Billy Bambrough

Billy Bambrough is a journalist covering the intersection of technology, finance and politics. He has been writing about bitcoin, crypto assets and blockchain since 2014 for Forbes, where he is now a senior reporter. Prior to that he was news editor at City A.M., where he covered business news from London's financial markets. Billy has also reported on the impact of Brexit on UK businesses and the economy, as well as covering various political campaigns in the US and UK. He has interviewed numerous high-profile figures including politicians, entrepreneurs and CEOs of major corporations. In his current role at Forbes, Billy focuses on breaking news about bitcoin, cryptocurrencies and blockchain technology. He also writes long-form features exploring the wider implications of these emerging technologies for businesses and society.

87%

The Daily's Verdict

This author has a mixed reputation for journalistic standards. It is advisable to fact-check, scrutinize for bias, and check for conflicts of interest before relying on the author's reporting.

Bias

97%

Examples:

  • Bitcoin could reach $450,000 a year from now, or $270,000 if this cycle turns out to be more like 2016
  • The bitcoin price could fall in the aftermath of the looming bitcoin halving.
  • We do not expect bitcoin price increases post-halving as it has already been priced in.

Conflicts of Interest

100%

Examples:

No current examples available.

Contradictions

90%

Examples:

  • Historically, previous bitcoin halvings have been followed by price appreciation after the event, but this time around, macro conditions are different.
  • The next bitcoin halving is currently scheduled for early March 2028.

Deceptions

67%

Examples:

  • Caution should be taken against extrapolating the past cycles and the impact of halving, given the respective prevailing macro conditions.
  • The article is straightforward and factual, with no apparent deception.
  • The technical picture for bitcoin is rather worrying.

Recent Articles

Upcoming Bitcoin Halving: Bracing for Potential Price Surge and Impact on Miners

Upcoming Bitcoin Halving: Bracing for Potential Price Surge and Impact on Miners

Broke On: Saturday, 20 April 2024 In May 2023, the Bitcoin network will undergo its third halving event, reducing rewards for mining new blocks in half. Historically preceding price increases, this event could lead to a bull run and new all-time highs for Bitcoin. Adam Sullivan of Core Scientific anticipates major rally despite challenges, while Mark Cuban explores AI's impact on miners.
Riot Platforms: Poised to Benefit from Bitcoin's Upcoming Halving Event?

Riot Platforms: Poised to Benefit from Bitcoin's Upcoming Halving Event?

Broke On: Thursday, 18 April 2024 The upcoming Bitcoin halving could boost Riot Platforms by increasing demand for its mining services due to industry consolidation. With a projected hash rate increase and potential bullish price action for Bitcoin, Riot may see increased revenue and stock growth.

Bitcoin Surpasses $40,000 Amid Market Rally and Speculation

Broke On: Monday, 04 December 2023 Bitcoin recently surpassed the $40,000 mark, a level it hasn't seen in 18 months. The CEO of Coinbase suggests that Bitcoin could play a crucial role in extending western civilization as the US dollar continues to inflate. Crypto analyst Benjamin Cowen predicts a potential pullback if Bitcoin reaches the $48,000 level. Bitcoin remains near $42,000, indicating its decoupling from other assets. Investors are eagerly awaiting the approval of a Bitcoin-based ETF in the US.