Sterling Hits Six-Day High After BoE Meeting; Brexit Fears Limit Gains

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Sterling Hits Six-Day High After BoE Meeting; Brexit Fears Limit Gains – Reuters

The pound rose to a six-day high after a Bank of England meeting revived expectations of a rate hike this year, but sterling’s gains were checked by fears of a breakdown in Brexit talks next week.

The Bigger Cryptocurrencies Get, the Worse They Perform: BIS

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The Bigger Cryptocurrencies Get, the Worse They Perform: BIS – Reuters

Cryptocurrencies are not scalable and are more likely to suffer a breakdown in trust and efficiency the greater the number of people using them, the Bank of International Settlements (BIS) said in its latest warning about the rise of virtual currencies.

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US Regulator DemanTrading Data From Bitcoin Exchanges in Manipulation Probe

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US Regulator Demands Trading Data From Bitcoin Exchanges in Manipulation Probe – Wall Street Journal (subscription)

Government investigators have demanded that several bitcoin exchanges hand over comprehensive trading data to assist a probe into whether manipulation is distorting prices in markets linked to the cryptocurrency, according to people familiar with the matter. Read More