Currency Area

Bloomberg Crypto Hedge Funds Buy Bitcoin Balance Sheet Weekly Low (Bloomberg) – Felix Dian is fighting the spirits after this week’s crypto collapse. Like many pros, the former Morgan Stanley trader says Bitcoin’s volatility actually shows why hedge funds are in the digital currency game: To ride boom and bust …

BOURNE – Walking into a replica of one of the first trading posts established in the New World in the early 1600s, one is transported back in time. The original fireplace, fitted out for cooking, has bricks where you can feel the impressions of the hands that molded them. In …

The man accused of leading a Keene group in setting up and operating an unlicensed cryptocurrency exchange was released on bail this week on strict terms after the group’s trial was postponed. Ian Freeman was the only one of six defendants to be sentenced to pre-trial detention after the group …

Argentina has instituted strict restrictions on shopping and leisure activities as the South American country tries to stave off a new wave of coronavirus infections, the presidential office said on Thursday. President Alberto Fernández pleaded with the people of Argentina to make a concerted effort to curtail their movements with …

Critics of the current system say it locks out many low-income people and charges them for basic services that people with high account balances don’t suffer from. Digital currency accounts held by individuals could serve as a form of competition. Yet the banking system offers high protection to depositors, including …

ASHEBORO – Bitcoin mining, one of the hottest global phenomena, could be happening in rural North Carolina. A company, loosely named NC Mine 1, LLC and based in California, has applied to rezone an area along Spencer Meadow Road in Randolph County from a residential agricultural district has a light …

Riyals, euros or dollars: women money changers at the heart of the street economy in Djibouti DJIBOUTI: It’s a familiar sight in the busy streets of Djibouti: women holding purses inflated with dollars, euros, riyals and rupees, money changers running the informal economy.Perched on plastic chairs with their feet resting …

After the worst yr for the worldwide economic system because the Nice Despair, the West seems poised for a vigorous rebound as mass vaccination in opposition to Covid-19 propels a return to roughly regular life. The restoration, nevertheless, shall be in phases, because the timing and velocity of recoveries in …

Creator’s Notice: This week’s archives happen throughout isolation within the Jim Crow South. Due to this fact, the social advantages mentioned within the following article excluded African People and different individuals of shade. In an editorial from January 28, 1917, The citizen of Asheville noticed how “all the great issues …

The Canadian greenback has traded erratically this week. USD / CAD hit a low of $ 1.2500 on Easter Monday as foreign money strikes have been exaggerated because of weak market liquidity. Costs climbed steadily till they hit a resistance wall at $ 1.2650 on Wednesday, then fell to $ …