Billy Bambrough
Billy Bambrough
I am a journalist with significant experience covering technology, finance, economics, and business around the world. As the founding editor of Verdict.co.uk I reported on how technology is changing business, political trends, and the latest culture and lifestyle. I have covered the rise of bitcoin and cryptocurrency since 2012 and have charted its emergence as a niche technology into the greatest threat to the established financial system the world has ever seen and the most important new technology since the internet itself. I have worked and written for CityAM, the Financial Times, and the New Statesman, amongst others.Source
London, UK
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Perhaps Google Will Kill Bitcoin, After All

Perhaps Google Will Kill Bitcoin, After All

BETAThis is a BETA experience. You may opt-out by Nov 16, 2019,, something that could potentially break bitcoin's cryptography ().Meanwhile, , –with others, , branching out into traditional financial services.Now, Google, in partnership with U.S. banking giant Citigroup, has said it's planning to launch its own fully-fledged "smart checking" bank accounts via Google Pay– and .Google's planned bank account, code-named Cache and expected to allow users to add Google's analytic tools to traditional banking products, is due to be launched sometime next year, alongside Facebook's planned...

November 18, 2019
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Billionaire Mark Cuban Reveals Why He Thinks Ethereum Will ‘Dwarf’ Bitcoin As Crypto Market Price Hits $2 Trillion

Billionaire Mark Cuban Reveals Why He Thinks Ethereum Will ‘Dwarf’ Bitcoin As Crypto Market Price Hits $2 Trillion

BETAThis is a BETA experience. You may opt-out by Apr 6, 2021,Mark Cuban, the billionaire investor made famous by the reality television series Shark Tank, on bitcoin and cryptocurrencies in recent months.Cuban made when he said he'd "rather have bananas than bitcoin," calling crypto "too complicated." But the Dallas Mavericks owner has since come around to cryptocurrencies, praising —which is largely built on top of the second-largest cryptocurrency after bitcoin, ethereum.Now, as the bitcoin and cryptocurrency , Cuban has revealed that he expects will spark the development of apps...

April 7, 2021
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$2 Trillion Banking Giant BNY Mellon Reveals Bitcoin And Crypto Plans—‘Digital Assets Are The Future’

$2 Trillion Banking Giant BNY Mellon Reveals Bitcoin And Crypto Plans—‘Digital Assets Are The Future’

BETAThis is a BETA experience. You may opt-out by Feb 11, 2021,New York-based banking giant BNY Mellon is jumping into .The bank, which boasts around $2 trillion in assets under management, has announced plans to hold bitcoin and other cryptocurrencies on behalf of its clients.The move comes amid what the BNY executive heading up its digital assets unit, Mike Demissie, called an "uptick in institutional interest" ."There’s an overall sentiment shift with respect to digital assets," says Demissie, speaking over email ahead of the announcement, adding: "Digital assets are the...

February 11, 2021
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A Major Tesla Investor Has Predicted Bitcoin Will Be Worth More Than $1 Trillion In Under 10 Years

A Major Tesla Investor Has Predicted Bitcoin Will Be Worth More Than $1 Trillion In Under 10 Years

BETAThis is a BETA experience. You may opt-out by Oct 4, 2020,Bitcoin has had , adding over 40% to its price so far this year—and taking its market capitalization to around $200 billion.The bitcoin price, which began the year at around $7,000 per bitcoin token, has been on , crashing to under $4,000 in March before rebounding to well over $10,000.With a raft of established investors as a potential hedge against the inflation they see coming as a result of , a prominent investor in electric car-maker Teslahas said it expects bitcoin's total value to balloon to between $1 trillion and $5...

October 4, 2020
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Norway’s $1 Trillion Oil Fund, BlackRock’s And Vanguard’s Indirect Bitcoin Holdings Revealed

Norway’s $1 Trillion Oil Fund, BlackRock’s And Vanguard’s Indirect Bitcoin Holdings Revealed

The bitcoin world was set alight by news last month that Virginia-based business intelligence and software company MicroStrategy MSTR -0.5% was buying bitcoin to hedge against inflation. MicroStrategy, which boasts a market capitalization of $1.4 billion, bought just over 21,000 bitcoin in August for $250 million, topping up its investment with a further 16,800 bitcoin tokens last week for $175 million. As a result, some of MicroStrategy's biggest investors, including Norway's $1 trillion oil fund and major asset managers BlackRock BLK -0.2% and Vanguard, have picked up indirect exposure...

September 24, 2020
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Pentagon Documents Reveal The U.S. Has Planned For A Bitcoin Rebellion

Pentagon Documents Reveal The U.S. Has Planned For A Bitcoin Rebellion

BETAThis is a BETA experience. You may opt-out by Jun 10, 2020,Bitcoin has struggled to find support in the U.S. government, with president Donald Trump, along with Treasury secretary Steven Mnuchin, leading the .Now, it's been revealed the U.S. Department of Defense has wargamed scenarios involving a Generation Z rebellion that uses bitcoin to undermine and evade "the establishment."In the Pentagon war game, young people born between the mid-1990s and early 2010s use cyber attacks to steal money and convert it to bitcoin, published by investigative news site revealed.Called the 2018...

June 10, 2020
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Bitcoin, Ethereum, Ripple’s XRP, And Litecoin Could Be Heading Into Their Biggest Week Ever

Bitcoin, Ethereum, Ripple’s XRP, And Litecoin Could Be Heading Into Their Biggest Week Ever

BETAThis is a BETA experience. You may opt-out by Sep 15, 2019, and major cryptocurrencies including ethereum, , bitcoin cash, and litecoin, could be primed for as traders and investors gear up for the launch of the U.S.-based Bakkt bitcoin and cryptocurrency platform.The bitcoin price, , has been trading sideways over the last couple of months .Bakkt, an Intercontinental Exchange-backed bitcoin platform, which was announced last year and boasted partners from computing giant Microsoft and coffee chain Starbucks, has been closely-watched by bitcoin and cryptocurrency traders and...

September 15, 2019
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Dogecoin Is Holding On To Its Blistering 3,000% Price Gains—For Now

Dogecoin Is Holding On To Its Blistering 3,000% Price Gains—For Now

BETAThis is a BETA experience. You may opt-out by Apr 17, 2021,Dogecoin, the surging cryptocurrency created as a "joke," .The dogecoin price, which began climbing in October last year as , has added almost 400% this week alone—screeching into the cryptocurrency top five with its market capitalization peaking at around $50 billion.but some bullish investors are forecasting the dogecoin price rally and the memecoin is so far managing to hold onto its huge gains.The latest dogecoin frenzy, , has been driven largely by retail traders hoping to get-rich-quick and has sparked warnings those...

April 18, 2021
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Bitcoin’s Ultimate Price Floor Could Soon Be Destroyed

Bitcoin’s Ultimate Price Floor Could Soon Be Destroyed

BETAThis is a BETA experience. You may opt-out by Nov 26, 2019, following .which saw bitcoin touch lows of a little over $3,000—thought to be just under the price of creating (or mining) new bitcoin and making energy-intensive mining operations unsustainable.Now, a group of researchers have come up with what they claim is a cheaper and more energy efficient way to mine bitcoin that could mean the previous bitcoin price floor moves far lower.Earlier this month, Michael Dubrovsky, cofounder of the nonprofit foundation , Marshall Ball from Columbia University in New York, and Bogdan...

November 27, 2019
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