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...The controls mark a U-turn on cryptocurrencies in Nigeria, which President Bola Tinubu’s government had seen as part of its sweeping market-friendly reforms, designed to attract overseas investment to its...
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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 central bank supported the currency in the spot and non-deliverable forwards markets, with the governor commenting the bank was always in the market to stabilise the currency in this way....
...Bitcoin also extended losses, falling 3.5 per cent for the day after hitting an all-time high earlier in March....
...Hong Kong’s stock market led gains in Asia on Tuesday afternoon, with a state-owned mainland bank notching the largest gains....
...Last year Marathon earned 7.7 per cent of its full-year net income from transaction fees, up from 1.3 per cent in 2022. It’s almost inevitable that ratio will rise substantially in the coming years....
...Two months ago cocoa traded in New York at below $5,000; a year ago it was less than $3,000....
...There is a limited, if admittedly growing, data set on zigzags and U-turns in policy and technology....
...Alibaba had once hoped to take Cainiao public at a $20bn valuation but struggled to find much interest amid a deep market downturn in Hong Kong....
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...half, to 3.125 bitcoin....
...for miners for verifying a block halve to 3.125 bitcoins....
...Japan’s Topix fell 2.8 per cent and South Korea’s Kospi dropped 3 per cent, leading losses in Asia. Hong Kong and mainland Chinese markets also sold off....
...The Korean won rose as much as 1.1 per cent against the dollar t0 Won1,371.72 and the yen gained up to 0.3 per cent to hit ¥153.96....
...Changpeng Zhao may finally make a long-awaited public appearance in the US today. In court, reportedly! He’s expected to appear in federal court in Seattle today, according to the WSJ....
...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...
...Summarise in 2-3 sentences why La Rioja plans to issue “bocades” Under what conditions would the “bocades” solve La Rioja’s problems?...
...South Korea’s currency declined 0.8 per cent to trade at Won1,330.50 per dollar, the yen slid 0.3 per cent to ¥146.15, while the Australian dollar fell 0.7 per cent to US$0.66....
...The data comes in the wake of higher than expected consumer price inflation numbers for February, which showed that headline inflation increased to 3.2 per cent last month, up from 3.1 per cent in January...
...Traders had already slashed their bets on rate cuts by the Fed last week after official data showed a 3.5 per cent increase in consumer prices for the year to March, up from 3.2 per cent in February and...
...But could a company trading at a revenue multiple of 1,400 suddenly trade at a multiple of, say, 3,000? Sure! Why not?...
...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....
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