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...The PBoC had surprised markets on Friday by letting the currency weaken past Rmb7.20 to Rmb7.2291 against the dollar....
...Marathon Digital has increased its holdings 50 per cent to 17,300 bitcoins, while Bitfarms and Riot have increased their holdings by 50 per cent and 20 per cent respectively....
...It was nice business: gold pans, retailing at 20 cents before 1849, were soon going for $8....
...Economists say the gap must remain narrow for the government to remove currency controls....
...Plus, US small-cap stocks are suffering their worst run of performance relative to large companies in more than 20 years....
...Could a company trading at 10 times its revenues suddenly start trading at 20 times its revenues? Unlikely....
...It’s part of a stand-off between Binance and Nigeria, which is holding two Binance executives until a hearing on March 20....
...The Australian dollar rose 0.5 per cent to A$0.672....
...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 two academics focused on the 20 M&A and regulatory assignments that S&C worked on for FTX, for which it earned just under $10mn in the months leading up to the exchange’s November 2022 bankruptcy filing...
...One of the most important is AsicBoost, which according to its inventors Timo Hanke and Sergio Lerner could lower bitcoin’s mining costs by about 20 per cent....
...Here are some more of the zingers coming out of Sonnemannstrasse 20 (our emphases and [bracketed snark]): The decentralised nature of Bitcoin presents challenges for authorities, sometimes leading to unnecessary...
...The losers are existing crypto exchanges, which held about 20 per cent of all bitcoins for customers a few years ago but now hold around 11 per cent, roughly 2.3mn tokens....
...Why then does it have a 20 per cent weighting in Taiwan or 16 per cent in South Korea, both with outputs per capita equal to Japan’s? Not that I’m complaining....
...This will barely dent overall net migration, which totalled 672,000 in the year to June....
...Nvayo insisted that the DOJ case, which names Nvayo more than 20 times and describes Nvayo’s involvement in moving tens of millions of dollars between Scanlon’s clients and companies, “did not concern [Scanlon...
...The province’s finances had been “decimated” in recent months, governor Ricardo Quintela said in an interview, citing Milei’s halting of public works projects and his refusal to transfer the 20.8bn pesos...
...The chart above shows a drop of nearly 20 per cent in two weeks. As Bryce noted last week, the approval of spot Bitcoin ETFs has mostly been a chance to cash out of arbitrage trades....
...Qian said she had difficulty walking as the result of a past car accident and most days she spent about 20 hours in bed with her laptop, playing games, shopping and transacting bitcoin exchange....
...Partner numbers rose from 672 to 714. Distributable operating profit for the year to May 31 rose 6 per cent to £756mn, on revenue up 14 per cent to £5.6bn, Deloitte added....
...Nasscom has previously estimated that fewer than 20 per cent of India’s 1.5mn engineering students graduating each year get industry jobs....
...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....
...* The public (via Deutsche Bank): ¯\_(ツ)_/¯ Our December survey of 2,100 consumers revealed that over a third consumers expect the price of Bitcoin to remain below $20,000 in 2024, while 38% responded...
...Publicly backed digital currencies would sit in wallets on smartphones, fending off the threat that privately controlled digital currencies created by tech groups gain too much traction....
...Since the most common note, the £20, was replaced with plastic in early 2020, there has been a notable fall in requests to exchange currency....
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