Bitcoin hitting record highs, the continuation of a rally that has been building for a couple of months. There are a couple of factors the mainstreaming of bitcoin. You may recall earlier this year regulators in the us open and investing opportunities attached to crypto currencies to more investors, and since then funds have been pouring into that. There was a report that huge figures have been raised. That has definitely increased things on the demand side. On the supply side, there is a 0n the supply side, there is a process called halving, part of the bitcoin protocol, only a certain number are issued, and once every four years, a reward for bitcoin miners, that number decreases. That may also have an impact on what investors think the supply will be. All of this i think you can safely say is leading to that craze for laser eyes, the meme that bitcoin fund is used when they are feeling optimistic about it. ~. , they are feeling optimistic about it. We will come back to it. Michelle.
exchange in november 2022, and the founder was found guilty of fraud and money laundering last month. also in november, the ceo of finance, the largest cryptocurrency exchange pleaded guilty to anti money laundering and us sanctions are violations and us sanctions are violations and paid a $50 million fine and the company paid a $4.3 billion fine. but bitcoin it seems there is no worse for the wear. the price climbed above $44,000 on tuesday and shares of coinbase global, the largest crypto exchange in the us were up crypto exchange in the us were up as well. bitcoin miners traded up as well. here are some of the winter there south, us regulators are expected to approve an exchange traded fund that directly holds coin happening as early as next month and traders are betting on it. staying with the us, data out overnight showed job openings felt to more than 2.5 year low in october, a sign that highest interest rate are causing businesses to cut costs including recruitment for
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