Bitcoin has reached a long-awaited milestone, rising above $100,000 (c. £78,000) for the first time in its history. The cryptocurrency traded above the $100,000 mark on Wednesday night, and continued to trade in six-figure territory for half a day, into Thursday, when it dropped back under $10
Bitcoin
Bitcoin has surged above $80,000 (c. £62,000) for the first time, following last week's US election result. This follows US President-elect Donald Trump's campaign promises to make the US "the crypto capital of the planet" by creating a strategic bitcoin reserve and appointing crypto-friendly
BRULO, an independent Scottish brewery crafting alcohol-free beers, has launched a 'Bitcoin Beer' to mark its adoption of a bitcoin strategy, as it adds Bitcoin to its balance sheet ahead of this week’s Bitcoin halving event. Inspired by the rise of Bitcoin as a digital asset, BRULO has seized
The Financial Conduct Authority (FCA), has softened its stance on digital assets, allowing the listing of Bitcoin and Ethereum-backed exchange-traded notes (ETNs) on the London Stock Exchange for professional investors from April.
In recent financial developments, gold prices soared to a record high of $2,135.40 (around £1,690) an ounce, spurred by the anticipation of lower global borrowing costs, a weakening US dollar, and expectations of loosening global monetary policies.
Analysts at JP Morgan have suggested Bitcoin could fall to $13,000 (£11,040) amid the recent market instability. After this week's collapse of FTX, which was one the largest bitcoin exchanges by volume often handling over $1 billion (£850 million) in daily transactions, the cryptocu
Cryptocurrency markets have lost significant value in recent weeks as the total market dropped below $1 trillion (£867 billion). The losses come as the two main digital currencies, Bitcoin and Ethereum, have taken heavy losses, dropping 5.9% to $18,720 and 9.2% to $1,514 respectively. This is
Cryptocurrency Bitcoin has reached a new record, passing the $50,000 mark yesterday hitting $50,487.78.
The number of Bitcoin ATMs jumped by almost 70% year-on-year, reaching more than 7,500 in April, according to the latest data gathered by Finanso.se.
Stuart Gillies, an associate at CMS, wrote for The Scotsman, on how the burgeoning Fintech industry is set to plunge the corporate world into a tech-driven revolution. Fintech, the use of technology in the delivery of financial services, is thriving. Companies and products such as Monzo and App
Craig Wright, who claims to have invented Bitcoin, has been ordered to pay $5 billion to his alleged former business partner.
Lloyds Banking Group has introduced a ban on buying Bitcoin with credit cards, affecting customers of Bank of Scotland, Lloyds Bank, Halifax and MBNA. The move has reportedly been sparked by fears that the continued fall in the price of Bitcoin could leave customers in serious and unsustainable debt