Why experts think bitcoin is at a ‘pivotal moment'
Bitcoin 's price surged to an all-time high of over $110,000, a nearly 50 per cent increase since April, surpassing its previous record.
Favorable market conditions, including de-escalation of the US-China trade war, lower interest rates, and increased global liquidity, contributed to the rally.
Nigel Green, CEO of global financial advisory firm deVere Group, said bitcoin is at a 'pivotal moment' due to political momentum and retail resurgence.
Other cryptocurrencies like Ethereum, Solana, Dogecoin, and Cardano have also seen price increases.
Crypto analysts are revising their 2025 price predictions, with some suggesting Bitcoin could reach $175,000 or higher.
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Daily Mail
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British bitcoin company goes from £4M to £1BILLION in just two months on the stock market
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We've really beefed up the risk warnings 'I know all these metrics are new to a lot of people that haven't been in the space for as long as me,' Webley said, 'I understand why we trade like we trade, and it's not for everyone 'We've really beefed up the risk warnings because we really want to be transparent, and we don't want people buying our shares if they don't understand what we're doing. 'We have been working really hard, harder than the regulators have asked us to work, on making everything as transparent as it can be.' Since the beginning of the week, it has also appointed a bitcoin strategy consultant, Jesse Myers. Smarter says Myers' bitcoin valuation framework was adopted by Michael Saylor when he was chief executive of MicroStrategy. In fact, Webley claims this is the key to his success; Smarter is following well-trodden path. He said: 'If you look at companies that do something similar to what I do globally, what is happening? 'Yes, it's a bit faster for us. Maybe that's because no one's done it in the UK before. But it's not actually different to what's happened in other countries. Yes, it's surprised me. But no, it's not unusual for a company that's doing what I'm doing.' Suffice it to say, not everyone is convinced that investing in a company like Smarter is a wise move. Like bitcoin and crypto, such shares are an extremely high risk proposition and the risk is magnified by the gap between a company's valuation and holdings. Webley told This is Money: 'I'm doing exactly what I said I'd do very honestly and transparently. I'm keeping everyone informed. 'I said to you right at the start [prior to the IPO] that I wanted to do something that the UK could be proud of. And if it's making a difference to people's lives because they believe in the strategy, and we're hopefully going to perform in the long term, then that's a really cool thing.' What the rapid ascent has done though, is make Webley and Smarter shift their plans to the larger side. He says: 'The thing that has evolved is that initially we were thinking of acquiring companies with around £500,000 free cash flow, profitable businesses but small ones. 'Realistically, the size of these acquisitions is going to have to be bigger.' He added: 'I'm happy to share that we have already looked at three acquisitions, but none of them were quite right.' Nor has the core business, web design, been neglected. 'I still pick up the phone and I speak to people when they inquire,' Webley said, 'I'm absolutely convinced the listing is making a difference to our business, the inquiries are definitely up, the web traffic that we're getting is way up. 'If you do this treasury management strategy properly, you can then actually grow your core business, and in our case, the acquisition strategy.' This is just the beginning, he says. 'I'm very, very much looking forward to the future… the sky's the limit with this. If we can execute the strategy properly, with integrity and transparency, then there really isn't a limit on it.'
