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    Omanyano ovanhu koikundaneki yomalungula kashili paveta, Commisiner Sakaria takunghilile Veronika Haulenga

bitcoin

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World

Major boost for Bitcoin after SEC ETF approval

The United States Securities and Exchange Commission, or SEC, has approved the first-ever bitcoin exchange-traded funds to come out of the US, a watershed moment for the world's largest cryptocurrency. The agency gave the green light to sponsors of 10 ETFs — including BlackRock, Invesco and Fidelity — that'll track bitcoin prices. Most of the products have already begun trading on Thursday. Benji Hyer explains.

todayJanuary 12, 2024 9

World

Asian markets drop as traders temper rate cut bets

Stocks fell Tuesday, extending the sell-off seen on Wall Street, with analysts warning November's rally fuelled by bets on interest rate cuts may have gone too far, forcing traders to take a step back. Markets surged last month as data pointing to slowing inflation and softer job markets combined with a dovish turn by Federal Reserve officials to stoke expectations they will next year begin loosening monetary policy. Those hopes […]

todayDecember 5, 2023 4

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