Given cryptocurrencies like bitcoin can see their value swing by as much as 15 per cent in 48 hours, it might be sage advice to transfer any gains into something more concrete. Rich Whitehurst, 37, from Stoke-on-Trent, might have taken that advice literally. After quadrupling an investment of around £240 in around 60 days during … Read more
‘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
Back in 2018, This is Money received an e-mail from a reader which started: ‘You need to have a section dedicated to crypto technology and currencies. ‘This is now a market exploding with ICOs, new currencies daily, technological advancements and a market worth over $550billion. ‘The technology is the biggest technological leap since the founding … Read more