Economic hardship, whether driven by trade wars or political divisions, usually drives investors into safe haven assets. It has been the case for gold and Bitcoin this year as currencies get crushed and recession fears loom. Britain’s Brexit woes may spell short term doom for the fintech industry but it is likely to have the…
The price of bitcoin has shot up over the last 24 hours amid global economic and geopolitical uncertainty. Bitcoin rose above $10,000 overnight, taking it back above the milestone it fell below after a mini flash crash at the end of August. Other major cryptocurrencies also experienced a price boost, including ethereum, ripple and bitcoin…
Boris Johnson’s recent appointment to the role of UK Prime Minister has coincided with a spike in Google searches in the nation for the word “Bitcoin”. In his first days in office, the newly-instated head of state has made it clear that he is refusing to play ball with the European Union and an already…