Ripple price set to skyrocket? Cryptocurrency market analyst predicts soaring values | City & Business | Finance

Naeem Aslam, a chief market analyst at ThinkMarkets in the UK, an online broker, declared that Ripple values will climb “as the larger crypto market gains more confidence and positivity”. He declared: “As the larger crypto-market gains more confidence and positivity, Ripple’s valuation should grow in tandem with the overall value of the cryptocurrency market. “Ripple to date is trading around $0.70, whilst its all-time highs were closer to $3.30, marking a potential 5.44 times growth. “Bitcoin, on the other hand, only has around 1 to 1.5 times, comparing its…

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Barclays chief faces penalty for trying to identify a whistleblower | City & Business | Finance

The lender detailed draft warning notices issued by the Financial Conduct Authority (FCA) and Prudential Regulation Authority (PRA), which both allege that Mr Staley’s action’s violated rules that require an individual “to act with due skill, care and diligence”. However, the bank stressed that regulators are not alleging that the Barclays chief executive acted with a lack of integrity or that he was not fit to continue in his role. The size of the proposed penalty has not been disclosed. FINE: Jes Mr Staley, 61, now has 28 days to…

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Bitcoin price LIVE: $8k BTC rises as Cambridge Analytica shelves crypto plans | City & Business | Finance

8.00am MORNING HEADLINES Good morning, and welcome to our rolling coverage of all things cryptocurrency, including price, regulation, innovation and financial crime. BTC is currently priced at $8,299, a rise of $25 on the day so far. The New York Times report that Cambridge Analytica, the controversial firm at the centre of the Facebook data revealtions, was planning to release a cryptocurrency in the coming months. Brittany Kaiser, a former Cambridge Analytica employee, told the paper that the firm was hoping to raise money that would pay for the creation…

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Bitcoin price LIVE: $8k BTC boosted as exchanges ‘handle millions’ in institutional money | City & Business | Finance

8.30am MORNING HEADLINES Good morning, and welcome to our rolling coverage of all things cryptocurrency, including price, regulation, innovation and financial crime. Bitcoin is priced at $8,184 marking a slight gain of $18 on the day so far. As the debate over the arrival of institutional rumbles on, Benjamin Dives CEO of The London Block Exchange (LBX) has told Express.co.uk that there has veen a marked increase in his firm’s handling of – Bitcoin, Ethereum, Litecoin and Ripple, paired with GBP, USD and EUR – across the board. He said: “The common…

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ECB fears for withdrawal of €1.1TRILLION Deutsche Bank – and impact on the global economy | City & Business | Finance

The ECB has made Deutsche the first bank under its supervision to report on the cost and consequences of its investment bank’s exit from the global markets. The ECB’s concern stems from the collapse of Lehman Brothers in 2008, and regulators are known to scrutinise large, struggling institutions like Deutsche Bank over their potential to destabilise global markets. Lehman’s sudden and shocking fall intensified the 2008 crisis and wiped $10 trillion from global markets. Although a Deutsche Bank source confirmed to the Financial Times that other Eurozone banks would also…

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Bitcoin price LIVE: $8k BTC down as institutional trader labels crypto a ‘freak show’ | City & Business | Finance

7.30am MORNING HEADLINES Good morning, and welcome to our rolling coverage of all things cryptocurrency, including price, regulation, innovation and financial crime. Bitcoin is priced at $8,021, a fall of just $20 on the day so far. As part of a closer examination of the much-hyped arrival of bit City money into the cryptocurrency space Mike Ingram, chief market strategist at WHIreland told Express.co.uk that the two markets are further away than many in the crypto community claim. Mr Ingram says that only a few months ago “City bars were…

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Bitcoin price LIVE: $8k BTC sheds $300 while ‘Bitcoin pensions’ are called ‘inevitable’ | City & Business | Finance

7.30am MORNING HEADLINES Good morning, and welcome to our rolling coverage of all things cryptocurrency, including price, regulation, innovation and financial crime. Bitcoin starts the day at $8,051 as the week’s positive gains began to stutter on Sunday night. The return to $8k grabbed headlines last week, and now – confidence restored – wallet holders are looking for the next boost. One expert has claimed that the next spell of price gains will come from the arrival of institutional investment. Ari Paul, chief investment officer at cryptocurrency hedge fund BlockTower…

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Bitcoin price SURGE: Cryptocurrency value sees MASSIVE 16 per cent rise in just one week | City & Business | Finance

Last Sunday the digital money was worth just $9,947 (£6,984), however, after a week long boom, the value of Bitcoin has now risen to $8,116 (£5,698). The steep increase in price could represent the start of the online currency’s price recovery, after previously seeing a month of disappointing price decreases. On March 23, Bitcoin was worth $8,918 (£6,261) before its worth dropped to a low of $6,620 (£4,648) by April 6. While the rise in the value of Bitcoin over the past month may signal a return to riches for…

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British Gas price rise: Save a bunch of CASH by following THESE easy steps | City & Business | Finance

Energy prices have become a source of misery for residents across the UK after Government promises to look at the issue are continually suspended while suppliers blame the rising wholesale gas and electricity costs for the continually rising price. With news this week that British Gas is putting its prices up by 5.5 percent, nearly 4.1 million dual fuel customers’ bills will go up from £1,101 to £1,161 a year – the equivalent of almost £246 million across the country. With prices heading north, EDF also announced a plan to…

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Ripple price news: Why are XRP prices soaring? What is the price of Ripple today? | City & Business | Finance

Huge positives for cryptocurrencies have been seen this morning as prices skyrocketed overnight. A sudden spike late Thursday evening saw Ripple jump more than 10 percent. Total gains from this morning have seen prices rise by 17.9 percent in total, with Ripple trading at $0.61 as of 7.25am. Market capitalisation now sits at US$23.95 billion. The total price of the cryptocurrency market saw a 25 percent bump as the high tide brought all coins into the green. Related articles Why are Ripple prices soaring? Pinning down a single explanation for…

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