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...But in order to send a message, prosecutors are shooting for a 36-month sentence. That’s as tough as they could take it, especially when the $50mn personal fine is also taken into account....
...at Z$36,000 to the dollar....
...US spot bitcoin ETFs have hoovered up more than 500,000 bitcoin since their long-awaited launch in January, which means the issue of “dust” has been growing....
...CCData found that the average 30-day rolling annualised volatility during non-US trading hours is just over 40 per cent, compared with an average of 36 per cent in US hours....
...March job gains surpassed the upwardly revised 155,000 in February and the 148,00 jobs that economists polled by Reuters had predicted....
...The Indonesian central bank intervened in foreign exchange markets last week to support the rupiah after the currency crossed the 16,000 mark against the dollar....
...of bitcoin to a record high of more than $73,000 in March....
...Nigeria blocked access to several of the world’s largest cryptocurrency trading platforms, to try to halt the slide in its currency, the naira....
...The rapid ascent has revived memories of the crypto bull market that pushed the token to its record peak of nearly $69,000 in November 2021, as investors pile in amid “fear of missing out” on further price...
...The world’s largest money manager reported a 36 per cent year-on-year jump in net income to $1.57bn in its fiscal first quarter, on an 11 per increase in revenue to $4.7bn....
...That missed economists’ forecast for 675,000 new home sales, but January’s figure had been revised higher to 664,00....
...The price has surged since US regulators in January approved spot bitcoin exchange traded funds issued by Wall Street stalwarts including Fidelity and BlackRock, the world’s largest asset manager....
...In the next 24 hours or so, those rewards fall from 6.25 bitcoins to 3.125 bitcoins, or from $408,000 to about $204,000 by current prices....
...UK investors have watched as bitcoin rose to register an all-time high above $70,000 this month, surging from roughly $42,000 in January....
...In April 2021, US sanctions body Ofac put 16 groups and 16 individuals on its list, accusing them of meddling in the 2020 US presidential election....
...US-based Cleanspark held more than 5,000 bitcoins at the end of March, up 2,400 per cent on the same month a year ago....
...The upswing follows the US Securities and Exchange Commission’s decision in January to approve bitcoin exchange traded funds....
...Bitcoin prices are at fresh record highs in many currencies. In dollars the cryptocurrency is up more than 40 per cent over the past month. The $69,000 intra day high set in 2021 is within reach....
...In the real world, if you lend $1,000 you can expect to receive interest....
...This month the bitcoin price hit a record high of $73,000 — four times its level in late 2022 when FTX imploded....
...Cryptocurrency investors and firms in the UK are expressing frustration at being left behind their US counterparts, after US regulators approved several mainstream products that have made it easier than...
...The repayments to more than 100,000 creditors have become a critical plank for lawyers defending former FTX chief executive Sam Bankman-Fried ahead of his sentencing in the US this week....
...But could a company trading at a revenue multiple of 1,400 suddenly trade at a multiple of, say, 3,000? Sure! Why not?...
...They are usually pegged to sovereign currencies and the majority of trading in crypto markets is done with stablecoins....
...The price of bitcoin traded above $50,000 on Monday for the first time since 2021, underscoring the sharp change in appetite for the token since mainstream bitcoin investment funds launched earlier this...
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