Bitcoin plunges as FCA warns investors could lose all their money
World’s most popular cryptocurrency loses 20% in less than 24 hours amid volatile sell-off
World’s most popular cryptocurrency loses 20% in less than 24 hours amid volatile sell-off
Victims lost £10,000 on average in the ‘get rich quick’ con over June and July
Cryptocurrencies should be viewed critically from an environmental, social and governance (ESG) perspective, but the blockchain technology that underlies them could have positive applications for democracy and economic inclusion, according to a sustainable investments rating agency.
Bank of England governor Mark Carney has warned that cryptocurrencies are “failing” and called for them to be regulated to prevent illegal activities.
Bitcoin, ether and other digital currencies are to come under scrutiny in the UK after the Treasury Committee announced on Thursday it has launched an inquiry into digital currencies and the technology behind them.
Since the new year, the cryptocurrency bitcoin has faced extreme volatility, and last week, it suffered further setback. But is this just a temporary blip or could this be the end for bitcoin?
The FCA has issued a warning on the rise of fraudsters offering investments in binary options and cryptocurrencies, such as Bitcoin.
Jersey’s regulator and financial crime unit have warned of email threats to send hitmen to people’s homes unless they make a substantial payment in bitcoins.
The prospect of a US government shutdown has seen the pound climb to its highest level against the dollar since Brexit, while cryptocurrency Bitcoin continues to decline.
The world’s best-known cryptocurrency, bitcoin, has suffered yet another setback, tumbling to $13,635 (£10,069) on Tuesday.
Bitcoin fell 25% on Friday morning, just days after hitting a fresh high $20,000 (£14,948).
As Bitcoin surges to new heights, how can advisers manage enthusiastic clients’ fear of missing out (Fomo)?