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The Game of Krones: Inside Denmark's battle to defend its 35-year-old currency peg Over the following three weeks, they continued to aggressively attack the krone, hoping to build up enough pressure to force the central bank to de-peg. That would likely consign the Danish currency to the same destiny as the Swissy — soaring against the euro and returning a hefty profit to traders ...
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'Bitcoin Milwaukee' group has largest meeting ever after price of online currency soars Some major companies including Microsoft and Overstock.com embrace it as currency. 30-year-old Brandon Standel says he used student loans to buy Bitcoins in 2013, and it paid off. "I started doing a little bit of research, and I just bought a little bit when it was $30. I saw my investment grow quickly that ...
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Five Bitcoin disasters of all time; why it's never safe to invest in virtual currency The frenzy around world's biggest virtual currency, Bitcoin, has reached a level where it's impossible for you not to think about investing in it. Every day Bitcoin is setting up a new benchmark, luring you to become a part of this unpredictable financial cycle. At the same time, some financial institutions such ...
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RBS boss likens bitcoin to Dante's Inferno as currency tops $15000 As the digital currency surged towards $16,000, Sir Howard Davies suggested it should carry a similarly apocalyptic warning for investors. Davies, a former head of the UK's top financial watchdog, called on the Bank of England and other authorities around the world to launch a coordinated warning ...
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African private equity industry survives currency volatility AVCA's research also highlights that currency volatility can be addressed by investing in market-leaders in resilient sectors, such as Consumer Staples and Healthcare, and adopting expansionary strategies. "These tactics contribute to the industry's overall health and growing reputation as robust even ...
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The Ripple Currency Problem: Why Permissioned Blockchains Will Devalue XRP Ripple Labs, the organization behind the XRP currency, has a big advantage in the blockchain industry. After launching their blockchain in 2012, Ripple Labs has been working with financial…
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