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It's been a busy week in the world of finance, with several major stories making headlines.
Here's a roundup of the top finance events over the past five days:
๐ธ Bitcoin Cash rose 10% after halving.
๐ธ Alibaba repurchased $4.8 billion in stock last quarter.
๐ธ Tesla's value has dropped by over 30% in 2024, with delivery delays being a significant contributing factor.
๐ธ Apple Inc. terminated over 600 employees in California following the closure of its car and smartwatch display projects.
๐ธ Telegram introduced a revenue-sharing program with payments in Toncoin.
๐ธ The Bank for International Settlements and US federal banks are testing international payments with tokenized assets.
๐ธ Binance will discontinue support for NFTs on the Bitcoin network.
๐ธ Ripple plans to launch its own stablecoin pegged to the USD by the end of the year.
๐ธ Lithuanian authorities intend to require mandatory licensing of all cryptocurrency companies.
๐ธ Vitalik Buterin outlined Ethereum's next update priorities: reducing node load and simplifying blockchain structure.
Friday stock market news:
๐ธ EUR is up against USD at 1.0840.
๐ธ GBP is down against USD at 1.2628.
๐ธ Dow Futures are up 0.07% to 38,943.00.
๐ธ Crude Oil is up 0.30% to 86.85.
๐ธ Gold is down 0.36% to 2,300.30.
Don't forget to factor in the latest news when planning your weekend tradesโ๏ธ
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