Author: Sam Allcock

In the ever-evolving landscape of digital currencies, the past few days have presented a tough correction phase. Nevertheless, potential opportunities for a rebound this weekend are drawing attention.Despite widespread market pessimism, select cryptos are poised to defy trends and showcase promising rallies. As we delve deeper into market dynamics, three assets stand out, offering potential upside for strategic investors.The cryptocurrency market has defied expectations this October. Historically a bullish month, this period has instead seen a downward trend. Increased geopolitical tensions in the Middle East, particularly the Iran-Israel conflict, have contributed significantly. Investors are skittish, moving away from risky assets,…

The financial stability of the United States is under scrutiny as influential voices, such as Elon Musk and Jack Mallers, express concerns over a potential USD collapse.Their warnings highlight the dire need for proactive measures in currency management and the potential rise of cryptocurrencies like Bitcoin as alternatives.With growing concerns about U.S. financial issues, Bitcoin is increasingly seen as a secure alternative. BlackRock, a leading investment management firm, recently termed Bitcoin a “unique diversifier.”Their insights suggest that Bitcoin’s adoption will likely be influenced by concerns about global monetary and geopolitical stability, along with U.S. fiscal and political sustainability. Although Bitcoin…

Cybersecurity threats are increasingly targeting the HR sector, revealing alarming vulnerabilities.Recent research indicates a significant increase in phishing attacks aimed at bypassing multi-factor authentication.A concerning 77% of HR professionals have fallen victim to phishing scams, a notable rise compared to the general worker population.Outdated and inadequate cyber training persists in the workplace, exacerbating security risks.Innovations in phishing tactics have exposed the limitations of traditional MFA methods, urging companies to adopt more secure practices.Cybersecurity challenges have become a focal point within the HR industry, with severe implications for businesses across the UK. With an alarming rise in phishing email attacks designed…

Watches of Switzerland’s acquisition of Hodinkee marks a strategic expansion in the luxury watch market.The acquisition aims to enhance Watches of Switzerland’s market share, particularly in the US.Hodinkee, a leading platform for luxury watch enthusiasts, will retain editorial independence.Ben Clymer returns to lead Hodinkee’s operations, reinforcing its authoritative voice.Watches of Switzerland integrates Hodinkee’s commercial activities to bolster ecommerce.Watches of Switzerland has strategically acquired Hodinkee, a globally-renowned digital platform for luxury watch enthusiasts. This move is part of their broader plan to strengthen their presence in the competitive luxury market. The acquisition is expected to significantly enhance Watches of Switzerland’s ability…

Watches of Switzerland has strategically acquired Hodinkee, a renowned digital platform for luxury watch enthusiasts, to strengthen its market presence.The acquisition aims to bolster Watches of Switzerland’s capability in capturing market share, especially in the rapidly growing US market.Hodinkee, established in 2008, has become a global hub for watch enthusiasts with significant digital content offerings.Watches of Switzerland plans to integrate Hodinkee’s commercial activities with its own, enhancing its online retail operations.Hodinkee’s founder, Ben Clymer, will return to lead the platform, maintaining its editorial independence.Watches of Switzerland has announced its acquisition of Hodinkee, a well-respected name within the luxury watch community,…

Ripple’s XRP has captured significant attention following Bitwise’s recent ETF filing, propelling the token into potential mainstream acceptance.Bitwise’s initiative marks a pivotal moment for XRP, catalysing what could be a notable shift in its market dynamics.Recent insights from the data platform Santiment highlight that Bitwise’s filing has triggered an upsurge in bullish activities within the Ripple ecosystem. This strategic move by Bitwise has generated a fervour around XRP, significantly influencing whale activity and stirring market interest.This heightened whale activity often signals that major investors are either in the accumulation phase or preparing for strategic market manoeuvres. These transactions typically precede…

Gold and Bitcoin are experiencing a significant surge, driven by the intensifying debasement trade. This rise reflects growing concerns over economic instability and currency devaluation.JP Morgan’s recent alert highlights these trends, offering insights into the reasons behind the increased interest in these assets. As global economies face challenges, understanding these dynamics becomes crucial for investors.Unpacking the Debasement TradeJPMorgan analysts, led by Nikolaos Panigirtzoglou, describe the ‘debasement trade’ as a multifaceted phenomenon. It is influenced by various factors, including geopolitical uncertainties and concerns over inflation and government deficits. The idea also encompasses a waning confidence in fiat currencies, especially within emerging…

The UK motor industry calls for VAT reductions on electric vehicles (EVs) and public charging points to stimulate market growth.The Society of Motor Manufacturers and Traders (SMMT) has urged the Chancellor to cut VAT on EVs and charging infrastructure.Despite record registrations, the EV market is lagging behind government sales targets.Manufacturers face significant challenges, including a decline in private demand and financial losses from discounts.Global trends show a reduction in governmental support for the EV sector, heightening the need for UK intervention.The Society of Motor Manufacturers and Traders (SMMT) has made a compelling plea to the Chancellor for a reduction in…

Retail footfall in September experienced its first increase in over a year, driven by the back-to-school season.Total shopper visits saw a growth of 3.3%, a significant improvement from August’s decline.Specific sectors showed varied increases, with retail experiencing the highest jump at 7.3%.Shopping centres and high streets also reported rising visitor numbers compared to August.The British Retail Consortium highlights potential impacts of past mild weather and advocates for business rate adjustments.For the first time in over a year, retail footfall rose in September, coinciding with the back-to-school season, resulting in a 3.3% increase in total shopper visits, compared to a 0.4%…

Virgin Wines and Ocado have announced a new strategic partnership, enhancing Ocado’s product offerings with an exclusive wine collection.Customers can now purchase individual bottles from a selection of 50 unique wines, previously only sold in multi-bottle cases by Virgin Wines.The collection is curated in collaboration with independent winemakers, offering new wines to both enthusiasts and novices.Ocado’s extensive online platform allows for quick adaptation to consumer preferences, eliminating traditional shelf space constraints.Both companies express confidence that the partnership will resonate with a wide range of consumers, offering both convenience and choice.Virgin Wines has recently launched a strategic partnership with online retailer…