Lord Cruddas’ CMC Markets takes control of blockchain firm May 7, 2025 CMC Markets, the firm founded by Conservative Peer Lord Peter Cruddas, announced on Wednesday it had acquired a majority stake in StrikeX Technologies. The London-based trading firm upped its holding in the blockchain firm to 51 per cent from 33 per cent previously. Shares in CMC Markets were up 0.3 per cent in midday trading [...]
Argo Blockchain shares tumble as it prepares to suspend trading amid widening losses April 30, 2025 Argo Blockchain has seen its stock tumble as it prepares to suspend trading of its shares over issues with its accounts as it posted widening losses. The crypto miner’s shares fell as much as 25 per cent as it conceded it had failed to finalise its accounts by the deadline required by London listing rules, [...]
UK bitcoin investors suffer as dollar dwindles April 23, 2025 UK investors in bitcoin and other cryptocurrencies have seen their returns eaten away as the value of the US dollar continues to fall against the pound. Bitcoin’s rally in recent days has pushed its price up to $94,000, meaning that it has returned 0.4 per cent since the start of 2025. However, this is only [...]
Could Trump’s tariff war turn crypto into a safe-haven asset? April 11, 2025 As trade tensions reignite under Trump’s wavering tariff announcements, global markets are once again bracing for volatility. The US President’s announcement of his ‘reciprocal’ tariffs last week triggered market chaos. His surprise move, expanding and intensifying tariffs on a wide range of imports, shook equities, manufacturing and commodities alike. But in the world of crypto [...]
Bitcoin plummets as chaos of Trump’s tariffs spread to crypto April 7, 2025 The chaos of Trump's tariffs has spread across Bitcoin and the cryptocurrency market, with digital assets taking a hit.
New tax rules set to hit crypto in 2025 March 28, 2025 As the UK tightens the screws on cryptocurrency taxation, investors and policymakers find themselves at odds over the future of digital finance. From April, around 12 per cent of UK crypto holders could face a hefty 24 per cent capital gains tax (CGT) rate – part of a broader tax squeeze that some argue is [...]
In the dumps: Man with £769m of bitcoin in landfill has appeal rejected March 14, 2025 James Howells, the man who claims to have lost £769m worth of bitcoin in a Welsh landfill, has had his appeal thrown out by the second-highest court in the land – and has now resolved to take his case to the European Court of Human Rights. Howells, who lost 8,000 coins of the cryptocurrency after [...]
Crypto fraud surges after Donald Trump’s re-election February 13, 2025 Crypto platforms have been warned the industry is at a “critical juncture” after a Sumsub report showed a spike in fraud cases. The verification platform’s State of the Crypto Industry 2025 said fraud cases were up 48 per cent, with document forgery making up 31 per cent of detected cases in the last year. Following [...]
Bitpanda set to shake up UK crypto market after FCA approval February 12, 2025 European crypto platform Bitpanda is set to expand operations across the UK following approval from the City regulator. The Financial Conduct Authority (FCA) has permitted Bitpanda to bring its suite of 500 cryptocurrencies to the UK market. Bitpanda’s entry adds to the increasing pressures across traditional banks as they face competition from the modern abilities [...]
The UK is at a crypto crossroads February 8, 2025 With both the US and EU poised to introduce regulatory regimes for crypto, the UK must urgently establish itself as a hub for innovation, says John Glen During my years in the Treasury, I saw firsthand the transformative power of technology in shaping our economy, and I also witnessed the state building barriers to emerging [...]