Read More
As it stands, coronavirus is the biggest threat to financial markets.
With the death toll rising to 106, the number of confirmed cases of the Sars-like virus has reached more than 4,500.
On Monday, the composite European Stoxx 600 fell 1.7% at the open, London’s FTSE 100 declined 1.6%, while Germany’s Dax fell 1.7%. Elsewhere in Asia, the Shanghai Composite fell 2.7%, the Hong Kong Hang Seng lost 1.1%, and Japan’s Nikkei dropped 2%.
As I was quoted by The New York Read More
Entrepreneurs: ‘The reason behind their success is they use that fear of failure to work harder and smarter and if for some reason it doesn’t work out the first time, they make it happen in the next’ – Insights Success Magazine.
Insights Success Magazine has announced ‘The 10 Most Successful Entrepreneurs to Follow 2020’ and I am immensely proud to be among them.
According to the website, Insights Success is the “Best Business Magazine across Read More
Is the end in sight to the U.S.-China trade dispute? I ask the question tentatively, but China did spark hopes that a deal may be reached after agreeing with Washington to cut back on certain tariffs.
There has been an ongoing argument relating to the trade war, with some saying China was hanging on, focusing on the long game and waiting for Donald Trump to leave office before dealing with another administration.
However, whilst this view may have held up Read More
A UK general election looks on the cards, in essence a second Brexit referendum, so it’s imperative that investors in the UK and internationally take action now to ‘election-proof’ their finances.
Following the Prime Minister pausing his Brexit bill on Tuesday, after MPs rebuffed his timetable to pass through the House of Commons in three days, the EU’s decision on whether to grant a further Brexit extension is due on Friday.
If this is the case, the Read More
deVere Acuma has been named Financial Advisory of the Year UAE 2019 in the International Investor Business Awards 2019.
What an honour it is and is testament to the handwork and commitment of our teams across the UAE.
International Investor Magazine is an online publication that provides insights, news and visual informative pieces with subjects ranging from world markets, investing opportunities and industry analysis amongst many other topics. All content is dedicated to the Read More
Bitcoin will likely receive a price boost by the U.S. Federal Reserve today.
During the U.S. central bank’s meeting on Wednesday it is highly likely it will slash interest rates by perhaps a quarter of a percentage point.
This follows the July rate cut, the first one in a decade, due to the trade war tensions with China.
As such, and as I talk about in this video, Bitcoin – the world’s largest cryptocurrency by market capitalisation - will likely break out of its Read More
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 Read More
A global poll recently undertaken by deVere has revealed over half of banking and financial customers across the globe use fintech products and services.
55 per cent of the 883 people surveyed, from the UK, Europe, Asia, Africa, Latin America and Australasia ‘regularly use financial technology to access and manage their money.’
Even looking back two or three years, that figure would have been substantially lower. The fact that 55 per cent of people polled regularly use Read More
This year’s CEO Monthly awards have been announced and I’m delighted to say I won the accolade: Business Elite 2019 Most Influential CEO of the Year, 2019 – International
I am incredibly honoured to receive this award from such a prestigious publication and to be recognised for my work and dedication to the financial services industry.
However, as I say regularly, I couldn’t do it alone!
This latest award is also for the amazing teams at deVere Read More
Wealthy Brits and rich international investors are more fearful of a Corbyn government than they are of Brexit, with a growing number of them contemplating moving their wealth overseas.
Indeed, since the start of 2019 an increasing number of deVere clients have been telling our advisers that they fear the harmful effects of a Jeremy Corbyn-led government more so than Brexit, in regard to their wealth.
As deVere’s international investment strategist, Tom Read More