The usual dislocation of markets was seen," said Charles Hayter, chief executive officer of crypto data provider CryptoCompare in London. Tesla Inc boss Elon Musk, whose tweets on bitcoin have added fuel to the cryptocurrency's rally, said on Saturday the price of bitcoin and rival cryptocurrency ethereum seemed high. Treasury Secretary Janet Yellen also tamped down the flames on Monday, saying bitcoin is extremely inefficient at conducting transactions and is a highly speculative asset.
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Ethereum, which tends to move in tandem with bitcoin, also tumbled after hitting a record high on Saturday. It hit a three-week low on Monday and was last down about 8. Trading platform IG said on Monday it had reached its limit for the amount of cryptocurrency it holds as a business and that it was no longer accepting new cryptocurrency buy orders from clients. Bitcoin's meteoric rise has been fuelled by signs that it is gaining acceptance among mainstream investors and companies, from Tesla and Mastercard Inc to BNY Mellon.
BNY Mellon is working with Fireblocks in conjunction with a new unit it announced earlier this month to help clients hold, transfer and issue digital assets, according to a report on Monday by CoinDesk. Top news and what to watch in the markets on Monday, March 29, When Grindr Inc's Chinese owner sold the popular dating app to an investor consortium last year to comply with a U.
Fei, a former private equity executive, was acting as an adviser to Beijing Kunlun Tech Co Ltd, Grindr's owner at the time, on the deal, the documents show. The group, which also runs soft play centres, told investors on Monday that its sales slid by First Thing: world's eyes on Minneapolis as George Floyd trial beginsFormer police officer Derek Chauvin is accused of killing Floyd last year in an incident that sparked international outrage.
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Contact details, Jesper M. You can find lots of big, well-known companies among the most popular stocks on Robinhood. Here, we take a look at employment projections from the U. As some employers realize how productive their telecommuting employees are and how much they can save by downsizing office space, scores of people who did not work from home pre-pandemic may now do so permanently.
The change is likely to mean less profit for transportation companies, restaurants, coffee shops, and commercial real estate companies. People could resume outdoor activities such as tennis, swimming and golf. How we met: 'I fancied her but she was jabbing a needle into my ribs'Sandie Tweedie, 35, and Noemi Sorrentino, 31, met in a tattoo studio in Fear in your ear: the unstoppable rise of the horror podcastThe Battersea Poltergeist is just one of many surging up the charts.
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