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...March job gains surpassed the upwardly revised 155,000 in February and the 148,00 jobs that economists polled by Reuters had predicted....
...The 11 funds now hold 303,000 bitcoins, according to K33 Research, worth $18bn and equivalent to about 1.5 per cent of the total bitcoin supply....
...Average daily volumes are around $1.04bn during US stock market opening hours, compared with $1.11bn in the much longer period they are closed, CCData found....
...In the real world, if you lend $1,000 you can expect to receive interest....
...Ripple said its stablecoin, which will be launched later this year, would be based in the US, pegged 1:1 to the US dollar and fully backed by dollar deposits, short-term Treasuries, and other cash equivalents...
...In currency markets, the strong retail sales figures boosted the US dollar index, which tracks the world’s dominant currency against six international peers....
...Its neighbours on Mahé island include KuCoin, whose founders are under investigation by US authorities over alleged anti-money-laundering failings....
...But could a company trading at a revenue multiple of 1,400 suddenly trade at a multiple of, say, 3,000? Sure! Why not?...
...Roger W Kirby Millbrook, NY, US...
...at Z$36,000 to the dollar....
...This month the bitcoin price hit a record high of $73,000 — four times its level in late 2022 when FTX imploded....
...Investors could start by taking 1 per cent from their equity exposure and reallocating it to bitcoin, she said: “I think in the conversations with analysts right now, that idea of going from zero to 1 per...
...On Wednesday the dollar gained just over 1 per cent against a basket of currencies, including the yen, for its best one-day performance in more than a year....
...Others note that, although gold has hit record levels in nominal terms, prices remain well below their inflation-adjusted peak of more than $3,000....
...Coinsbee, based in Germany, says in its FAQ that it applies no KYC checks below €1,000 per transaction up to a total value of €10,000....
...His claim is worth $52,000....
...BlackRock’s bitcoin exchange-traded funded has reached $10bn faster than any US ETF in history, fuelled by a rally that continues to send the world’s largest cryptocurrency to record heights....
...A 1.5GW water battery proposed by SSE in the Scottish Highlands will cost about £1.5bn. The UK is now consulting on a mechanism to guarantee revenues if returns drop below an agreed floor....
...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....
...Bitcoin has surged to record highs this year after US regulators approved spot bitcoin ETFs in January following a decade of rejections....
...The IMF last week raised its US growth projection for 2024 to 2.1 per cent, up from a previous forecast in October of 1.5 per cent....
...The US group has drawn in $1.7bn to date....
...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....
...From an exhibit attached to an S-1 it filed last year: PishPosh Baby LLC (“Borrowed’) promises to pay Moishe Hartstein (“Noteholder”) in lawful money of the United States of America, the amount of $1,000,000.00...
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