Bitcoin Plunges Below $13,000, Heads for Worst Week Since 2013

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Bitcoin Plunges Below $13,000, Heads for Worst Week Since 2013 – Reuters

Bitcoin plunged below $13,000 (£10,970) after losing around a third of its value in just five days, with the digital currency on track for its worst week since 2013 after a blistering ascent to a peak close to $20,000 on Sunday.

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Regulators Give Fresh Sign They’ll Go Easy on MiFID Rules

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Regulators Give Fresh Sign They’ll Go Easy on MiFID Rules – Bloomberg

Regulators will grant financial firms a six-month delay in implementing part of the sweeping MiFID II overhaul of rules that’s set to take effect on January 3, as both companies and countries struggle to meet the deadline. 

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Wall Street Watchdog Becomes Forum to Cut Rules Under Trump

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Wall Street Watchdog Becomes Forum to Cut Rules Under Trump – Bloomberg

In its annual report, the Financial Stability Oversight Council for the first time advised agencies to address outdated and overlapping rules that could subject the industry to “increased compliance costs and regulatory burdens.”

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Dollar Bounce Stalls as Alabama Outcome Adds Uncertainty

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Dollar Bounce Stalls as Alabama Outcome Adds Uncertainty – Reuters

A two-week rally in the dollar stalled after a Democrat won a bitter fight for a US Senate seat in deeply conservative Alabama, injecting fresh uncertainty about the outlook for the greenback in the coming months.

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Bitcoin Futures Launch But The Song Remains the Same

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Bitcoin Futures Launch But The Song Remains the Same – Profit & Loss

CBOE officially launched trading on bitcoin futures on Monday morning in Asia and while the event was much anticipated, price action has generally conformed to that of the past year with the price of the cryptocurrency rising steadily.

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