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Vinay Sharma, Senior Trader at ayondo markets “Move back to $8,000 is possible in short term but crypto bubble has burst”
“The cryptocurrency market felt somewhat of a “fashion statement” for new fintech-based millennials last year, with the crypto craze sending prices to astronomical levels. This year however we have seen a serious correction due to many reasons. Regulatory pressures, exchange hacks, and the viability for the use of a cryptocurrency are three major reasons for this price fall but as with any craze, the buzz has dissipated and cryptocurrencies are no longer in vogue.
“In my opinion there is little or no chance of a cryptocurrency being used as an actual medium of exchange. At the minute they are being treated as speculative assets and it’s fair to say the asset bubble on crypto’s has definitely burst. In the short term I wouldn’t be surprised if Bitcoin is 20-30% higher in the next few months. There does seem to be some technical support in bitcoin from about $5400-$6000, so a move back to $8000 is possible in the short term. However, as a long term asset, I’m not so sure on its viability as a currency, so I would only be holding Bitcoin from a short term trading point of view.
“In 5-10 years’ time I’m pretty sure Bitcoin will still exist but I wouldn’t be surprised if it is at half the current price of $6000. Twenty years down the line I would be wandering if they still exist at all.”
- Club Brugge KV Appoints Neo as its Official Foreign Currency Exchange Partner Read more
- Coda Completes Acquisition of Recharge, Expanding Global Reach in Digital Content Monetization and Distribution Read more
- Work In Fintech and payabl. Partner to Showcase AI at Third Work in Fintech Summit Read more
- Bitget’s Smarter Speed Challenge Brings MotoGP Online Read more
- Experian M&A Activity Report Shows ThinCats as Leading Alternative Finance Debt Provider Across the UK in First Half of 2025 Read more
Club Brugge KV Appoints Neo as its Official Foreign Currency Exchange Partner
Club Brugge KV has announced a new five-year partnership with Neo as its Official Foreign Currency Exchange Partner
Coda Completes Acquisition of Recharge, Expanding Global Reach in Digital Content Monetization and Distribution
Coda, a global leader in digital content monetization headquartered in Singapore, has completed its acquisition of Recharge, Europe’s leading prepaid payments platform, headquartered in Amsterdam. This follows Coda’s announcement last month on the signing of a definitive agreement to acquire Recharge.
Work In Fintech and payabl. Partner to Showcase AI at Third Work in Fintech Summit
Work in Fintech (‘WIF’), the social project dedicated to increasing diversity and social mobility for young people in fintech, today announces the return of payabl., one of Europe’s leading financial technology providers, as main sponsor of its third flagship event - The Work In Fintech AI Summit - taking place at Google’s Headquarters in London.
Bitget’s Smarter Speed Challenge Brings MotoGP Online
Bitget, the world’s leading cryptocurrency exchange and Web3 company, is revving up for the second half of the MotoGP season with the official launch of the Smarter Speed Challenge, an online racing mini-game built to bring an adrenaline rush to the fingertips of both Web2 and Web3 users. Flagging off on August 18, this campaign blends online gameplay with real-world perks. Users can climb live online leaderboards for their chance at a share of 66,000 USDT, a paid trip to meet five-time world champion Jorge Lorenzo and exclusive 2026 MotoGP VIP Passes.
Experian M&A Activity Report Shows ThinCats as Leading Alternative Finance Debt Provider Across the UK in First Half of 2025
Today, Experian has published its latest MarketIQ report, detailing M&A activity across the UK and Ireland for the first half of 2025. ThinCats has ranked as the top alternative finance provider of debt funding across the UK, for deal volume.
HTX Ventures’ Comprehensive Analysis of Tokenized Stocks: Three Main Models, Key Players, and the Global Market Race
HTX Ventures, the global investment arm of HTX, has released its latest research report “Are Tokenized Stocks a Treat or a Trap? A Complete Guide”. The report examines the driving forces, mainstream models, and possible evolution paths of tokenized stocks, and explores how they may merge with traditional capital markets.
The UK’s Payments Revolution Can’t Ignore the Fraud Crisis
“The UK’s Payments Vision Delivery Committee (PVDC) has left fintechs and other companies in the transaction processing industry on the edge of their seat as they recently teased that not only would their official strategy for a “world-leading payments ecosystem” be made public this autumn, but that their Payments Forward Plan would be published by the end of the year. These initiatives, set forth under the sight of the National Payment Vision, will lay the blueprint for a true overhaul of the U.K. payments ecosystem that will champion “innovation, competition and security.”
Club Brugge KV Appoints Neo as its Official Foreign Currency Exchange Partner
Club Brugge KV has announced a new five-year partnership with Neo as its Official Foreign Currency Exchange Partner
Coda Completes Acquisition of Recharge, Expanding Global Reach in Digital Content Monetization and Distribution
Coda, a global leader in digital content monetization headquartered in Singapore, has completed its acquisition of Recharge, Europe’s leading prepaid payments platform, headquartered in Amsterdam. This follows Coda’s announcement last month on the signing of a definitive agreement to acquire Recharge.
Work In Fintech and payabl. Partner to Showcase AI at Third Work in Fintech Summit
Work in Fintech (‘WIF’), the social project dedicated to increasing diversity and social mobility for young people in fintech, today announces the return of payabl., one of Europe’s leading financial technology providers, as main sponsor of its third flagship event - The Work In Fintech AI Summit - taking place at Google’s Headquarters in London.
Bitget’s Smarter Speed Challenge Brings MotoGP Online
Bitget, the world’s leading cryptocurrency exchange and Web3 company, is revving up for the second half of the MotoGP season with the official launch of the Smarter Speed Challenge, an online racing mini-game built to bring an adrenaline rush to the fingertips of both Web2 and Web3 users. Flagging off on August 18, this campaign blends online gameplay with real-world perks. Users can climb live online leaderboards for their chance at a share of 66,000 USDT, a paid trip to meet five-time world champion Jorge Lorenzo and exclusive 2026 MotoGP VIP Passes.
Experian M&A Activity Report Shows ThinCats as Leading Alternative Finance Debt Provider Across the UK in First Half of 2025
Today, Experian has published its latest MarketIQ report, detailing M&A activity across the UK and Ireland for the first half of 2025. ThinCats has ranked as the top alternative finance provider of debt funding across the UK, for deal volume.
HTX Ventures’ Comprehensive Analysis of Tokenized Stocks: Three Main Models, Key Players, and the Global Market Race
HTX Ventures, the global investment arm of HTX, has released its latest research report “Are Tokenized Stocks a Treat or a Trap? A Complete Guide”. The report examines the driving forces, mainstream models, and possible evolution paths of tokenized stocks, and explores how they may merge with traditional capital markets.
The UK’s Payments Revolution Can’t Ignore the Fraud Crisis
“The UK’s Payments Vision Delivery Committee (PVDC) has left fintechs and other companies in the transaction processing industry on the edge of their seat as they recently teased that not only would their official strategy for a “world-leading payments ecosystem” be made public this autumn, but that their Payments Forward Plan would be published by the end of the year. These initiatives, set forth under the sight of the National Payment Vision, will lay the blueprint for a true overhaul of the U.K. payments ecosystem that will champion “innovation, competition and security.”