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...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....
...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....
...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....
...The milestone seemed improbable only in October, when bitcoin languished at about $25,000....
...Miners will have to work twice as hard for the same money as the number of bitcoin rewards drops from 6.25 to 3.125 — or put another way, all else being equal, production costs will double to about $50,000...
...This month the bitcoin price hit a record high of $73,000 — four times its level in late 2022 when FTX imploded....
...However, that figure will rise to 0.25 per cent in the next year if its ETF pulls in $5bn in assets under management. The US group has drawn in $1.7bn to date....
...The wider MTN group’s full-year results will be announced on March 25....
...Wen told the court that the last time she saw Zhang was at the house later that month, August 25. They were terminating the lease. Wen kept what remained of the £40,000 deposit and the Mercedes....
...Soundbite of the week: Headline-worthy scapegoat Crypto conglomerate Digital Currency Group this week filed to dismiss a lawsuit brought by the New York attorney-general....
...At the end of January, total net inflows across all products were just below $1.5bn, with bitcoin trading at about $43,000, slightly down from $44,000 at the start of the year....
...The company added that it was unfair to judge a 30,000-client business based on the files of just 10....
...Skechers agreed to pay a $1.25 million civil penalty to settle the SEC’s charges....
...Bitcoin was trading 3 per cent higher at about $47,000 on Thursday morning, well below the $69,000 peak it hit in November 2021 but nearly three times the $16,000 trough it hit in December 2022 after the...
...Reserves for PayPal USD are fully backed by U.S. dollar deposits, U.S. Treasuries and similar cash equivalents, and PayPal USD can be bought or sold through PayPal at a rate of $1.00 per PayPal USD....
...Cryptocurrency refers to a digital form of currency traded and stored on a blockchain....
...Thursday’s report showed these “initial” jobless claims increased to 218,000 on a seasonally adjusted basis in the week ended November 25, from the previous week’s upwardly revised 211,00....
...How come our soldiers — now all volunteers — were so ill-treated by the government and the population?...
...That’s roughly a 20th of the total supply to date — and there are at least five wallets holding around 100,000 coins each, according to Arkham Intel....
...Under the proposals, set out on Thursday, the new rate would raise £10.8bn over the next five years, starting in 2024-25....
...Thereafter its fee will be set at 0.25 per cent. Invesco likewise will waive fees for six months or the fund’s first $5bn before settling at 0.59 per cent....
...So much so that the main sovereign currency that people use to trade against crypto tokens is now the Korean won, not the US dollar....
...Even today, the US’s trade-to-GDP ratio is just 25 per cent....
...Bookings for ocean cruises remain “exceptionally strong”, leading to a load factor of 78 per cent for 2024-25, a 4 percentage point increase over the previous year....
...The company’s Filecoin Trust is trading at $34.25, 721 per cent above its net asset value of $4.17, having hit a premium of more than 1,000 per cent in November....
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