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Bitcoin isn't a currency – and unless it becomes one it could be worthless Not its price, which has increased 900% this year and (at the time of writing) stands at over US$12,000 per unit, but its actual use as a currency. And this makes its rapid appreciation all the more puzzling. A few years ago, enthusiasts triumphantly shared announcements from businesses that had started ...
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Crane Co. to Buy Crane Currency, Reaffirms '17 Earnings View (CR - Free Report) recently agreed to acquire 100% equity stake in Boston-based Crane & Co., Inc. (Crane Currency). Buyout consideration has been fixed at $800 million. Additionally, the company lowered its GAAP earnings guidance for 2017 while reaffirmed its adjusted earnings projections.
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Currency risk biggest headache for small importers and exporters The research found that currency volatility is the biggest challenge faced by UK importers and exporters today. Other key challenges for exporters include paperwork and administration, and logistics management. For importers, logistics and managing duty, VAT and freight payments were the main ...
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Wary China Eyes US Tax Cut as Currency Risk and Reform Chance Chinese officials and commentators are greeting the news of the biggest U.S. tax overhaul in three decades with a mixture of concern over the potential market impact and a sense that opportunity to push further reforms at home has arrived. A Senate vote early Saturday brings the U.S. close to a cut in ...
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Alert Bitcoin investors! RBI issues another warning, says cryptocurrencies have some risks Bitcoin breached $12000 mark on Wednesday for the first time ever. The virtual currency has soared more than 1,000 percent since the start of the year. Last Wednesday, it was trading at $9,500. Nothing moves so fast in the financial world. So what is fuelling this rapid rise of bitcoin? This is something ...
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The cryptocurrency market is now worth more than JPMorgan Cryptocurrencies' total market value edged up to another record high Wednesday, surpassing that of the U.S.' largest bank. The combined market capitalization of all digital currencies reached an all-time high of more than $370 billion at about 6:50 a.m. London time, according to Coinmarketcap data.
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