Bitcoin slumps 10% to a ten-day low, amid fears of tighter regulation

Bitcoin slumps 10% to a ten-day low, amid fears Biden’s administration will bring in tighter regulation By Daily Mail City & Finance Reporter Published: 21:50 GMT, 21 January 2021 | Updated: 21:50 GMT, 21 January 2021 Bitcoin slumped 10 per cent to a ten-day low, retreating further from record highs, with traders citing fears of … Read more

The winners (and literal losers) from the bitcoin boom

Chris Sedgwick, from Yorkshire, has made a 3,650% return on bitcoin he bought in 2015 Chris Sedgwick’s half-a-decade brush with bitcoin has involved, among other things, a Tesco meal deal now worth £210, a Skoda Octavia, and the near collapse of the global banking system. The cyber security professional from Yorkshire, in his mid-30s, first bought … Read more

$500K in Bitcoin sent from France to US far-right groups

A French computer programmer transferred more than $500,000 in Bitcoin to far-right activists just before his death last month, including some involved in last week’s U.S. Capitol riot, officials said Friday. The 35-year-old Frenchman scheduled an alleged suicide note to post on his personal blog the next day and his December 8 death was confirmed … Read more

Bitcoin bubble: Is this hugely-inflated market about to burst? 

Bitcoin bubble: Can you bank on the cryptocurrency? Or is this hugely-inflated market about to burst? Bitcoin lets users to trade digital ‘coins’ with worth determined by purchasers Those with access to a computer or smartphone can buy bitcoin via an exchange The FCA says savers should be prepared to lose all the money they … Read more

Beyond Bitcoin: Number two crypto Ethereum is climbing faster and has given rise to ‘DeFi’

The world of cryptocurrency is dominated by the entity which started it all; Bitcoin. It is the oldest, most valuable, and best known digital currency by a distance.  The number two by all these measures is Ethereum. Its value has actually risen faster in recent times but it does not receive anywhere near the same … Read more

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

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