Tag Archives: weaken

Bitcoin and Ether fell in Asian trading on Wednesday afternoon, with Dogecoin leading declines across top 10 non-stablecoin cryptocurrencies. See related article: Sam Bankman-Fried hires attorney Mark Cohen amid probes of failed FTX exchange Fast facts Bitcoin dropped 1.41% over the past 24 hours and was trading at US$16,780 by 4:30 p.m. in Hong Kong, and Ether decreased 2.68% to US$1,228, according to CoinMarketCap. Dogecoin slumped 5.47% to US$0.09561. Twitter user “Nima Owji” who… Source link

Disney (DIS) laid out key levers it can pull to help battle a potential recession — as the media giant’s theme parks business showed signs of weakness in the fourth quarter. On the earnings call following the disappointing results, Disney CFO Christine McCarthy noted that the company has tools, both new and old, that it can utilize to keep its parks business afloat should consumers pull back spending. According to the executive, one tool includes discounting — something that McCarthy noted… Source link

By Susan Mathew Sept 7 (Reuters) – Latin American currencies weakened on Tuesday as rising U.S. Treasury yields sent the dollar rallying, while El Salvador became the first country in the world to adopt bitcoin as legal tender. The adoption of the cryptocurrency, which will serve alongside the U.S. dollar in the country, suffered teething problems when the government had to unplug a digital wallet to cope with demand. President Nayib Bukele said El Salvador holds 400 bitcoins. He expects the… Source link