Morning news: Midterms wake and new cryptowobble
A look at the day ahead in US and global markets from Mike Dolan. Tuesday’s mid-term elections in the United States kept world markets in suspense,...
Tagged: GB
Cryptoverse: Bitcoin wants to break the bond with stocks
Nov 1 (Reuters) – After months of tears and tantrums, bitcoin wants to split with the stock markets. The cryptocurrency, which has been closely correlated with...
Cryptoverse: British Pound Fiasco Boosts Bitcoin’s Hedging Appeal
Oct 25 (Reuters) – As a developed nation, you know your currency is in trouble when investors start hedging on bitcoin. After Britain’s short-lived Prime Minister...
Damien Hirst burns artwork after collectors opt for his NFTs instead
LONDON, Oct 11 (Reuters) – Britain’s Damien Hirst began burning hundreds of his artworks on Tuesday after collectors opted to keep their non-fungible tokens (NFTs), blockchain-based...
UK watchdog rejects criticism over crypto authorizations
LONDON, Sept 29 (Reuters) – Crypto companies were undeterred by the initial failure to obtain licenses to operate in Britain and submitted new applications, the Financial...
Bitcoin-sterling volumes surge to record highs as UK currency flounders
LONDON, Sept 28 (Reuters) – Trading volumes between the British pound and cryptocurrency bitcoin rose to a record high after the pound fell on Monday, according...
Bitcoin-sterling volumes surge to record highs as UK currency flounders
LONDON, Sept 28 (Reuters) – Trading volumes between the British pound and cryptocurrency bitcoin rose to a record high after the pound fell on Monday, according...
Bitcoin mining struggles to go green, research shows
A representation of the virtual cryptocurrency Bitcoin is seen in this photo illustration taken October 18, 2021. REUTERS/Edgar Su Register now for FREE unlimited access to...
What crisis? High-stakes crypto lending looks set to stay
LONDON/WASHINGTON, Sept 21 (Reuters) – On May 11, Scott Odell, an analyst at UK crypto lender Blockchain.com, sent a direct message to Edward Zhao of Three...
US SEC’s crypto guidelines raise costs for lenders, disrupting projects
WASHINGTON, Sept 16 (Reuters) – Banks’ cryptocurrency projects have been upstaged by U.S. Securities and Exchange Commission (SEC) accounting guidance that would make it too capital...