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Bitcoin Spikes to a High of $29900 on False ETF Approval News

Bitcoin surges 10% before retreating as Fake ETF news provides a glimpse of potential volatility and gains in store for crypto as a whole should the spot ETF approval go through. What Next?

Transcripts for BBCNEWS World Business Report 20240604 04:52:00

will close its australian derivatives business following the country s regulator s targeted review of the company. the australian securities and investments commission said the cancellation was requested by the exchange. regulatory scrutiny of binance has increased over the last few months. in march, the platform and its founder were sued by the us commodities watchdog for operating what was alleged to be an illegal exchange. we have mentioned it a few times, haven t we. it is good friday. for many around the world it is the beginning of the easter weekend. an estimated 80 90 million chocolate eggs are sold in the uk alone each easter. if you re looking for an ethical easter egg, then there are around 90 different brands containing fair trade chocolate on sale in the uk. by choosing a fairtrade egg, you re backing cocoa farmers in earning a living income.

Transcripts for BBCNEWS World Business Report 20240604 04:51:00

in a preliminary earnings report, the world s largest memory chip and tv manufacturer estimated its operating profit fell to $455 million for the first three months of the year. samsung electronics is due to released their full earnings report later this month. cryptocurrency platform binance will close its australian derivatives business following the country s regulator s targeted review of the company. the australian securities and investments commission said the global economy is facing years of slow growth, with medium term prospects the lowest in 30 years. that warning comes from the imf s managing director kristalina georgieva. she was speaking in washington ahead of the world bank and imf spring meetings next week and said the world economy would expand at an average annual rate of about three % over the next five years. airbus has announced it will open a second final assembly line in china that will double its production capacity in the country, with the framework for the

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