Bitcoin trading and banking company New York Digital Investment Group LLC (Nydig) has reduced its work force by about 110 people or a third of its work force, The Wall Street Journal reported Friday. The move comes after the company on Oct. 3 named Tejas Shah as its new CEO. In December, Nydig raised $1 billion in capital at a valuation of $7 billion. Stone Ridge Holdings Group is the parent of Nydig.
BoE interest rate and weak USD: triggers for GBPUSD growth
Rising unemployment in the US is putting pressure on the USD. Against this backdrop, GBPUSD may continue to rise toward the 1.3590 area. Details —