Plummeting crude oil prices, international sanctions, the crumbling ruble and rising sovereign debt yields are creating what one analyst called the “perfect storm” for the Russian economy.
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Sun, 12/07/2014 - 10:01pm
Plummeting crude oil prices, international sanctions, the crumbling ruble and rising sovereign debt yields are creating what one analyst called the “perfect storm” for the Russian economy.
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The cryptocurrency market just went through its biggest liquidation of this bull run. On Dec. 9, the cryptocurrency market saw $1.552 billion worth of liquidations within 24 hours, according to data provided by CoinGlass. Long positions were responsible for $1.38 billion of total liquidations, while liquidated short positions accounted for $136.7 million. Bitcoin (BTC) liquidations alone were worth $163.4 million, while Ethereum (ETH) $204.7 million.
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More | Talk | Read It Later | ShareMicroStrategy — the market intelligence firm known for siphoning billions of dollars into Bitcoin (BTC) for its coffers — just acquired another $2.1 billion worth of the world’s first cryptocurrency. A recent Securities and Exchange Commission (SEC) filing by MicroStrategy reveals that the firm acquired about 21,550 BTC for approximately $2.1 billion between Dec.
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