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...According to a CFPB report published last year, more than 80 per cent of the credit card market is controlled by 10 of its approximately 4,000 issuers....
...US-based Cleanspark held more than 5,000 bitcoins at the end of March, up 2,400 per cent on the same month a year ago....
...Join me and fellow colleagues at the FT’s flagship Crypto and Digital Assets Summit on May 8-9 in London....
...Within hours of touching the milestone, however, bitcoin had fallen more than 8 per cent to about $62,000....
...Ether, the second most popular cryptocurrency, is down 8 per cent in the past week. Rival coins dogecoin and cardano are down 4 per cent and 12 per cent respectively....
...There are about 6,300 tokens issued weekly by bitcoin but the ETFs have bought around 50,000 coins in that period. QED....
...South Korea’s currency fell 0.8 per cent against the dollar to Won1390.90....
...March job gains surpassed the upwardly revised 155,000 in February and the 148,00 jobs that economists polled by Reuters had predicted....
...Bitcoin was worth about $16,000 at the time of FTX’s collapse and is trading at about $70,000....
...In the real world, if you lend $1,000 you can expect to receive interest....
...In currency markets, the strong retail sales figures boosted the US dollar index, which tracks the world’s dominant currency against six international peers....
...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....
...Australia’s stock exchange has been fined after it was found to have breached a rule related to transparent information around trades on more than 8,000 occasions....
...Its neighbours on Mahé island include KuCoin, whose founders are under investigation by US authorities over alleged anti-money-laundering failings....
...Roger W Kirby Millbrook, NY, US...
...The mess surrounding Kate Middleton’s apparent disappearance from the public eye tells us absolutely nothing about bitcoin....
...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....
...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....
...The price of bitcoin has soared despite US regulators’ clampdown on the biggest crypto companies and continued scepticism about the token....
...Sales increased to an annualised rate of 693,000 from a downwardly revised figure of 637,000 in February, according to the US Census Bureau....
...That missed economists’ forecast for 675,000 new home sales, but January’s figure had been revised higher to 664,00....
...They said 8 per cent and 5 per cent of their investment capital had been repaid using assets confiscated from Lantian Gerui and its former employees that were worth a total Rmb2.8bn (£309mn)....
...UK investors have watched as bitcoin rose to register an all-time high above $70,000 this month, surging from roughly $42,000 in January....
...The dollar’s latest move against the yen followed stronger-than-expected data for US inflation in March, which pushed out market expectations for the timing of US interest rate cuts and sent bond yields...
...It suffered the biggest drop among major currencies in the world this month, falling nearly 4 per cent. The currency has lost 8.7 per cent of its value this year....
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