1. FTSE sets new intra-day peak
The strong performance helped drive the FTSE 100 to a new intra-day record high of 7,934.30. It finished the day at 7,885.
2. Argo increases BTC mining in January
As of January 31, 2023, Argo Blockchain held 115 Bitcoin or Bitcoin Equivalents. The company's total hashrate capacity was maintained at 2.5 EH/s.
3. BP’s buyback will be difficult to honour
The British energy multinational is rethinking its relationship with renewable energy following years of disappointing returns, not to mention an improved global outlook for oil and gas.
4. Aviva remains Deutsche Bank’s top pick
Overall, the sector remains cheap, says the broker, but on its own, that is not enough, with a lack of catalysts seeing prices drift recently.
5. Revolut to allow users to stake cryptocurrency assets
Revolut customers across the UK and Europe will be given the option to pledge their tokens to blockchain validators to help with network security and transaction validation in return for staking yields.