China's recent policy support is aimed at fixing its system and shouldn't be seen as economic stimulus, says Societe Generale's Wei Yao.
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The trading platform posted a sharp rise in monthly crypto trading volumes in November, while CEO Vlad Tenev said he hopes to eventually reel in “nine figures” in annual revenue.
It adds to a prior agreement in which Riot bought 33,280 miners from MicroBT. The term sheet was also updated, allowing Riot to buy another 265,000 miners in the future.
The country’s Bitcoin investment has returned to profit after a devastating crypto winter.
The anticipated Bitcoin halving and potential ETF approvals have lit “some serious fire in the cauldron" for crypto, said Zerocap investment chief Jon de Wet.
The Federal Reserve needs to cut interest rates at least five times next year to avoid tipping the economy into a recession, according to a portfolio manager.
Attorney General Merrick Garland called it "one of the highest-reaching and longest-lasting infiltrations of the United States government by a foreign agent."
The next game in the popular Grand Theft Auto video game will appear in 2025, more than a decade after Grand Theft Auto V.
U.S. equity markets have received the lion's share of attention over the past five weeks, but now investors seem to be captivated by the new and shiny.
If approved, this third version of the plan will go into effect on Jan. 5, 2024, and see the company add 372 MW in capacity by 2027.
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