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“Trajectory of Bitcoin is Remarkable but does the Increase in Market Value make it more Credible?”, Market Commentary, ayondo
“Trajectory of Bitcoin is remarkable but does the increase in market value make it more credible?”
Jordan Hiscott, Chief Trader at ayondo markets
“Bitcoin’s success from an investment perspective continues as the cryptocurrency reaches yet another high. Up over 500% just this year, to a new limit of $6,252, the asset’s trajectory is nothing but remarkable. Weekend trading in Bitcoin is statistically more volatile than activity during the week, and this seems the initial catalyst for the move up, before sustaining itself early on Monday morning.
“It’s becoming somewhat repetitive to discuss new highs for the asset, as they occur so regularly. But does the increase in its market value, now to more than $100 billion, give it more credibility? I’m not certain on this, however, awareness of the asset has never been greater. Data from Google Trends confirms that searches for the term ‘Bitcoin’ are nearing all-time highs, but whether this means the product will become more mainstream is yet to been seen.”
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CLS Appoints Six New Board Directors
CLS, a financial market infrastructure group delivering settlement, processing and data solutions, today announces the appointment of six new members to its Board of Directors at the CLS Annual General Meeting held on 9 June 2026.
Mobey Forum Calls for a Collaborative Approach to Fraud Prevention in Rethinking Fraud in a Connected World
Mobey Forum’s Fraud Expert Group has published a new report, Rethinking Fraud in a Connected World: Trust, Collaboration, and Resilience in the Digital Ecosystem, exploring how fraud is evolving beyond traditional banking threats and why stronger collaboration across industries is becoming essential.
SumUp Launches in Canada
SumUp, the global financial technology company, today announced its official launch in Canada. The milestone makes Canada SumUp's 38th market and its latest step in building out its presence across the Americas, as the company continues its mission to make commerce simpler and more accessible for all businesses worldwide.
European Fintech Association Elects New Board of Directors
The European FinTech Association (EFA) today announced the election of its new Board of Directors, bringing together senior leaders from across Europe's fintech ecosystem to guide the Association's work over the coming term.
G+D: Navigating the Future of Fintech Agility and Innovation
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Connect IFA Strengthens Leadership Team to Drive Growth and Enhance Adviser Support
Connect IFA Ltd is pleased to announce key leadership appointments designed to strengthen its commitment to growth and enhance the support it provides to advisers and network members.
FreeAgent Launches New AI Tool for Landlords to Capture Rental Statements
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