Below you'll find a list of all posts that have been categorized as “FinTech”
Bitcoin has tumbled by over 20%, heading down to the $50,000 per coin level, during a broader sell-off of the cryptocurrency market. Crypto speculators are already well versed in extreme levels of price volatility, a feature that sets crypto assets apart from mainstream investments. Early on Tuesday morning, Bitcoin was trading at $51,532. One factor influencing the price fall was …
A golden rule of investing is you never borrow money to invest. This practice, known as leverage or gearing, involves using borrowed money to boost the returns from an investment. Leverage also boosts the risks involved, as losses are magnified too. A new study has found that almost two-thirds of cryptocurrency speculators have borrowed money to make their purchases. The …
One of the riskiest forms of investment currently available to UK investors is facing a regulatory ban.
Under new proposals from the Financial Conduct Authority (FCA), the sale of derivatives and exchange-traded notes (ETNs) which reference cryptocurrencies would be banned from sale to retail investors.
The future of cash in society is a hot topic, with changes to our shopping habits and advances in payment technology both spelling danger to coins and notes. Until recently, the future of 1p and 2p coins was in doubt. HM Treasury has quashed fears of their removal from circulation, saying they will still be used “for years to come”. …
