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The world's largest cryptocurrency, Bitcoin, saw a rise in price on Monday, breaking past $42,000 and reaching a new high not seen in 20 months. The upward momentum of the Bitcoin price was driven by expectations of a rate cut by the US and traders betting that the US regulatory agency will soon approve a Spot Bitcoin exchange-traded fund (ETF) for trading.
Meanwhile, the price of gold also reached a new all-time hig...

Alibaba Group Holding is bringing back Joseph Tsai, who has become a prominent blockchain proponent and owner of the Brooklyn Nets since co-founding the Chinese e-commerce company, to help turn around the struggling technology giant.
The US-educated Tsai is a longtime ally of fellow Alibaba co-founder Jack Ma.
Tsai understands Alibaba’s business intimately. The two were introduced through a friend and Tsai w...