An aide to the Russian President has stated that cryptocurrency mining is a major factor causing inaccurate ruble exchange rate forecasts, calling it a “new, undervalued export item.” Undervalued Export and Hidden Currency Flows Maxim Oreshkin, Deputy Chief of Staff of the Presidential Executive Office and a key economic aide to Russian President Vladimir Putin, […]
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Bitcoin (BTC) reversed its latest gains after Tuesday’s Wall Street open as US bond yields continued to set multidecade highs.Key points:Bitcoin abandoned a low-time frame rebound after reaching...
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