Standard Chartered analyst Geoff Kendrick has signaled to clients that the cryptocurrency market has likely bottomed, with ‘winter is over’ commentary suggesting improved market conditions ahead. The analyst identified three signs of a Bitcoin bottom as part of the outlook.
Matthew Beesley, CEO of British asset manager Jupiter, expresses the view that global investors could be at the beginning of a multi-decade trend of reducing US weight in their portfolios. The article suggests Europe may not benefit from this shift.
Matt Miller, founder of UK-based venture capital fund Evantic Capital (400 million dollars), called for increased investment in affordable power plants including nuclear energy to support the UK’s AI sector growth.
Crypto advocacy group Stand With Crypto UK has launched a campaign against UK banks that are blocking or restricting customer transfers to regulated cryptocurrency exchanges, despite the UK government’s stated ambition to establish the country as a leading digital asset innovation hub.
Sadiq Khan, Mayor of London, blocked a contract between the Metropolitan Police Service and US technology company Palantir. Metropolitan Police Commissioner Mark Rowley subsequently warned that the ban would negatively impact frontline policing capabilities in London.
Peter Singlehurst, head of private companies at Baillie Gifford, commented on SpaceX’s potential IPO and orbital data center plans, noting that the company has successfully executed unconventional ideas in the past.
Cambridge Aerospace, a British defense technology startup developing interceptor systems to protect against drones and cruise missiles, is in discussions to raise approximately $300 million at a valuation of around $3.5 billion.
Schroders, a major European asset manager, has been sold to Nuveen, a US competitor. CEO Richard Oldfield discusses the challenges facing mid-sized asset managers in an increasingly competitive landscape and explains the strategic rationale for the transaction.
Wayve Technologies, a UK-based autonomous driving software startup backed by Uber, is considering letting investors sell shares through the UK’s new private securities market, which would represent the first major endorsement of this novel trading system.
BancTrust’s CEO Carlos Fuenmayor is contesting a fine imposed by the FCA for failing to disclose previous regulatory penalties from Venezuelan and US authorities. Fuenmayor argues that the requirement to disclose these penalties violates freedom of expression principles.