London | Crypto Profit Bot

Kevin O’Leary of ‘Shark Tank’ espouses deflationary future for Ethereum

August 10, 2021

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Shark Tank star, “Mr. Wonderful,” argues that Ethereum is destined to become “ultrasound money” once its chain merge occurs. 2745 Total views 129 Total shares Canadian entrepreneur, investor, and reality television personality, Kevin O’Leary — also known as “Mr. Wonderful” — appears to now be singing Ethereum’s praises as a deflationary asset. Clearly reading from […]

3 reasons why Ethereum is unlikely to flip Bitcoin any time soon

August 7, 2021

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After a 13% rise in two days, Bitcoin’s (BTC) market capitalization surpassed $800 billion to reach its highest value in 79 days. During the same timeframe, Ether (ETH) accumulated a 45% gain in two weeks, placing the network’s market capitalization at $340 billion. Positive expectations for the London hard fork and its potential deflationary effect […]

Here’s what traders expect now that Ethereum price is over $3,000

August 7, 2021

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ETH traders hint that the bull market could be back after Ethereum price hit $3,000 for the first time in 79 days. 57245 Total views 124 Total shares This week Ethereum’s London hardfork was completed without a hiccup and investors have now reset their eyes on new highs above $3,100. Data from Cointelegraph Markets Pro […]

Rothschild’s trust led funding round for Aspen Digital’s London expansion

August 4, 2021

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Aspen Digital aims for the Europe, Asia and Middle Eastern markets, leading the initiative by establishing headquarters in London and Singapore. 420 Total views 4 Total shares Prominent British banker Jacob Rothschild’s investment firm Rothschild Investment Trust (RIT) Capital Partners partnered with New York-based Liberty City Ventures to lead pre-A funding for Aspen Digital, a […]

3 reasons why Ethereum price might not hit $5,000 anytime soon

July 31, 2021

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Ether (ETH) price has been in a downward spiral ever since the Ethereum co-founder Vitalik Buterin presented at the StartmeupHK Festival 2021. In a fireside chat session on May 27, Vitalik stated that several internal team conflicts caused the Proof-of-Stake migration to delay its launch. As reported by Cointelegraph, ‘Phase One,’ which introduces scalability through […]

Ethereum’s London upgrade deployed to final testnet ahead of August 4 fork

July 9, 2021

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The long-awaited EIP-1559 upgrade is just 26 days away now. 6148 Total views 14 Total shares The long-awaited London upgrade for the Ethereum network is edging closer as the code was deployed to the final testnet this week. Ethereum’s London hard fork, which will usher in the EIP-1559 upgrade, has now been scheduled for August […]

3 reasons why Ethereum exchange reserves are falling to new lows

July 8, 2021

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Over the past week, astute crypto market analysts noticed some interesting developments related to the supply of Ether (ETH) as the network’s August 4 London hard fork approaches. Recent data from CryptoQuant, an on-chain analytics firm, indicates that the amount of Ether held in cryptocurrency exchanges’ reserves has hit new daily lows since the start of […]

Ethereum London upgrade launches on testnet as 100K staked in a day on Eth2

June 25, 2021

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The Ethereum community is anxiously awaiting the mainnet launch of EIP-1559. 4427 Total views 18 Total shares Ethereum’s forthcoming London upgrade, containing the highly-anticipated Ethereum Improvement Proposal (EIP) 1559, has been deployed on the Ropsten testnet. Following the June 24 launch on Ropsten, London is now expected to progress through Ethereum’s Goerli, Rinkeby, and Kovan […]

London wealth manager cashes out $1B profit from $600M BTC buy in November

June 7, 2021

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After profiting $1 billion in less than six months, Ruffer is open to making more Bitcoin trades in the future. 6371 Total views 8 Total shares Asset manager Ruffer has profited by more than $1 billion in profit from a $600 million Bitcoin investment it made during November 2020. Speaking to The Times, investment director […]

FCA releases detailed 5-point plan to make UK a fintech powerhouse

February 26, 2021

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Upon the announcement of the United Kingdom budget for 2020, Chancellor Rishi Sunak commissioned Ron Kalifa to conduct an independent review of the U.K. fintech sector. On Friday, eight months later, the FCA published the 108-page report, and it contains multiple clear guidelines aimed at cementing the U.K.’s position as a fintech powerhouse. Over $95 […]

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Category: London