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...Indonesia’s central bank unexpectedly raised its benchmark interest rate by 0.25 percentage points to 6.25 per cent on Wednesday, in a bid to support the sliding rupiah currency....
...a strong dollar and expectations of a delay in US rate cuts....
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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....
...Once embraced by figures such as former US president Bill Clinton and New York mayor Eric Adams, the FTX founder had “presented himself as the good guy, all in favour of appropriate regulation of the crypto...
...This month, it is 25 years since 12 EU countries merged their currencies and the euro was born....
...Meanwhile, the US Securities and Exchange Commission has just won ground in a suit against Coinbase....
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...Register here for free to watch live on May 8 at 13:00-14:00 BST....
...Most likely, though, being right on the Japanese currency will not be about Japan but rather what happens in the US and with global investor sentiment....
...The pound climbed 0.6 per cent to a seven-month high of $1.2893 against the US currency on Friday, before paring gains to end the week at $1.2857....
...The milestone seemed improbable only in October, when bitcoin languished at about $25,000....
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...The wider MTN group’s full-year results will be announced on March 25....
...Soundbite of the week: Yellen takes aim at stablecoins once again US Treasury secretary Janet Yellen again called for federal-level stablecoin regulation in the US....
...K33 estimated that 843,000 of those bitcoins under management were in the control of US-based investment firms, if US futures-based ETFs were included in the calculations....
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...Scanlon was arrested in Miami Airport on May 25 last year after travelling to the US. He remains under house arrest in New Jersey and did not respond to requests for comment....
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...BlackRock, for example, charges just 0.12 per cent for the present, although that will rise to 0.25 per cent in the next year or if it attracts $5bn in AuM....
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