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

Is Bitcoin the new safe haven or heading for another crash?

In these strangest of times it shouldn’t come as a surprise that one of the biggest investment winners has nothing to do with real money. It is ‘cryptocurrency’ Bitcoin. But investment experts are divided over whether its recent surge in price can be sustained. While some, such as asset manager Ruffer, have embraced it within … 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

Year of the Bitcoin boom: Cryptocurrency beat shares AND gold in 2020

Bitcoin is set to finish the year with a bang, having surged more than 300 per cent in 2020. The world’s most popular cryptocurrency added 3 per cent yesterday to $28,599 (£21,014), having broken through the $20,000 mark for the first time in mid-December. It is a rapid turnaround for bitcoin, which has been branded … Read more

Bitcoin arrives at 16,000 ATM machines across the UK

Bitcoin coming to a cash machine near you: 16,000 ATMs across Britain to offer exchange of the cryptocurrency via an app Crypto firm BitcoinPoint has struck a deal with cash machine operator Cashzone Bitcoin holders can now sell their Bitcoin at 16,000 ATMs across the country  They need to register with an app and can … Read more

ASK TONY: I was conned out of £12,500 by Bitcoin boiler-room scam 

You must get plenty of letters about older people being scammed out of their money by shysters. Unfortunately, I am a stupid woman who has been conned out of £12,500. Only when I asked my husband for more money did the scam, which started with a phone call, come to light.  The first £1,000 was … Read more