Christine Lagarde demands action on bitcoin ‘funny business’

Christine Lagarde demands action on bitcoin ‘funny business’ days after the UK’s City watchdog issues warning around the cryptocurrency By City & Finance Reporter for the Daily Mail Published: 21:41 GMT, 13 January 2021 | Updated: 21:41 GMT, 13 January 2021 Christine Lagarde has become the latest prominent figure to blast bitcoin Christine Lagarde has … Read more

Watchdog warns why Bitcoin and other  cryptocurrencies are a risk

‘Only invest money you can afford to lose’: Watchdog warns why Bitcoin and other cryptocurrencies are a risk after price plummets 21% in two days Despite high prices, cryptoassets are not linked to any underlying commodity  They largely fall outside financial regulation and prices are volatile  The FCA has launched an anti-money laundering register for … Read more

Man has 2 password guesses left before access to $220m Bitcoin LOCKS

Stefan Thomas holds an estimated $220 million worth of Bitcoin in one digital wallet but can’t remember his password A computer programmer is locked out of a digital wallet containing an estimated $220 million worth of Bitcoin with only two chances left to figure out his password before its contents are encrypted and placed out … Read more

Bitcoin value plunges 22% as $200BN wiped off cryptocurrency market

$200 BILLION wiped off cryptocurrency market in 24 hours as bitcoin value plunges by 22% – but experts say it’s a much-needed reset to avoid ‘the mother of all bubbles’ Cryptocurrency bitcoin surged to all-time high of nearly $42,000 on Friday, only to drop to $31,000 on Monday, wiping $200billion off cryptocurrency market But experts … Read more

$200 BILLION wiped off cryptocurrency market in 24 hours as Bitcoin value plunges by 22%

$200 BILLION wiped off cryptocurrency market in 24 hours as bitcoin value plunges by 22% – but experts say it’s a much-needed reset to avoid ‘the mother of all bubbles’ Cryptocurrency bitcoin surged to all-time high of nearly $42,000 on Friday, only to drop to $31,000 on Monday, wiping $200billion off cryptocurrency market But experts … Read more

SMALL CAP MOVERS: Argo Blockchain lifted by Bitcoin surge

Argo Blockchain has been one of the winners in the recent Bitcoin rally, having rocketed 218 per cent to 107p in the first week of trading in 2021. The cryptocurrency miner, which started 2020 changing hands for 6p, broke records with trading volumes and new user numbers surging over 1,500 per cent and 500 per … Read more

MARKET REPORT: No stopping the Bitcoin boom as it smashes $40k

Bitcoin has smashed through the $40,000 mark after another day of stellar gains. The controversial cryptocurrency, whose value is now gaining another $10,000 every few weeks, hit $40,427 yesterday evening. Investors have piled into the digital currency in droves over recent months as they try to capitalise on its meteoric rise. Controversial cryptocurrency Bitcoin, whose … Read more

Is it too late (or too risky) to join the Bitcoin bandwagon?

Controversial cryptocurrency Bitcoin has wildly outperformed the stock market, the dollar and even gold As the old adage has it, it’s an ill wind that blows no good.  While the pandemic has led to almost two million deaths globally, the loss of countless jobs and seen a terrible toll in mental health, not everyone has had … Read more

Bitcoin continues meteoric rise, soaring above $30,000

Bitcoin continues meteoric rise, soaring above $30,000 for first time less than three weeks after smashing through $20,000 mark By Daily Mail City & Finance Reporter Published: 21:54 GMT, 3 January 2021 | Updated: 21:54 GMT, 3 January 2021 Bitcoin has continued its meteoric rise, soaring above $30,000 for the first time less than three … Read more

Bitcoin? ‘It’s God’s way of telling us there’s too much money’

Bitcoin? ‘It’s God’s way of telling us there’s too much money’, says expert as gold remains safe haven of choice Gold finished last year at £1,382 a troy ounce, 19% higher than it started 2020  Experts forecast its price will rise this year as interest rates remain at record lows Purchases will be driven in part … Read more